This device contains a chip and antenna that emit a signal. Employer ID badges and highway toll payment systems may have this.
What is RFID?
100
One potential problem with using these types of auctions is the significant up-front preparation and cost required when compared to an RFP.
What are online auctions?
100
This analysis results in three classes when applied to inventory.
What is ABC analysis?
100
These are methods for reducing small order transaction costs.
What are batch orders, p-cards and reverse auctions?
100
This person developed 14 management practices to help companies increase quality and productivity.
Who is W. Edwards Deming?
200
These people buy goods and services for use by their organization.
Who are purchasers?
200
These people in the supply chain organization must become experts on the services, materials, and products they purchase.
Who are purchasing agents and buyers?
200
Decisions about how much to order, when to order and how inventory effectively are complicated by the rapidly changing environment are calculated using this time-based strategy.
What is forecasting?
200
Allow computer-to-computer exchange of business documents between to organizations.
What is Electronic Data Interchange (EDI)?
200
This describes the actions that an item is designed to perform.
What is Function?
300
These people typically buy buy items for resale.
Who are buyers?
300
This discipline is a developing into an area of management specialization.
What is supply management?
300
This control system, which is Japanese for "card", is used by Toyota.
What is Kanban Control Systems?
300
Process used when an organization decides to buy something they had be making in-house previously.
What is outsourcing?
300
Six Sigma, Quality Function Deployment and Supplier Certification are three types of these tools.
What are Quality Management Tools?
400
These people in the supply chain organization must become experts on the services, materials, and products they purchase.
What are purchasing managers, buyers, and agents.
400
This ratio results when each $1 reduction of material cost produces a $1 increase in profit.
What is 1/1/1:1
400
These quantity methods focus on reducing waiting time in queue, inventory and motion.
What are just-in-time and lean supply focus?
400
Components of this supply management criteria include quality, quantity, delivery, price and service.
What is traditional criteria?
400
Components, raw materials and services arrive at work centers exactly as they are needed.
What is Just-In-Time?
500
The cost of acquiring, storing, and moving materials is an increasingly large portion of this supply chain process?
What is the cost of goods sold?
500
These people in the supply chain organization must be experts on the services, materials, and products they purchase.
What are purchasing managers, buyers, and agents?
500
Master production schedule, Structured bill of materials and inventory records are this type of planning input.
What are MRP (Material Requirements Planning) Inputs?
500
These are a family of quality standards that represents an international consensus on good quality management practices.
What is ISO 9000 Quality Standards?
500
An approach in which relationships with suppliers are managed based on a long-term perspective to add value.