SCMN 2150 Final Exam Latest Update Graded A+

SCMN 2150 Final Exam Latest Update Graded A+ 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 - synchronized tools (technology), standard methods (process), relevant skills (people) SCM Software - enterprise resource planning application - supplier relationship management - customer relationship management - decision support systems - supply chain planning - supply chain execution - event management and visibility - business intelligence enterprise resource planning (ERP) business management software, usually a suite of integrated applications, that a company can use to collect, store, manage and interpret data from many business activities transport management system (TMS) functional reference model and domains - organizes strategic (at top), tactical (second), and operations (on bottom) **operations organized into sub categories: planning, execution, vehicle, finance critical capabilities of supply chain technology requirements of technology (all supply chain information): - accurate - timely - portable - reliable - relevant - accessible - portable how much money is spend on supply chain software? $10 billion what type of software facilities does the day-to-day operations of a distribution center or factory use? execution software planning software software used for project planning, scheduling, resource allocation and change management and allows project managers (PMs), stakeholders and users to control costs and manage budgeting, quality management and documentation execution software helps obtain materials and manage physical flows from suppliers through downstream distribution to ensure that customers receive the right products at the right location, time, and cost analytics software software that utilizes a firms data to help managers who are not computer experts make decisions