Exam 5: The Order Fulfillment Process: Managing the Physical Flow Infrastructure

Distribution management is concerned with the inbound movement and storage of raw materials, purchased components and subassemblies.

All of the following are typical steps in the purchasing process except __________.

Fill in the Blank(s) -The purchasing function is also called_______ or supply management.

Fill in the Blank(s) -The goal of _______operations is to identify and eliminate waste wherever it is found.

Usually a JIT manufacturing system improves productivity AND reduces waste.

Fill in the Blank(s) -Supplier_______ focuses on improving the supplier's ability to produce high-quality products so that inspections can be eliminated.

Logistical managers can select from six general modes of transportation: rail, motor carrier, pipeline, airplane, ship, or cyberspace.

________ relies on market forces to get suppliers to offer a low price.

Fill in the Blank(s) -The JIT practice of or_______ line stop-allows workers to stop the production line when a quality problem occurs.

Knowledge management is a purchasing skill that modern sourcing professionals require and would include one of the following _________.

All of the following are major steps in the supplier selection process except ________.

To maximize transport efficiencies, more companies are experimenting with shared logistics services.

Fill in the Blank(s) -The supplier selection process is characterized by four stages: identification,_______ , approval, and monitoring.

One of the benefits of outsourcing is that it permits a business to invest in a few specific skills while relying on outsource partners to perform other vital activities.

Fill in the Blank(s) -Often, the greatest opportunity for eliminating waste is_______ .

Supplier certification suggests that the supplier ________.

The principles of 5S prevented Toyota from achieving lean production

Purchasing converts sourced inputs into a product or service that customers value.

Highlight with detail the most important contributions of purchasing, manufacturing and logistics in the making and delivering of a product or service. a. Purchasing acquires the inputs used to support production and day-to-day business activities. b. Production converts sourced inputs into a product or service that customers value. c. Logistics transports and stores goods, assuring that inbound materials are available for operations and that outbound finished products are available when and where the customer wants to buy them. Fill in the Blank(s) (Blank Identified in RED)

The text refers to four practices that are elements of a strong supplier performance monitoring process. They include all of the following except ________.