Study Guide 2018 Exam 1 (2).docx - Study Topic List –...

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Study Topic List – Exam 1 P u rc h asi n g a n d S upp ly M a n a g e m e n t Purchasing and Supply Management 21 st Century Supply and Logistics definition Size of Organization’s Spend Profit-Leverage Effect calculation Operational vs. strategic contribution of supply Training Ground (essay) Supp ly Or g a n i z ati o n Buyer-planner organization Decentralized purchasing function Process centric organization Buyer/Planner Organization - slides (essay) Sourcing and Commodity Management – slides (essay) Invoice clearing Supp ly P r o cess a n d T e c hno l o gy Steps in the Supply Process (# 1, 2 ) Small value orders Vendor managed inventory VMI Information Systems and Supply Process Electronic Data Interchange EDI Role of supply management in the use of information technology (& essay)
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Unformatted text preview: • Issue an RFx (4) N eed I d e n tific a ti o n a n d S p ecificat i o n • Specification by performance or function • Need Criteria in the Value Proposition o Strategic o Traditional • Early Supplier Involvement • Services Q u ality • Traditional view of quality • Current view of quality • External failure cost • Deming wheel • Random Variation • Process Capability • Supplier Certification Q u a n tity a n d I n v e n t o ry • Responsibility of forecasting • Cycle counting • MRP system • ABC Classification • Bill of Material D el i v ery • Supply’s involvement in transportation • FOB Terms (& essay) • Transportation rates and pricing...
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