Supply chain management isn't just the management of products — it's also the management of ____________________.

Managing your product supply when your suppliers are sourcing their suppliers is called:

____________ includes the cost of goods negotiations, on-time delivery management, quality audits and management, new product development.

_____________ is the management of the movement of goods.

You need to have enough _________ on hand to supply your customers what they want, when they want it — but you can't have too much __________ on hand or you will have paid (possibly) too much money out of pocket.

All of these are reasons why a business could end up with too much inventory, except for:

___________ functions as the voice of the customer at your company. What shipping method does your customer want? What size boxes do you need to pack your product in and how many units per pack?

Supply chain management is optimized when you are delivering _______ your customers want, ________ they want it, and doing that by spending as _______ money as possible.

___________ is a part of supply chain management, but it's not the totality of all that supply chain management.

What is provider of goods or services or a seller with whom the buyer does business called?

A __________ receives services, materials, supplies, energy, and components to use in creating finished products, such as dress shirts, packaged dinners, air-planes, electric power, legal counsel, or guided tours

A _____________ receives shipments of finished products to deliver to its customers, who wear the shirts, eat the packaged dinners, fly the planes, or turn on the lights.

A person who sells food items on the street is an example of a __________.

A person who supplies the vegetables needed for a vender to sell items on the street is an example of a __________.

How did Amazon start?

Amazon recognized that one of the biggest challenges to e-commerce is ________.

Amazon has always invested in delivering the best _________________ possible.

Amazon decided that the best way to get packages to their customers quickly was to rent warehouses from other companies, which also cut their costs.

The two facility types that are most critical to the Amazon inventory management are the ______________ and the _____________.

Most warehouses sort inventory by type or by sku numbers. Amazon doesn't do this. When goods come into a fulfillment center, associates place them _______________.

Some Amazon facilities use robots to pick up packages and take them where they need to go.

Amazon's logistics and inventory management methods are the same as the traditional methods that have been used by most businesses for a long time.

The Amazon system for time-sensitive items, like groceries, relies on _________ that are typically delivered within 2 hours of the purchase.

Instead of having to walk across the facility to a designated area where specific types of products are stored, amazon associates use the stored location of the product to find the product they are looking for along their _____________ .

Long Lead and High demand items need to be held in _________.

Buying raw materials in larger lot and holding inventory is found to be ________ for the company than buying frequent small lots.

Market demand and supplies are ____________ depending upon various factors like seasons; festivals etc and past sales data help companies to anticipate a huge surge of demand in the market well in advance.

_______________ changes in response to the sales, estimates, orders and stocking patterns.