Primary processes of scm - Study guides, Class notes & Summaries

What is Supply Chain Management? - Answer- the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) - Answer- It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: - Answer- requires delivering more value...

Operations and Supply Chain Management Midterm Exam (2024) || All Questions & Answers (Graded A+) Operations and Supply Chain Management Midterm Exam (2024) || All Questions & Answers (Graded A+) Operations and supply chain management involves specialist in: - ANSWER - -product design -purchasing -manufacturing -service operations -logistics -distribution Success of Operations and SCM depends on - ANSWER - -Operations related strats -processes to deliver products and services -ana...

SCMN 3150 Test 1 Questions and Answers 100% Pass What is SCM and why is it important? SCM is the "art" of managing the flow of materials and products, information and money from source to user, and it is important because it is the source of customer satisfaction, cost reductions, and revenue increases Who are the key participants in the supply chain? suppliers, manufacturers, distributors, retailers, and consumers What are the primary processes of the supply chain? planning, pr...

What is Supply Chain Management? - Answer-the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) - Answer-It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: - Answer-requires delivering more value and...

UTK: BUAD 331 Exam 1 Complete (answers updated fall 2022/23.) ____________ the chain facilitates better strategic alignment between supply chain operations. A. Breaking B. Sharing C. Bending D. Spreading A firm is a recognized cost leader but has a strategic goal to become a cost and service leader. What is one initiative that could be planned and implemented to achieve this goal? A.Increase sales calls to all existing customers. B.Increase capacity utilization to gain economies of ...

SCM 352 Exam 1 Questions & Answers 2024/2025 Operations and Supply Chain Management - ANSWERSThe design, operation, and improvement of the systems that create and deliver the firm's primary products and services. Operations - ANSWERSManufacturing and service processes that are used to transform the resources employed by a firm into products desired by a customer. Supply Chain - ANSWERSThe processes that move information and material to and from the manufacturing and service process...

what is made by fused spinous processes of S1-S3 : median sacral crest Kyphosis and Lordosis take place in which region? : K-Thoracic curvature ; L-Lumbar curvature What passes through the transverse foramen of a cervical vertebra? : vertebral arteries What passes through vertebral foramen? : Spinal cord What passes through the intervertebral foramen? : Spinal Nerve The primary curvatures of the vertebral column are what? : Thoracic and Sacral/Pelvic The secondary curvatures of the v...

What is Supply Chain Management? Correct Answer the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) Correct Answer It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competitive advantage: Correct Answer requires delive...

What is SCM and why is it important? : SCM is the "art" of managing the flow of materials and products, information and money from source to user, and it is important because it is the source of customer satisfaction, cost reductions, and revenue increases Who are the key participants in the supply chain? : suppliers, manufacturers, distributors, retailers, and consumers What are the primary processes of the supply chain? : planning, procurement, production, and customer interference ...

WGU IT Project Management Study Guide 2-2 Questions with Answers Study Guide Practice Quiz MSITM 1. What is P more of a representative of as a business model? Consumer-to-Business (C2B) 2. What is an example of "CIO theory of reciprocity"? If we had a real-time inventory management system, we could increase revenue by $10 million. 3. If an organization were to have only one e-policy, that is the starting point and the umbrella for any other policies the organization might establish...