SupplyChain

Safety stock inventory

________ and supply flexibility can be employed as shock absorbers to help maintain the balance when unexpected occurrences alter the operations plan.

supply chain links

All ________ are interconnected and disruption with one will impact all.

Supply chain managers

________ must also develop pricing, shipping, delivery, and payment processes with suppliers and creating metrics for monitoring and improving the performance.

Supply Chain

Every link (company) in the ________ is both a Customer of their Suppliers and a Supplier to their Customer.

visibility

Improving ________ and collaboration to combat increasing demand volatility and forecast inaccuracy.

1950s

The basic concept of supply chain management goes back to the ________ and has evolved significantly over time from initially being almost exclusively internally focused to now embracing collaboration and strategic partnerships with external trading partners.

Tier

________ 1 Suppliers means that you have a direct relationship with that supplier.

Flexibility

________ is another shock absorber for both demand and supply variability.

Consumer

________ is the person who actually ________ the product, but a Customer could be a reseller like a bodega.

Supply chains

________ exist in the service industry.

Supply chain models

________ for service products operate differently from that of physical products as service products can not be produced in advance or inventoried, and the frequently the customer of a service product provides the tangible item that will receive the service.

Quality management

________ is an important aspect of the manufacturing process.

Inventory

________ is a type of shock absorber for both demand and supply variability.

Collaborative Planning

________, Forecasting and Replenishment: process where supply chain trading partners can jointly plan key supply chain activities from production to final product.

Supply chain management

________ provides value for both internal and external customers.

Supply chain planning

________ and execution can be viewed as two mirror image processes complementing one another: planning and procurement followed by execution and order fulfillment.

Total Quality Management

________: a management approach to improve processes, goods, services, and the culture in which they work.

supply chain

A(n) ________ is the global network used to deliver products and services from raw materials to customers through an engineered flow of information, physical products, and cash.

Flexibility

________ might mean having extra capacity.

supply chain management

Deliver, is the part of the ________ that oversees the planning and execution of giving the product to customers.

supply chain

The product is pushed through the ________ toward the customer based anticipated need.

supply chain

Producing and delivering products and services requires suppliers, manufacturers and customers: all of which make up a(n) ________.

supply chain

The type of products a company is producing, functional or innovative, is one of the major considerations for determining which model is best suited for that ________.

supply chain

There are various points in the ________ to meet customer requirements.

supply chain

The process facilitates the flow of information, orders, products, and funds along the ________.