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Supply Chain

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12 Terms

1
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An integrated supply chain network is a cohesive system where all stakeholders collaborate __________ to enhance operations.

seamlessly

2
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Key components of an integrated supply chain network include supplier integration, internal process integration, customer integration, and __________ integration.

technology

3
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The benefits of an integrated supply chain network include enhanced efficiency, improved responsiveness, increased visibility, and better __________.

collaboration

4
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A challenge in implementing an integrated supply chain network is __________ to change.

resistance

5
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Advanced technologies like ERP and __________ are strategies for effective integration in supply chains.

data analytics

6
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The three primary flows in supply chain management are material flow, information flow, and __________ flow.

financial

7
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Key activities in material flow include procurement, production, storage, transportation, and __________ logistics.

reverse

8
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The objective of information flow management is to enhance coordination, visibility, and timely __________.

decision-making

9
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To optimize the material flow, one may implement __________ inventory.

JIT (Just in Time)

10
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In the B2B business model, the primary participants are __________ and businesses.

businesses

11
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Supporting processes in a business are defined by their purpose, key activities, tools, and __________.

definition

12
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The interconnectedness of business processes enhances performance and achieves __________ goals efficiently.

business