Tentamen (uitwerkingen)
Chilcutt OM 300 Exam 3 With Complete Solutions
- Vak
- Instelling
Chilcutt OM 300 Exam 3 With Complete Solutions
[Meer zien]Voorbeeld 4 van de 43 pagina's
Voorbeeld 4 van de 43 pagina's
In winkelwagen
In winkelwagen
Verkoper
Volgen
Schoolflix
Ontvangen beoordelingen
Voorbeeld van de inhoud
Chilcutt OM 300 Exam 3 With CompleteSolutions
supply chain - correct answers the network of activities that deliver a product or service to the customer.
activities within the supply chain - correct answers 1. obtaining raw materials
2. transforming raw materials into basic finished goods
3. further processing of basic finished goods into customized products that are sold
supply chain echelon/tiers - correct answers -the lower the tier level, the closer the level to the customer
objective of supply chain management - correct answers build a chain of suppliers that focuses on maximizing value to the ultimate customer
Supply Chain Management - correct answers The business function that coordinates all of the network links
-coordinates movement of goods through supply chain from suppliers to manufacturers to distributors
-promotes information sharing in the supply chain, such as forecasts, sales data, & promotions The Supply Chain's Strategic Importance - correct answers supply chain management is the integration of the activities that:
-procure materials and services
-transform them into intermediate goods and final products, &
-deliver them through a distribution system
activities performed as part of supply chain management - correct
answers 1. suppliers
2. distributors
3. warehousing and inventory
4. transportation vendors
5. order fulfilment 6. credit and cash transfers
7. accounts payable and receivable 8. sharing customer, forecasting, and production information
Outsourcing - correct answers -transfers traditional internal activities and resources of a firm to outside vendors
-utilizes the efficiency that comes with specialization -firms outsource:
information technology, accounting, legal, logistics, & production
6 sourcing strategies - correct answers 1. negotiating with many suppliers
2. long-term partnering with few suppliers 3. vertical integration 4. joint ventures
5. Keiretsu 6. virtual companies that use suppliers on an as needed basis
Many Suppliers - correct answers -Commonly used for commodity products
-Purchasing is typically based on price
-Suppliers compete with one another
-Supplier is responsible for maintaining necessary levels of technology, expertise, forecasting abilities, as well as cost, quality, and delivery competencies
Few Suppliers - correct answers -Buyer forms longer term relationships with fewer suppliers
-Create value through economies of scale and learning curve improvements
-Suppliers more willing to participate in JIT programs and contribute design innovations and technological expertise
-Cost of changing suppliers is huge
Trade secrets and other alliances
Vertical Integration - correct answers -developing the ability to produce goods or services previously purchased -integration may be forward, towards the customers, or backwards, towards suppliers
-can improve cost, quality, and inventory but requires capital, managerial talent, and demand
-risky in industries with undergoing technological changes joint venture - correct answers -formal collaborations:
enhance skills, secure supply, & reduce costs
-cooperate without diluting the brand or conceding competitive advantage
Keiretsu Networks - correct answers -part collaboration, part purchasing from few suppliers, and part vertical integration
-supplier becomes part of the company coalition
-often provide financial support for suppliers through ownership or
loans
-members expect long-term relationships and provide technical expertise and stable quality production
-may extend through several tiers of the supply chain
Virtual Companies - correct answers -Rely on a variety of good, stable relationships to provide services on demand
-Exceptionally lean performance, specialized management expertise, low capital investment, flexibility, and speed
supply chain risk - correct answers -More reliance on supply chains means more risk
-customer and its suppliers are more dependent on each other as the number of suppliers used decreases -risk is compounded by globalization and logistical complexity
types of risk - correct answers Traditional Concerns:
-vender reliability
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper Schoolflix. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €13,72. Je zit daarna nergens aan vast.
Is Stuvia te vertrouwen?
4,6 sterren op Google & Trustpilot (+1000 reviews)
Afgelopen 30 dagen zijn er 81311 samenvattingen verkocht
Opgericht in 2010, al 14 jaar dé plek om samenvattingen te kopen