Use LEFT and RIGHT arrow keys to navigate between flashcards;
Use UP and DOWN arrow keys to flip the card;
H to show hint;
A reads text to speech;
13 Cards in this Set
- Front
- Back
E-Business
|
The use of electronic technology to facilitate business transactions, involves the interaction of different business organization.
1) Website 2) Order Fulfillment |
|
Order Fulfillment
|
The process involved in responding to customer orders
|
|
Engineer-to-Order (ETO)
|
Products are designed and built according to customer specifications. Frequently used for large-scale construction, lengthy time
|
|
Make-to-Order (MTO)
|
A standard product design us used, but production of the final product is linked the final customers specifications; used by airplane manufacturers; takes less time than ETO
|
|
Assemble-to-Order (ATO)
|
Products are assembled to customer specifications from a stock of standard and modular components; fairly short fulfillment times; Dell uses it
|
|
Make-to-Stock (MTS)
|
Production is based on a forecast and products are sold to the customer from finished good stock; used in department stores and supermarkets
|
|
Logistics
|
The movement of goods, services, cash, and information in the supply chain
|
|
Traffic Management
|
Overseeing the shipment of incoming and outgoing goods
|
|
3PL
|
The outsourcing of logistics manangement
|
|
Reverse Logistics
|
The process of transporting returned items
|
|
Gatekeeping
|
Screening returned goods to prevent incorrect acceptance of goods
|
|
Avoidance
|
Finding ways to minimize the number of items that are returned
|
|
Closed Loop Supply Chain
|
A manufacturer controls both the forward and reverse shipment of product
|