Define scm - Study guides, Class notes & Summaries

CIS 235 Final Exam Questions With 100% Correct Answers What are the 4 phases of Customer Life Cycle? Do you know the order of the phases? - answerMarketing Customer acquisition Relationship management Loss/Churn How does CRM work along Customer Lifecycle? - answerEvery contact and transaction with the customer is recorded in the CRM database. What are the CRM components that are used for solicitation/lead tracking and relationship management? - answerLead Management Application (Market...

What is supply chain management? correct answers Firms cooperating to create value for customers What is operations management? correct answers Managing transformation processes to convert inputs into products and services What is SC&O? correct answers Supply Chain and Operations (combining supply chain and operations to serve customers) What is the difference between outsourcing and nearsourcing? correct answers Outsourcing is the process of moving production to another firm. Nearso...

CIPS D1 QuestionsQ1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procurement activities. (10 marks) Q2 (a) Outline THREE pre contract award stages of the sourcing process. (9 marks) (b) Explain FOUR advantages for an organisation of following a structured sourcing process...

CIPS D1 Questions and correct answers 2024/2025 Q1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procurement activities. (10 marks) Q2 (a) Outline THREE pre contract award stages of the sourcing process. (9 marks) (b) Explain FOUR advantages for an organisation of followi...

SCM 300 FINAL EXAM WITH A GUARANTEED PASS Business Process - Answer-Takes an input, adds value, provides an output. 3 requirements for a good process... - Answer-1. Good intentions 2. Reproducible Results 3. Measurable and Manageable Common reasons for a bad process... - Answer-1. Never was good - ambiguity, misalignment, miscommunication 2. Used to be good - market evolution, miscommunication 3. Limitations - development of poor or limited processes, lack of appropriate tools St...

SCMN 3150 Final Exam Questions and Answers Already Passed What types of knowledge and benefits should supply chain information technology provide to users? Managing and reducing materials cost, improving customer service, improving manufacturing efficiency, optimizing overall internal supply chain costs, reducing supply chain risk What is the role of a decision support system? How do execution systems help a supply chain? a. Help decision makers utilize data and models to identify a...

SCM 300 DAVILA ASU FINAL Exam Questions With Verified And Updated Solutions. Business Process - answer-a documented series of activities -effectively and efficiently take an input, add value to it, and provide an output to an internal or external customer -help create high quality outputs on a very consistent basis (like a recipe) -a step-by-step explanation that considers and answers every questions before it is asked -mini supply chain within an organization, tiny cells in the bones B...

RMT MCQ Exam Questions And Answers (Verified And Updated) Contains rules about advertising - answermassage therapy act, policy statements why may a member undergo peer assessment - answerthey did not complete required credits Define: standards of practice - answer- statements of enforceable guidelines for professional misconduct - guiding principals by organization members conduct their daily responsibilities within the scope of practice Max number of people on counsil - answer9 Lietena...

Which supply chain technology capability captures customer requirements, prioritizes them, and recommend alternatives to ensure product velocity aligns with customer needs. a. Optimization b. Speed to market c. Adaptability d. Differentiation correct answers Speed to market From a differentiation standpoint, technology can help an organization define supplier and customer segments, understand the cost to serve them, and prioritize service execution so that critical groups receive appro...

scm exam 1 questions with complete solutions 2024/2025 Quality - ANSWERSfitness for use as designed to be used Importance of demming point on training and organization - ANSWERScompanies have to continually work to improve the training and education of the employees which in turn makes the organization a better place ISO 9000 - ANSWERSthis is the internationally accepted standard for quality management systems Cause and effect purpose - ANSWERSfind the cause of a problem and fix it...