Purchasing and Logistics
Direct vs. Indirect Materials Purchasing
Miscellaneous
EDI & VAN
Materials-Tracking
Technologies and Marketplaces
100
The use of other organizations to perform specific activities
What is Outsourcing?
100
_____ become part of finished product
What are Direct Materials?
100
The use of electronic commerce by governments and government agencies is called what?
What is E-Government?
100
This entity receives, stores, forwards electronic messages containing EDI transaction sets.
What is a Value Added Network (VAN)?
100
The bar code tracking system that is used by fulfillment centers is called what?
What is a Real-time location system (RTLS)?
200
Outsourcing done by organizations in other countries is called this.
What is Offshoring?
200
Purchases made in loosely organized market; where demand exceeds estimates made for contract purchasing are called what?
What are Spot purchases?
200
This term replaces the term “supply chain” due to parallel lines interconnected in a Web or network configuration.
What is a supply web?
200
EDI stands for what?
What is Electronic Data Interchange?
200
Small chips using radio transmissions to track inventory that read much more quickly and with a higher degree of accuracy than bar codes are called what?
What are Radio Frequency Identification Devices (RFIDs)?
300
Identifing and evaluating vendors, selecting specific products, placing orders, and resolving any issues after receiving ordered goods or services are all part of what term?
What are Purchasing Activities?
300
MRO stands for what?
What is Maintenance, Repair, and Operating?
300
During the 1960s and 1970s EDI was transfered through what medium?
What is over telephone lines?
300
The ability to establish that a particular transaction actually occurred is called what?
What is nonrepudiation?
300
In 2003, this company tested RFID tag use on merchandise for inventory tracking and control.
What is Wal-Mart?
400
"Procurement" is also called what?
What is supply management?
400
The "classic" objective of logistics is what?
What is to Provide the right goods in the right quantities in the right place at the right time?
400
EDIFACT stands for what?
What is "EDI for Administration, Commerce, and Transport"?
400
Secure, electronic receipts returned to senders for every transaction that help establish repudiation are called what?
What are Applicability Statements?
400
This kind of marketplace is open to new buyers and sellers just entering the industry.
What is a Public Marketplace?
500
The total yearly dollar amount for goods and services purchased is called what?
What is "Spend?"
500
The intentional collection, classification, dissemination of information about a company, its products and processes is called what?
What is knowledge management?
500
Meeting the needs of the consumer at the end of the supply chain is called what?
What is Ultimate Consumer Orientation?
500
The most common protocol for Internet EDI transaction sets is called what?
What is EDIINT (Electronic Data Interchange-Internet Integration, EDI-INT)?
500
A marketplace providing auctions, request for quote postings, and other features by a company that wants to operate its own marketplace is called what?
What is a Private Marketplace?