1ER EXAMEN Flashcards
IS THE DESIGN, OPERATION, AND IMPROVEMENT OF THE SYSTEMS THAT CREATE AND DELIVER THE FIRM´S PRIMARY PRODUCTS AND SERVICES
OPERATIONS AND SUPPLY CHAIN MANAGEMENT
REFERS TO MANUFACTURING AND SERVICE PROCESSES USED TO TRANSFORM THE RESOURCES EMPLOYED BY A FIRM INTO PRODUCTS DESIRED BY CUSTOMERS.
OPERATIONS
PROCESSES THAT MOVE INFORMATION AND MATERIAL TO AND FROM THE MANUFACTURING AND SERVICE PROCESS OF THE FIRM.
SUPPLY CHAIN
CONSISTS OF THE PROCESSES NEEDED TO OPERATE AN EXISTING SUPPLY CHAIN STRATEGICALLY. HERE A FIRM MUST DETERMINE HOW ANTICIPATED DEMAND WILL BE MET WITH AVAILABLE RESOURCES.
PLANNING
INVOLVES THE SELECTION OF SUPPLIERS THAT WILL DELIVER THE GOODS AND SERVICES NEEDED TO CREATE THE FIRM´S PRODUCT. A SET OF PRICING, DELIVERY, AND PAYMENT PROCESSES ARE NEEDED, ALONG WITH METRICS FOR MONITORING AND IMPROVING THE RELATIONSHIPS BETWEEN PARTNERS OF THE FIRM.
SOURCING
IS WHERE THE MAJOR PRODUCT IS PRODUCED OR THE SERVICE PROVIDED. THE STEP REQUIRES SCHEDULING PROCESSES FOR WORKERS AND THE COORDINATION OF MATERIAL AND OTHER CRITICAL RESOURCES SUCH AS EQUIPMENT TO SUPPORT PRODUCING OR PROVIDING THE SERVICE.
MAKING
.IS ALSO REFERRED TO AS LOGISTICS PROCESSES. CARRIERS ARE PICKED TO MOVE PRODUCTS TO WAREHOUSES AND CUSTOMERS, COORDINATE AND SCHEDULE THE MOVEMENT OF GOODS AND INFORMATION THROUGH THE SUPPLY NETWORK, DEVELOP AND OPERATE A NETWORK OF WAREHOUSES, AND RUN THE INFORMATION SYSTEMS THAT MANAGE THE RECEIPT OF ORDERS FROM CUSTOMERS AND THE INVOICING SYSTEMS THAT COLLECT PAYMENTS FROM CUSTOMERS.
DELIVERING
INVOLVES PROCESSES FOR RECEIVING WORN-OUT, DEFECTIVE, AND EXCESS PRODUCTS BACK FROM CUSTOMERS AND SUPPORT FOR CUSTOMERS WHO HAVE PROBLEMS WITH DELIVERED PRODUCTS. IN THE CASE OF SERVICES, THIS MAY INVOLVE ALL TYPES OF FOLLOW-UP ACTIVITIES REQUIRED FOR AFTER-SALES SUPPORT.
RETURNING
IS AN INTEGRATED SET OF ACTIVITIES DESIGNED TO ACHIEVE HIGH-VOLUME PRODUCTION USING MINIMAL INVENTORIES OF PARTS THAT ARRIVE EXACTLY WHEN THEY ARE NEEDED.
JUST-IN-TIME
AGGRESIVELY SEEKS TO ELIMINATE CAUSES OF PRODUCTION DEFECTS- IS NOW A CORNERSTONE IN MANY MANUFACTURERS´ PRODUCTION PRACTICES
TOTAL QUALITY CONTROL ( TQC
APPROACH SEEKS TO MAKE REVOLUTIONARY CHANGES AS OPPOSED TO EVOLUTIONARY CHANGES ( WHICH ARE COMMONLY ADVOCATED IN TQM).
THE BUSINESS PROCESS REENGINEERING (BPR)
REFERS TO THE USE OF THE INTERNET AS AN ESSENTIAL ELEMENT OF BUSINESS ACTIVITY.
ELECTRONIC COMMERCE
IS THE ABILITY TO MAINTAIN BALANCE IN A SYSTEM
SUSTAINABILITY
( THE TRIPLE BOTTOM LINE).
ECONOMIC, EMPLOYEE, AND ENVIRONMENTAL VIABILITY OF THE FIRM
IS CAPTURED AND AVAILABLE FOR DECISION-MAKING ANALYSIS THAN WAS AVAILABLE IN THE PAST.
BUSINESS ANALYTICS