Test Review Slides Flashcards
SCM allows us to support customer requirements ________, faster, and cheaper than ever before.
better
What should drive the activities across the supply chain?
customer demand
_______ utility focuses on what i want, ________ utility focuses on when i want it.
form; time
________ software facilitate improved performance of day-to-day operating tasks from the time a purchase order for materials is placed until order delivery.
SC execution
When supply chain data is _______, it contains pertinent details and supports analysis.
relevant
What SCIS application provides visibility of critical flows and help provide early warning signals of deviations from plans?
SC event management
The _______ capacity planning strategy adds new capacity before demand increases.
proactive
What creates a single plan to reconcile conflicting business plans, link strategy to execution, and align company resources?
Sales and Operations Planning
What details the amount of product to be produced along with the timing of production to meet customer demand?
Master production schedule
When scheduling, we develop plans for our work centers where production activities occur. T or F?
True
A process that focuses on buying merchandise or services at the optimum possible total cost in the correct amount and quality for an organization.
Procurement
