Term
|
Definition
| management of all activities that facilitate the fulfillment of a customer order for a manufactured good |
|
|
Term
| 3 views of value/supply chains |
|
Definition
| Input/Output View, Pre and Post Services View, Typical Goods-Producing Supply Chain Structure |
|
|
Term
|
Definition
| supplier to consumer (what goes in to make the product and what comes out) |
|
|
Term
| Pre and Post services view |
|
Definition
| gaining a customer and keeping the customer (before and after product) |
|
|
Term
| Typical Goods-Producing supply chain structure |
|
Definition
| supplier to manufacturer to consumer |
|
|
Term
| SCOR (Supply Chain Operations Reference Model) |
|
Definition
| 1) Plan, 2) Source, 3) Make, 4) Deliver, 5) Return |
|
|
Term
|
Definition
| firm specializes in certain types of goods-producing activities, such as customized design or manufacturing |
|
|
Term
| EMS (Electronic Manufacturing System) |
|
Definition
| term used for companies that design services for electronic components of a product |
|
|
Term
|
Definition
| delaying product customization until product is closer to customre at the end of the supply chain |
|
|
Term
|
Definition
| process of managing geographically dispersed service-providing facilities |
|
|
Term
|
Definition
| managing the flow of finished goods that may be unusable or discarded through the supply chain from customers aka returns |
|
|
Term
| Sustainable supply chains |
|
Definition
| green supply chain that uses environmentally friendly inputs |
|
|
Term
|
Definition
| order amplification in the supply chain where each member of a supply chain "orders up" to buffer their own inventory ex. Diapers at walmart |
|
|
Term
| 4 main locations for supply chains |
|
Definition
| global, regional, community, local |
|
|
Term
|
Definition
| best place to place a warehouse using X and Y coordinates, and remember there are limitations ex. Mountain, ocean, railroad |
|
|
Term
|
Definition
| efficient distribution system allowing a company to operate with lower inventory levels |
|
|
Term
| VMI (Vendor Managed Inventory) |
|
Definition
| becoming popular where the seller manages inventory for the customer and tells the supplier |
|
|
