Logistics move it - Study guides, Class notes & Summaries

What is Supply Chain Management? : the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) : It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: : requires delivering more value and satisfaction t...

Supply Chain Management Exam 1: Review Questions and answers/ logistics: - -the art and science of obtaining, producing, and distributing material and product in proper place and in proper quantities. logistics management: - -the part of supply chain management that plans implements and controls the efficient effective forward and reverse flow and storage of goods, services, and related information between the points of origin and the points of consumption in order to meet costumers re...

SCM 300 Exam 1 Modules 1-4. Questions and answers. Rated A+ Supply Chain Management - -the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it - -SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility - -Competitive Priorities value (what i get/price) - -customers perspective productivity (what i make/cost) - -organization perspective 1. Procurement 2. Operations 3. Logistics - -SCM Key Components Procurement (buy it) - ...

SCM 300 Exam 1 Modules 1 DAVILA ASU SCM 300 Arizona State University - Question s with complete solution Supply Chain Management - correct answer The management of the chain of supplies SCM Flows/Strategy - correct answer buy it -> make it -> move it -> sell it -> service it Competitive priorities of SCM - correct answer 1. cost 2. quality 3. speed/time 4. flexibility What are the supply chain functions? - correct answer Procurement, Manufacturing, Distribution, I...

What is Supply Chain Management? correct answers the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) correct answers It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Why is SCM important to customers? correct ...

Supply Chain Management - the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it - SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility - Competitive Priorities value (what i get/price) - customers perspective productivity (what i make/cost) - organization perspective 1. Procurement 2. Operations 3. Logistics - SCM Key Components Procurement (buy it) - process of obtaining services, supplies, and equipment in...

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% SOLVED. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap W...

International Business Exam 1 Latest Update Graded A+ Which term refers to the trend of corporations to methodically expand their worldwide business activities? Internationalization ________ involves the allocation of assets to another country or the attainment of assets in that particular country International Investment Which term refers to the continuing economic assimilation and interdependency of countries across the globe? Globalization of Markets Assets such as technolog...

Mission Frequency and Duration - The bomber and the accompanying avionics suite will likely be in the air three to four times each week Affordability - All available funds have been depleted after one year of deployment because the logistics costs were minimized Anti-Tamper - The highly sensitive information in the software for the avionics suite was accessed by an unauthorized person Anticipated Service Life - The avionics suite should be functional for at least 4,500 service hours Choos...

ISDS 705 Midterm Guaranteed Success sustainable competitive advantage financial performance that consistently outperforms their industry peers. Operational effectiveness performing the same tasks better than rivals perform them. fast follower problem when savvy rivals watch a pioneer's efforts, learn from their successes and missteps, then enter the market quickly with a comparable or superior product at a lower cost. strategic positioning performing different activities from those ...