Scm 300 Davila Asu Final |165 Questions| With Correct Answers.

TQM {Ans: Total Quality Management one of the oldest As the name would suggest, Total Quality Management seeks to address the management of quality at all levels of an organization and/ or supply chain.}contract manufacturers {Ans: a company that produces goods on behalf of another org.}Reasons orgs use PMs {Ans: Metrics can help identify strengths, weaknesses, areas of improvement, and areas of decline. Can create a platform for unbiased recognition and or promotion of people, groups, and companies. Can sometimes point to corrective actions.}pipeline inventory {Ans: inventory in transit between two points. the two points establish the pipeline so the inventory doesn't necessarily need to be in a truck or van. The pipeline can be defined as the time raw materials arrive until they are available for sale at the store.}What are the competitive priorities? {Ans: cost, quality, speed, flexibility}offshoring and outsourcing {Ans: a strategy where a company utilizes a contractor in another country to perform services and or operations}