Notes Alison Course

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Supply Chain

12 Terms

1

An integrated supply chain network is a cohesive system where all stakeholders collaborate __________ to enhance operations.

seamlessly

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2

Key components of an integrated supply chain network include supplier integration, internal process integration, customer integration, and __________ integration.

technology

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3

The benefits of an integrated supply chain network include enhanced efficiency, improved responsiveness, increased visibility, and better __________.

collaboration

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4

A challenge in implementing an integrated supply chain network is __________ to change.

resistance

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5

Advanced technologies like ERP and __________ are strategies for effective integration in supply chains.

data analytics

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6

The three primary flows in supply chain management are material flow, information flow, and __________ flow.

financial

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7

Key activities in material flow include procurement, production, storage, transportation, and __________ logistics.

reverse

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8

The objective of information flow management is to enhance coordination, visibility, and timely __________.

decision-making

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9

To optimize the material flow, one may implement __________ inventory.

JIT (Just in Time)

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10

In the B2B business model, the primary participants are __________ and businesses.

businesses

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11

Supporting processes in a business are defined by their purpose, key activities, tools, and __________.

definition

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12

The interconnectedness of business processes enhances performance and achieves __________ goals efficiently.

business

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