What does scm involve - Study guides, Class notes & Summaries

SCMN 3150 TEST 1 LATEST VERSION GRADED A+ SCM in 4 Words 1.) Plan 2.) Source 3.) Make 4.) Deliver What is SCM? -The "art" of managing the flow of materials and products, information, and financial resources from the source to user • Suppliers → Manufacturers → Distributors → Retailers → Consumers • Not a science because consumers don't always act rationally Who is the most important participant in the Supply Chain? -Consumer • If there is no demand from the cu...

SCMN 2150 Test 1 Questions and Answers Already Passed what is scm The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? the consumer What does SCM involve? all the activities that take place to get a product in your hands - from the time of raw materials extract...

What is SCM and why is it important? correct answers art of managing the flow of materials, products, information, & financial resources from source to user important to maintain & improve the efficiency of a company BETTER, FASTER, CHEAPER and provides valuable opportunities to create competitive advantage (main driving force of SCM) Who are the key participants in SCM? correct answers Suppliers, manufacturers, distributors, retailers, consumers What are the primary processes of SCM...

SCM in 4 Words : 1.) Plan 2.) Source 3.) Make 4.) Deliver What is SCM? : -The "art" of managing the flow of materials and products, information, and financial resources from the source to user • Suppliers → Manufacturers → Distributors → Retailers → Consumers • Not a science because consumers don't always act rationally Who is the most important participant in the Supply Chain? : -Consumer • If there is no demand from the customer, why would a product move through t...

what is scm - Answer-The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - Answer-suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - Answer-the consumer What does SCM involve? - Answer-all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pul...

what is scm : The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? : suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? : the consumer What does SCM involve? : all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pull out your credit card and...

what is scm - Answer-The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - Answer-suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - Answer-the consumer What does SCM involve? - Answer-all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pull ou...

What is scm Correct Answer The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? Correct Answer suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in The supply chain? Correct Answer the consumer What does SCM involve? Correct Answer all the activities that take place to get a product in your hands - from the time of raw materials extracti...

SCMN 2150 Test 1 Questions & Answers what is scm - ANS-The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - ANS-suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - ANS-the consumer What does SCM involve? - ANS-all the activities that take place to get a product in your hands - from the time of raw materials extracti...

what is scm - correct answer The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - correct answer suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - correct answer the consumer What does SCM involve? - correct answer all the activities that take place to get a product in your hands - from the time of raw materials ...