Scm 3301

SCM 3301 Spring 2013 Exam 1 Study Review The exam will cover chapters 1-4 from the textbook. Format 34 multiple choice questions of approximately equal weightage from each of the four chapters. Resources to strike * Lecture Notes ( If you have missed a class, please obtain the notes from a classmate) * The textbook * Closely designate the sections covered in the lectures * Closely read the material related to the main ideas listed below Main Ideas Chapter One give away a supply chain and define supply chain guidance. * show the objectives and elements of supply chain management. * Describe a brief history and well-nigh of the trends of supply chain management. * experience the range of supply chain management activities common to both services and manufacturing * BUY Supply * MAKE trading operations * SHIP Logistics * Coordination Integration * perceive the current trends in Supply scope Management Chapter Two control the role of supply management and its strategic imp act on an organizations competitive advantage * Understand the profit leverage of effective buying * Have a primary knowledge of the manual purchasing process, e-procurement, small value procurement * Understand strategic nature of the make or buy decision * Understand sourcing decisions and the factors impacting supplier selection * Describe the various considerations in assessing the Total speak to of Ownership * Understand how a supplier portfolio is managed Describe the opportunities and challenges of global sourcing Chapter terce * Explain the grandness of supplier partnerships * Understand the key factors for developing lucky partnerships * Understand the principles behind the Weighted Criteria Evaluation System * Understand the map and creation of a supplier certification program * Explain the importance of a supplier light program * Understand the capabilities of Supplier family Management Chapter Four Define and appreciate the trends in honest and sustainable sourci ng * Define and describe the terms fair trade products green purchasing social sustainability * Describe how ethical and sustainable sourcing strategies are developed and employ * Understand how Supply Base Rationalization can help make better a companys ethical and sustainable sourcing * Understand shipway that supplier partnerships can help a companys ethical and sustainable goals * Understand the use of environmental supplier certification and recognition programs