Which of the following is included in the supply chain?
The entities in the supply chain include producers vendors warehouses transportation companies distribution centers and retailers. The functions in a supply chain include product development marketing operations distribution finance and customer service.
Which of the following are part of the five basic supply chain activities select five?
Supply chain management has five key elements—planning sourcing raw materials manufacturing delivery and returns.
Which of the following is not one of the five basic components of supply chain?
The correct answer is Cost.
Which of the following is a main business area of supply chain management?
While supply chain is a very broad career field it has 7 primary functional areas: Purchasing Manufacturing Inventory Management Demand Planning Warehousing Transportation and Customer Service.
What are the four 4 stages of supply chains?
There are four customary stages in a product’s life cycle: the introductory phase the growth phase the maturity phase and the decline phase. Each phase is markedly different and often requires different value chains.
What are the 4 components of supply chain management?
What are the 5 basic components of supply chain management?
Which of the five basic supply chain activities do you support customers and product returns?
Plan source make deliver and return are the five basic supply chain management components. In the basic supply chain source refers to building relationships with suppliers to procure raw materials. In the basic supply chain return refers to supporting customers and product returns.
Which of the following are included in the basic supply chain activities?
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.
What are the five major components of logistics?
- Storage warehousing and materials handling.
- Packaging and unitisation.
- Information and control.
What are the three main components of a supply chain?
Generally the key aspects of Supply Chain management are Purchasing (sourcing) Planning (scheduling) and Logistics (delivery).
What is the delivery component of supply chain management?
Delivery. Also called logistics this component encompasses all the steps for processing customer orders distributing them and transporting them. Warehousing and inventory or paying a service provider to manage both are also included in this stage.
Where does procurement fit in the supply chain?
In the overall supply chain process procurement stops once the company possesses the required materials or services. The main objective of the procurement is to ensure the buyer receives goods or services at the best possible price when aspects such as quality quantity time and location are compared.
What are the examples of supply chain management?
Examples of supply chain activities include farming refining design manufacturing packaging and transportation.
How do businesses contribute to the supply chain?
Increases Profit Leverage – Firms value supply chain managers because they help control and reduce supply chain costs. This can result in dramatic increases in firm profits. … Increases Cash Flow – Firms value supply chain managers because they speed up product flows to customers.
What is the order of chain of marketing?
The marketing supply chain is often made up of partners inside and outside of the organization – such as brand managers marketing services agencies direct sales teams buyers printers fulfillment houses and many others.
What are the supply chain stages?
- Original sourcing or extraction of raw materials.
- Refining or manufacturing materials into basic parts.
- Assembling basic parts into finished products.
- Selling finished products to end users.
- Delivering finished products to end users or consumers.
What are the two 2 stages in a supply chain?
This model involves three major supply chain stages including procurement production and distribution and their interactions.
What is the sequence of a typical manufacturing supply chain?
|Q.||Question2 The sequence of a typical manufacturing supply chain is|
|Answer» b. Supplier–Storage-manufacturing–storage–distributor–retailer–customer|
What is the most important part of the supply chain?
Production is one among the most important aspects of this system. It is only possible when all the other components of the supply chain are in tandem with each other. For the process of production to start it is essential that proper planning and supply of goods as well as the inventory are well maintained.
What is supply chain flow chart?
What are the major components of a supply chain?
- Component 1: Planning. …
- Component 2: Sourcing. …
- Component 3: Inventory. …
- Component 4: Production and Transportation. …
- Component 5: Return of Goods.
What are the five supply chain activities?
Supply chain management involves five main functions: aligning flows integrating functions coordinating processes designing complex systems and managing resources.
How do you manage supply chain effectively?
- Find Dependable Suppliers. One cannot emphasize enough the importance of finding the right suppliers. …
- Invest in Employee Development. …
- Continuous Improvement. …
- Leverage New Technologies. …
- Improve Returns Management.
What is the purchasing of goods and services to meet the needs of the supply chain?
Transcribed image text: What is procurement? Multiple Choice The purchasing of goods and services to meet the needs of the supply chain Includes the processes that control the distribution maintenance and replacement of materials and personnel to support the supply chain.
What helps an organization identify its customers across applications group of answer choices?
–CRM reporting technologies help organizations identify their customers across other applications.
What are the factors influencing supply chain management in the Organisations?
The major factors identified as supply chain structure inventory control policy information sharing customer demand forecasting method lead time and review period length. The optimum selection of parameters of these factors improves the supply chain performance.
What stage is important in supply chain management?
Which company has the best supply chain management?
The Gartner Top 25 Supply Chain Companies for 2021.
|3||Johnson & Johnson||5.22|
What is a customer order cycle time?
This measure calculates the average cycle time in days (including weekends) between order placement by the customer and order delivery to the customer for primary products. Customer Order Cycle Time is equal to Source Cycle Time plus Make Cycle Time plus Deliver Cycle Time).
What is customer service logistics?
It’s all about retaining your customers and sending them away happy – happy enough to pass positive feedback about your company to others. The essence of customer service in logistics is forming a relationship that customers want to sustain over time.
What are the elements of customer service in logistics?
Logistics customer service is a part of a firm’s overall customer service offering customer service elements that are specific to logistics operations including fulfillment speed quality and cost. The term fulfillment process has been described as the entire process of filling the customer’s order.
What is logistics in supply chain management?
Logistics management is that part of supply chain management that plans implements and controls the efficient effective forward and reverses flow and storage of goods services and related information between the point of origin and the point of consumption in order to meet customers’ requirements.
What is supply chain purchasing?
Supply Chain Opz characterizes Purchasing as such: “Purchasing refers to the process by which a company contracts with third parties to obtain goods and services required to fulfill its business objectives in the most timely and cost-effective manner”
Retail Management – Retail Supply Chain
Customer Service | Supply Chain Management
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Phân tích Chuỗi Cung Ứng (Supply Chain) ngành cà phê Brazil.