Objective of scm - Study guides, Class notes & Summaries

WGU C215 Operations Management -Objective Assessment Prep Guide & Terminologies Combo Study Guide with 100% Complete Solutions 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality - Answer- Total Quality Management (TQM) Philosophy Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of...

UARK Supply Chain Management Final 2024 Exam!!

An intelligent agent is also referred to as a bot. - True __________ is used by organizations to determine patterns in customers' usage data. - Web Usage Mining Social bookmarking allows users to share internet bookmarks and to create categorization systems. These categorization systems are referred to as __________ - Folksonomies / Folksonomy CRM allows organizations to focus on driving revenue as well as on reducing costs as opposed to emphasizing only cost cutting. - True Which of the...

SCM 470 Business Strategy Already Rated A+ Corporate Strategy an overarching strategy of a firm Business Strategy the aggregated strategies of a single single or strategic business unit Functional Strategy includes marketing, new product development, human resources, finance, legal, operations, supply chain, IT, etc. emphasis on short and medium term plans and is limited to the domain of each departments functional responsibility must link with the business strategy through underst...

Operations Management Cycle Plan - Capacity Planning, Strategic Plan Do - Supply Chain Management, Forecasting Check - Quality Management, Scheduling Act - Customer Service, Facility Planning Operations Management Multidisciplinary science that organization use to acquire inputs (such as people, capital, material or energy) and transform them into outputs (products or services) that ultimately provide value to the end customer. Brainpower Read More Previous Play Next Rewind...

SCM 310 Exam 1 Review Questions and answers, rated A+ what is a system? - --group of items, events, and actions that are interdependent -ex: going to class, reading assignments, doing homework, passing exams, passing this class -ex: practice, analyzing practices, watching game films, adjusting game plan, winning games why do companies exist? - --book: "exist to meet the needs of society" -people go into business to make a profit -people go into business to put the competition out of bu...

Big Data Exam 1 Questions With Verified Answers What is Big Data? - answer-A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications (Hadoop) -A buzzword/catch-phrase used to describe a massive volume of both structured and unstructured data How many bytes of data are produced yearly? (IBM) - answer2.5 Quintillion Why is Big Data important? (MT/IBM Study) - answer-Top-performing ...

Big Data Exam 1 Questions With Verified Answers What is Big Data? - answer-A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications (Hadoop) -A buzzword/catch-phrase used to describe a massive volume of both structured and unstructured data How many bytes of data are produced yearly? (IBM) - answer2.5 Quintillion Why is Big Data important? (MT/IBM Study) - answer-Top-performing ...

BUAD 331 UTK FINAL EXAM QUESTIONS AND ANSWERS LATEST UPDATE 2024/2025 | 100% SOLVED. . In class we discussed amazons recent acquisition of whole foods. The strategy that seems the most plausible for amazon is: Focus on creating supply chains that deliver the specific form, time and place utility that each customer segment is looking for, at a price that each segment is willing to pay - ANSWER 3. Two kinds of customers walk into grizzly fly fishing shop: college freshman taking a first time ...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...