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Which characteristic of high quality data ensures that the data is portable and readable by multiple systems : Transferability (T/F) Companies are actively investing in supply chain technology to enhance the customer experience and support growth. : True This software extracts data from oper...

What is procurement? : process of actually purchasing goods and services How does procurement differ from strategic sourcing? : Procurement operations support tactical day-to-day transactions such as issuing purchase orders to suppliers, whereas strategic sourcing represents to strategic plan...

Supply chain management : the art of managing the flow of materials and products, information, and financial resources from source to user Who are the key participants and the primary processes in a supply chain : - Suppliers - Manufacturers - Distributors - Retailers - Consumers (most i...

What is procurement? : The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality What is strategic sourcing? : an institutional procurement process that continuously improves and reevaluates the purchasing activities of a company What is the ...

What is a supply chain? : a collection of organizations, people, activities, information, and resources who is involved in the supply chain? : customers, retailers, manufacturers, and suppliers what is supply chain management? : All the activities that take place to get a product in your hands ...

T/F: supply chains are not really linear linked chains, they are actually networks of related organizations that serve customer requirements : true which of the following is not a primary flow in a supply chain product information financial resources equipment : equipment T/F: managing a s...

supply chain technology goals : 1. automated decision making 2. exception management 3. cross-chain visibility 4. planning and execution infrastructure ***underneath have: - scorecards & dashboards - automated data collection - data synchronization - supply chain expertise then - synchro...

According to the Module 1 readings, what benefit is achieved by supply chain integration? A. reduced facility investment B. greater demand planning accuracy C. greater equipment utilization D. rationalized product handling : B. greater demand planning accuracy According to the Module 1 readi...

what are the key supply chain data requirements : 1. Accurate 2. Accessible 3. Relevant 4. Timely 5. Transferable 6. Reliable 7. Usable what are the goals of supply chain planning : solutions support the forward-looking process of coordinating assets to optimize the delivery of goods, ser...

what is scm : The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? : suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? :...

What is Supply Chain Management? : the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) : It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2....

what are the key supply chain data requirements : 1. Accurate 2. Accessible 3. Relevant 4. Timely 5. Transferable 6. Reliable 7. Usable what are the goals of supply chain planning : solutions support the forward-looking process of coordinating assets to optimize the delivery of goods, ser...