Scm definition Guías de estudio, Notas de estudios & Resúmenes

POWER POINTS Correct Answer 1. What is a Process 2. Acronyms 3. Measurements 4. Quality and TQM 5. Problem Statements 6. Matrix Diagrams 1. PROCESS Correct Answer Dictionary: A series of actions or steps taken in order to achieve a particular end. (don't realize it) (EX: morning routine) Process Definition Correct Answer Process Model: A process is a series of steps and decisions involved in the way work is completed. We may not realize it, but processes are everywhere a...

Unit 1 – Basic Concepts & Goal of Logistics Logistics & the Supply Chain SU 1 pg. 2; par. 1.2 & TB Ch. 1 pg.4,7 Supply chain management [SCM] definitions:  "Firms collaborating to leverage strategic positioning & improve operating efficiency"Bowersox, Closs, Copper (2013:4)  "Encompasses planning & management of all activities involved in sourcing & procurement, conversion, all logistics management activities, coordination & collaboration with channel partners (i.e. suppliers / ...

Unit 1 – Basic Concepts & Goal of Logistics Logistics & the Supply Chain SU 1 pg. 2; par. 1.2 & TB Ch. 1 pg.4,7 Supply chain management [SCM] definitions:  "Firms collaborating to leverage strategic positioning & improve operating efficiency" Bowersox, Closs, Copper (2013:4)  "Encompasses planning & management of all activities involved in sourcing & procurement, conversion, all logistics management activities, coordination & collaboration with channel partners (i.e. suppliers / ...

BUAD 331 Final Exam Questions And Answers (Verified And Updated) The best starting point to improve profitability - answerdetermining the service levels different customers desire and are willing to pay for Total Cost of Ownership - answera financial estimate intended to help buyers and owners determine the direct and indirect costs (true costs) of a product or system; takes into account maintenance, disposal, returns managements, training etc. Strategic Profit Model demonstrates the foll...

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 ...

OSCM Questions with complete solution OSCM what is the acronym OSCM? - correct answer Operations Supply Chain Management Definition of Supply Chain management? - correct answer The management of an organizations productive processes and resources 4 ways any enterprise competes. one is quality - correct answer quality cost customer service flexibility Who knows the job better than anyone? - correct answer person doing the job achievement of ____________, survival, and _______...

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 ...

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...

lue received, bias toward heavy use of cost metrics, focus on internal definitions of customer service "red flags" that signal a mismatch between supply and demand - answerfocus on the reduction of per unit SCM definition - answerthe systematic coordination of purchasing, manufacturing management, and distribution upstream with suppliers and downstream to customers Traditional cost accounting procedures allocate costs to customers based upon: - answerthe percent of total sales represen...

CIPS Level 4 Module 1 |215 Questions and Answers(A+ Solution guide) The Purchasing process Definition of Procurement & Supply Direct Costs Indirect Costs Kraljic Matrix CAPEX is OPEX CAPEX Name the 13 stages of the procurement cycle Scope of Procurement Porters Value Chain Action points for CAPEX purchasing 5 rights of procurement Right Quality Right Quantity Right Place Right Time Right Price Life Cycle cost (LLC) Total Cost of Ownership (TCO) TCO Acquisition costs TCO Ope...