week 2 Flashcards

1
Q

what is SCM

A

management of flow of goods and services (all process) that transform RM into final product

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2
Q

5 crucial elements of SCM

A

dev strat (plan), source RM, production, distrabution and returns

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3
Q

what is SCM trying to do

A

centerally control production, shipment and distrabution

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4
Q

planning?

A

predict future needs act accordingly

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5
Q

what is source IN SC

A

strong relation with suppliers (meet specefication, price)
-emergency

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6
Q

mnufactor

A

turn RM by machinary/labour to make new product

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7
Q

deliver

A

once sold get into customer hands

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8
Q

returns?

A

reverse logitics for product returns

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9
Q

whatis supply chain

A

netwrok of individual companies resoucres used to make and sell product

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10
Q

6 types SCM model

A

1- continous flow: manufactor/ produce same goods, little change in demand
2- agile: unpredicatble demand prioritze flexibility
3- fast model: quick turnover, short life cycle
4- flexible model: best forcompany impacted by seasonality, ramp up or down production
5- effecient model: best for tight profit margins
6- custom: highly specilized industry

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11
Q

why SCM important

A

help achieve business goals like quality improve or profit margin

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12
Q

SC components

A

vendor, wharehouses, transport company, distrabution center and retailers

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13
Q

functions of supply chain

A

product dev, marketing, operations, distrabution, finance, customer service

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14
Q

successful sc practices

A

-support improvment
-increas velocity
-encourage collaboration
-seek new tech
-

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15
Q

logisitics is 1 link in Sc what is it

A

planning/control of movment and storage of goods and service from orgin to final destination

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16
Q
  • Increased efficiency of SC has played role in
A

curbing inflation, lowers final cost to consumers

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17
Q

covid effect SC by

A

change in demand and delays due to restrictions

18
Q

3 elements needed if really a team

A

1- rely on other to achieve goal
2- have goal
3- mutualy accountable for goal

19
Q

collective intellegence based on what

A

based on lowest scoring person

20
Q

what is 3 types collective intellegence

A

1- social prespectives: pick up social cues
2- community in groups: if people dominate = not good
3- diversity

21
Q

what is SMM

A

(shared mental model) shared and accurate understanding among team members

22
Q

what is TMS

A
  • TMS (trans active memory system) as complimentary knowledge that is distributed among various team members, understand who knows what
23
Q

shared cognition involves

A

SMM and TMS, cognitions are shared accurate and complimentary undertsanding team possess

24
Q

stronger shared cognition =

A

better motivation, more teamwork and better perform

25
8 types of shared cognition (would team memebrs answers these Q's similar and are they accurate)
1- where to: what trying to accomplish 2- whats important: team priorities 3- who should: role clarity 4- how to: how to do task 5- whyto: rationale/ underlying reasons for actiokns 6- who knows: knowledge in team 7- what if: contingencies, what to do in certain events arise 8- whats up- situational awarness
26
results of shared cognition
1- increased effort 2-improved routine coordination 3- faster smarter adjustments
27
results of increased effort
enhances teams collective efficacy, vision goals and pririties
28
improved routine coordination
display better teamwork behaviour, role tasks, norms
29
what does smarter adjustments entail
situational cues, helps with why certain actions needed, not just what to do and who on team has most knowledge
30
* Cognitions both result from monitoring and enable monitoring to work, what does monitor reveal
whats going on and how team performing, effective monitor = shared understand situation
31
why need shared cognition for monitoring to be effective
need common understanding to decide what to do with info or is just nooise
32
familiraity vs performance curve
ushaped, too little or too much inhibits, too much= rely and not adjust
33
personal familiriaty vs pro
personal: i know hobby/ family pro: know strength/weakness
34
personaly familiraty doesnt hurt but doesnt help, pro familiraty helps because
engage in deeper info share
35
10 ways to build shared cognition
Dircetion setting 1- visioning: what future success look like 2- premortem: anticipate future issue 3- chartering: dev understand about team project/mission preparing (coordinate actions by establish SMM 4-cross training: i know your job 5- role clarification: 6-scenario based : how handle future issue updating 7-debriefs: discuss what happened 8- huddles: meeting to sync work Assmiliating 9-onboarding: communicate norms 10-new leader assimilation
36
how to be great teammate
1- stay alert: learn teamates capability 2-provide support without waiting 3- improve personally amd for team: personal flexibilty do new things 4- fufill commitments 5- effective communicator 6- care about what is right not who 7- acknowledge mistake and voice gratitude 8- provide and seek feedback 9- dont be toxic 10- rep team when interacting wiht outsiders of team
37
more risk of supply chain
demand, regulatory risks
38
participants in channel(agents and industrial distrabutor
agents: bring buyer and seller tog, get comission, usually no posessioin of product industrial distrabutors: sell to industrial users, have sales force, make deliveries, extend credit and provide info to user
39
team work effected by core processes which are
cognition, coaching, communication, coordination, cooperation, conflict
40
influencig conditions of teamwork
context, composition and culture
41