segundo examen Flashcards
It involves using independent variables other than time to predict future demand. To be of value for the purpose of forecasting, any independent variable must be a leading indicator. For example, we can expect that an extended period of rain will increase sales of umbrellas and raincoats.
Causal relationship forecasting
- It refers to managing the distribution of products when the movement is on a global scale. Clearly, if the China-made sweatshirt is sold in the United States or Europe, this involves
Logistics Performance Index
It is an approach used in special consolidation warehouses, where, rather than making larger shipments, large shipments are broken down into small shipments for local delivery in an area. This often can be done in a coordinated manner so the goods are never stored in inventory.
Cross-docking
it is the act of moving some of a firm’s internal activities and decision responsibility to outside providers. The terms of the agreement are established in a contract. It goes beyond the more common purchasing and consulting contracts because not only are the activities transferred, but also resources that make the activities occur, including people, facilities, equipment, technology, and other assets, are transferred.
Outsourcing
The fast-changing geopolitical scenes in numerous nations present exciting and challenging opportunities. But the extended phase of transformation that many countries are undergoing makes the decision to locate in those areas extremely difficult. This factor is called:
Political risk
these are two of the sevenprominent types of waste to be eliminated from the supply chain
all the answers are correct
it relates to automatic transaction, sourcing, bidding and auctions using Web-based application and the use of software that removes human interaction and integrates with the financial reporting of the firms
E-procurement
it is a special type of flowcharting tool that is valuable for the development of lean processes. The technique is used to visualize product flows through various processing steps.
Value Stream Mapping (VSM)
It refers to a focus on eliminating as much waste as possible. Moves that are not needed, sary processing steps, and excess inventory in the supply chain are targets for improvement during this proces
Lean production
It is typically a closed facility (under the supervision of the customs department) of which foreign goods can be brought without being subject to the normal customs requirements.
Free trade zone
It is the Japanese philosophy that locuses on continuous improvement. It bursts identify specific short-term projects that teams work on to implement changes to the process
Kaizen
It refers to to that period of time during which the schedule is fixed and no further changes are possible. An added benefit of the stable schedule is seen in how parts and components are accounted for in a pull system.
Freeze window
way of tansportation has very high capacity and very low cost, but transit times are slow useful for bulk items suc as oil, coal, and chemical products.
A water (ship
a favorable___can include the presence of similar sized bussines, the presence of companies in the same industry and, in the case of international locations, the presence of other foreign companies
bussines cluster
Adequate road, rail, air, and sea transportation is vital. Energy and telecommunications quirements also must be met when a company is looking for a place to open factory. This factor is called
Infrastructure
It covers tasks within the supply chain, including peshasing, vendor evaluation, and invoice management. It also includes invernory efficient control of materials. and warehouse management functions to support the
efficient control of materials
Materials maintenance
It contains the complete product description, listing the materials, parts, and components, the quantity of each items; and also the sequence in which the product is created
Bill-of-materials (BOM)
This relates to eliminating non-value-added steps and waste in product storage processes. Typical functions include the following: receiving material; putting-away/storing, replenishing inventory, picking inventory: packing for shipment, and shipping
Lean warehousing
Itis commonly used for purchasing items that are more complex or expensive and where there may be a number of potential vendors. A detailed information packet describing what is to be purchased is prepared and distributed to potential vendors.
Request for proposal (RFP)
t is the development and management of supplier relationships to acquire goods and services in a way that aids in achieving the immediate needs of the business.
Strategic sourcing
It is a technique for locating single facilities that considers the existing facilities, the distances between them, and the volumes of goods to be shipped. The technique is often used to locate intermediate or distribution warehouses
Centroid method
To ensure good master scheduling, the master scheduler must:
Answers A and C are correct.
The main goal of these forecasts is to estimate demand in the relatively short term, a few swock or months. These forecasts are important to ensure that in the short term we are able to meet customer lead time expectations and other criteria related to the availability of our products and services
tactical forecasts
This mode of transportation is highly specialized and limited to liquids, gases, and solids in slurry forms. No packaging is needed and the costs per mile are low.
Pipeline
These are supply chains that utilize strategies aimed at being responsive and flexible fo customer needs, while the risks of supply shortages or disruptions are hedged by pooling inventory and other capacity resources
Risk-hedging supply chains
