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Unit 2 Vocabulary “2.1” Flashcards | StudBud

Explore/Unit 2 Vocabulary “2.1”

Unit 2 Vocabulary “2.1”

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Questions 12

Answers

1
Software for logistics planning.
Distribution Strategy
Capacity Planning
Outsourcing
Transportation Management System (TMS)
2
Supplier manages inventory levels.
Vendor-Managed Inventory (VMI)
Value Chain
Vertical Integration
Order Qualifiers
3
Distributed ledger technology for transparency.
Customization Strategy
Digital Twin
Blockchain
Kitting
4
Plan for delivering products to customers.
Distribution Strategy
Pull Strategy
Make-to-Order (MTO)
5
Software for warehouse operations.
Transportation Management System (TMS)
Warehouse Management System (WMS)
Safety Stock
Corporate Strategy
6
Company that arranges transportation of goods.
Supplier
Reverse Logistics
Freight Forwarder
Omni-Channel
7
Demand distortion through the supply chain.
Blockchain
Bullwhip Effect
Economies of Scope
Agile Supply Chain
8
Connecting devices to improve supply chain management.
Order Winners
Internet of Things (IoT)
Big Data Analytics
Supplier Relationship Management (SRM)
9
Receiving goods only as needed.
Risk Management
Just-In-Time (JIT)
Outsourcing Strategy
Cost-to-Serve
10
Integrating multiple sales channels.
Lead Time
Safety Stock
Capacity Planning
Omni-Channel
11
Real-time tracking of products.
Order Qualifiers
Value Chain
Supply Chain Visibility
Internet of Things (IoT)
12
Virtual replica of supply chain processes.
Customization Strategy
Kitting
Digital Twin
Big Data Analytics