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SCM 300 Exam 1 Davila asu 2024 QUESTIONS & ANSWERS.
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SCM 300 Exam 1 Davila asu 2024 QUESTIONS & ANSWERS.
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10/5/24, 6:05 PMJeremiah
SCM 300 Exam 1 Davila asu
Terms in this set (177)
The effective and efficient integration of the suppliers, manufacturers, transportation
Supply Chain Management organizations and the other parties responsible for collectively bringing final
products and services
· Branch responsible for obtaining materials, equipment, products, and services with
organizational regulations.
procurement · Consists of finding suppliers, choosing the supplier that offers the best value,
negotiating terms of the purchase, placing orders, and developing long-term
relationships with suppliers
· Branch responsible for developing the transportation itinerary and finding the
appropriate transportation and storage partners to successfully navigate the flow of
logistics materials from the point of origin to the final destination
· Logistics managers find trucking companies, package the item, find distributors,
organize documentation, rent standardized containers
· Branch responsible for making business processes effective and efficient. In
operations essence, operations seek to help the organization create high quality products
and/or services using the fewest resources possible.
Oversee design, operations, and improvement of production
· Companies want to make these items quickly, with as few workers and machines as
operations-what they do
possible, using the least amount of energy, cheapest real estate, and right before the
customer needs them.
· Flow backward in the supply chain, away from the consumer and back in the
direction of manufacturers (upstream)
reverse logistics
· Important segment of the logistics branch. Reminder of how important it is to be
accurate.
· When suppliers, manufacturers, transportation companies, warehouse and
Global Supply Chain distribution centers, retailers, and other supply chain partners span across multiple
countries and/or continents, those are considered global supply chains.
advantages of global SCM proximity, labor costs, etc.
challenges of global SCM distance, culture, laws, time zones, etc.
SCM 300 Exam 1 Davila asu
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, 10/5/24, 6:05 PM
· A company's direct suppliers
1st Tier Supplier
· A firm that directly provides goods and/or services to a company (left)
· Firm that provides goods and/or services to a company's first-tier supplier (right)
2nd tier suppliers
· Weak 2nd tier suppliers creates problems for 1st tier supplier
downstream supply chain · Direction that points toward the end consumer (right)
include: delivering goods from a manufacturer to a distributer, suppliers working to
Downstream activities get parts prepared in time for manufacturers, distributors developing relationships
with retailers so they can better understand the retailer's supply chain needs
Upstream Supply Chain · Direction that points toward the suppliers (left)
Executives that works in upstream supply : ensuring that empty boxes at the retail level are returned to the distributor for
chain management might be responsible reuse, developing relationships with a company's 1st tier suppliers in order to better
for communicate the needs of the present and the future
o Materials
o Money
In order for supply chains to function and
o Information
develop, three things must continuously
§ If materials stop flowing, nothing will be made
flow
§ If money stops flowing, companies can't buy things
§ If info stops flowing, poor decisions will be made
· Companies plan or purchasing items, transforming them, delivering them, and
selling them for profit
· EX: Amazon VS. Bookstore (Same company, different business model...2 obvious
differences are purchase and delivery)
business model · Things to think about are....
o Do we sell to companies or individuals?
o Online, in store, or both?
o Individual purchase or subscribe?
o Main parts or disposable parts? (Razor vs. blades)
· Ability to see what is happening with inventory upstream and downstream
supply chain visibility · EX: knowing where shipment is, how many is in shipment, and when it will arrive.
· Helpful in making good supply chain decisions
· Revenue - Cost
profit · Important supply chain costs: materials, labor, energy, transportation, packaging,
storage, defects, insurance
ROI = total profit / total investment
· Cost
· Quality
competitive priorities
· Speed
· Flexibility
· The primary advantage a company has over its competitors
· Difficult, or impossible, to replicate
core competencies · A company with a core competency has a better: product design, sole access to a
world-class supplier, a culture of happy and motivated employees that are friendly
to customers, or perhaps a well-respected brand name
· Owners, investor's, stockholders, donors
Stakeholders · Managers, employees, business partners
· Customers, victims, being served
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