WGU C720 OPERATIONS & SUPPLY
CHAIN MANAGEMENT KEY CONCEPTS
Operations Management - ANS Converts inputs into outputs to add customer value.
Goal of Operations Management - ANS Maximize efficiency while adding value.
Strategy - ANS Organizational goals plus methods to compete.
Competitive Advantage - ANS Delivering what customers want better than competitors.
Ethics - ANS Right versus wrong. Unethical behavior causes long-term damage.
Sustainability - ANS Economic, Environmental, and Social responsibility.
Lean - ANS Cost reduction, stable demand, long life cycle.
Agile - ANS Speed, flexibility, unpredictable demand, short life cycle.
Supply Chain - ANS Flow from raw materials to the customer.
Logistics types - ANS Include inbound, reverse, third-party, and global logistics.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
CHAIN MANAGEMENT KEY CONCEPTS
Operations Management - ANS Converts inputs into outputs to add customer value.
Goal of Operations Management - ANS Maximize efficiency while adding value.
Strategy - ANS Organizational goals plus methods to compete.
Competitive Advantage - ANS Delivering what customers want better than competitors.
Ethics - ANS Right versus wrong. Unethical behavior causes long-term damage.
Sustainability - ANS Economic, Environmental, and Social responsibility.
Lean - ANS Cost reduction, stable demand, long life cycle.
Agile - ANS Speed, flexibility, unpredictable demand, short life cycle.
Supply Chain - ANS Flow from raw materials to the customer.
Logistics types - ANS Include inbound, reverse, third-party, and global logistics.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED.
