which one of the following is not directly related to a supply chain course hero

What is supply chain management?

Apr 04, 2015 · E ) Supply management can work collaboratively with suppliers to discover opportunities to lower costs , which ultimately improves the bottom line. 60 . Which of the following is not one of The Four Phases of Supply Management ? A ) Generation of Requirements. B ) Sourcing. C ) Pricing. D ) Profit Sharing.

What has slowed the growth of Supply Chain Management?

Check the answer below. A. The eight key supply chain management processes include; customer relationship management, supplier relationship management, customer service management, demand management, order Fulfilment, manufacturing flow management, procurement, product development and Commercialization as well as returns management. Therefore ...

What are the fundamental areas of Management in Supply Chain Operations Management?

C) a make or buy decision. The management of supply chains and supply networks are responsible to provide two fundamental decisions in the management of supply chain tasks, ________ and the choice of supplier. A) execute a buy decision. B) the target cost of the material procured. C) a make or buy decision.

What are the components of supply chain?

38. Which of the following statements concerning supply chain strategy is NOT correct? A. Supply chains are too complex to achieve sustainable competitive advantage for the entire supply chain. B. Supply chain strategy applies from the ultimate customer back to the suppliers to your suppliers. C. The capabilities of customers also factor into ...

Which of the following is not part of a supply chain?

Q.Which of the following is not a part of supply chain management system?B.manufacturerC.information flowD.competitorAnswer» d. competitor1 more row

What are the 5 types 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.Aug 31, 2020

What are the types of supply chain?

Six Types of Supply Chain ModelsThe Continuous Model.The Fast Model.The Efficient Model.The Agile Model.The Custom-Configured Model.The Flexible Model.About IDB.FB.More items...

What is supply chain profitability?

The difference between revenue from selling the PC and the supply chain cost represents the supply chain surplus or supply chain profitability. Supply chain surplus is the total profit shared by all the stages and intermediaries. The greater the supply chain surplus, the more successful the supply chain.

What are the 3 types of supply chain?

Understanding the Three Levels of Supply Chain ManagementStrategic Level. The top-level of supply chain management is responsible for the long-term decisions of the company. ... Tactical Level. ... Operational Level.Dec 16, 2020

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. Supply managers need to craft supply strategies that reflect the unique needs of each phase.Feb 26, 2018

What are the 4 components of supply chain management?

What are the components of your supply chain you should be focusing on right now?INTEGRATION. Integration starts at your strategic planning phase and is critical throughout your communications and information sharing and data analysis and storage. ... OPERATIONS. ... PURCHASING. ... DISTRIBUTION.

What are the main two types of supply chain?

The 2 Types of Supply ChainsReactive Supply Chain StrategyData-Driven Supply Chain StrategyOperational improvements based on guesswork or imitating competitorsA data-driven approach helps even best-in-class manufacturing operations find new ways to improve efficiency[iii]5 more rows

What are the 6 supply chain models?

Supply Chain Models in BriefThe “Efficient” Supply Chain Model. ... The “Fast” Supply Chain Model. ... The “Continuous-Flow” Supply Chain Model. ... The “Agile” Supply Chain Model. ... The “Custom-Configured” Supply Chain Model. ... The “Flexible” Supply Chain Model.

Which of the following does not affect the supply chain process?

Answer is "Longer Product Lifecycles"

What are supply chain costs?

Supply chain costs are defined as costs that constitute a considerable percentage of the total sales price of a product or service. Manufacturers usually define supply chain costs using the total cost of ownership.May 5, 2020

What are the three key supply chain decision phases?

For this reason, a decision support system is hereby proposed to be able to pool data from the 3 main decision phases of a Supply Chain Management, namely: (1) supply chain design (Strategy) phase, (2) decision in supply chain management (Planning) phase, and (3) operational level (Operation) phase.

What is supply chain?

The supply chain is a network of manufacturers and service providers that work together to convert and move goods from the raw materials stage to the end user. True. To participate in a supply chain, a firm must actually handle the physical goods at some point. False.

What is electronic commerce?

can improve the speed and quality of business communication. The collection of people, technology, and systems within an organization that has primary responsibility for providing the organization's products or services is. the operations function.

What is supply chain management?

Supply chain management is a way of viewing operations management. Supply chain management has grown as a result of a focus on core competencies. Supply chain management is about making the most of relationships with suppliers. Globalization has slowed the growth of supply chain management.

What is the purpose of operations management?

Efficient and productive operations drive the economic well-being of nations. Operations management is responsible for much of the value created by organizations. Operations management is a key source of competitive differentiation among firms.

What is the key customer?

To an operations manager, the "key customer" is: The person who has the greatest impact on design, sales, and growth opportunities for the product. Jones Manufacturing sells a part to Lear Corporation. Lear puts this part into a radio, which Lear then sells to Ford.

What is operational planning?

Define operational planning. A type of planning that establishes short-term priorities and schedules to guide operational resource allocations. Define strategic planning. A type of planning that addresses long-term decisions that define the operations objectives and capabilities for the firm and its partners.