Describe the cycle view of the processes within a supply chain
What will be an ideal response?
Answer: The cycle view divides the supply chain into a series of 4 cycles between the 5 different stages of a supply chain. The cycles are the customer order cycle, replenishment cycle, manufacturing cycle and procurement cycle. The customer order cycle occurs at the customer/retailer interface and includes all processes directly involved in receiving and filling the customer. The replenishment cycle occurs at the retailer/distributor interface and includes all processes involved in replenishing retailer inventory. The manufacturing cycle typically occurs at the distributor/manufacturer (or retailer/manufacturer) interface and includes all processes involved in replenishing distributor (or retailer) inventory. The procurement cycle occurs at the manufacturer/supplier interface and includes all processes necessary to ensure that the materials are available for manufacturing according to schedule.
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a. the direction. b. the intensity. c. the salience. d. the weight.
How can an entrepreneur build an organization structure that maximizes value?
What will be an ideal response?
Jared analyzed the income statement for his independent label and found that for every dollar of sales, 30 cents were spent on cost of goods sold. The gross profit per dollar was 70 cents. If 20 cents were spent on operating costs and 10 cents on taxes, what is the net profit per dollar?
A. 60 cents B. 40 cents C. 30 cents D. 20 cents
IT project management is a continuous process and as such does not have a clearly defined beginning and end
Indicate whether the statement is true or false