Supply and Chain Management

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Across
  1. 2. AND WAREHOUSE SELECTION/Determining the location of the company's plant(s) and warehouse(s) is a strategic decision that affects not only the cost of transporting raw materials, inbound and finished goods, outbound, but also customer service levels of speed of response.
  2. 6. HANDLING/Is a broad area that encompasses virtually all aspects of movements of Raw materials, Work-in-Progress, or finishes goods with in a plant or warehouse.
  3. 10. OF THE MONTH INVENTORY/The book value of goods, inputs or materials available for use or sale at the beginning of an inventory accounting period.
  4. 12. FORECAST/Production requirements based on marketing's sales demand forecast and current inventory levels.
  5. 14. GOODS HANDLING/Processes involved with returning goods from the customer to the manufacturer. Products may be returned because of performance problems or simply because the customer doesn't like the product.
  6. 16. typically triggered when the inventory level hits the reorder point (also called reorder trigger level), a setting from the system.
  7. 22. SERVICE/Is the output of the logistics system.
  8. 23. MANAGEMENT/The overseeing and controlling of the ordering, storage and use of components that a company will use in the production of the items it will sell as well as the overseeing and controlling of quantities of finished products for sale.
  9. 24. LOGISTICS/Stands for all operations related to the reuse of products and materials.
  10. 25. FORECASTING/Is the activity of estimating the quantity of a product or service that consumers will purchase.
  11. 27. AND STORAGE/It can be held near the location where it will be needed, or transported later.
  12. 28. PLANNING/Is the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand.
Down
  1. 1. MANAGEMENT/The process by which a producer or supplier directs marketing activity by involving and motivating parties comprising its channel of distribution.
  2. 3. ENGINEER/Decides whether which is the right size at the preferred design.
  3. 4. AND TRANSPORTATION/A key logistics activity is to actually provide for the movement of materials and goods from one point of origin to point of consumption, and perhaps to its ultimate point of disposal.
  4. 5. FORECAST/Customer demand based on promotion, pricing, competition, etc.
  5. 7. systematic distribution of a limited quantity resources over various time periods, products, operations, or investments.
  6. 8. FORECASTING/Projection of achievable sales revenue, based on historical sales data, analysis of market surveys and trends, and salespersons' estimates.
  7. 9. the purchase of materials and services from outside organizations to support the firm's operations from production to marketing, sales and logistics.
  8. 11. AND SERVICE SUPPORT/This may include delivery of repair parts to dealer, stocking adequate spares, picking up defective or malfunctioning products from customers, and responding quickly to demands for repairs.
  9. 13. ANALYSIS/Is a business term used to define an inventory categorization technique often used in materials management. It is also known as Selective Inventory Control.
  10. 15. MANAGEMENT/Is the part of supply chain management that plans, implements, and controls the efficient, effective, forward, and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer's requirements.
  11. 17. OF THE MONTH INVENTORY/The value of goods available for sale at the end of the accounting period.
  12. 18. the process of planning, implementing, and controlling the efficient, effective flow and storage of goods, services, and related information from the point of origin to the point of consumption for the purpose of conforming to customer requirements.
  13. 19. DELIVERIES/Pertains to all incoming goods, which may refer to either a vendor delivery or a return of a rejected delivery to a customer. It may cover the schedules of deliveries from your vendors/suppliers or even a rejected delivery to a customer.
  14. 20. PLANNING/Is a multi-step operational supply chain management process used to create reliable forecasts. Used to improve the accuracy of revenue forecasts, align inventory levels with peaks and troughs in demand, and enhance profitability for a given channel or product.
  15. 21. PROCESSING/Entails the systems that an organization has for getting orders from customers, checking on the status of orders and communicating to customers about then, and actually filling that order and making it available to customer.
  16. 26. DISTRIBUTION/Is the group of activities associated with the supply of finished product from the production line to the consumers.