Objective of scm - Study guides, Class notes & Summaries

SCM Exam 1 Questions & Answers 2024/2025 Supply Chain - ANSWERSall stages involved, directly or indirectly, in fulfilling a customer/consumer request for a tangible good or service What Does the Supply Chain Include? - ANSWERS- manufacturers - suppliers - transporters - warehouses - retailers - customers 3 Inconvenient Truths of SCM - ANSWERS1. Every organization must make a product or provide a service that has VALUE to someone 2. Most organizations are part of larger supply ...

WGU C215 Operations Management -Objective Assessment Prep Guide & Terminologies Combo Study Guide 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Total Quality Management (TQM) Philosophy Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Uses bo...

What does the "O" in PODC stand for? ORDER ORGANIZE What does the "P" in PODC stand for? PLAN PERSONAL PRIVATE POST - ANSWER PLAN OBJECTIVE OBJECT - ANSWER ORGANIZE What does the "C" in PODC stand for? CONTROL COMPARE CORRECT COMBINE - ANSWER CONTROL What does the "D" in PODC stand for? DOCTOR DANCE DECODE DIRECT - ANSWER DIRECT How is health information accessed? - ANSWER Isolated legacy systems are being replaced by more efficient and interconnected b...

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CIPS D1 Questions and correct answers 2024/2025 Q1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procurement activities. (10 marks) Q2 (a) Outline THREE pre contract award stages of the sourcing process. (9 marks) (b) Explain FOUR advantages for an organisation of followi...

CIPS D1 QuestionsQ1 (a) Define the term 'stakeholder' in relation to an organization. (5 marks) (b) Describe the interests of TWO internal stakeholders of the procurement function. (10 marks) (c) Describe how the TWO internal stakeholders, identified in part (b), might contribute to procurement activities. (10 marks) Q2 (a) Outline THREE pre contract award stages of the sourcing process. (9 marks) (b) Explain FOUR advantages for an organisation of following a structured sourcing process...

Supply Chain Network correct answers suppliers, manufacturers, warehouses and DCS, customers Supply Chain Components correct answers supplier base (procurement, inbound logistics), integrated enterprise (MFG/SVC Ops, order fulfillment), Market/distribution network (outbound logistics, customer service) UT Integrated SCM Concept correct answers Supply chain is the design and coordination of a network through which organizations and individuals get, use, deliver, and dispose of material good...

SCM Exam 1 Review Questions and answers, VERIFIED/ What is SCM? - -The value-creation engine of every organization What are design decisions? - -Product design Process design Facility layout Facility location What are control decisions? - -Forecasting Inventory Scheduling Quality control Define supply chain management? - -The collaborative process and project management to meet the real needs of the end customer profitably What gives a company a competitive advantage? - -Innovatio...

Which of the following is a specific objective of equipment management? - Answer- Standardize the management of in-use equipment at medical facilities Who may grant final approval for medical expense equipment requests from nonmedical units? - Answer- MTF Commander Reactive - Answer- Supply chain management (SCM) mainly focuses on what type of issuing system? Which medical materiel storage factor involves placing fast moving items in more accessible areas? - Answer- Turnover Which is...