Goal of scm - Study guides, Class notes & Summaries

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...

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...

Supply Chain Management Rutgers Ch1 Questions and Answers Already Passed what is supply chain management? the coordination of a network of independent organization all involved in creating a desired product or service, an moving it from suppliers out to customers,when and where they want it Supply chain management Delivers value by managing the processes of all those otherwise independent trading partners so that they collaborate with one another Goal of Supply Chain Management Incr...

SCM 300 DAVILA ASU FINAL Exam Tested Questions & Revised Corrrect Answers >Updated < Already Passed!!< Business Process - ANSWER : -a documented series of activities -effectively and efficiently take an input, add value to it, and provide an output to an internal or external customer -help create high quality outputs on a very consistent basis (like a recipe) -a step-by-step explanation that considers and answers every questions before it is asked -mini supply chain withi...

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...

SCM definition correct answers resources capabilities strategic SCM includes everything except correct answers productions scheduling Which is not a reason to manufacture in house correct answers insufficient capacity When would you use an external supplier correct answers better cost of control Tc manufacturing correct answers tc=fc + (vc * q) outsourcing correct answers tc= p*q Breakeven correct answers q= fc/(p-vc) total cost of ownership analysis correct answers extends ...

Logistics Management - ANSWERis the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements Supply Chain Management - ANSWERthe management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply chain as a whole C...

SCM 300 Davilla Exam 3 ASU THINGS WE TALKED ABOUT IN CLASS - - pizza - cow path - silicon wafers - ticket broker - your resume (little stories) - "don't be a jerk" - real estate, show them what is available - Health, physician's advice - GPA, he doesn't like it - Basketball - how should we create grades - anesthesiology - motorola six sigma - whirlpool it upgrade Business Process - - any activity that takes an input, adds value, and provides an output - a cell of t...

SCM 300 FINAL DAVILA ASU Arizona State University - Questions with complete solution Project - correct answer A unique undertaking in which resources are organized to achieve an end goal or outcome. 4 steps in project management - correct answer 1) Define the project 2) Establish Project Priorities- project managers require high quality outcomes Projects that result in Outstanding performance Projects completed quickly Projects completed with minimal resources 3) Work Breakdown St...

Logistics Management - ANSWERis the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements Supply Chain Management - ANSWERthe management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply chain as a whole C...