Scmn 2150 test 1 - Study guides, Class notes & Summaries

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...

SCMN 2150 Test 1 Questions And Answers Rated A+. 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...

SCMN 2150 Test 1 Questions And Answers Verified By An Expert What is Supply Chain Management? - ANS the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) - ANS 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 Co...

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 AUBURN

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...

SCMN 2150 Test 1 Auburn Quizzes & Ans..

SCMN 2150 TEST 1 QUESTIONS AND ANSWERS WITH SOLUTIONS 2024

SCMN 2150 Test 1 Exam Questions With 100% Correct Answers What is Supply Chain Management? - answerIncludes 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 take the final product home 7 Principles of Supply Chain Management - answer1. Segment customers based on service needs 2. Customize the logistics network 3. Drive operations from demand 4. Differentiate product closer to the...