Vendor managed inventory - Study guides, Class notes & Summaries

GFEBS L250E Acquisition Process Overview Exam Questions and Answers 100% Pass Spending Chain Process - Answer- The Acquisition process: Material Master Data Vendor Master Data Procurement with Logistics The Accounts Payable process Material Master Data - Answer- sub-process encompasses the creation and maintenance of material master data. The main activity associated with this sub-process is: Perform Material Configuration: Source, maintain, and apply material master data. Vendor Mas...

SCM 300 Davilla Exam 2 ASU Study Guide With Accurate Solutions. Bullwhip affect + causes - answerthe effect of unplanned repetitive change in demand felt across the supply chain. From distributor to supplier - can cause: negative effects on cost of labor and materials, lowers customer service, leaves over supply of stock Shortage Gaming - answer- when demand exceeds supply manufacturers - customers order extra to compensate for perceived need - they cancel extra need leaving extra supply...

Outsourcing - Transferring a firm's activities that have traditionally been internal to external suppliers Vendor-managed inventory - a system in which a supplier maintains material for the buyer, often delivering directly to the buyer's using department. Postponement - Delaying any modifications or customization to a product as long as possible in the production process. The concept is to minimize internal variety while maximizing external variety. Blanket order - A long-term purchase c...

SCM 300 EXAM 2 ASU DAVILA LATEST UPDATE Brick-and-Mortar Business - a business that operates in a physical store without an internet presence Online or E-tailing - All products and services are sold to customers through an online website. Example: A Brick and Clicks - Companies that use both a physical store and the Web to sell their products and services. Clicks and Calls - In addition to taking orders via the company website, some companies will also offer sales via...

CIPM Scenario Practice Exam 71 Questions with Verified Answers Based on Albert's observations regarding recent security incidents, which of the following should he suggest as a priority for Treasure Box? A. Appointing an internal ombudsman to address employee complaints regarding hours and pay. B. Using a third-party auditor to address privacy protection issues not recognized by the prior internal audits. C. Working with the Human Resources department to make screening procedures fo...

a computer program that copies itself an infects and disrupts the operation of other computers without the users knowledge - virus a computer program that performs work not related to the computer - application a computer that controls the flow of information along a network - server a configuration of computers that enables users to share data' programs, and devices such as printers - network a high performance computer used for large volume computing purposes that service numerous comp...

CIPM Scenario Practice Exam 98 Questions with Verified Answers SCENARIO ALBERT & TREASURE BOX - CORRECT ANSWER ANSWER THESE CARDS IN ORDER AND USE THE NEXT CARD FOR THE FOLLOWING QUESTIONS SCENARIO ALBERT & TREASURE BOX For 15 years, Albert has worked at Treasure Box - a mail order company in the United States (U.S.) that used to sell decorative candles around the world, but has recently decided to limit its shipments to customers in the 48 contiguous states. Despite his years of exper...

The ability of a company to address the needs of and inquiries and requests from customers refers to: on-time delivery. customer service. order fill rates. customer relationship management. - Answer customer service.: Customer service is the ability of a company to address the needs of and inquiries and requests from customers. Which of the following is included in the cost of goods sold? Standard cost General and administrative expenses Revenue Overhead - Answer Overhead: The cost of...

Types of SAP conversions a. Brownfield (conversions from ECC SAP 6.0) b. Greenfield (clients in earlier versions or non-SAP systems), small to mid-size companies mostly Types of Implementation a) On-Premise (on-prem) b) Any Cloud c) SAP Private Cloud d) SAP Public Cloud On-Premise (on-prem) Implementation - client owns and manages hardware (servers, network) and software. Longest time to implement, highest cost, most flexibility. Any Cloud Implementation - client doesn't own hardware...

CIPS L4M2Re-buy - correct answer It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - correct answer Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - correct answer A new purchase outlines requi...