MGAC70H3 Chapter 2: Chapter 2 Notes

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Scm involves planning, implementing, and controlling/monitoring the supply chain in order to increase efficiency. Scm controls the movement and storage of rm, wip inventory, and fg from suppliers through producers to consumers. Scm can also involve scm software, which automates and manages supplier relationships and other crucial business processes. Scm tracks inventory and information among business processes and across companies a scm system is an it system that supports supply chain management activities by automating the tracking of inventory and information among business processes and across companies. Jit is a method for producing or delivering a product or service just at the time the customer wants it. Work activities with integrated collaboration environments virtual teams are teams whose members are located in varied geographical locations and whose work is supported by specialized. Ice software or by more basic collaboration systems a collaboration system is software designed specifically to improve performance of teams by supporting sharing and flow of info.