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Supply Chain Chapter 1: Intro to Managing Operations across the Supply Chain
10 cards·by 8680lewielj
What is operations management?
the management of processes used to design, supply, produce, and deliver valuable goods and
services to customers.
What is a process?
A system of activities that transforms inputs into valuable outputs. Processes can also
transform information, or even people.
Operations management is a ______ oriented discipline?
Process
What is a lean operation?
An operation that produces maximum levels of efficiency and effectiveness using a minimal
amount of resources.
What is a core capability?
a unique set of skills that confers competitive advantages to a firm, because rival firms
cannot easily duplicate them
What is supply chain management?
the design and execution of relationships and flows that connect the parties and processes
across a supply chain.
supply chain management and operations management are the same.
False
What is logistics Managment?
the management of the movement of materials and information within, into, and out of the firm.
What is supply management?
the management of processes used to identify, acquire, and administer inputs to the firm.
Supply management and supply chain management are the same.
False