Lecture Summary Flashcards
1
Q
What is supply chain functions?
A
- Supplier
- Manufacturer
- Distribution center
- Retail
- Customer
2
Q
What are development chain functions?
A
- Product architecture
- Make or buy decisions
- Supplier involvement
- Strategic partnership
- Supplier footprint
- Supply contracts
3
Q
What are four causes of the bullwhip effect?
A
- Forecasting not based on actual customer demand
- Batch ordering
- Price fluctuations
- False orders
