Transportation & Logistics
This term refers to the process of moving goods from a supplier to a customer.
What is Logistics
This inventory strategy involves keeping just enough stock on hand to meet immediate demand.
What is Just-in-time or JIT
This system is used by businesses to manage day-to-day operations like procurement, accounting, and supply chain.
What is ERP - Enterprise Resource Planning
What does ASCM stand for?
This trend focuses on designing supply chains that minimize waste, reduce environmental impact, and incorporate recycling or reusing materials.
Sustainability and Circular Economy
What mode of transportation is typically used for delivering small packages to homes and businesses?
What is ground shipping?
What is the name of the metric that calculates how many times inventory is sold and replaced in a given period?
What is Inventory Turnover
Barcode scanning and this more advanced technology are commonly used for tracking inventory in supply chains.
What is RFID - Radio Frequency Identification
How many certifications does ASCM currently offer for professional development?
Looking for a #
4
CPIM, CSCP, CLTD, CTSC
Production and Inventory management, supply chain professional, logistics-transportation-distribution, Transformation for supply chain
This trend involves using digital tools and technologies to automate processes, improve connectivity, and enhance efficiency in supply chain operations.
Digitalization
This shipping strategy involves transporting smaller shipments together to fill a container or truck.
What is LTL (Less-than-truckload shipping)
The inventory classification system that divides items into categories based on their value is known as what?
What is ABC Analysis
Name the technology used to digitize and secure supply chain data across multiple participants.
What is Blockchain
What year was ASCM/APIC founded?
5 year buffer
1957
This trend emphasizes the importance of supply chains being able to adapt quickly to disruptions like pandemics, geopolitical shifts, and climate change.
Supply Chain Resilience
This shipping term refers to the responsibility for goods during transportation, typically covering the cost and risk for both the seller and the buyer.
What is Incoterms
This inventory management strategy uses a formula to calculate the optimal quantity of stock to reorder.
What is Economic Order Quantity or EOQ
This technology allows supply chains to predict potential disruptions and manage risks by analyzing historical and real-time data.
What is Predictive Analytics
What is the new Podcast that ASCM started not too long ago?
The focus of this is to showcase stories from professionals related to how everyday products are made, processed, shipped, and stocked
What is "The Chain"
This trend highlights the use of advanced algorithms and machine learning to improve demand forecasting and disruption anticipation.
AI in Predictive Analytics
What is the name of the document that serves as a contract and receipt for goods being transported?
What is the Bill of Landing
This inventory management method ensures that the oldest stock is sold or used first, helping to minimize the risk of obsolescence.
What is First in, First Out or FIFO
What type of software provides real-time visibility into shipments and enables better tracking of goods in transit?
What is transportation Management System or TMS
Who is our head lesion for the ASCM University of Cincinnati team?
First and Last name for full points or else 250 points for just first Name:)
Nick Zaytsev
This trend integrates environmental, social, and governance factors into supply chain performance metrics to align with stakeholder expectations.
ESG (Environmental, Social, and Governance) Integration