Supply Chain Management Reviewer

Is the network of all the individuals, organizations, and resources involved in the creation and sale of the product.
It is an integral part of supply chain
It is by acquisition of payment of money or its equivalent or where money is spent in an organization
It carries out all business transaction related to procurement
Its a department that identifies requirements and manages suppliers
It is the strategic portion of supply chain management
It is the stage where you choose the supplier
This is the manufacturing step where you schedule the activities
This is also referred to as "logistics"
This is also referred to as the "problem" part of supply chain management
It is a part of purchasing department where the decision and execution is centralized
It is a part of purchasing department where there are multiple physical locations and its each is making their own purchasing decision
It is a part of purchasing department where many firms operation several plants who’s geographical may not be too widely scattered and whose products and material requirements may cover many similar parts and materials used in common and in large quantities, may adopt this purchasing approach
Uncertainties and complexities causing supply chain management disruptions
Monitors personnel management, customers, and suppliers
Is the strategic, digitalized approach to traditional procurement.
Five (5) Components of Supply Chain Management
SIX (6) CORE PURCHASING STRATEGIES
THE FIVE (5) E-TOOLS THAT REPLACES TRADITIONAL PROCUREMENT
7R’s (Purchase Parameters)
THE THREE (3) MAIN ePROCUREMENT MODEL ALTERNATIVE FOR BUYERS
THE FIVE (5) RIGHT OF ePROCUREMENT
PhilGEPS three (3) taglines in the logo
FIVE (5) ROLES OF PURCHASE ORGANIZATION IN A BUSINESS
THE FOUR (4) COMPONENTS OF E-PROCUREMENT
Competition is no longer between company, but between supply chains
True
False
The complexity of the problem to globally optimize supply chain is significant
True
False
Supply Chain is the acquisition of all the individuals, organizations, and resources involved in the creation and sale of the product.
True
False
Purchasing Department carries out all the business transaction related to procurement
True
False
Supply Chain reduces lead time gap
True
False
PhilGEPS stands for Philippines Goverment Electric Procurements System
True
False
Sourcing is also referred to as the problem of supply chain management
True
False
It is important to have the right price in E-Procurement
True
False
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