Exam (elaborations)
SCM 300 Module 1 (Davila)
- Course
- Institution
SCM 300 Module 1 (Davila)
[Show more]
Seller
Follow
modockochieng06
Content preview
SCM 300 Module 1 (Davila)Supply Chain Management - CORRECT ANSWER-the effective and efficient
integration of the suppliers, manufactures, transportation organizations as well as
parties responsible for collectively bringing products and services to market
Procurement - CORRECT ANSWER-the branch of an organization responsible
for acquiring materials, equipment, products, and services.
The department responsible for shopping.
Operations - CORRECT ANSWER-A branch in the supply chain responsible for
making business processes effective and efficient. They help the organization
create high quality products/ services using the fewest resources
Logistics - CORRECT ANSWER-A branch in the supply chain responsible for
developing the transportation itinerary and finding reliable transportation and
storage partners, to be able to navigate the flow of materials to the final
destination
Reverse Logistics - CORRECT ANSWER-the management of products and
packaging that flow backward in the supply chain, away from the consumer and
back in the direction of manufactures.
EX: when the customer returns a damaged product to the store.
Global SCM - CORRECT ANSWER-when suppliers, manufacturers,
transportation companies, warehouse distribution centers, retailers, and other
supply chain partners span across multiple countries/ continents
1st-tier Suppliers - CORRECT ANSWER-a company's direct supplier. A firm that
directly provides goods and/ or services to a company
2nd-tier Suppliers - CORRECT ANSWER-a firm provides goods and/ or services
to a company's first-tier supplier
Downstream - CORRECT ANSWER-It's the direction in which products flow
towards an end consumer. Direction is the right
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller modockochieng06. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $7.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
75323 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now