Scm 421 exam 3 - Study guides, Class notes & Summaries
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SCM 421 Exam 3
- Exam (elaborations) • 17 pages • 2023
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Production planning and control systems are comprised of these 2 activities: - Answer- 1. Planning and control of materials 
"Materials management" 
2.Planning and control of capacities 
"Capacity planning" 
 
Materials Management - Answer- supports the transformation of raw materials and component parts into shipped or finished goods 
 
Capacity Planning - Answer- The process of determining how much capacity is needed (and when) in order to produce in the future 
 
What materials do we bu...
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SCM 421 Exam 3 Q&A 2023
- Exam (elaborations) • 14 pages • 2023
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What are the 4 steps to category planning? - Answer- Step 1: Define Objectives (Create Visibility) 
Step 2: Get the Facts (Define Boundaries) 
Step 3: Develop a Plan (Establish Priorities) 
-Focus on the "Big" Stuff 
-Manage the Small Stuff 
Step 4: Implement the Plan; Evaluate the Results (Stay Organized—and disciplined) 
 
How do you define your company's strategic position? - Answer- Define strategy (customer, strategic position, value proposition) and purchasing's fit (role of purchas...
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SCM 421 Final Exam/SCM 421 Exam 2 Q&A/SCM 421 Exam 3 Q&A 2023/SCM 421 MIDTERM QUESTIONS AND ANSWERS/SCM421 EXAM 1 QUESTIONS AND ANSWERS/SCM 421 Exam 3
- Package deal • 6 items • 2023
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SCM 421 Final Exam/SCM 421 Exam 2 Q&A/SCM 421 Exam 3 Q&A 2023/SCM 421 MIDTERM QUESTIONS AND ANSWERS/SCM421 EXAM 1 QUESTIONS AND ANSWERS/SCM 421 Exam 3
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