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Test bank For Supply Chain Management 6th Edition by Bowersox $10.99   Add to cart

Exam (elaborations)

Test bank For Supply Chain Management 6th Edition by Bowersox

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  • Course
  • Supply Chain Management
  • Institution
  • Supply Chain Management

Test bank For Supply Chain Management 6th Edition by Bowersox

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  • August 12, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • supply chain management
  • Supply Chain Management
  • Supply Chain Management
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AllLegitExams
Test bank For Supply Chain
Management 6th Edition by Bowersox

Supply Chain - ANSconsists of all parties involved, directly or indirectly, in the procurement of a
product or raw material

Supply Chain Management (SCM) - ANSinvolves the management of information flows between
and among stages in a supply chain to maximize total supply chain effectiveness and
profitability

Operations Management - ANSForecasting, Capacity Planning, Scheduling, Maintaining
inventory, assuring quality, and motivating and training

Factors that add Value by OM decisions - ANSCost, Quality, Delivery, Flexiility, and Service

Three Main Links of Supply Chain - ANS1. Materials flow
2. Transformation of materials into products
3. Distribution

"Classic" Supply Chain - ANSSuppliers => Manufacturer => Wholesalers/Distributors =>
Retailers => Customers

Five Basic Supply Chain Management Components - ANS1. Plan 2. Source 3. Make 4. Deliver
5. Return

Plan - ANSstrategic portion of supply chain management

Source - ANScompanies carefully choose reliable suppliers that will deliver goods and services
required for making products

Make - ANSstep where companies manufacture their products

Deliver (Logistics) - ANSset of proceses that plans for and controls the efficient and effective
transportation and storage of suppliers to customers

Return - ANScomapnies must create a network for receiving defective and excess products and
support customers who have problems with delivered products

Supply Chain Visibility - ANSability to view all areas up and down the supply chain

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