fill in the blanks scm Flashcards
____ are the entities that provide raw materials or components needed for the production process.
SUPPLIERS
Distributors/wholesalers are entities that facilitate the _____ of products from manufacturers to retailers or directly to consumers.
MOVEMENT
retailers are businesses that sell products _____ to consumers through various channel.
DIRECTLY
customers/consumers are the _____ who purchase and consume the products or services.
END USERS
Logistics and transportation are the processes involved in _____ products from one point to another, including shipping, storage and transpo.
MOVING
Supply focuses on the raw materials supplied to ______ including how, when, and from what location.
MANUFACTURING
Manufacturing focuses on _______ raw materials into finished products.
CONVERTING
distribution focusing on ensuring that the products reach the consumers through an organized _______ of distributors, warehouses and retailers.
NETWORK
_______ is one of the most common challenge to SCM
LACK OF VISIBILITY
Another factor that affects logistics cost is ______.
DENSITY
logistics provides _____ by moving goods from production surplus points to points where demand exist.
PLACE UTILITY
_______ is the economic value added to a good or services by having it at a demand point at a specific time.
TIME UTILITY
warehousing involves the _____ of goods before they are distributed to customers.
STORAGE
proper ______ is essential for protecting products during transportation and storage.
PACKAGING
_________ is coordinating the process of receiving and processing customer orders, picking and packing items, and preparing them for shipment.
ORDER FULFILLMENT
