What defines recommends and sets flexible supply chain strategies based on an organizations operations and resources?

Terms in this set (80)

Core:
- Accounting and Finance: Manage accounting data and financial processes within the enterprise with functions such as general ledger, accounts payable, accounts receivable, budgeting, and asset management
- Production and Materials Management: Handle production planning and execution tasks such as demand forecasting, production scheduling, job cost accounting, and quality control.
- Human Resources: Track employee information, including payroll, benefits, compensation, and performance assessment, and ensure compliance with all laws. They even allow the organization to perform detailed employee analysis, such as identifying who is likely to leave the company unless additional compensation or benefits are provided and whether the most talented people are working in areas where they can have the greatest impact.
Extended:
-Business Intelligence
-Customer Relationship Management
-Supply Chain Management
-Ebusiness

Sets with similar terms

What defines recommends and six flexible supply chain strategy is based on an organizations operations and resources?

Supply Chain Optimization: Defines, recommends, and sets flexible supply chain strategies based on organization's operations and resources.

What is the purchasing of goods and services to meet the needs of the supply chain?

Procurement includes sourcing, obtaining and paying for goods and services. Supply chain management also covers the logistics involved in obtaining goods, such as shipping and warehouse management, as well as transforming the procured goods into products and distributing them to customers.

What is a metric that represents the total net profit a company makes from any given customer?

In marketing, customer lifetime value (CLV) is a metric that represents the total net profit a company makes from any given customer.

What is the ability to view all areas up and down the supply chain in real time?

Supply chain visibility is the ability to view all areas up and down the supply chain. Bullwhip effect occurs when distorted products demand information passes from one entity to the next through the supply chain.