Which of the following are part of the five basic supply chain activities?
The Top-level of this model has five different processes which are also known as components of Supply Chain Management – Plan, Source, Make, Deliver and Return.
Which of the following is not one of the five basic activities of supply chain management?
Sales is not one of the five basic components of supply chain management. The Supply Chain Operations Reference model is comprised of six…
What are the five primary activities in a supply chain quizlet?
What are the five primary activities in a supply chain? The five primary activities are plan, source, make, deliver, and return.
What are the 5 basic components of a supply chain management SCM system quizlet?
Plan, source, make, deliver, and return are the five basic supply chain management components.
What are the five 5 aspects of supply chain?
Supply chain management has five key elements—planning, sourcing raw materials, manufacturing, delivery, and returns. The planning phase refers to developing an overall strategy for the supply chain, while the other four elements specialize in the key requirements for executing that plan.
What are the 5 functions of supply chain management?
The five functions of supply chain management include the following:
- Purchasing. The first function of supply chain management is purchasing. …
- Operations. …
- Logistics. …
- Resource Management. …
- Information Workflow.
Feb 4, 2021
What are the 5 major decision areas of supply chain management?
Supply management is made up of five areas: supply planning, production planning, inventory planning, capacity planning, and distribution planning.
What are the 5 primary activities of a value chain?
The value chain framework is made up of five primary activities — inbound operations, operations, outbound logistics, marketing and sales, service — and four secondary activities — procurement and purchasing, human resource management, technological development and company infrastructure.
What are the four support activities to a value chain?
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
What are the five supply chain?
Five supply chain drivers, Production, Inventory, Location, Transportation, and Information, influence the performance of the supply chain. Companies can develop and manage these drivers to emphasize the ideal balance between responsiveness and efficiency, depending on your business and financial requirements.
What are the 5 parts of supply chain management give example?
The 5 Components of Supply Chain Management
- Component 1: Planning. …
- Component 2: Sourcing. …
- Component 3: Inventory. …
- Component 4: Production and Transportation. …
- Component 5: Return of Goods.
What is a supply chain describe five important factors in supply chains?
Supply chain management has five key elements—planning, sourcing raw materials, manufacturing, delivery, and returns. The planning phase refers to developing an overall strategy for the supply chain, while the other four elements specialize in the key requirements for executing that plan.
What is the primary activity of supply chain management?
Primary Activities of Supply Chain Management Demand Management – Understanding the exit demand, quantity, due date, certainty and priority of an organization's products. To achieve successful demand management, it is key to have current data, collaboration and a wide range of visibility.
What are the most important activities of supply chain management?
Supply management Supply management is made up of five areas: supply planning, production planning, inventory planning, capacity planning, and distribution planning. Supply planning determines how best to fulfill the requirements created from the demand plan.
What are the basic decision areas of supply chain strategy?
There are four major decision areas in supply chain management: 1) location, 2) production, 3) inventory, and 4) transportation (distribution), and there are both strategic and operational elements in each of these decision areas.
What are support activities in the value chain?
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
Which is a supporting activity in a value chain quizlet?
Sales and service would be examples of supporting activities in Porter's value chain model. Accounting functions like accounts receivables would be an example of a supporting activity in Porter's value chain model.
What are the core and support activities of a value chain?
Porter's value chain involves five primary activities: inbound logistics, operations, outbound logistics, marketing and sales, and service. Support activities are illustrated in a vertical column over all of the primary activities. These are procurement, human resources, technology development, and firm infrastructure.
What are the 5 types of supply chain?
Supply chain management has five key elements—planning, sourcing raw materials, manufacturing, delivery, and returns.
What are the five measures of supply chain performance?
The SCOR model defines a supply chain as being composed of five main integrated processes: Plan, Source, Make, Deliver and Return. Performance of most processes is measured from 5 perspectives: Reliability, Responsiveness, Flexibility, Cost and Asset.
What are the support activities of supply chain?
It includes supply planning, product planning, demand planning, sales and operations planning, and supply management.
What are supporting activities?
Supporting activities are those actions taken by a nonprofit organization other than program services. Supporting activities typically include fundraising activities, management and general activities, and membership development activities.
Which is a supporting activity in a value chain?
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
Which is a supporting activity in a value chain a marketing and sales B logistics C Technological Development D operations?
The correct answer is C) marketing and sales. The goal of primary activities is to add value to the product directly. They are: Inbound logistics.
What are primary activities and support activities?
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
What are the types of supply chain activities?
The Six Models of Supply Chain Management
- Continuous flow.
- Fast chain.
- Efficient chain.
- Agile.
- Custom-configured.
- Flexible.
Jul 7, 2021
What are the parts of the supply chain?
The entities in the supply chain include producers, vendors, warehouses, transportation companies, distribution centers, and retailers. The functions in a supply chain include product development, marketing, operations, distribution, finance, and customer service.
What are the components of a supply chain?
The Eight Components of Supply Chain Management
- Planning. This is one of the most important stages. …
- Information. The world today is dominated by a continuous flow of information. …
- Source. Suppliers play a very crucial role in supply chain management systems. …
- Inventory. …
- Production. …
- Location. …
- Transportation. …
- Return of goods.
What are the support activities in a value chain?
The primary activities of the value chain include inbound logistics, operation outbound logistics, marketing and sales, and service. Secondary activities or the support activities include firm infrastructure, human resources management, and procurement.
What is support activity?
Support activities refer to the activities in a firm that assist the firm as a whole by providing infrastructure or inputs that allow the primary activities to take place on an ongoing basis. This term is sometimes called staff or overhead functions.