lectureChain
summary.pdf
Management_ 75 Key Concepts and Techniques –Supply
lectureChain
summary.pdf
Management_ 75 Key Concepts and Techniques – lecture summary.pdf
Supply Chain Management:
75 Key Concepts and
Techniques – lecture
summary
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Supply Chain Management_ 75 Key Concepts and Techniques –Supply
lectureChain
summary.pdf
Management_ 75 Key Concepts and Techniques –Supply
lectureChain
summary.pdf
Management_ 75 Key Concepts and Techniques – lecture summary.pdf
,Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf
Terms in this set (75)
Lead capacity strategy Adding capacity ahead of forecasted demand
describes this strategy.
Mean Absolute Deviation (MAD) This measure is used to evaluate forecast accuracy.
Slotting fees Firms typically use all factors when selecting
suppliers for important materials except this.
Delphi method This forecasting technique uses opinions from a
panel of experts to reach a consensus.
Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf
, Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf
Forecasting This process predicts future customer demand using
historical data, trends, and market information.
Qualitative forecasting This forecasting method relies on expert judgment
rather than numerical data.
Ethical sourcing This ensures that purchasing decisions support
sustainability and human rights.
Time fences Designated periods that restrict schedule changes
to reduce instability are called this.
Master Production Schedule (MPS) The main purpose of this is to specify when finished
products will be produced.
Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf Supply Chain Management_ 75 Key Concepts and Techniques.pdf