quiz 1 an 2 SCM

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20 Terms

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Hotel distribution strategy

is a plan of action for selling rooms profitably through a variety of channels.

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STRATEGIC ALLIANCE

A cooperative agreement involving two or more firms through which linkages are built to share resources, leading to the joint accomplishment of individual goals

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Joint Venture

is established when the parent companies establishe a new child company.

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Equity Strategic Alliance

alliance is created when one company purchases a certain equity percentage of the other company.

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Non-Equity Strategic

alliance is created when two or more companies sign a contractual relationship to pool their resources and capabilities together

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Licensing Arrangements

The least sophisticated and easiest to manage type of alliance.

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Consortia and Networks

Highly complex linkages among groups of companies

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e GomesCasseres et al. (1999) refer to alliances as an

“organisational structure

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Survival strategy

an arrangement between two companies to undertake a mutually beneficial project while each retains its independence

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Trucks

are the primary workhorses of the global supply system.

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chassis

is a crucial component in land and intermodal transportation,

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Freight trains

are crucial for the supply chain, transporting 14.5 million intermodal cargo containers in 2018, accounting for the majority of freight rail revenue in the US

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Aircraft

are highly efficient in transporting cargo due to their speed and dependability. T

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Air freight

is the primary usage for Unit Load Devices (ULDs)

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E-PROCUREMENT

Involves conducting business-to-business procurement processes online using web-based applications.

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SOFTWARE

is a cloud-based solution providing tools that facilitate each stage of the e-procurement process.

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Procurement Software

- These are cloud-based apps that carry out your organization’s eprocurement processes.

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ERP SYSTEM

Enterprise resource planning (ERP) systems

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Electronic Data Interchange

EDI tools enable electronic information exchange between two separate organizations.

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