Supply Chain/Economics

establish, measure, monitor, & adjust limits or levels of capacityto execute shipping schedules

Whenever the demand of a product increases price

concerned W/large-scale general economic factors, such as interest rates& national productivity

series of customers’ interactions with organization including product design, delivery

agreement between two/more firms to risk equity capital to attempt specific business objective

-- should clearly state what you are buying and its cost?

Whenever supply of something increases its price --?

track physicalstatus of goods, managementmaterials, & financial informationinvolvingall parties

management of the flow of goods and services. Includes the movement, storage of raw materials

a complete list of items such as property, goods in stock, or the contents of a building.

movement of goods from supplier to customer, as well as any customer returns or service needs

There are two main types of SCM software

Supply chain management flows can be divided into three main flows (Except)?

developed an internalsingle marketthrough a standardizedsystem of laws that apply in all states

the part of economics concerned with single factors and the effects of individual decision

measure of how much a bunch of products have increased in price from last year

use advanced algorithms to determine the best way to fill an order

process of combining various material in order to make something for consumption

credit terms, payment schedules, and consignment and title ownership arrangements

Issues with currency conversion add complexity to the global sourcing process

disciplined, data-driven approach and methodology for eliminating defects in any process

route, from raw materials through consumption, along which products travel

predict sales & use of products forpurchased or manufacture in appropriatequantities in advance

reduction of the general level of prices in an economy

agreement between two or morepersons or companies to perform/not perform specific acts/services

When you loan money to somebody, you expect something extra in return

GDP stands for?

Supply Chain Mgmt oversight of materials, information& finances as they move in a process from

involves transmitting orders and updating the status of delivery

This is the founding block of economics

Whenever you have more of something its use for you diminishes

Approximately 30 million businesses in the USA today.*These Corporations

Who is involved in international shipment?

process relatedto the storage/movement of thefinal product from end ofproduction line toend use

process wherepartners adopt a high level ofcooperationto maintain trading relationship overtime

B2B stands for?

detailed coordination of a complex operation involving many people, facilities, or supplies.

Means that -- percent of your outcomes come from -- percent of your inputs

Business being conducted over the Internet between businesses