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6 Cards in this Set
- Front
- Back
Defined the term supply chain and supply chain management, and discuss the benefits of supply chain management. |
Management coordinates and integrates all of the activities performed by supply chain members into a seamless process from the source to the point of consumption. |
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Discuss the concept of internal and Extertal supply chain integration, and explain why each of these types of integration is important. |
In the modern supply chain, integration can be either internally or extern all. Internally, the very best companies develop a managerial orientation toward demand-supply integration. Externally, five types of integration or sought by firms interested in providing top-level service to customers. |
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Identify the eight key processes of excellent supply chain management, and discuss how each of these processes affects the end customer. |
The key processes then leading supply chain companies focus on are: 1.) customer relationship management, 2.) customer service management, 3.) demand management, 4.) order fulfillment, 5.) manufacturing flow management, 6.) supplier relationship management, 7.) product development and commercialization, 8.) returns management. |
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Understand which supply chain functions affect business success, and how. |
The supply-chain team orchestrates the movement of goods, services, and information from the source to the consumer. Supply chain teams typically cut across organizational boundaries. |
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Understand the importance of sustainable supply chain management to modern business operations. |
Sustainable supply chain management involves the integration and balancing of environmental, social, and economic thinking into all phases of the supply chain management process. |
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Discuss new technology and emerging trends in supply chain management. |
Some of the business trends affecting supply chain management include outsourcing Logistics, maintaining a chic here supply chain and minimizing supply chain risk, and maintaining a sustainable supply chain. |