1st tier suppliers - Study guides, Class notes & Summaries

SCM test 1: Questions and answers, graded A+ WHY SUPPLY CHAIN MANAGEMENT? - -Increased Complexity of Products (diversity) Increased Competition competing for Market Increased Complexity of Supply Chain Network Increased Innovation in Products Benefit of Best in Class Time to Market Globalization Supply Chain Mgmt controls 90% of COGS SUPPLY CHAIN TIERS - -3rd Tier Customer 2nd Tier Customer- However, with time and successful initial results, many firms are extending the boundaries of...

Taking over the role of your supplier. Example: We're not going to buy bread for our sandwiches, we'll make the bread ourselves from now on. - ️️Backward Integration Anticipation Inventory - ️️Used to absorb uneven rates of demand or supply perhaps caused by seasonal demand, holidays, quantity discounts, economic production runs EX: Snowblowers Taking over the role of companies closer to the customer. Example: We will no longer sell Coca-Cola through our distributors, from n...

SCM Ans: Integration of suppliers, manufacturers, transportation organizers, and other parties to bring supplies to market Procurement Ans: Purchasing Branch that gets materials, equiptment, p&s Find best value Negotiate terms Develop long term relationships Operations Ans: Branch that makes business processes effective & efficient Logistics Ans: Branch that develops transportation itinerary& storage partners Downstream: towards consumer Upstream: Away from consumer Strong relati...

SCM 300 Davilla ASU Exam 1 Study Guide With Accurate Solutions. Supply Chain Management (SCM) - answerintegration of suppliers, manufacturers, transportation as well as other parties to collectively bring products to market Procurement - answerPurchases inputs such as raw materials, resources, equipment, and supplies Operations - answerBranch responsible for making business processes more efficient, trying to make high-quality products or services with fewest possible resources Logistics...

SCM 300 Exam 1 Study Guide DAVILA ASU SCM 300 Arizona State University - Questions with complete solution Supply Chain Management (SCM) - correct answer The management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and profitability procurement - correct answer Purchases inputs such as raw materials, resources, equipment, and supplies Operations - correct answer Transforms raw materials or inputs into goods and servi...

SCM 300 Test 1 ASU Study Guide. SCM - answerIntegration of suppliers, manufacturers, transportation organizers, and other parties to bring supplies to market Procurement - answerPurchasing Branch that gets materials, equiptment, p&s Find best value Negotiate terms Develop long term relationships Operations - answerBranch that makes business processes effective & efficient Logistics - answerBranch that develops transportation itinerary& storage partners Downstream: towards consumer Ups...

SCM 300 Exam 3 Davilla Study Guide With Verified And Updated Solutions. Competitive priorities - answer1. cost 2. quality 3. speed/time 4. flexibility Value - answerwhat i get/price Productivity - answerwhat i make/cost SCM key components - answer1. Procurement 2. Operations 3. Logistics Procurement - answerBuy it: process of obtaining services, supplies, and equipment in conformance with corporate regulations Operations - answerMake it: makes business processes effective and effici...

SCM 300 Davila ASU Exam Study Guide With Verified And Updated Solutions. Cost - answerMaterials, Energy, Wages, Transportation, Rent Quality - answerDesign, Reliability, Consistency, Materials, Fabrics Speed - answerDelivery, On-Time, Innovation Time Flexibility - answerCustomization, Size of Order, Design Competitive Priorities - answerCost, Quality, Speed, Flexibility Productivity: - answerThe ratio of outputs [What did I make?] to inputs [What was the cost?]. (Organizational Perspecti...

SCM 300 EXAM 1 MODULES 1-4 (DAVILA) LATEST| 2024 Supply Chain Management the management of the chain of supplies buy it -> make it -> move it -> sell it -> service it SCM Flows/Strategy 1. cost 2. quality 3. speed/time 4. flexibility Competitive Priorities value (what i get/price) customers perspective productivity (what i make/cost) organization perspective 1. Procurement 2. Operations 3. Logistics SCM Key Components Procurement (buy it) process of obtain...

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 ...