Supply Chain Ops

Commodity Manager

Acquires knowledge in a specific market in which the organization purchases significant quantities of materials and services.

Sourcing activities

include identifying, developing, and contracting with suppliers and scheduling the delivery of incoming goods and services

operation management

the planning, scheduling, and control of the activities that transform inputs into finished goods and services

Return activities

include the activities necessary to return and process defective or excess products or materials

upstream

used to describe activities or firms they are positioned early in the supply chain relative to some other activities or firms of interest

Operation Function

the collection of people, technology, and systems within an organization that has primary responsibility for providing the organization's products or services

APICS

is a widely recognized professional society for persons interested in operations and supply chain management

Supply chain management

the active management of supply chain activities and relationship in order to maximize customer value and achieve a sustainable competitive advantage

downstream

describe activities or firms that are position later in the supply chain relative to some other activities were firm of interest

ASQ

A leader in education and all aspects of quality improvement, including the Baldrige Award, ISO 9000, and continuous improvement activities

ISM

provides national and international leadership in purchasing and materials management, particularly in the areas of education, research, and standards of excellence

First-tier supplier

provides products or services directly to a firm

analyst

One who analytical and quantitative methods to understand, predict and improve processes within the supply chain

CSCMP

seems to be the preeminent professional association providing worldwide leadership for the evolving logistics profession through the development, dissemination, and advancement of logistics knowledge

e-commerce

the past 25 years, no single trend has done more to change the nature of business than the internet and the resulting breakthroughs in

Planning activities

seek to balance demand requirements against resources and communicate these plans to the various participants

"Make," or production, activities

cover the actual production of a good or service

an operation in supply chain

indicates how structural and infrastructural elements within the operations and supply chain areas will be acquired and developed to support the overall business strategy

Mix flexibility

the ability to produce a wide range of products and services

operations and supply chain strategy

indicates how structural and infrastructural elements within the operations and supply chain areas will be

trade-off

a decision by a firm to emphasize one performance dimension over another, based on the recognition that excellence on some dimensions may conflict with excellence on others

in the internally supportive stage of alignment

the operations and supply chain areas participate in the strategic debate

externally supportive stage

the operations and supply chain areas do more than just support the business strategy: the business strategy actively seeks to exploit the core competencies found within these areas

Conformance quality

addresses whether a product was made, or a service performed to specifications

core competency

an organizational strength or ability, developed over a long period, that customers find valuable and competitors find difficult or even impossible to copy

infrastructural element

one of two major decision categories addressed by a strategy. it includes the policies, people, decision rules, and organizational structure choices made by a firm

Reliability quality

addresses whether a product will work for a long time without failing or requiring maintenance

externally neutral stage

industry practice is followed, based on the assumption that what works for competitors will work for the company

business strategy

identifies a firm's targeted customers and sets time frames and performance objectives for the business

Volume flexibility

the ability to produce whatever volume the customers need

quality

is the characteristics of a product or service that bear on its ability to satisfy stated or implied needs

changeover flexibility

the ability to provide a new product with minimal delay

Flexibility

performance dimension that considers how quickly operations and supply chains can respond to the unique needs of customers

Performance quality

address the basic operating characteristics of a product or service

mission statement

explains why an organization exists

functional strategy

translates a business strategy into specific actions for functional areas such as marketing, human resources, and finance

structural element

one of two major decision categories addressed by a strategy. It includes tangible resources.

internally neutral stage

management seeks only to minimize any negative potential in the operations and supply chain areas

Capacity

capability of workers, machines, plants, servers etc. To produce output in a specific period of time. determining how much and where to place capacity to effectively meet demand