E OBJ 4.03 Vocab

Supply chain

• cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components, and finished products from original suppliers to end users.

• every decision made about the products or services a company delivers to their customers.

• consists of credit terms, payment schedules, and consignment and title ownership arrangements

• product fact sheet, transmitting orders, schedules, and updating the status of delivery

Supply chain management

• cumulative network of people, entities, activities, information, and resources involved in moving raw materials, components, and finished products from original suppliers to end users

• any kind of disruptions, price volatility, and poor perceived quality of the product or service, process / internal quality failures, deficiency of physical infrastructure, natural disaster or any event damaging the reputation of the fir

• the movement of goods from a supplier to a customer, as well as any customer returns or service needs

• every decision made about the products or services a company delivers to their customers

Financial flow

• consists of credit terms, payment schedules, and consignment and title ownership arrangements

• the movement of goods from a supplier to a customer, as well as any customer returns or service needs

• value creating processes spanning over entire chain in order to provide added value to the end consumer

• product fact sheet, transmitting orders, schedules, and updating the status of delivery

Information flow

• product fact sheet, transmitting orders, schedules, and updating the status of delivery

• the movement of goods from a supplier to a customer, as well as any customer returns or service needs

• any kind of disruptions, price volatility, and poor perceived quality of the product or service, process / internal quality failures, deficiency of physical infrastructure, natural disaster or any event damaging the reputation of the firm

• value creating processes spanning over entire chain in order to provide added value to the end consumer

Product flow

• consists of credit terms, payment schedules, and consignment and title ownership arrangements

• product fact sheet, transmitting orders, schedules, and updating the status of delivery

• the movement of goods from a supplier to a customer, as well as any customer returns or service needs

• value creating processes spanning over entire chain in order to provide added value to the end consumer

Risk flow

• value creating processes spanning over entire chain in order to provide added value to the end consumer

• any kind of disruptions, price volatility, and poor perceived quality of the product or service, process / internal quality failures, deficiency of physical infrastructure, natural disaster or any event damaging the reputation of the firm

• consists of credit terms, payment schedules, and consignment and title ownership arrangements

• the movement of goods from a supplier to a customer, as well as any customer returns or service need

Value flow

• value creating processes spanning over entire chain in order to provide added value to the end consumer

• any kind of disruptions, price volatility, and poor perceived quality of the product or service, process / internal quality failures, deficiency of physical infrastructure, natural disaster or any event damaging the reputation of the firm

• the movement of goods from a supplier to a customer, as well as any customer returns or service needs

• product fact sheet, transmitting orders, schedules, and updating the status of delivery