Try our study magic for free

Summary: Logistics And Informatioin Systems | Dullaert

Study material generic cover image
  • This + 400k other summaries
  • A unique study and practice tool
  • Never study anything twice again
  • Get the grades you hope for
  • 100% sure, 100% understanding
Use this summary
Remember faster, study better. Scientifically proven.
PLEASE KNOW!!! There are just 62 flashcards and notes available for this material. This summary might not be complete. Please search similar or other summaries.
a PDF, study it super fast
  • No sign up, email or credit card needed!
  • AI makes unlimited flashcards
  • Get unlimited quizzes and tests
  • Ask AI anything
Create a notebook
  • No sign up, email or credit card needed!
  • Have and keep perfect overview
  • Make flashcards, notes and mind maps
  • Review, test and score!

Read the summary and the most important questions on Logistics and Informatioin Systems | Dullaert

  • 1 Chapter 1 Chopra & Meindl: Understanding the Supply Chain

  • 1.1 What is a Supply Chain?

    This is a preview. There are 1 more flashcards available for chapter 1.1
    Show more cards here

  • Is a Supply Chain really a chain?

    No, actually it is more of a network involving a variety of stages, each stage connected through the flow of products, information and funds.

  • 1.2 The objective of a Supply Chain

    This is a preview. There are 3 more flashcards available for chapter 1.2
    Show more cards here

  • What is this value, also known as Supply Chain Surplus?

    The difference between what the value of the final product is to the customer and the costs the supply chain incurs in filling the customer's request. So: Supply Chain Surplus=Customer Value - Supply Chain Cost

  • 1.3 The importance of Supply Chain decisions

    This is a preview. There are 1 more flashcards available for chapter 1.3
    Show more cards here

  • What is the importance of Supply Chain decisions?

    Supply chain design, planning and operation decisions play a significant role in the success or failure of a firm. To stay competitive, supply chains must adapt to changing technology and customer expectations.

  • What is frequent replenishment?

    To match supply and demand more effectively than the competition (by supplying your stores frequently)

  • 1.4 Decision phases in a supply chain

    This is a preview. There are 1 more flashcards available for chapter 1.4
    Show more cards here

  • What are the three categories of decision phases for supply chain management?

    1. Supply Chain Strategy or Design 2. Supply Chain Planning 3. Supply Chain Operation >> Strategy, Planning and Operation

  • What decisions are made during the suppy chain planning phase?

    Companies forecast the coming year or so of demand and other factors such as costs and prices in different markets. Establishes parameters within which a supply chain will function over a specified period of time. Must include uncertainty in demand, exchange rates, and competition.

  • What decisions are made during the supply chain operation phase?

    Company makes decisions regarding individual customer orders. Time horizon is weekly, daily, hourly or minutely.

  • 1.5 Process views of a supply chain

    This is a preview. There are 6 more flashcards available for chapter 1.5
    Show more cards here

  • What are the four process cycles?

    1. Customer Order Cycle (between customer and retailer) 2. Replenishment Cycle (between Retailer and Distributor) 3. Manufacturing Cycle (between Distributor and Manufacturer) 4. Procurement Cycle (between Manufacturer and Supplier)

  • When is the Push/Pull View useful?

    When considering strategic decisions relating to supply chain design.

  • What are the three supply chain macro processes in a firm?

    1. Customer Relationship Management (CRM): all processes that focus on the interface between the firm and its customers 2. Internal Supply Chain Management (ISCM): all processes that are internal to the firm 3. Supplier Relationship Management: all processes that focus on the interface between the firm and its suppliers

PLEASE KNOW!!! There are just 62 flashcards and notes available for this material. This summary might not be complete. Please search similar or other summaries.

To read further, please click:

Read the full summary
This summary +380.000 other summaries A unique study tool A rehearsal system for this summary Studycoaching with videos
  • Higher grades + faster learning
  • Never study anything twice
  • 100% sure, 100% understanding
Discover Study Smart

Topics related to Summary: Logistics And Informatioin Systems