Are you familiar with supply chain management? The primary goal of supply chain management is to create a supply chain that successfully achieves the proper order, which entails the right goods at the right place and time with the correct invoicing. Supply chain management represents an effort to run supply chains in the most efficient way possible. Look no further than this quiz if you are interested in supply chain management.
Repairs
Disposal
Recycling
Quality control
It should be done once a year
It should be conducted by the supply chain leadership
It is more accurate for groups than for individual items
It is better to under-forecast rather than over-forecast
Customer to producer to supplier
Producer to customer to supplier
Supplier to producer to customer
Customer to supplier to producer
A focus on managing long term supplier relationships
A marketing philosophy based on putting the customer first
Managing customers to promote your products
Transactional guidelines when dealing with customers
Increasing profitability and return to shareholders
Providing multiple variants of products for customers
Making transaction processing more efficient
Developing more accurate forecasts
A computer model to determine available supply-chain capacity.
A system for long-range planning of revenues and costs
A process that provides management the ability to strategically direct its business to achieve a competitive advantage on a continuous basis
A technique devised by Toyota to optimize operations
W. Edwards Deming
J.M. Juran
Eli Goldratt
Oliver Wight
Allocate responsibility for cost, risk and ownership between buyer and seller
Specify delivery terms and conditions
Fix the price and delivery of a shipment at an agreement date
Determine allocation of risk and cost between buyer and seller
To maintain independence of operations
To take advantage of economic purchase-order size
To make the system less productive
To meet variation in product demand
Turn over
Purchase order
POS
Reorder points
Standard Operations Planning
Sales and Operations Planning
Supply and Operations Planning
Supply and Operations Planning
Service and Operations Process
Introduction
Growth
Maturity
Decline