several activities can occur in both materials management and physical distribution management. which one of the following activities occur in only one of these management areas? a. warehousing b. reverse logistics c. order processing or d. material handlin
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several activities can occur in both materials management and physical distribution management. which one of the following activities occur in only one of these management areas? a. warehousing b. reverse logistics c. order processing or d. material handling
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- The chapter presented various approaches for the control of inventory investment. Discuss three additional approaches not included that might involve supply chain managers.As a supply chain management student, you have completed key aspects of the disciplinethroughout your qualification. In this module, you learned about the operations of warehousemanagement and key decisions related to it. This question requires you to reflect on yourknowledge and understanding of warehouse management as a component of the supply chain.You are required to write a one-page report where you reflect on:• The role of warehouse management as a critical component of supply chain management.• Your opinion of warehouse management in creating a competitive advantage for a supplychain.• Your experience of learning the discipline of warehouse management. i.e., which sections ofthe module did you enjoy learning the most and which sections were more challenging tograsp?• From what you have learned, through your qualification, do you think technology can helpan organisation enhance operations or do you think that by taking away the human element(operating machinery), the increased…Discuss what is the relationship between demand management, customer service and order management?
- Supply Chain includes four generic processes from planning to purchase to ___to distribution of products and services O a. Production O b. Marketing O c. Transport O d. SupplyWhich of the following descriptions best describe the role of a supply chain? Select one: a. The role varies based on the nature of the environment, but can include sourcing, production, marketing, sales, after-sales service, and the acceptance of risk and responsibility for the product. b. The logistics of an organization's distribution strategy. c. Physical distribution and payment collection. d. The role varies based on the nature of the environment, but can include physical ownership, payment collection, and the inclusion of after-sales service, but never involves risk or responsibility for the product.The value chain incorporates: Select one: of O a. distinct divisions between entities in the supply chain. O b. the concept of vertical integration. O c. channels of distribution that reach the ultimate customer.
- What is a “supply chain,” and how are supply chains related to justin-time inventory procedures?Michael Porter’s Value Chain Framework All five primary activities are essential in adding value and creating a competitive advantage and they are:Inbound logistics: arranging the inbound movement of materials, parts, and/or finished inventory from suppliers to manufacturing or assembly plants, warehouses, or retail storesOperations: concerned with managing the process that converts inputs (in the forms of raw materials, labor, and energy) into outputs (in the form of goods and/or services).Outbound logistics: is the process related to the storage and movement of the final product and the related information flows from the end of the production line to the end user.Marketing and sales: selling products and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large.Service: includes all the activities required to keep the product working effectively for the buyer after it is sold and…E-commerce has tremendous impact on the supply chain because of the ________________________ a. All of the choices b. Retail supplier c. Basic channels of distribution d. Additional new channels of distribution
- conceptualize the following concepts 1. Information technology in supply chain management 2 Integration of information technologies within the supply chain management 3. Supply chain Automation 4.Benefits of using system automation in Supply Chain managementCommodity products have a better strategic fit with a. Responsive supply chains b. Customer focused supply chains c. Hghly automated supply chains d. Efficient supply chainsExplain why each of these is critical for a successful supply chain operation:b. Information sharing