Efficient Supply Chains

May 13th, 2015
Studypool Tutor
Price: $10 USD

Tutor description

1) Be able to draw a figure showing a supply chain (as defined in this class), the four flows in a supply chain, and in which direction each one moves. 2) Be able to discuss the five elements of an internal value chain and what their responsibilities are.

Word Count: 910
Showing Page: 1/4
Marketing 3163 TestMarketing 3163 Test #1 Study Guide1) Be able to draw a figure showing a supply chain (as defined in this class), the four flows in a supply chain, and in which direction each one moves.(Ch 1 ppt slide 10)2) Be able to discuss the five elements of an internal value chain and what their responsibilities are. Executive Management defines company strategy and allocates resources to achieve it. Supply Management coordinates the upstream supply base, finding the right suppliers and building the right relationships with them. Operations transforms the inputs acquired from suppliers into more highly valued products. Logistics moves and stores materials so they are available when and where they are needed. Marketing manages the downstream relationships with customers, identifying their needs and communicating to them how the company can meet those needs. (Ch 1 ppt. slide 14)3) Be able to discuss the roles of competitive, product development, marketing/sales, and supply chain strategies within a company. Competitive strategy defines the set of customer needs a firm seeks to satisfy through its products and services Product development strategy specifies the port

Review from student

Studypool Student
" Top quality work from this guy! I'll be back! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1830 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors