Which one of the following best describes a supply chain?

Which of the following best describes a supply chain? … A supply chain is a network of organizations and business processes for procuring raw materials, transforming these materials into intermediate and finished products, and distributing the finished products to customers. You just studied 139 terms!

What is a unique feature of integrated logistics?

A unique feature of integrated logistics. complexity & scope of operations. Basic logistics service is a concept that. describes the level of service provided to all established customers. You just studied 25 terms!

Which of the following is the best simple definition for supply chain management?

what is the best definition of supply chain management? the strategic coordination of business functions within and throughout an organizations supply chain to integrate supply and demand.

Which of the following is a supply chain management process?

What is supply chain management (SCM)? Supply chain management is the process of delivering a product from raw material to the consumer. It includes supply planning, product planning, demand planning, sales and operations planning, and supply management.

Which customer accommodation approach requires a comprehensive supply chain perspective on the part of logistics executives?

Price. Which customer accommodation approach requires a comprehensive, future-oriented supply chain perspective on the part of executives? Customer success.

What is a characteristic of supply base reduction volume consolidation )?

Supply base reduction (volume consolidation) Has potential benefits for suppliers as well as for buyers. Value management: Includes value engineering, reduced complexity, and early supplier involvement to reduce TCO.

What are the five processes of supply chain?

The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.

What is supply in supply chain management?

A supply chain is the network of individuals, companies, resources, activities, and technologies used to make and sell a product or service. A supply chain starts with the delivery of raw materials from a supplier to a manufacturer and ends with the delivery of the finished product or service to the end consumer.

What are the different stages of supply chain integration?

Four stages to building an effective supply chain network
  • Stage 1: Supply Management. The most basic stage, built around an internal MRP system that is lead-time driven. …
  • Stage 2: Supply Chain Management. …
  • Stage 3: Supply Chain Integration. …
  • Stage 4: Demand-Supply Network Collaboration.

What are the 8 supply chain processes?

The Supply Chain Management Process includes the building blocks of Supply Chain Management are Strategic Planning, Demand Planning, Supply Planning, Procurement, Manufacturing, Warehousing, Order Fulfillment and Transportation business processes.

What are the 4 elements of supply chain management?

Supply chains are composed of four major elements: procurement, operations, distribution, and integration. Supply chain management should not be seen as appropriate only for large businesses.

What is supply chain planning process?

Supply chain planning is the process of planning a product from raw material to the consumer. It includes supply planning, production planning, demand planning, and sales and operations planning. … It considers the resource allocation of employees, materials, and of production capacity.

What are the 3 foundations of supply chain?

Generally the key aspects of Supply Chain management are Purchasing (sourcing), Planning (scheduling) and Logistics (delivery).

What are the 6 components of supply chain management?

The following are the six components of supply chain management.
  • Planning. Planning is the first and most essential element of supply chain management. …
  • Sourcing. The second component of supply chain management is sourcing. …
  • Making. …
  • Delivering. …
  • Returning. …
  • Enabling.

How core process differ with support process in supply chain?

The main difference between support and core processes is that support processes add value to internal customers and do not directly deliver value to external customers, while core processes do.

What are the 3 types of supply chain strategies?

Supply chain management operates at three levels: strategic, tactical, and operational.

What are the three most important functions in supply chain management?

Supply chain management involves five main functions: aligning flows, integrating functions, coordinating processes, designing complex systems, and managing resources.

What is a support process?

Supporting processes accompany the “primary processes”, which do not typically result in final products of the organization, but rather indirectly contributes to the value added. Documentation, configuration management, verification, training and audit process are all supporting processes.

What is core and support process?

There are two types of business processes, core and supporting. Core processes are those processes, which are part of the core business and deliver customer value. For example, a core process for a manufacturer might be to deliver parts. Supporting processes are those processes that support the core processes.

What is core processing process?

Core processes are those processes of an organization whose object is the production of goods or provisioning of services to the customers. Service Management. Production Management. Process Management.

What are the 3 types of processes?

Business Process Design – Three Types of Business Processes
  • Operational process.
  • Supporting process.
  • Management process.

Which of the following is an example of supporting process?

Examples of supporting or management processes include accounting, HR management and workplace safety. One key differentiator between operational and support processes is that support processes do not provide value to customers directly.

What is an example of a process?

The definition of a process is the actions happening while something is happening or being done. An example of process is the steps taken by someone to clean a kitchen. An example of process is a collection of action items to be decided on by government committees.

What are the five process types?

Typically, products or services are generated or produced using one or more of the industry-recognized five process types: Job Shops, Batch, Repetitive, Continuous, and Project.