MSSC CLA Practice 1 (2023)

MSSC CLA Practice 1 (2023) Supply Chain - ANS-A network of connected facilities, transportation lanes and information systems Supply Chain Logistics - ANS-The link betweek facilities within the supply chain and the flow and reverse flow and storage of goods, services and related information Global Supply Chain Logistics - ANS-The process of moving materials and information across international boundaries within a global network of connected facilities Supply Chain Logistics Life Cycle - ANS-A product moving through the supply chain logistics process from the beginning to end of a product's life Raw Materials Inventory - ANS-Materials ready for use in production Work in Process inventory - ANS-All the materials currently being processed Finished goods inventory - ANS-All the materials ready for storage or shipment In-transit inventory - ANS-Products that are in the process of being transported from a supplier to a customer Customer - ANS-Drives the supply chain logistics process Supply - ANS-Sourciing and building product inventory Warehouse Distribution Center - ANS-Focuses on recieving, stocking, order processing and shipping Receiving - ANS-Identifying goods, inspecting for correct quality and quantity using the bill of lading Stocking - ANS-Assigning products to the proper location within the warehouse Cross docking - ANS-Goods are transferred directly from the incoming vehicle to the outgoing vehicle without being placed in storage Order processing - ANS-Assembling products from various locatins for a specific customer order Picking - ANS-Order is picked from various areas and sent to shipping area for staging Loading or staging area - ANS-T....