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SUPPLY CHAIN MANAGEMENT > PRELIM - ENUMERATION > Flashcards

PRELIM - ENUMERATION Flashcards

1
Q

What are the categories of supply chain operations in terms of planning?

A
  1. DEMAND FORECASTING AND SUPPLY
  2. PRODUCT PRICING
  3. INVENTORY MANAGEMENT
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2
Q

Supply Chain Role:

A

FLEXIBLE, RESPONSIVE, EFFICIENT

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3
Q

What are the basic suppliers/facilities in supply chain?

A
  • WAREHOUSES
  • FACTORIES
  • PROCESSING CENTERS
  • DISTRIBUTION CENTERS
  • RETAIL OUTLETS
  • OFFICES
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4
Q

What are the functions and activities of supply chain?

A
  • FORECASTING
  • PURCHASING
  • INVENTORY MANAGEMENT
  • INFORMATION MANAGEMENT
  • QUALITY SERVICE
  • SCHEDULING
  • PRODUCTION AND DELIVERY
  • CUSTOMER SERVICE
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5
Q

What are the trends in SCM treds affecting supply chain design and management?

A
  • Measuring supply chain ROI
  • “Greening” the supply chain
  • Re-evaluating outsourcing
  • Integrating IT
  • Managing risks
  • Adopting lean principles
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6
Q

What is CPFR?

A

Collaborative planning, forecasting, and replenishment

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7
Q

In creating an effective supply chain, there must be:

A
  • TRUST
  • EFFECTIVE COMMUNICATION
  • INFORMATION VELOCITY
  • SUPPLY CHAIN VISIBILITY
  • EVENT MANAGEMENT CAPABILITY
  • PERFORMANCE METRICS
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8
Q

What are the variable to consider and demand forecasting?

A
  1. Supply
  2. Demand
  3. Product characteristics
  4. Competitive environment
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9
Q

What are the forecasting methods to consider in demand forecasting and planning?

A
  1. QUALITATIVE
  2. CASUAL
  3. TIME SERIES
  4. SIMULATION
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10
Q

What are the categories of supply chain operations in terms of planning?

A
  1. DEMAND FORECASTING AND SUPPLY
  2. PRODUCT PRICING
  3. INVENTORY MANAGEMENT
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11
Q

What are the inventory management?

A
  • cycle inventory
  • seasonal inventory
  • safety inventory
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12
Q

What are the categories of supply chain operations in terms of source?

A
  • purchasing
  • credit and collection
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13
Q

What are the categories of supply chain operations in terms of making?

A
  • product design
  • production scheduling
  • facility management
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14
Q

What are the categories of supply chain operations in terms of delivering?

A
  • order management
  • delivery scheduling
  • return processing
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15
Q

5 characteristics of hotel supply chain

A
  • perishability of products and services
  • inherent complexity of products and services
  • uncertainty of demand
  • inseparability
  • traditional sale of tourism service packages
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16
Q

are the foundations that could be included and should be practiced by both parties

A
  • respect
    -trust
  • mutual benefit
  • fairness and honesty
17
Q

what are the SRM business practices

A
  • supplier segmentation
  • develop supplier strategy
  • execute supplier strategy
18
Q

what are the different types of restaurant suppliers

A
  • FRUITS AND VEGETABLES
  • MEAT
  • BAKED GOODS
  • DRY GOODS
  • SEAFOOD
19
Q

MODEL OF SUPPLY CHAIN

A
  • Plan
  • Source
  • Make
  • Deliver
20
Q

Categories of Supply Chain Operations in terms of Source

A
  • Procurement
  • Credit and Collection
21
Q

4 ways to reduce safety inventory

A

✔️Reduce demand uncertainty: do better demand forecasts.
✔️Reduce order lead times: shorter lead time means less safety inventory.
✔️ Reduce lead time variability: further reduces safety inventory need.
✔️Reduce availability uncertainty: ensure product availability when demand occurs.

SUPPLY CHAIN MANAGEMENT (4 decks)

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