Scm key components Study guides, Class notes & Summaries

SCM 300 Exam 1 Modules 1-4. Questions and answers. Rated A+ 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) - ...

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...

ISDS 705 Midterm Guaranteed Success sustainable competitive advantage financial performance that consistently outperforms their industry peers. Operational effectiveness performing the same tasks better than rivals perform them. fast follower problem when savvy rivals watch a pioneer's efforts, learn from their successes and missteps, then enter the market quickly with a comparable or superior product at a lower cost. strategic positioning performing different activities from those ...

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...

CIS 235 Final Exam Questions With 100% Correct Answers What are the 4 phases of Customer Life Cycle? Do you know the order of the phases? - answerMarketing Customer acquisition Relationship management Loss/Churn How does CRM work along Customer Lifecycle? - answerEvery contact and transaction with the customer is recorded in the CRM database. What are the CRM components that are used for solicitation/lead tracking and relationship management? - answerLead Management Application (Market...

Logistics Management correct answer: is 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 correct answer: the management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply cha...

ISDS 705 Midterm Exam Questions and Answers sustainable competitive advantage - Correct Answer ️️ -financial performance that consistently outperforms their industry peers. Operational effectiveness - Correct Answer ️️ -performing the same tasks better than rivals perform them. fast follower problem - Correct Answer ️️ -when savvy rivals watch a pioneer's efforts, learn from their successes and missteps, then enter the market quickly with a comparable or superior product at a...

Logistics Management is 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 the 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 Customer Value = ...

SCM 303 Exam Questions with Correct Answers True or false: The greatest improvements in product value are seldom achieved through collaborative networks formed between a firm and its partners. - Answer-False Match the components of a process given in the left column to the descriptions of the components given in the right column. - Answer-Resources - Workers, machines, money, and knowledge Inputs - Materials, Energy, Money, People and Data Outputs - Goods and Services is a unique set...

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 obtaining services, supplies, and equipment in...