Supply Chain Management Flashcard All

Front

How does logistics impact supply chain management?

Back

By affecting the efficiency of the supply chain

Front

What is the role of e-commerce in supply chain management?

Back

It impacts import taxes and tariffs

Front

What is demand forecasting in supply chain management?

Back

Predicting future customer demand

Front

What is the importance of strategic orientation in supply chain management?

Back

It helps in saving money within an organization

Front

What is the definition of analytics in supply chain management?

Back

The use of data to improve decision-making

Front

What is the role of customer relationship management in supply chain management?

Back

To improve customer satisfaction

Front

What is the significance of sustainability in supply chain management?

Back

It reduces environmental impact

Front

What is supply chain integration?

Back

The coordination of all supply chain activities

Front

What is the significance of flexible thinking in supply chain management?

Back

It allows for adaptation to changes.

Front

How do algorithms help in supply chain management?

Back

By minimizing capital costs.