Lecture 1 Flashcards

(4 cards)

1
Q

Supply Chain Definition (components)

A
  1. Network
  2. Information must flow
  3. Coordination is essential
  4. Avoid conflicting objectives
  5. Balance cost and service
  6. Foster long-term relationship
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2
Q

SC and Development chain includes:

A
  1. Product design phase & research
  2. Associated capabilities and knowledge
  3. Sourcing decisions
  4. Production plans
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3
Q

Development chain components

A
  1. Plan/Design
  2. Source
  3. Produce
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4
Q

Supply chain components

A
  1. Supply
  2. Produce
  3. Distribute
  4. Sell
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