Delos Santos, James Ace G.

Logistics Management

BSBA HRM 2-2 Prof. Reynaldo T. Barrera

Activity No.9. (Note: This activity is “optional”)

Identification. Write your answer on the space provided.

Radio frequency identification (RFID) 1. A product tracking technology that will soon
become nearly universally applied.

Collaborative planning, forecasting and replenishment (CPFR) 2. Aimed at

improving collaboration between buyer and supplier so that customer service is
improved while inventory management is made more efficient.

Strategic items 3. Are those for which the buyer has strength but there are few
available suppliers.

Bottleneck items 4. Where the buyer has little power and there are few alternatives.

Leverage items 5. Where there are many available suppliers, and the buyer has high
spending power then the buyer will be able to exercise this power to reduce prices and
to push for preferential treatment.

Supplier management 6. The aspect of supply chain management that seeks to

organize the sourcing of materials and components from a suitable set of suppliers.

Supplier Associations 7. The network of a company’s important suppliers brought

together for the purpose of coordination and development.

Japanese Keiretsu 8. A term used to describe Japanese business consortia based on

cooperation, coordination, joint ownership, and control.

Synchronous Production 9. Often referred to as ‘levelled scheduling’, which involves

distributing volume and mix evenly over a given time.

Power 10. The ability of one member in the supply chain to control another member at
a different level can be detrimental to the overall supply network and can provide a
source of conflict.