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Details

SCM Test 2 AAA Supply Chain Performance
AAA Supply Chain Performance
7
Business
Undergraduate 3
05/24/2010

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Cards

Term
Agile
Definition
they respond quickly to sudden changes in supply or demand
Term
Agile Trends and Implications
Definition

o   Trends: increasing product variety proliferation

o   Implications: uncertainty drives need for flexibility

Term
More Agile Facts
Definition

o   They handle unexpected external disruptions smoothly and cost-efficiently

o   They recover promptly from shocks such as natural disasters, epidemics, and computer viruses

o   Responsive to uncertain demands

o   Robust to unexpected external disruptions

o   To avoid shortages, dell used demand management to balance supply and demand

Term
Adaptable
Definition

·         they evolve over time as economic progress, political shifts, demographic trends, and technological advances reshape markets

Term
Adaptable trends and implications
Definition

o   Trends: shortening product and technology cycles

o   Implications: dynamic instead of static supply chains

Term
Aligned
Definition
they align the interests of all participating firms in the supply chain with their own
Term
Aligned Trends and Implications
Definition

o   Trends: vertical integration to outsourcing

o   Implications: differential interests of multiple players

o   Each player maximizes its own interests, it optimizes the chain’s performance as well

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