Create a basic outline that captures the key points of the chapter. As a guide for your
Question:
Create a basic outline that captures the key points of the chapter. As a guide for your outline, it will be helpful to note the "key points"
For a refresher lesson in creating an outline, refer to the NAU Research and Writing Center’s Research Writing Guide Tips.
Submit your outline to your instructor via the drop-box "LP7 Assignment: Materials Planning." This assignment is worth 100 points and will be graded according to the following grading scale.
Chapter 16 in your textbook sets forth the fundamental principles essential for understanding the concept of materials requirements planning. Create a basic outline that captures the key points of the chapter. As a guide for your outline, it will be helpful to note the "key points" that are listed at the end of the chapter (section 16.8).
believ over for the planet and the company to seek sustainable practices through- Its supply ling deforestation. They are coll deforestation-free, and socially responsible palm oil production in developing countries. These efforts were undertaken in over 100 facilities and supply chains around the world. Only a small corpo- rate staff is engaged in goal setting, measurement, and training Caryill out O Ken Woiter/Shutterstock chain. As part of cheir commitment they set new goals every five years. They set their first environmental goals in 2000. By 015 they have increased energy efficiency by 16 percent, duced greenhouse gases by 9 percent and increased esh water efficiency by 12 percent. Source: Cargill.com 2015 Perhaps some suppliers cannot assist in achieving the triple bottom line, or after an audi they are not in compliance with the firm's requirements to meet environmental, social, or finan cial goals. Then the supplier will need to make changes or another supplier will be secured See the Operations Leader Box: Cargill for an example of a company's goals and plans to implement sustainability. It's clear that the time has come for companies to be more environmentally and social conscious, and the result can be financially rewarding. KEY POINTS AND TERMS Every firm must manage one or more supply chains. An understanding of supply chain management is essential to improving performance in all parts of the supply chain. This chapter's key points include the following: A supply chain is the set of entities and relationships that cumulatively define the way materials and informatic downstream flow facilitates transformation of materials into units of the final product sold to consumers and information related to the product. The upstream flow facilitates return of defective units, recyclables, and information for planning purposes. Supply chain management is concerned with the design and management of value-added processes that not only cut across organizational boundaries but must be tightly integrated to allow information and materials to flow and be deployed within and across them. flow downstream and upstream from the customer. The Measurement of supply chain performance should be made in five areas: delivery, qual- ity, flexibility, cost, and time. The bullwhip, or accelerator, effect entails market demand being magnified through orders placed to upstream supply chain entities, such that the farther upstream an entity is, the greater is the variability in the orders received and inventory held. Infor- mation time lags, human behavior, and long replenishment lead time account for the dynamics observed. Key Te believ over for the planet and the company to seek sustainable practices through- Its supply ling deforestation. They are coll deforestation-free, and socially responsible palm oil production in developing countries. These efforts were undertaken in over 100 facilities and supply chains around the world. Only a small corpo- rate staff is engaged in goal setting, measurement, and training Caryill out O Ken Woiter/Shutterstock chain. As part of cheir commitment they set new goals every five years. They set their first environmental goals in 2000. By 015 they have increased energy efficiency by 16 percent, duced greenhouse gases by 9 percent and increased esh water efficiency by 12 percent. Source: Cargill.com 2015 Perhaps some suppliers cannot assist in achieving the triple bottom line, or after an audi they are not in compliance with the firm's requirements to meet environmental, social, or finan cial goals. Then the supplier will need to make changes or another supplier will be secured See the Operations Leader Box: Cargill for an example of a company's goals and plans to implement sustainability. It's clear that the time has come for companies to be more environmentally and social conscious, and the result can be financially rewarding. KEY POINTS AND TERMS Every firm must manage one or more supply chains. An understanding of supply chain management is essential to improving performance in all parts of the supply chain. This chapter's key points include the following: A supply chain is the set of entities and relationships that cumulatively define the way materials and informatic downstream flow facilitates transformation of materials into units of the final product sold to consumers and information related to the product. The upstream flow facilitates return of defective units, recyclables, and information for planning purposes. Supply chain management is concerned with the design and management of value-added processes that not only cut across organizational boundaries but must be tightly integrated to allow information and materials to flow and be deployed within and across them. flow downstream and upstream from the customer. The Measurement of supply chain performance should be made in five areas: delivery, qual- ity, flexibility, cost, and time. The bullwhip, or accelerator, effect entails market demand being magnified through orders placed to upstream supply chain entities, such that the farther upstream an entity is, the greater is the variability in the orders received and inventory held. Infor- mation time lags, human behavior, and long replenishment lead time account for the dynamics observed. Key Te
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Essentials of Entrepreneurship and Small Business Management
ISBN: 978-0133849622
8th edition
Authors: Norman M. Scarborough, Jeffrey R. Cornwall
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