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Study sets matching "supply management"

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Study sets matching "supply management"

16 terms
Supply Management
Supply Management
Supply Risk
Total Cost of Ownership
Insourcing
Identification, acquisition, and management of inputs and sup…
Probability of an unplanned event that negatively affects a f…
Sum of costs incurred before, during and after a purchase... *be…
Inputs from within the firm
Supply Management
Identification, acquisition, and management of inputs and sup…
Supply Risk
Probability of an unplanned event that negatively affects a f…
23 terms
Supply Chain Management
Casing
Supplier
Customer
Logistics
protect the turbine,
Company that provides goods to another business
Company that orders goods from another company
Department that organizes transport
Casing
protect the turbine,
Supplier
Company that provides goods to another business
25 terms
Supply Management
supply management
supply risk
total cost of ownership (tco)
quality
identification, acquisition and management of inputs and supp…
probability of unplanned event that negatively affects a firm…
sum of costs incurred of everything... - before: finding, assess…
product's quality is tied to the quality of its inputs
supply management
identification, acquisition and management of inputs and supp…
supply risk
probability of unplanned event that negatively affects a firm…
41 terms
Supply Management
Indicators of the Purchasing Manager's…
Supplier Life Cycle Management
Procure-2-Pay
What are companies buying?
New orders, inventory levels, production, supplier deliveries…
1) Supplier Selection... -joint process of all functions... -TCO is…
Von der Beschaffung zur Bezahlung, seamless process... process…
Direct Materials (production materials, manuf. goods)... Indirec…
Indicators of the Purchasing Manager's…
New orders, inventory levels, production, supplier deliveries…
Supplier Life Cycle Management
1) Supplier Selection... -joint process of all functions... -TCO is…
13 terms
Supply Management
Trends In Supply Management
Supply Management
Sm is critical
Financial Impact
Sustainable Supply, Supply Chain Disruptions (risk management)
The broad set of activities carried out by organizations to a…
Global Competitive Landscape (to compete globally, companies…
On average, cost of materials consumes almost 60% of a manufa…
Trends In Supply Management
Sustainable Supply, Supply Chain Disruptions (risk management)
Supply Management
The broad set of activities carried out by organizations to a…
37 terms
Supply Management
Professional purchasing
Derived demand
Inelastic demand
Geographical concentration
professional buyers with education and experience who know th…
developments in industrial markets are often related to chang…
due to the derived demand, price-elasticity in industrial mar…
many industrial markets are geographical concentrated (e.g. S…
Professional purchasing
professional buyers with education and experience who know th…
Derived demand
developments in industrial markets are often related to chang…
26 terms
Medical Supply and Logistics Management
Physical count of all items under the…
Physical count of all items under same…
Location survey goal of a spot invento…
High turnover rate, faster an item mov…
Commodity Inventory
Special Material
98%
Velocity
Physical count of all items under the…
Commodity Inventory
Physical count of all items under same…
Special Material
49 terms
Logistic and supply management
drop-ship
stockout, out of stock
integrated business planning
predictive analytics
logistic practice of directly from a manufacture or distribut…
the demand of an item could not be fulfilled with the existin…
a supply chain practice that share information across functio…
practice of looking for hidden data patterns from very large…
drop-ship
logistic practice of directly from a manufacture or distribut…
stockout, out of stock
the demand of an item could not be fulfilled with the existin…
31 terms
Supply Chain Management Chapter 10 Supply Management
Supply Management
A firms strategic objectives are bette…
Supply Risk
Examples of Supply Risk
The identification, acquisition, and management of inputs and…
- Ensures timely availability of resources... - Reduces total co…
The probability of an unplanned event that negatively affects…
- Delays and Disrupts... - Thefts of intellectual property... - Pri…
Supply Management
The identification, acquisition, and management of inputs and…
A firms strategic objectives are bette…
- Ensures timely availability of resources... - Reduces total co…
22 terms
Supply Chain Management
Supply Chain Management
3 Inventory Measures
Average Aggregate Inventory Value
Average Aggregate Inventory Value Equa…
The synchronization of a firm's processes with those of its s…
1) average aggregate inventory value... 2) weeks of supply... 3) in…
Total average value of all items held in inventory by a firm…
Supply Chain Management
The synchronization of a firm's processes with those of its s…
3 Inventory Measures
1) average aggregate inventory value... 2) weeks of supply... 3) in…
14 terms
Supply Management
supply management
total cost analysis
critical quadrant
bottle neck quadrant
sourcing, purchasing, procurement, or supply chain management
process where a firm seeks to identify and quantify all the m…
high risk, high value // form partnerships with suppliers and…
high risk, low value // ensure supply continuity and decrease…
supply management
sourcing, purchasing, procurement, or supply chain management
total cost analysis
process where a firm seeks to identify and quantify all the m…
16 terms
Supply management
Neglected areas
Value engineering
value analysis
early supplier involvement
...
价值工程
价值分析
ESI
Neglected areas
...
Value engineering
价值工程
9 terms
SCM Supply Chain Management
...nenne wichtige Begriffe aus dem Ber…
...nenne wesentliche Funktionen und Zi…
... skizziere an einem Beispiel den Ma…
...erkläre die Bedeutung von Logistikk…
- Prozessmanagement... - Qualitätsmanagement... - Informations- War…
Unter Supply Chain Management verstehen wir die Versorgungske…
LOGISTIKKOSTEN... Gut gewählte Lagerstandorte halten die Transpo…
...nenne wichtige Begriffe aus dem Ber…
- Prozessmanagement... - Qualitätsmanagement... - Informations- War…
...nenne wesentliche Funktionen und Zi…
Unter Supply Chain Management verstehen wir die Versorgungske…
Supply managment
Supply management
Profit leverage effect
COGS
Merchandise inventory
the broad set of activities carried out by organizations to a…
a term used to describe the effect of $1 in cost savings incr…
the purchased cost of goods from outside suppliers.
a balance sheet item that shows the amount a company paid for…
Supply management
the broad set of activities carried out by organizations to a…
Profit leverage effect
a term used to describe the effect of $1 in cost savings incr…
17 terms
Management of supply
Groundwater- Where is it found?
Groundwater- Why is it so important?
Groundwater in agriculture
Groundwater- Overexploitation
- Aquifers... - Collectively they constitute the largest amount…
- It's generally a more reliable source of water than surface…
- In Asia, groundwater is highly exploited, particularly in I…
- In 1969, India withdrew 25 km3 of water. By 2010, fuelled b…
Groundwater- Where is it found?
- Aquifers... - Collectively they constitute the largest amount…
Groundwater- Why is it so important?
- It's generally a more reliable source of water than surface…
10 terms
Supply management
What are the goals of supply management?
What is the supply management processes?
In a Buyer-Seller Relationship, What i…
In Buyer-Seller relationship, what is…
-Cost reduction... -Satisfactory customer service... -Cycle time re…
-Establishing specifications... -Locating potential supply sourc…
Pitch suppliers against each other... Short term contracts ... Mini…
-Joint effort to reduce supplier cost... -Seller sharing of data…
What are the goals of supply management?
-Cost reduction... -Satisfactory customer service... -Cycle time re…
What is the supply management processes?
-Establishing specifications... -Locating potential supply sourc…
Supply Chain Management
supply chain management
customer
input
supplier
managing upstream and downstream value-added flows of materia…
client
Something put into a system, such as resources, in order to a…
An individual, business or other organisation which provides…
supply chain management
managing upstream and downstream value-added flows of materia…
customer
client
11 terms
Supply Chain Management #1
SCM in a nutshell...
Supply chain cycle
Decision phases in supply chain
Challenges of globalization
"The right products, in the right quantities, at the right mo…
Marketing > product design > suppliers > manufacturing > logi…
1. Strategic... 2. Tactical ... 3. Operational
Inc. number of business entities (competitors & partners)... Sho…
SCM in a nutshell...
"The right products, in the right quantities, at the right mo…
Supply chain cycle
Marketing > product design > suppliers > manufacturing > logi…
Introduction to Supply Chain Management
Logistics
Logistics Management
Supply Chain
Supply Chain Management
Those activities that focus on getting the right amount of th…
The practice of organizing the cost-effective flow of raw mat…
A sequence of firms that perform activities required to creat…
The integration and organization of information and logistic…
Logistics
Those activities that focus on getting the right amount of th…
Logistics Management
The practice of organizing the cost-effective flow of raw mat…
105 terms
Supply chain management Exam
password for this set?
What is a supply chain?
Why is it important to have a company/…
Why should a company develop a mission…
Accure
A supply chain consist of all parties involved, directly or i…
Strategy is the determination of the basic... long-term goals of…
The mission of the organization... - defines its purpose, i.e.,…
password for this set?
Accure
What is a supply chain?
A supply chain consist of all parties involved, directly or i…
54 terms
SCM12 - Supply Chain Management
Outsourcing
Kontraktlogistik
E-Business
E-Logistic
Unternehmen lagert betriebliche Funktionen bzw. Leistungen an…
Logistikaufgaben werden auf der Basis langfristiger Leistungs…
Integrierte Ausführung aller automatisierbaren Geschäftsproze…
Strategische Planung und Entwicklung aller für die elektronis…
Outsourcing
Unternehmen lagert betriebliche Funktionen bzw. Leistungen an…
Kontraktlogistik
Logistikaufgaben werden auf der Basis langfristiger Leistungs…
218 terms
Supply Management and Procurement Management
Acceptance
Accessory Equipment
Administrative Lead Time
Aftermarket*
The second important phase of creating a contract after the o…
Products used to facilitate production; includes products suc…
The period or interval, usually measured in days, from the re…
A market for parts and accessories used in the repair or enha…
Acceptance
The second important phase of creating a contract after the o…
Accessory Equipment
Products used to facilitate production; includes products suc…
34 terms
Supply Chain Management Final
Corporate Social Responsibility
Stakeholders
Commons
Triple Bottom Line
Managerial decision making that considers environmental, soci…
those with a vested interest in an organization, including cu…
inputs to a production system held by the public, often misal…
People, planet, and profit. Decisions affect people.
Corporate Social Responsibility
Managerial decision making that considers environmental, soci…
Stakeholders
those with a vested interest in an organization, including cu…
43 terms
Operations and Supply Chain Management
Strategy
Business Structure
Operations
Operations Management
what the organization wants to accomplish
provides the controls and the formal communication and respon…
actual processes employed
the effective design, development, and management of the proc…
Strategy
what the organization wants to accomplish
Business Structure
provides the controls and the formal communication and respon…
39 terms
Supply Management Exam 2
Ethics
Morals
International Supply Management (ISM)…
Codes of Ethics
the study of standards of conduct and moral judgement... the…
relating to, dealing with, or capable of making the distincti…
Impropriety, conflicts of interest, influence, responsibiliti…
A set of principles that affect decision-making
Ethics
the study of standards of conduct and moral judgement... the…
Morals
relating to, dealing with, or capable of making the distincti…
36 terms
Chapter 7: Supply Management
Supply Management
Cost of Goods Sold (COGS)
Merchandise Inventory
Profit Margin
a broad set of activities carried out by organizations to ana…
the purchased cost of goods from outside the supplier
a balance sheet item that shows the amount a company paid for…
the ratio of earnings to sales for a given period of time
Supply Management
a broad set of activities carried out by organizations to ana…
Cost of Goods Sold (COGS)
the purchased cost of goods from outside the supplier
23 terms
Supply Chain Management
Casing
Supplier
Customer
Logistics
protect the turbine... (khol)
Company that provides goods to another business
Company that orders goods from another company
Department that organizes transport
Casing
protect the turbine... (khol)
Supplier
Company that provides goods to another business
46 terms
Supply Chain Management Polito
Factories
Inputs can be?
The operation function
Conformance quality
inputs- transformation process-outputs
Materials, Information, Intangible goods
can also provide intangible services hardly something you can…
was the product made or the service performed to specifications
Factories
inputs- transformation process-outputs
Inputs can be?
Materials, Information, Intangible goods
23 terms
Supply Management chapter 17
Litigation Prevention
Laws of agency
Law of contracts
• Why most firms utilize litigation as…
The best way to deal with legal disputes is to avoid them in…
Supply chain professionals act as agents for their firm
Body of law that governs oral and written agreements
o Disputes usually resolved more effectively ... o Lawsuits alie…
Litigation Prevention
The best way to deal with legal disputes is to avoid them in…
Laws of agency
Supply chain professionals act as agents for their firm
39 terms
Supply Operations Management
Forecasting
Forecasting Time Horizons
Economic Forecasts
Technological Forecasts
The art and science of predicting future events... -Makes bette…
-Short-range forecast - span of up to 1 year but is generally…
Predicting inflation rates, money supplies, housing starts an…
Rate of technological progress
Forecasting
The art and science of predicting future events... -Makes bette…
Forecasting Time Horizons
-Short-range forecast - span of up to 1 year but is generally…
32 terms
Supply Management Exam 1
A supply chain consists of the flow of…
SC members are connected by transprota…
Vertically integrated firm, focus on s…
Focus on core competency; long term tr…
-raw materials manufacturers ... -component & intermediate manuf…
info, planning, and intergration activities
Old Paradigm
New Paradigm
A supply chain consists of the flow of…
-raw materials manufacturers ... -component & intermediate manuf…
SC members are connected by transprota…
info, planning, and intergration activities
11 terms
Supply Chain Management Vocabulary
ABC classification
distribution channel
distribution center
logistics
classification of a group of items in decreasing order of ann…
distribution route from raw materials through consumption, al…
location used to store inventory
obtaining, producing, distributing material and product in pr…
ABC classification
classification of a group of items in decreasing order of ann…
distribution channel
distribution route from raw materials through consumption, al…
39 terms
Supply Management Exam 1
What is a supply chain?
Supply chain members are....
Upstream Flow
Downstream
A ............ consists of the flow of products and services…
are connected by transportation and storage activities, and i…
Direction of product and service flow, starting from raw mate…
Direction of recycling and returns, starting from consumers a…
What is a supply chain?
A ............ consists of the flow of products and services…
Supply chain members are....
are connected by transportation and storage activities, and i…
9 terms
Objectives of Supply Management
1
2
3
4
Improve the organization's competitive position
Provide an uninterrupted flow of materials, supplies, and ser…
Keep inventory investment and loss at a minimum
Maintain and improve quality
1
Improve the organization's competitive position
2
Provide an uninterrupted flow of materials, supplies, and ser…
157 terms
Supply Chain Management Glossary
Acquisition Costs
Assemble-to-Order (ATO)
ATO
Bar Code
Costs that have already been spent.
In this type of process, the products are assembled from stan…
Assemble To Order
Printed bars and white space that contain optical characters…
Acquisition Costs
Costs that have already been spent.
Assemble-to-Order (ATO)
In this type of process, the products are assembled from stan…
119 terms
Supply Chain Management Glossary
Acquisition Costs
Assemble-to-Order (ATO)
ATO
Bar Code
Costs that have already been spent.
In this type of process, the products are assembled from stan…
Assemble To Order
Printed bars and white space that contain optical characters…
Acquisition Costs
Costs that have already been spent.
Assemble-to-Order (ATO)
In this type of process, the products are assembled from stan…
26 terms
Ch 10 Supply Management
Supply Management
Purchasing
procurement
supply management
Identification acquisition and management of inputs and suppl…
operational
tactical
strategic
Supply Management
Identification acquisition and management of inputs and suppl…
Purchasing
operational
113 terms
Supply Chain Management
Procurement
Operations
Logistics
Reverse Logistics
branch responsible for acquiring product services
branch responsible for efficient effective processes
branch responsible for transportation and flow
management of products that flow backwards
Procurement
branch responsible for acquiring product services
Operations
branch responsible for efficient effective processes
155 terms
Supply Chain Management Midterm
A supply chain flows from
What is the Supply Chain
The Supply Chain is Connected by
The Supply Chain is Integrated through
Raw materials... Component (intermediate) manufacturers... Final Pr…
All activities associated with the movement and transformatio…
Transportation and Storage Activities
Information and Planning
A supply chain flows from
Raw materials... Component (intermediate) manufacturers... Final Pr…
What is the Supply Chain
All activities associated with the movement and transformatio…
25 terms
Supply and purchasing management
Purpose
Four factors determining the importanc…
Centralised purchasing
Decentralised purchasing
To provide right materials, services and equipment at reasona…
Greatest expenditure for the business, Inventory holding, Pro…
All purchasing and supply purchasing is done by the head offi…
Each branch of an organisation has their own purchasing depar…
Purpose
To provide right materials, services and equipment at reasona…
Four factors determining the importanc…
Greatest expenditure for the business, Inventory holding, Pro…
34 terms
Supply Chain Management
Supply Chain Management
Reverse Logistics Activities
Vertically integrated firms
Third-party logistic providers (3pl_
Supply chain management (SCM) is the oversight of materials,…
*Reverse logistics is the process of moving goods from their…
*When a company expands its business into areas that are at d…
providers play an essential role in hooking up shippers with…
Supply Chain Management
Supply chain management (SCM) is the oversight of materials,…
Reverse Logistics Activities
*Reverse logistics is the process of moving goods from their…
36 terms
SUPPLY CHAIN MANAGEMENT
buffer stock
DSD (direct store delivery)
factory gate price
СМ (category management)
буферный запас
товар прямой доставки
цена производителя
управление категориями
buffer stock
буферный запас
DSD (direct store delivery)
товар прямой доставки
68 terms
Supply Chain Management
Structural element
Infrastructural element
Mission statement
Business Strategy
Includes tangible resources such as buildings, equipment, and…
Includes the policies, people, decision rules, and organizati…
A statement that explains why an organization exists. It desc…
A mechanism by which a businesses coordinates its decisions r…
Structural element
Includes tangible resources such as buildings, equipment, and…
Infrastructural element
Includes the policies, people, decision rules, and organizati…
10 terms
Supply Chain Management Lecture 2
Push logistics strategy
Lean supply chain
Pull logistics strategy
Agile supply chains
Product is allocated and planned based on historical demand,…
A focus on eliminating all waste, including time, and ensurin…
Orders for stock are generated at the retail outlet level bas…
A supply chain strategy aimed at being responsive and flexibl…
Push logistics strategy
Product is allocated and planned based on historical demand,…
Lean supply chain
A focus on eliminating all waste, including time, and ensurin…
60 terms
Purchasing and supply management
An effective supply strategy primarily…
The key question in strategic supply m…
To effectively manage supply risks, th…
Supply strategies that are based on ch…
current and future needs to current and future markets
How can supply and the supply chain contribute effectively to…
identify and classify risks, assess the potential impact, and…
assurance-of-supply strategies.
An effective supply strategy primarily…
current and future needs to current and future markets
The key question in strategic supply m…
How can supply and the supply chain contribute effectively to…
307 terms
Supply Chain Logistics Management
What is used to identify value-adding…
What concept involves combining cans,…
What is concerned with determining the…
What seeks to coordinate the flow of m…
Product
Master Carton
Facility Network Design
Supply Chain Synchronization
What is used to identify value-adding…
Product
What concept involves combining cans,…
Master Carton
7 terms
Supply Chain Management
Kanban
Andon Cord
Kaizen
Heijunka
a method that controls the amount of work in process inventory
A system that enables a line worker to signal that he or she…
As an example of this philosophy, workers at Toshiba had note…
If an automotive assembly plant used this technique, the adja…
Kanban
a method that controls the amount of work in process inventory
Andon Cord
A system that enables a line worker to signal that he or she…
8 terms
SupplyChainManagement
8 r Definition
Logistik vs SCM
E-Logistik
Logistikkosten
richtige Ware... richtige Menge... richtige Informationen... richtiger…
Logistik: Gesamtheit aller Aktivitäten, die Beschaffung, Lage…
Unterstützung logistischer Geschäftsmodelle und Prozesse durc…
Externe Materialflusskosten; Wareneingang; Warenausgang, Tran…
8 r Definition
richtige Ware... richtige Menge... richtige Informationen... richtiger…
Logistik vs SCM
Logistik: Gesamtheit aller Aktivitäten, die Beschaffung, Lage…
44 terms
Chapter 7 Supply Management
Money is automatically drawn from the…
A recent trend in supply management is…
For the average manufacturer, over 50…
Company A spends $250 million purchasi…
True
False
True
False
Money is automatically drawn from the…
True
A recent trend in supply management is…
False
35 terms
lesson 1 in supply chain management
supply chain management
logistics
to ship goods
supplier
gestion de la chaine d'approvisionnement
logistique
expédier des marchandises
fournisseur
supply chain management
gestion de la chaine d'approvisionnement
logistics
logistique
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