Vendor managed inventory Study guides, Class notes & Summaries

SAP Certification Practice Exam 241 Questions with Verified Answers Which of the following control parameters determines the scope of the MRP run in SAP S/4HANA? - Processing key - Purchase requisition - Planned order - Planning mode - Schedule line - CORRECT ANSWER - Processing key What is the highest organizational unit in warehouse management? - Warehouse number - Storage selection - Storage bin - Storage type - CORRECT ANSWER - Warehouse number What happens when we post...

Radio frequency identification (RFID) - Answer New approaches to distribution and inventory managements. Vendor Managed Inventory - Answer Mostly in private sector, where vendor manages inventory. Electronic signatures - Answer Digital signatures that permit sending authentic electronic documents. Uses a complex mathematical formula to calculate and attach a certificate to the message that verifies the signers identity. Joint use ventures - Answer Agreement between various governmental ...

CIPS L4M2Re-buy - correct answer It is not necessary to specify a new specification or to source the market. Call-off or framework agreement. A preferred supplier is in place Modified Buy - correct answer Review of existing contract requirements and making any necessary amendments such as to build additional benefits, streamline the business or to establish new KPIs/SLAs. Where some of the specification or requirements have changed. New Buy - correct answer A new purchase outlines requi...

bullwhip effect - ️️a distribution channel phenomenon in which forecasts yield supply chain inefficiencies. It refers to increasing swings in inventory in response to shifts in customer demand as you move further up the supply chain vendor managed inventory - ️️A means of optimizing Supply Chain performance in which the manufacturer is responsible for maintaining the distributor's inventory levels. The manufacturer has access to the distributor's inventory data and is responsible fo...

SAP Certification Exam 353 Questions with Verified Answers All marketing documents have tabs for Contents, Logistics, Accounting, and Attachments (T/F) - CORRECT ANSWER True What is an easy way to assign a standard role based cockpit to a user? a. Use the Form Settings window to choose the Authorization Group b. Assign an Authorization Group to a User in the Users-Setup Window c. Select the Authorization Group in the Widget Gallery - CORRECT ANSWER b. Assign an Authorization Gro...

CUL 129 CHAPTER 3 Latest 2023 Graded A+ Buyer's Club A retail organization in which, after payment of a member fee, person's can purchase food and other products in large volume package sizes Close Out A strategy used by vendors or manufacturers to quickly sell unwanted inventory by reducing prices Cost Per Servable Pound The cost of one pound of product that can be served to customers Just In Time Purchasing A system in which a purchaser has a long-term commitment with a vendor to make fre...

Outsourcing - Transferring a firm's activities that have traditionally been internal to external suppliers Vendor-managed inventory - a system in which a supplier maintains material for the buyer, often delivering directly to the buyer's using department. Postponement - Delaying any modifications or customization to a product as long as possible in the production process. The concept is to minimize internal variety while maximizing external variety. Blanket order - A long-term purchase c...

CPPA Module 3 Exam 182 Questions with Verified Answers Prior to nineties, what two regulations dictated property management industry? - CORRECT ANSWER 1. Federal Acquisition Regulation (FAR) part 45 "Government Property" 2. Federal Property Management Regulations (FPMR), for non-federal employees In NPMA, what is meant by "property"? - CORRECT ANSWER Government property What is the goal of the American National Standards Institute (ANSI)? - CORRECT ANSWER To enhance both the glob...

PTCB EXAM TEST BANK QUESTIONS AND ANSWERS LATEST . Which organ can be affected by a condition of flutter? A. Esophagus B. Heart C. Intestine PTCB EXAM TEST BANK QUESTIONS AND ANSWERS LATEST WITH RATIONALE D. Kidneys {{Correct Ans- B. Heart Rationale: A flutter is a type of arrhythmia in which the patient's heart is beating at 200 to 350 beats/min. Which answer best describes the information required during the sale of an "exempt narcotic"? A. Dispensing date, printed name, signatur...

OPMA 317 Final Latest 2023 Already Passed What caused people to **** up in the beer game bullwhip effect Bullwhip Effect Information (orders) going back through the supply chain is distorted and then amplified How does a long lead time affect decision making panic - when inventory does not instantly arrive and solve your growing backlog, you panic and order even more What are the business implications of the supply chain structure? (5) Stock outs at times Excess inventory at times Overtime c...