ADM 3318 Study Guide - Final Guide: Job Scheduler, Iso 9000, Mass Customization

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Materials management: acivity that controls the transmission of physical materials through the value chain. Logisics: procurement and physical transmission of material through the supply chain from suppliers to customers. Total quality management (tqm): management philosophy looking to improve the quality of a company"s products and services. Iso9000: ceriicaion process that requires certain quality standards that must be met. Dispersing producion aciviies to locaions worldwide where they can be performed most eiciently. Manage the global supply chain eiciently to match supply and demand: increase product quality: Eliminaing defecive products from the supply chain and the manufacturing process. : where to locate manufacturing aciviies to achieve strategic objecives. Play an important role in deciding where to locate manufacturing aciviies: formal and informal trade barriers inluence locaion decisions, future movements in exchange rates. Alter a country"s atraciveness as a manufacturing base. Product factors: value to weight raio: inluences transportaion costs.

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