Group 1 chap 10

The Production of product is delayed before customer specifications are known.

• Logistics

• Physical supply

• Postponement Strategy

• Accelerator effect

The process of moving goods and services from one destination to another.

• Supply chain management

• Reverse logistics

• Potsponement strategy

• Logistics

essential for businesses to have a successful delivery.

• Supply chain management

• Cross-functional teams

• Global sourcing

• Physical Supply

Another term for bullwhip effect for economies.

• Accelerator effect

• Supply Chain

• Cross Functional Teams

• Global sourcing

Individuals or representatives from different departments that aim to provide coordination.

• Postponement Strategy

• Physical Supply

• Supply Chain

• Cross-functional teams

Pervasive in many businesses today.

Sourcing materials and services around the world for lower costs.

when the product is returned to suppliers due to damage or defects.

Flow of materials to downstream nodes.

Involves transforming materials into final products and managing services.