Supply Chain Managment Flashcards
1
Q
Suppliers are stakeholders because…
A
They have interests and rights
2
Q
What is a supply chain?
A
Activities and firms from extraction of raw materials to delivery of product to the consumer
3
Q
What are the costs of manufacturing?
A
Direct costs (materials, labor)
Indirect costs (overhead)
Conversion costs (labor, overhead)
4
Q
What is quality?
A
Conformance to requirements
5
Q
How do we measure the cost of quality?
A
- Prevention costs (cost of all activities undertaken to prevent defects)
- Appraisal costs (costs incurred to determine conformance to requirements)
- Failure costs (internal and external costs associated with non conformance)
6
Q
What are some examples of structural operations functional strategy?
A
- Make/buy
- Facility location
- Facility layout
7
Q
What are some examples of infrastructural operations functional strategy?
A
- Purchasing
- Quality control
- Labor force
