Mnp2601 notes Study guides, Study notes & Summaries

MNP2601 MCQ Memo Bundle contains questions and answers from 2015 - 2021 with feedback and references where available. Case studies are also included.

CHAPTER 1 INTRODUCTION TO PURCHASING AND SUPPLY CHAIN MANAGEMENT  Understand the differences between purchasing and supply management  Understand the differences between supply chains and value chains  Identify the activities that are part of supply chain management  Appreciate the importance of supply chain enablers  Identify the historical stages of purchasing’s evolution Re-shoring involves bringing some sourcing back to the United States, while near-shoring involves ...

NOTES-SUMMARY

NOTES

Chapter 1 – The purchasing function in perspective DEFINE THE CONCEPT LOGISTICS (MAIN ELEMENTS) The part of SCM that plans, implements and controls the efficient, effective forward and reverse flow in storage of goods services and related information between the point of origin and point of consumption in order to meet customers’ requirements. Important activities included in logistics management are:  Traffic and transportation  Inventory management  Packaging and handling  Ware...

Chapter 1 – The purchasing function in perspective DEFINE THE CONCEPT LOGISTICS (MAIN ELEMENTS) The part of SCM that plans, implements and controls the efficient, effective forward and reverse flow in storage of goods services and related information between the point of origin and point of consumption in order to meet customers’ requirements. Important activities included in logistics management are:  Traffic and transportation  Inventory management  Packaging and handling  Ware...

Chapter 1 – The purchasing function in perspective DEFINE THE CONCEPT LOGISTICS (MAIN ELEMENTS) The part of SCM that plans, implements and controls the efficient, effective forward and reverse flow in storage of goods services and related information between the point of origin and point of consumption in order to meet customers’ requirements. Important activities included in logistics management are:  Traffic and transportation  Inventory management  Packaging and handling  Ware...

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