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An integrated supply chain network is a cohesive system where all stakeholders collaborate __________ to enhance operations.
seamlessly
Key components of an integrated supply chain network include supplier integration, internal process integration, customer integration, and __________ integration.
technology
The benefits of an integrated supply chain network include enhanced efficiency, improved responsiveness, increased visibility, and better __________.
collaboration
A challenge in implementing an integrated supply chain network is __________ to change.
resistance
Advanced technologies like ERP and __________ are strategies for effective integration in supply chains.
data analytics
The three primary flows in supply chain management are material flow, information flow, and __________ flow.
financial
Key activities in material flow include procurement, production, storage, transportation, and __________ logistics.
reverse
The objective of information flow management is to enhance coordination, visibility, and timely __________.
decision-making
To optimize the material flow, one may implement __________ inventory.
JIT (Just in Time)
In the B2B business model, the primary participants are __________ and businesses.
businesses
Supporting processes in a business are defined by their purpose, key activities, tools, and __________.
definition
The interconnectedness of business processes enhances performance and achieves __________ goals efficiently.
business
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Flashcard (33)