StratMan(Ch4) at Notre Dame Of Marbel University | Flashcards & Summaries

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Lernmaterialien für StratMan(Ch4) an der Notre Dame of Marbel University

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it looks at every phase of the business from the time of procurement of raw materials to the time it's products which is eventual and users or consumers
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Value chain
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It is concretized in supply chain management
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Value Chain
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Is a broad continuum of specific activities employed by a company
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Supply chain management
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It includes the sourcing ordering and inventory story of raw materials parts and services
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Purchasing or supply management
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Also known as manufacturing and assembly
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Production and operations
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Which is efficient warehousing, inventory tracking, order entry, management, distribution and delivery to customers
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Logistics
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Which include promoting and selling to customers
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Marketing and sales

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Other term for procurement
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Purchasing
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It is a key business function. It is a term used for purchasing
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Supply management
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to obtain the right materials by meeting quality requirements in the right quantity, for delivery at the right time, and the right place, from the right source, with the right service, and at the right place
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Goal of supply management
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To buffer uncertainty. it includes all purchase materials and this partially completed materials and component parts and finished goods.
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Inventory Management
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is a general term that refers to a sequence of interlink undertaking that an organization operating in a specific industry engages in.
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Value Chain Analysis
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Beispielhafte Karteikarten für deinen StratMan(Ch4) Kurs an der Notre Dame of Marbel University - von Kommilitonen auf StudySmarter erstellt!

Q:
it looks at every phase of the business from the time of procurement of raw materials to the time it's products which is eventual and users or consumers
A:
Value chain
Q:
It is concretized in supply chain management
A:
Value Chain
Q:
Is a broad continuum of specific activities employed by a company
A:
Supply chain management
Q:
It includes the sourcing ordering and inventory story of raw materials parts and services
A:
Purchasing or supply management
Q:
Also known as manufacturing and assembly
A:
Production and operations
Mehr Karteikarten anzeigen
Q:
Which is efficient warehousing, inventory tracking, order entry, management, distribution and delivery to customers
A:
Logistics
Q:
Which include promoting and selling to customers
A:

Marketing and sales

Q:
Other term for procurement
A:
Purchasing
Q:
It is a key business function. It is a term used for purchasing
A:
Supply management
Q:
to obtain the right materials by meeting quality requirements in the right quantity, for delivery at the right time, and the right place, from the right source, with the right service, and at the right place
A:
Goal of supply management
Q:
To buffer uncertainty. it includes all purchase materials and this partially completed materials and component parts and finished goods.
A:
Inventory Management
Q:
is a general term that refers to a sequence of interlink undertaking that an organization operating in a specific industry engages in.
A:
Value Chain Analysis
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