Supply Chain Management Exam 1 Falcone TCU –
Accurate Solutions For Every Question
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Terms in this set (64)
last mile delivery The final stage of getting a product to the consumer
- typically via a smaller delivery van or other vehicle.
what are customers in supply chain retail stores
Phantom Inventory something is stolen from your warehouse
Ex;if you are a manager of a warehouse would you
know if something was stolen in your factory...
probably not... but your records would show that
something was stolen. THIS IS A BIG CHALLENGE
FOR OPERATIONS MANAGERS
Panama Canal it is currently suffering a severe drought and
therefore there is not enough water to let cargo ships
go through it
intermodal transportation two or more transportation modes used in
combination--a product goes from a train to a boat
for shipping
What does PIE stand for? Performance, Image, Exposure
a supply chain contains five key raw materials
players... component and intermediate manufactures
final product manufactures
wholesale distributers
retailers
, how are the five key players of supply Connected by transportation and storage activities,
chain connected? and Integrated through information, planning, and
integration activities
who is the ultimate source of income end consumers
for supply chain
What is a supply chain? A process that converts raw materials into products
on shelves
what are products on shelves? these a products sitting in a retail store on in a car lot
in Toyota
what is supply chain management it is he management process that connects raw
materials into product on shelves
how do we implement SCM we must start with the key supplier and then we
move onto the other suppliers and the customers
bullwhip effect A chain reaction of slightly fluctuation of end
consumer demand...how small fluctuations in demand
at the retail level can cause progressively
what are larger fluctuations in the this effect is named after cracking the whip and the
bullwhip further it goes... the larger the fluctuation
is the bullwhip effect always positive no, it can decrease demand, usually it is negative
Traditional Management emphasizes short term goals
what does successful SCM use it sues high levels of trust and cooperation,
collaboration, and honest and accurate
communication
when did SCM start 1990
triple bottom line taking care of people, planet, and profits
Accurate Solutions For Every Question
Save
Terms in this set (64)
last mile delivery The final stage of getting a product to the consumer
- typically via a smaller delivery van or other vehicle.
what are customers in supply chain retail stores
Phantom Inventory something is stolen from your warehouse
Ex;if you are a manager of a warehouse would you
know if something was stolen in your factory...
probably not... but your records would show that
something was stolen. THIS IS A BIG CHALLENGE
FOR OPERATIONS MANAGERS
Panama Canal it is currently suffering a severe drought and
therefore there is not enough water to let cargo ships
go through it
intermodal transportation two or more transportation modes used in
combination--a product goes from a train to a boat
for shipping
What does PIE stand for? Performance, Image, Exposure
a supply chain contains five key raw materials
players... component and intermediate manufactures
final product manufactures
wholesale distributers
retailers
, how are the five key players of supply Connected by transportation and storage activities,
chain connected? and Integrated through information, planning, and
integration activities
who is the ultimate source of income end consumers
for supply chain
What is a supply chain? A process that converts raw materials into products
on shelves
what are products on shelves? these a products sitting in a retail store on in a car lot
in Toyota
what is supply chain management it is he management process that connects raw
materials into product on shelves
how do we implement SCM we must start with the key supplier and then we
move onto the other suppliers and the customers
bullwhip effect A chain reaction of slightly fluctuation of end
consumer demand...how small fluctuations in demand
at the retail level can cause progressively
what are larger fluctuations in the this effect is named after cracking the whip and the
bullwhip further it goes... the larger the fluctuation
is the bullwhip effect always positive no, it can decrease demand, usually it is negative
Traditional Management emphasizes short term goals
what does successful SCM use it sues high levels of trust and cooperation,
collaboration, and honest and accurate
communication
when did SCM start 1990
triple bottom line taking care of people, planet, and profits
