Scm definition - Study guides, Class notes & Summaries

Competitive priorities - 1. cost 2. quality 3. speed/time 4. flexibility Value - what i get/price Productivity - what i make/cost SCM key components - 1. Procurement 2. Operations 3. Logistics Procurement - Buy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations Operations - Make it: makes business processes effective and efficient. They help the organization create high quality products/ services using the fewest resources ...

SCM definition correct answers resources capabilities strategic SCM includes everything except correct answers productions scheduling Which is not a reason to manufacture in house correct answers insufficient capacity When would you use an external supplier correct answers better cost of control Tc manufacturing correct answers tc=fc + (vc * q) outsourcing correct answers tc= p*q Breakeven correct answers q= fc/(p-vc) total cost of ownership analysis correct answers extends ...

SCM definition correct answers resources capabilities strategic SCM includes everything except correct answers productions scheduling Which is not a reason to manufacture in house correct answers insufficient capacity When would you use an external supplier correct answers better cost of control Tc manufacturing correct answers tc=fc + (vc * q) outsourcing correct answers tc= p*q Breakeven correct answers q= fc/(p-vc) total cost of ownership analysis correct answers extends ...

SCM 455 Midterm Questions with complete solution 2024/2025 SCM 455 Midterm - Vitikas Characteristics of a Project in SM - correct answer *Projects are a series of tasks with:* -Specific objectives, defined start and stop dates -Limited resources, time, personnel, and budgets Dimensions of a project in SM - correct answer *Defined Scope* - project overview, agreed upon tasks, starting and end posts, costs *Defined Success* - attainment of objectives, stakeholder satisfaction... ...

CLTD Module 1 Question and answers 100% correct 2024/2025 CLTD Module 1 - Logistics Overview & Strategy Early 90s definition of logistics - correct answer merger of inbound materials mgmt with outbound physical distribution logistics - correct answer the subset of SCM that controls the forward and reverse movement, handling, and storage of goods between O/D points Logistics Formula - correct answer =Physical Supply + Distribution Systems concept - correct answer an attempt to...

IDIS 343 Latest Version with Complete Solutions supply chain Supply chain influences all activities that we perform from initial raw material / supplier to end customer What is Supply Chain Management (SCM)? The fortune quote defines it as -"Overseeing the movement of goods from the customers order through to production, storage, and distribution." A better definition might be -"A set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and st...

Economies of scale correct answers When costs can be spread across increasing units of production or in serving multiple customers. Businesses that have favorable economies of scale (like many Internet firms) are sometimes referred to as being highly scalable Porter's 5 Forces correct answers Also known as Industry and Competitive Analysis. A framework considering the interplay between (1) the intensity of rivalry among existing competitors, (2) the threat of new entrants, (3) the threat of ...

SCM definition correct answers resources capabilities strategic SCM includes everything except correct answers productions scheduling Which is not a reason to manufacture in house correct answers insufficient capacity When would you use an external supplier correct answers better cost of control Tc manufacturing correct answers tc=fc + (vc * q) outsourcing correct answers tc= p*q Breakeven correct answers q= fc/(p-vc) total cost of ownership analysis correct answers extends ...

SCM 300 Exam Questions with Correct Answers is the Efficient Integration of suppliers, transporters, manufacturers, warehouses, retailers and all other parties associated with the delivery of the final product.• Achieve Goals - Cost, Speed, Quality.. • Efficient Execution - Get things done right, but with minimal effort and resources Manage Resources - People, Materials, Machines.. - Answer-Supply Chain Management firm whose business include former suppliers and/or customers;Form of ...

supply chain : Supply chain influences all activities that we perform from initial raw material / supplier to end customer What is Supply Chain Management (SCM)? : The fortune quote defines it as -"Overseeing the movement of goods from the customers order through to production, storage, and distribution." A better definition might be -"A set of approaches utilized to efficiently integrate suppliers, manufacturers, warehouses, and stores, so that merchandise is produced and distrib...