Terms to Know
A facility used to store inventory?
Warehouse
Sites that convert raw materials into manufactured products.
Production Facilities
The force driving a product through its life cycle.
Customer
A critical maritime chokepoint connecting the Persian Gulf to the Gulf of Oman, through which roughly 20% of the world's oil and liquefied natural gas passes.
Straight of Hormuz
This superhero is also known as the "Man of Steel."
Superman
A need for a particular product or component?
Demand
A network of connected facilities, transportation lanes, and information systems.
supply chain
The life cycle of material flowing through the supply chain is what type of process?
integrated and/or interconnected
Country that primarily controls the Straight of Hormuz and is currently preventing US ships from going through.
Iran
This famous video game character is a plumber who often saves Princess Peach.
Mario
A warehouse with finished goods and/or service items?
Distribution Centers
mines and farms that extract t he raw materials needed to produce a product.
raw material providers
This pays for the initial product, pays for the handling of that product as it flows to each facility in the supply chain, and are the ultimate consumers of the product
customers
Tax with a 10% rate on all U.S. foreign trade partners.
Tariffs
This long-running animated show features a family living in Springfield.
The Simpsons
The process of moving items directly from an incoming trailer or container to an outgoing trailer or container with little or no storage or staging time in between?
cross-docking
Material transporters who deliver materials to manufacturers, retailers, and consumers through various modes.
Transportation
What special needs must a customer specify (4)?
material handling requirements
due dates
negotiated terms and conditions
acceptance of product substitutions or back orders
What happened at the Kimberly-Clark warehouse in Ontario, CA?
An employee mad about being overworked and not making a livable wage set fire to inventory while live streaming.
This Netflix series follows a group of kids battling supernatural forces in Hawkins, IN.
Stranger Things
The function of encompassing the physical receipt of material, the inspection of the shipment for conformance with the purchase order, the identification and delivery to destination, and the preparation or receiving reports?
Receiving
Places where materials are stored for future u se or through which materials are passed on to transporters.
Warehouses and distribution centers
What are the roles and responsibilities of warehouses and distribution center?
To minimize the cost of labor, space and equipment, while meeting the timing, shipping and accuracy requirements of the customer.
Due to a standpoint at the Straight of Hormuz, what resource is causing prices in all areas to increase?
oil
This time-travel movies features a DeLorean and the characters Marty McFly and Doc Brown.
Back to the Future