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SCM 300 Exam 1 Modules 1-4 (Davila) Questions With Answers Graded A+ Assured Success $8.39
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SCM 300 Exam 1 Modules 1-4 (Davila) Questions With Answers Graded A+ Assured Success
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Taking over the role of your supplier. Example: We're not going to buy bread for our sandwiches, we'll make the bread ourselves from now on. - ️️Backward Integration Anticipation Inventory - ️️Used to absorb uneven rates of demand or supply perhaps caused by seasonal demand, holidays, qu...

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  • November 12, 2024
  • 12
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • scm 300 modules 1 4 davila

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  • SCM 300
  • SCM 300

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SCM 300 Exam 1 Modules 1-4 (Davila)
Taking over the role of your supplier. Example: We're not going to buy bread for our
sandwiches, we'll make the bread ourselves from now on. - ✔️✔️Backward Integration

Anticipation Inventory - ✔️✔️Used to absorb uneven rates of demand or supply
perhaps caused by seasonal demand, holidays, quantity discounts, economic
production runs
EX: Snowblowers

Taking over the role of companies closer to the customer. Example: We will no longer
sell Coca-Cola through our distributors, from now on, we'll only sell Coke out of Coca-
Cola stores. - ✔️✔️Forward Integration


Supply Chain Management - ✔️✔️the management of the chain of supplies

buy it -> make it -> move it -> sell it -> service it - ✔️✔️SCM Flows/Strategy

1. cost
2. quality
3. speed/time
4. flexibility - ✔️✔️Competitive Priorities

value (what i get/price) - ✔️✔️customers perspective

productivity (what i make/cost) - ✔️✔️organization perspective

1. Procurement
2. Operations
3. Logistics - ✔️✔️SCM Key Components

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

Logistics (move it) - ✔️✔️developing the transportation itinerary and finding reliable
transportation and storage partners, to be able to navigate the flow of materials to the
final destination

, purchasing -> production -> distribution -> retail sales - ✔️✔️The Supply Chain

The efficient integration of the Supply Chain - ✔️✔️SCM Def

satisfy the customer, satisfy the company, consider the future - ✔️✔️Successful SC
Manager

sustainable long term profits and maimize ROI - ✔️✔️Corporation Goals

Reverse Logistics - ✔️✔️reuse of production and materials

1st Tier Suppliers - ✔️✔️a company's direct supplier. A firm that directly provides
goods and/ or services to a company

2nd Tier Suppliers - ✔️✔️a firm provides goods and/ or services to a company's first-
tier supplier

Downstream - ✔️✔️direction in which products flow towards an end consumer.
Direction is the right.
Storage and consolidation/sorting
picking and packing, labeling

Upstream - ✔️✔️direction from customers to suppliers. Direction is the left
central return center AKA reverse logistics activities

Business model - ✔️✔️planning to purchase, transform, deliver, and sell products with
intent on making a profit

Supply Chain Visibility - ✔️✔️ability to see what is happening with inventory up and
down a supply chain

Profit - ✔️✔️Formula: profit = revenue - cost. If supply chain creates a damaged
product no one will buy it for a premium price, that's why it's important for the supply
chain to deliver the best products

ROI - ✔️✔️Formula: total profit/ total invest money. Return on investment- an economic
measure that helps evaluate the return of money. Scenario 1: 10/1,000 = 0.01 Scenario
2: 10/1 = 10 (good investment).

total profit/ total invest money - ✔️✔️ROI Formula

profit= revenue - cost - ✔️✔️Profits Formula

Delivery time - ✔️✔️from order placement to order fulfillment

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