innovative products (unpredictable demand)
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responsive supply chain (supply to ORDER)
logistics is the process of
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planning, controlling, implementing
most important service element
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speed of delivery
in shipment consolidation, smaller shipments are ________________ than larger shipments
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more expensive
optimum service level theory
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optimum profit is the point where profit contribution equals marginal cost
out of stock costs
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lost sales costs & backorder costs
lumpy demand
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, due to a low overall volume & high degree of uncertainty
MOST IMPORTANT customer service elements
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on-time delivery, order fill rate, product condition, accurate documentation
collaborative forecasting
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demand is highly uncertain, involves multiple participants each with a
unique perspective, inherently unstable
supply driven philosophy
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quantities & timing unknown
all supply must be accepted and processed
maturity stage
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responsive supply chain (supply to ORDER)
logistics is the process of
Give this one a try later!
planning, controlling, implementing
most important service element
,Give this one a try later!
speed of delivery
in shipment consolidation, smaller shipments are ________________ than larger shipments
Give this one a try later!
more expensive
optimum service level theory
Give this one a try later!
optimum profit is the point where profit contribution equals marginal cost
out of stock costs
Give this one a try later!
lost sales costs & backorder costs
lumpy demand
Give this one a try later!
, due to a low overall volume & high degree of uncertainty
MOST IMPORTANT customer service elements
Give this one a try later!
on-time delivery, order fill rate, product condition, accurate documentation
collaborative forecasting
Give this one a try later!
demand is highly uncertain, involves multiple participants each with a
unique perspective, inherently unstable
supply driven philosophy
Give this one a try later!
quantities & timing unknown
all supply must be accepted and processed
maturity stage
Give this one a try later!
