Logistics Quiz 3

Front 1

is the evolving process of managing different supply streams in a digital landscape.

Back 1

Electronic supply (e-supply) chain management

Front 2

It is a series of internet enabled value-adding activities to guarantee products created by a manufacturing process can eventually meet customer requirements and realize returns on investment.

Back 2

Electronic supply (e-supply) chain management

Front 3

Is a strategy performance management tool – a semi-standard structured report, that can be used by managers to keep track of the execution of activities by the staff within their control and to monitor the consequences arising from these actions.

Back 3

Balanced scorecard

Front 4

Any business-to-business, business-to-consumer and business-to-government method to purchase and sell supplies, services and other goods through the internet.

Back 4

E-procurement

Front 5

When you are ordering to replenish stock online, you are typically engaging in a replenishment process.Your inventory will explain the movement from upstream (warehouses) to downstream (main store or shipping locations).

Back 5

Inventory Replenishment Systems

Front 6

The cooperative players in planning sessions should represent every area of your supply chain. That includes people representing the software and hardware you need, sourcing for raw materials (if applicable) and any departments that have a hand in supply.

Back 6

Supply Chain Collaborative Planning

Front 7

The process of collecting applications that allows multiple organizations the ability to work together during your product’s design and developmental stages.

Back 7

Collaborative Product Design/Development

Front 8

Your logistics specialists will plan, implement and control the flow of product and storage that will be needed for the business. They will have a complete understanding of the trail that products must travel from their point of origin to the point of consumption (the customer).

Back 8

E-Logistics Basics

Front 9

Supply exchanges allow users to trade and exchange supplies.It’s another form of resource management that is open to people who may not work together

Back 9

Supply Trades and Exchanges

Front 10

Product flow is the result of your inventory management. This includes the movement of products from the supplier to the customer. It also works in the opposite direction to keep track of customer returns.

Back 10

Product Flow and Tracking

Front 11

Typically, this moves from the request to the supply to the customer. When you check to see if your package is on its way yet on any shipping site, you are accessing the information flow for your order.

Back 11

Information Flow and Access

Front 12

Financial flow does not only work as a scenario involving money in and money outIt also focuses on any credit that your business is working with, including when you have to credit a customer for a product that they have returned.

Back 12

Financial Flow and Control

Front 13

Implementing of an ERP software in organization.Adoption of collaborative planning and scheduling with critical suppliers customers allowing effective sharing of forecasts and order status. -Collaborative Planning Forecasting and Replenishment -Global Supply Chain (GSC) softwareElectronics linking of customer and supplier data using Internet technologies.

Back 13

E SUPPLY CHAIN ENABLING TECHNOLOGY

Front 14

is a computer to computer direct transfer of business data through electronic media between organizations and partners. It help real-time information exchange between locations far apart and enables significant reduction in lead time and improves the accuracy of shared data.

Back 14

Electronic Data ExchangeEDE

Front 15

is an Internet linked network inside an organization secured behind its “firewalls”. The intranets helps to share documents between employees only, with given password controlled access, regardless of their geographic locations.

Back 15

Intranets

Front 16

combine the privacy and security of Intranets with the global reach of the Internet, allowing access to external partners, suppliers and customers to a controlled portion of the enterprise network.

Back 16

Extranets

Front 17

is about deals being closed between two commercial centers over the web where providers and purchasers meet up with the help of a B2B website.

Back 17

B2B portals

Front 18

Are independently owned portals that bring numerous suppliers and buyers to cyberspace in a real-time environment.

Back 18

Net Market Places

Front 19

Is a trading hub in which membership is closed or by invitation or subscription only.

Back 19

Private Market Place

Front 20

- aims to provide the retail consumer with the best quality service through collaborative supply chain operations

Back 20

ECR

Front 21

- aims to improve end-to-end supply chain efficiencies from the sourcing of raw materials to the delivery of finished products in the consumer's hands.

Back 21

VCI

Front 22

Can help companies reduce cost by directing more spend to strategic suppliers enforcing standard product selection and reducing transaction cost and cycle times

Back 22

Buy-Side Procurement Applications

Front 23

Developed using microsoft technology tools that allowed companies to publish information that could be viewed easily and downloaded into "legacy" systems and back

Back 23

EQOS collaborator

Front 24

Output is intangible

Peformanve can be measured in qualitative terms

Back 24

Service Industries

Front 25

Events can be planned; unique

Back 25

Events Operation

Front 26

Disaster will occur cannot be known

Back 26

Non Profit Operations

Front 27

Performance can be measured in quantitative terms

Back 27

Pure Supply or Manufacturing Operation

Front 28

Is the business of hiring a party outside a company to perform service and create goods

Back 28

Outsourcing

Front 29

Meetings,conferences, exhibitions(includes sponsorship)

Back 29

Event management

Front 30

Involve dealing directly with purchasing and supply and inventory management

Back 30

Event supply chain

Front 31

Prefer to complete everything in house both important and non important activities

Back 31

Virtially Integrated Company

Front 32

Is the one that arranges or promite an event and does not own anything

Back 32

Virtual Integrated Company

Front 33

Making a choice to buy out a supplier , or to make/provide those products and services in house

Back 33

Backward Integration

Front 34

Making a choice to buy out a supplier , or to make/provide those products and services in house

Back 34

Backward Integration

Front 35

An organization buys out or actively completes the work done by a customer

Back 35

Forward Integration