Supply Chain Jordan TCU Exam 1 Review –
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Practice questions for this set
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the design and execution of relationships and flows that connect the parties and
processes across a supply chain
Choose an answer
1 Supply Chain Management 2 Drivers of SCM
3 IKEA Supply Chain 4 Process
Don't know?
Terms in this set (100)
Supply Chain Management the design and execution of relationships and flows
that connect the parties and processes across a
supply chain
, Drivers of SCM Information
Technology
Speed
Visibility
Competition
Supply Chain global network of organizations and activities
involved in designing, transforming, consuming, and
disposing of goods and services
Goods tangible, can be inventoried, little customer contact,
long lead times, capital-intensive, quality easily
assessed, material is transformed
Services intangible, cannot be inventoried, extensive
customer contact, short lead times, often labor-
intensive, quality more difficult to assess, information
or customer is transformed
Process System of activities that transforms inputs into
valuable outputs
- used by everyone
I-P-O Input --> Process --> Output
Why Supply Chain Management is -Effects almost everyone in the world
Important -Delivery of product to customer is becoming more
complicated
-Numerous organizations involved
Why Companies Focus on Supply Improved inventory levels, better deliver times,
Chain Management Today better quality, better performance
Questions With A+ Solutions
Save
Practice questions for this set
Learn 1 /7 Study using Learn
the design and execution of relationships and flows that connect the parties and
processes across a supply chain
Choose an answer
1 Supply Chain Management 2 Drivers of SCM
3 IKEA Supply Chain 4 Process
Don't know?
Terms in this set (100)
Supply Chain Management the design and execution of relationships and flows
that connect the parties and processes across a
supply chain
, Drivers of SCM Information
Technology
Speed
Visibility
Competition
Supply Chain global network of organizations and activities
involved in designing, transforming, consuming, and
disposing of goods and services
Goods tangible, can be inventoried, little customer contact,
long lead times, capital-intensive, quality easily
assessed, material is transformed
Services intangible, cannot be inventoried, extensive
customer contact, short lead times, often labor-
intensive, quality more difficult to assess, information
or customer is transformed
Process System of activities that transforms inputs into
valuable outputs
- used by everyone
I-P-O Input --> Process --> Output
Why Supply Chain Management is -Effects almost everyone in the world
Important -Delivery of product to customer is becoming more
complicated
-Numerous organizations involved
Why Companies Focus on Supply Improved inventory levels, better deliver times,
Chain Management Today better quality, better performance
