Scm300 - Study guides, Class notes & Summaries

SCM300 Exam 1 (Spring 2024)latest update already passed

SCM300 Exam 1 Questions with Correct Answers E-procurement system - Answer-Electronic procurement system that can aid in submitting requests for materials, making material order, negotiation w/ supplier, tracking shipments, and receiving shipments. Centralized vs. Decentralized purchasing - Answer--Centralized Purchasing: all corporate employees send material requisitions to a sing purchasing department. The centralized department is responsible for all purchasing decisions, including suppl...

SCM300 Exam 1, SCM 300 Exam 1 Study Guide CORRECT!!

SCM300: Exam 1 Questions With Complete Solutions Supply Chain Management (SCM) ️️the effective and efficient integration of the suppliers, manufacturers, transportation organizations as well as the other parties responsible for collectively bringing products and services to market. Procurement ️️branch of an organization responsible for acquiring materials, equipment, products and services. (Purchasing) Operations ️️responsible for making business processes effective and e...

SCM300: Exam 1 Questions With Verified And Updated Solutions. Supply Chain Management (SCM) - answerthe effective and efficient integration of the suppliers, manufacturers, transportation organizations as well as the other parties responsible for collectively bringing products and services to market. Procurement - answerbranch of an organization responsible for acquiring materials, equipment, products and services. (Purchasing) Operations - answerresponsible for making business processes ...

SCM300: Exam 1 Practice Questions and Answers (Verified) 100% Pas

Competitive priorities Ans: 1. cost 2. quality 3. speed/time 4. flexibility Value Ans: what i get/price Productivity Ans: what i make/cost SCM key components Ans: 1. Procurement 2. Operations 3. Logistics Procurement Ans: Buy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations Operations Ans: Make it: makes business processes effective and efficient. They help the organization create high quality products/ services using the fe...

Cost Ans: Materials, Energy, Wages, Transportation, Rent Quality Ans: Design, Reliability, Consistency, Materials, Fabrics Speed Ans: Delivery, On-Time, Innovation Time Flexibility Ans: Customization, Size of Order, Design Competitive Priorities Ans: Cost, Quality, Speed, Flexibility Productivity: Ans: The ratio of outputs [What did I make?] to inputs [What was the cost?]. (Organizational Perspective) Value: Ans: The ratio of "output purchased" divided by "inputs used to purcha...