Multiple Attempt Study Areas (002) (1).docx

Explain the difference between vertical and

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Explain the difference between vertical and horizontal integration. Describe how to implement supply chain management. Describe supply chain management metrics. Competency 3016.1.6: Management and Planning The graduate applies operations and inventory management requirements and concepts to achieve operating objectives. This topic highlights the following objectives: Describe how inventory management differs for manufacturing, retail, and service industries. Identify the objectives of inventory management. Describe methods used to verify inventory. Competency 3016.1.6: Management and Planning The graduate applies operations and inventory management requirements and concepts to achieve operating objectives. This topic highlights the following objectives: Describe the process of developing an aggregate plan. Choose an appropriate aggregate planning strategy for a given situation. Describe the various functional areas of the sales and operations planning process. Analyze the effectiveness of an existing aggregate plan. Describe the benefits and costs of enterprise resource planning (ERP) systems. Explain the different types of demand. Describe the objectives of manufacturing resource planning (MRP). Describe the role of capacity requirements planning (CRP). Describe the project life cycle.
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