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12 flashcardsby kehnayze
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1
Main supply chain goal?
Maximize total profitability
2
Supply chain surplus formula?
Customer value - supply chain cost
3
What flows through a supply chain?
Products, information, funds
4
3 supply chain decision phases?
Strategy, planning, operations
5
Strategy timeframe?
Years
6
Planning timeframe?
Months to a year
7
Operations timeframe?
Days or weeks
8
Strategy decision example?
Facility location or outsourcing
9
Push process?
Before orders; forecast-based
10
Pull process?
After actual customer orders
11
Cycle view vs push/pull view?
Stages interacting vs order timing
12
3 supply chain macro processes?
CRM, ISCM, SRM
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