Exam (elaborations)
SCM300 Exam 1 (Spring 2024)latest update already passed
- Course
- Institution
SCM300 Exam 1 (Spring 2024)latest update already passed
[Show more]
Content preview
SCM300 Exam 1 (Spring 2024)Supply Chain Management (SCM)
The Efficient Integration of all parties associated with the
successful delivery of the final product and/or service.
USING THE FOLLOWING NETWORK
Suppliers, Manufacturers , Transporters
Distribution Centers, Warehouses, Retailers, etc.
Procurement
branch of an organization responsible for acquiring materials, equipment, products and services.
(Purchasing)
Examples of duties:
•Supplier selection
•Purchasing negotiations
•Managing supplier relationships – Motivation, Development
,•Materials/Inventory management
Operations
Responsible for making business processes EFFECTIVE and EFFCIENT that transforms INPUTS into
FINISHED GOODS and SERVICES.
Examples of duties:
•Process management, Plant management
•Capacity planning – resources, speed (How much, how fast?)
•Scheduling jobs/people
•Waiting line management
•Process improvement projects
Logistics
The COORDINATED Planning and Execution of the following:
,–Preparation of Packaged Product
–Movement Itinerary (Transport)
–Storage Itinerary (Warehousing)
–Product Distribution throughout the Supply Chain – Who gets what? When? How?
ORIGIN -----> To the FINAL DESTINATION
Examples of duties:
• Distribution/Warehousing, Infrastructure Mgmt.
• Packaging, containerization, transportation, documentation
• Third party management and communication
Reverse Logistics
management of products that flow backwards in the supply chain (upstream), away from the consumer
and back in the direction of manufacturers
Products/Services
Cost, Quality, Speed, Flexibility
, (Sales, Support, Returns)
Waste
Non-Valuable Outputs
Defects
Garbage, Emissions
Resource Waste
Global SCM
suppliers, manufacturers, transportation companies, warehouse and distribution centers, retailers, and
other supply chain partners span across multiple countries and/or continents.
1st, 2nd and 3rd Tier Suppliers
Tier 1 Suppliers are your direct suppliers.
Tier 2 suppliers are your suppliers' suppliers or companies that subcontract to your direct suppliers.
Tier 3 suppliers are the suppliers or subcontractors of your tier 2 suppliers.
Upstream vs. Downstream
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 BravelRadon. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $19.99. You're not tied to anything after your purchase.
Can Stuvia be trusted?
4.6 stars on Google & Trustpilot (+1000 reviews)
77254 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now