Flashcards : Fundamentals of Supply Chain Management — 24 cartes

Network of entities delivering products/services from origin to customer.

Physical, information, and fund flows.

Includes product returns for recycling, remanufacturing, disposal.

Satisfy customer needs and generate profit.

Sustainability, environmental, and social considerations.

Strategic, tactical, and operational decisions.

Responsiveness prioritizes speed; efficiency prioritizes cost reduction.

Aligning supply chain capabilities with competitive strategy.

Predict future demand for planning and decision-making.

Make-to-Stock, Assemble-to-Order, Configure-to-Order, MTO, ETO.

Supports inventory, capacity sizing, and logistics planning.

Integrate environmental and social responsibility into SCM.

Product development, marketing, operations, distribution, finance, customer service.

Coordinate movement of goods, data, and payments.

Product returns, recycling, remanufacturing.

Maximize profitability through efficient flow management.

Green sourcing, eco-friendly manufacturing, circular economy.

Cycle view and push/pull view.

High flexibility, quick delivery, higher costs.

Cost minimization, longer lead times, economies of scale.

Ensures supply chain supports competitive strategy.

Short-term, medium-term, long-term.

Affect responsiveness, cost, and service levels.

Based on demand forecasts, inventory, and capacity needs.