study guide
Business Finance
1. Know what the term total cost of ownership means.
2. Be prepared to discuss the benefits of effective sourcing decisions.
3. Know what the term third-party logistics providers means.
4. Know what the term postponement means.
5. Know what the term sustainability means.
6. Be prepared to discuss four reasons for holding inventories.
7. Know what the term tailored transportation means.
8. Be prepared to write an essay on supply chain design. This is a comprehensive question covering the entire course.You will ne
ed to know what the elements of a supply chain are, and what makes supply chains successful.
9. Know what the term customer relationship management means.
10) Know what the term sourcing means.
11) Be prepared to discuss two types of inventory replenishment policies.
12) Know what the term safety inventory means.
13) Know what the term product substitution means.
14) Be prepared to discuss the trade-offs of air, water, rail, and trucking (TL, LTL, and Package) forms of transportation in supply chain design.
15) Know what the term intermodal means.