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SCM 303 exam 3 MSU Questions and Correct Answers the Latest Update
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SCM 303 exam 3 MSU Questions and Correct Answers the Latest Update
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SCM 303 exam 3 MSU Questions and
Correct Answers the Latest Update
Logistics
✓ Planning, implementing, & controlling the efficient, effective flow & storage of goods,
services, & related information from point of origin to point of consumption
7 "Rights" of Logistics
✓ Right Product
✓ Right Customer
✓ Right Time
✓ Right Place
✓ Right condition
✓ Right Quantity
✓ Right Cost
Order Fulfillment
✓ all the activities from the time of a sales inquiry until the order is delivered to the
customer
✓
✓ Processing
✓ preparing
✓ shipping customer orders
Product availability
✓ items are available when & where desired by the customer
Stockouts
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, #Examify | #OnlineExams | #TestPrep | #StudyResources | #AcademicSuccess |
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✓ items are unavailable when and where desired by the customer
Item fill rate
✓ % of ordered items delivered
Line Fill Rate
✓ % of order lines filled in total
Order fill rate
✓ Orders shipped complete
Order Cycle
✓ Time between recognition of need until the product is delivered & ready for use
Transportation
✓ the actual, physical movement of goods between two points
✓
✓ Air
✓ Truck
✓ Pipeline
✓ Rail
✓ Water
Transportation Infrastructure
✓ the durable physical assets required to facilitate transportation
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