Help
Options
Didn't know it?
click below
click below
Knew it?
click below
click below
Don't Know
Remaining cards (0)
Know
retry
shuffle
restart
0:00
Embed Code - If you would like this activity on your web page, copy the script below and paste it into your web page.
Normal Size Small Size show me how
Normal Size Small Size show me how
MIS 272 pt5
Exam 5 Lean Operations & Supply Management
| Question | Answer |
|---|---|
| What is the supplier relationship like when the vendor is viewed as a partner? | Openness and sharing of strategic and tactical information readily occurs, price is moderately important but flexibility is very important, one or few number of suppiers |
| A top management strategic responsibility with respect to supply chains in network configuration. What does this area of responsibility entail? | Determining the number and location of suppliers, warehouses, production/operation facilities and distribution centers |
| Supply chains make use of various forms of facilities. Name some examples... | Distribution centers, factories, retail outlets, warehouses... |
| What are the main factors involved in choosing a supplier? | Flexibility and lead times, quality and quality assurance, reputation, price |
| Describes the two parts of the value chain the supply and demand components | The supply component starts at raw material and ends in the organization. The demand component is from delivery of output to the final customer. |
| What are supplier audits conducted periodically by the buyer? | To keep current on vendor capabilities, quality, performance, problems and their resolutions |
| What is strategic sourcing in supply chain management? | Analyzing the procurement process to lower costs by reducing waste, increase profits, reduce risks & improve performance |
| What are the main factors contributing to supply chain success? | Development and maintenance of effective supplier relationships, integration of all aspects o the supply chain viewing it as system, collaboration and joint planning across the supply chain members |
| In what | |
| What is the supplier relationship like when the vendor is viewed as a partner? | Openness and sharing of strategic and tactical information readily occurs, price is moderately important but flexibility is very important, one or few number of suppiers |
| A top management strategic responsibility with respect to supply chains in network configuration. What does this area of responsibility entail? | Determining the number and location of suppliers, warehouses, production/operation facilities and distribution centers |
| Supply chains make use of various forms of facilities. Name some examples... | Distribution centers, factories, retail outlets, warehouses... |
| What are the main factors involved in choosing a supplier? | Flexibility and lead times, quality and quality assurance, reputation, price |
| Describes the two parts of the value chain the supply and demand components | The supply component starts at raw material and ends in the organization. The demand component is from delivery of output to the final customer. |
| What are supplier audits conducted periodically by the buyer? | To keep current on vendor capabilities, quality, performance, problems and their resolutions |
| What is strategic sourcing in supply chain management? | Analyzing the procurement process to lower costs by reducing waste, increase profits, reduce risks & improve performance |
| What are the main factors contributing to supply chain success? | Development and maintenance of effective supplier relationships, integration of all aspects o the supply chain viewing it as system, collaboration and joint planning across the supply chain members |
| Def of supply chain visibility | When a major trading partner can connect to any of its supply chain to access data on inventory, shipment status, etc. |
| In what way can ERP software effectively assist supply chain managers? | Inventory planning, production tracking, demand planning, transportation managing |
| What is the def of a closed-loop supply chain? | when a manufacturer controls both the forward and reverse logistics |
| What are the two essential features of e-Commerce? | "Front-end" website and "back end" order fulfillment |
| What is RFID? | Radio Frequency Identification |
| What is meant by the term reverse logistics? | The process of physically retrieving returned items back to the company or a third-party handler |
| What are the three types of supply chain management flow? | goods/services, information, financial |
| What is the ultimate goal of Lean system? | Achieve a smooth, uninterrupted flow where supply equals demand |
| How do small lot sizes support Lean process design? | More flexibility to meet customer demand, work-in-process inventory is reduced, inspection and rework costs are less |
| Standard parts | Having fewer parts across product line which reduce procurement, inspection costs |
| Modular design | Standardized sub-assemblies(cluster of parts) to simplify bills of materials, training , and assembly of final products |
| Capable production quality | Production systems where product and process design have reduced/eliminated defects |
| Concurrent engineering | Team approach involving each group in product design from the beginning instead of serially from development to delivery |
| When planning a successful conversion to Lean/Just-in-timer operations.... | Management and employees must be convinced of benefit and recieve training prior to conversion to avoid obstacles |
| def of Muda | . Wast and inefficiency |
| Kanban | Manual system used for controlling the movement or parts and |
| Heijunka | Variations in production volume lead to waste; leading volume and variety of work to reduce variation in the process. |
| Kaizen | Continuous improvement of the system |
| Jidoka | Quality at the source; work is stopped immediately when a defect occurs |
| What are some causes of disruption in production | Equipment breakdowns, late deliveries from suppliers, quality probems |
| What are some of the benefits of Lean Operations? | Lower costs, greater productivity, higher quality. |
| In a Lean organization workers are treated as assets. How does this differ from traditional organization? | Workers are given authority to make decisions that effect their work., workers are well-trained in Len philosophy and methods |
| What is the most serious obstacle to Lean conversion? | Management commitment of resources required for conversion |
Created by:
Cjaner