SCM 300 Exam 1 Modules 1-4 (Davila) (2025)
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Terms in this set (135)
Supply Chain the management of the chain of supplies
Management
buy it -> make it -> move it SCM Flows/Strategy
-> sell it -> service it
1. cost Competitive Priorities
2. quality
3. speed/time
4. flexibility
value (what i get/price) customers perspective
productivity (what i organization perspective
make/cost)
1. Procurement SCM Key Components
2. Operations
3. Logistics
process of obtaining services, supplies, and
Procurement (buy it)
equipment in conformance with corporate regulations
makes business processes effective and efficient. They
Operations (make it) help the organization create high quality products/
services using the fewest resources
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, 9/29/25, 6:51 PM SCM 300 Exam 1 Modules 1-4 (Davila) (2025) Exam Questions & Answers | Latest Already Graded A+ UPDATE 2025|2026!! Flash…
developing the transportation itinerary and finding
reliable transportation and storage partners, to be
Logistics (move it)
able to navigate the flow of materials to the final
destination
purchasing -> production - The Supply Chain
> distribution -> retail sales
The efficient integration of SCM Def
the Supply Chain
satisfy the customer, Successful SC Manager
satisfy the company,
consider the future
sustainable long term Corporation Goals
profits and maimize ROI
Reverse Logistics reuse of production and materials
a company's direct supplier. A firm that directly
1st Tier Suppliers
provides goods and/ or services to a company
a firm provides goods and/ or services to a
2nd Tier Suppliers
company's first-tier supplier
direction in which products flow towards an end
consumer. Direction is the right.
Downstream
Storage and consolidation/sorting
picking and packing, labeling
direction from customers to suppliers. Direction is the
Upstream left
central return center AKA reverse logistics activities
planning to purchase, transform, deliver, and sell
Business model
products with intent on making a profit
ability to see what is happening with inventory up and
Supply Chain Visibility
down a supply chain
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