Scm definition - Study guides, Class notes & Summaries

Unit 1 – Basic Concepts & Goal of Logistics Logistics & the Supply Chain SU 1 pg. 2; par. 1.2 & TB Ch. 1 pg.4,7 Supply chain management [SCM] definitions:  "Firms collaborating to leverage strategic positioning & improve operating efficiency" Bowersox, Closs, Copper (2013:4)  "Encompasses planning & management of all activities involved in sourcing & procurement, conversion, all logistics management activities, coordination & collaboration with channel partners (i.e. suppliers / ...

ASU SCM 300 Exam Questions With Verified And Updated Solutions. Definition of Sustainability - answerDevelopment that meets the needs of the present without compromising the ability of future generations to meet their own needs. Definition of ESG - answera corporate governance and investment framework. ESG includes sustainability as one of its three pillars, but also incorporate broader social and corporate governance considerations Types of sustainable company structures - answerSocial E...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

Shewhart Cycle Plan - Capacity Planning, Strategic Plan Do - Supply Chain Management, Forecasting Check - Quality Management, Scheduling Act - Customer Service, Facility Planning Operations Management Multidisciplinary science that organization use to acquire inputs (such as people, capital, material or energy) and transform them into outputs (products or services) that ultimately provide value to the end customer. Brainpower Read More Previous Play Next Rewind 10 seconds ...

Information Technology (IT) the combination of hardware, software, and services that people use to manage, communicate, and share information Systems analysis and design Step-by-step process for developing high-quality information systems information system combines technology, people, and data to provide support for business functions such as order processing, inventory control, human resources, accounting, and many more systems analyst The organizational role most resp...

SAP Exam 43 Questions with Verified Answers 1. What are the components of the SAP Business Suite? (4 correct answers) - CORRECT ANSWER a. ECC ( enterprise central company ) b. ERP* c. SCM* d. PLM* e. ESA f. SRM* 2. Which of the following are benefits of NetWeaver?(3 correct answers) - CORRECT ANSWER a. Openness and extendibility** b. Lower total cost of ownership** c. Intermittent integration d. Clear roadmap** 3. SAP ERP is a combination of components that combine _________, ...

Big Data Exam 1 Questions With Verified Answers What is Big Data? - answer-A collection of data sets so large and complex that it becomes difficult to process using on-hand database management tools or traditional data processing applications (Hadoop) -A buzzword/catch-phrase used to describe a massive volume of both structured and unstructured data How many bytes of data are produced yearly? (IBM) - answer2.5 Quintillion Why is Big Data important? (MT/IBM Study) - answer-Top-performing ...

Operational database A database that is used to collect, modify, and maintain data on a daily basis. Analytical database A database that is used to collect data that will be used for spotting trends that offer insights for tactical and strategic business decisions. Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:06 / 0:15 Full screen Operational databases are commonly part of an enterprise's TPS, OLTP, CRM, SCM, or ERP inf...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

1 MUSCLE AND MASSAGE THERAPY EXAM | QUESTIONS & ANSWERS (VERIFIED) | LATEST UPDATE | GRADED A+ Antagonist Correct Answer: A muscle that opposes the action of another muscle Diaphysis Correct Answer: The long, cylindrical shaft of a bone Articulation Correct Answer: The point where two or more bones meet to form a joint Petrissage Correct Answer: A massage stroke that involves pressing and rolling the muscles Isometric Correct Answer: A type of muscle action or tension without mov...