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    Otqm111 Terms For Final Exam

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    Katrina Paquiz
    The document discusses various concepts related to supply chain management, economics, and business strategy. It mentions topics like e-procurement, vendor evaluation, inventory management, theories of competitive advantage, logistics, outsourcing, production planning, and ERP systems. Standard business processes, strategies, and technologies in areas like procurement, inventory, integration, and planning are covered at a high level.

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    Otqm111 Terms For Final Exam

    Uploaded by

    Katrina Paquiz
    3 views2 pages
    The document discusses various concepts related to supply chain management, economics, and business strategy. It mentions topics like e-procurement, vendor evaluation, inventory management, theories of competitive advantage, logistics, outsourcing, production planning, and ERP systems. Standard business processes, strategies, and technologies in areas like procurement, inventory, integration, and planning are covered at a high level.

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    Otqm111 Terms for Final Exam

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    The document discusses various concepts related to supply chain management, economics, and business strategy. It mentions topics like e-procurement, vendor evaluation, inventory management, theories of competitive advantage, logistics, outsourcing, production planning, and ERP systems. Standard business processes, strategies, and technologies in areas like procurement, inventory, integration, and planning are covered at a high level.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    3 views2 pages

    Otqm111 Terms For Final Exam

    Uploaded by

    Katrina Paquiz
    The document discusses various concepts related to supply chain management, economics, and business strategy. It mentions topics like e-procurement, vendor evaluation, inventory management, theories of competitive advantage, logistics, outsourcing, production planning, and ERP systems. Standard business processes, strategies, and technologies in areas like procurement, inventory, integration, and planning are covered at a high level.

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    © All Rights Reserved
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    ERCO-ECONOMICS

    E-PROCUREMENT

    VENDOR EVALUATION

    VENDOR DEVELOPMENT

    NEGOTIATION

    VERTICAL INTEGRATION

    OUTSOURCING

    OFFSHORING

    THEORY OF COMPETITIVE ADVANTAGE

    THEORY OF COMPARATIVE ADVANTAGE

    LOGISTIC MANAGEMENT

    SUPPLY CHAIN MANAGEMENT

    MAJOR CHALLENCE OF INVENTORY MANAGEMENT

    ABC ANALYSIS

    AGGREGATE PLANNING

    MATERIAL RESOURCE PLANNING (MRP)

    PURE LEVEL STRATEGY

    MUTUAL COMMITMENT

    MUTUAL TRUST

    EMPLOYMENT STABILITY POLICIES

    MAKE OR BY REASONS

    BACKWARD INTEGRATION

    HORIZONTAL INTEGRATION

    FORWARD INTEGRATION

    CURRENT TRANSFORMATION

    KEIRETSU

    MASTER PRODUCTION SCHEDULE

    BILL OF MATERIAL

    ENTERPRISE RESOURCE PLANNIN (ERP)


    STANDARDIZATION

    FIXED PERIOD SYSTEM

    RE-ORDER POINT

    ECONOMIC ORDER QUANTITY (EOQ)

    LEAD TIME

    ANNUAL CARRYING COST PER UNIT

    ELECTRONIC DATA INTERCHANGE (EDI)

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