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SCM 300 Exam 1 Davila 2024 QUESTIONS & ANSWERS
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SCM 300 Exam 1 Davila 2024 QUESTIONS & ANSWERS
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10/5/24, 6:04 PMSCM 300 Exam 1 Davila
Jeremiah
Terms in this set (44)
Efficient integration of:
-Suppliers and manufacturers
Supply chain management- -transporters, distribution centers, warehouses
-Retailers and all other parties associated tasked with the successful devivery of final
product/service
-Sustain Long-term profits
Primary goals of Corporation -Maximize Return on Investment (ROI)
How to do it? make money, avoid waste
Revenue - Cost
Profit formula (SC costs: materials, labor, energy, transportation, packaging, storage, defects,
insurance)
ROI formula Profit / Investment
What do I get (Quantity, quality)
------------------------------------
Aspects, formula of Value (customer
What is the price? (money, time)
perspective)
-Trust, quality, way company presents self
What did I make? (Outputs)
-------------------------------
Aspects, formula of Productivity
What was the cost (Inputs)
(Organizational Perspective)
-Dont want to waste things.
1. Cost
2. Quality
The 4 Competitive Priorities
3. Speed/time
4. Flexibility
-Material Cost
-Production Cost
-Packaging
Aspects of COST (competitive priorities)
-Quality Costs (returns repairs)
-Customer service cost
-Other (marketing, finance, waste disposal, rent, insurance, legal etc)
-Design Quality
-Material and production quality
Aspects of QUALITY (competitive
-Quality level delivered (how it looks when delivered)
priorities)
-Consistent quality (builds trust)
-Service quality (sales, support, repairs)
1/4
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