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SCM300: Exam 1 Updated Study Guide Questions and Answers 2024

Supply Chain Management (SCM) - the effective and efficient integration of the
suppliers, manufacturers, transportation organizations as well as the other parties
responsible for collectively bringing products and services to market.
Procurement - branch of an organization responsible for acquiring materials,
equipment, products and services. (Purchasing)
Operations - responsible for making business processes effective and efficient
Logistics - responsible for developing the transportation itinerary and finding the
appropriate transportation and storage partners to successfully navigate the flow of
materials from the point of origin to the final destination.
Reverse Logistics - management of products that flow backwards in the supply
chain (upstream), away from the consumer and back in the direction of
manufacturers
Global SCM - suppliers, manufacturers, transportation companies, warehouse and
distribution centers, retailers, and other supply chain partners span across multiple
countries and/or continents.
1st-tier and 2nd-tier suppliers - -1st tier: a company's direct suppliers.
-2nd tier: firm that provides goods and/or services to a company's first-tier
supplier.

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Specificaties

Niveau: University
School: Chamberlain College Of Nursing
Opleiding: NURSING
Vakcode: SCM300
Document
Rubriek: Samenvattingen
Gemaakt op: 19-06-2024
Type: .pdf
Pagina's: 13
Taal: English

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