Examfocus Cpim Bscm Certification Exam 2015-2016

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Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781519680488
Total Pages : 146 pages
Book Rating : 4.6/5 (84 download)

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Book Synopsis Examfocus Cpim Bscm Certification Exam 2015-2016 by : Examreview

Download or read book Examfocus Cpim Bscm Certification Exam 2015-2016 written by Examreview and published by Createspace Independent Publishing Platform. This book was released on 2015-12-04 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: A supply chain is a network of retailers, distributors, transporters, storage facilities and suppliers that participate in the sale, delivery and production of a particular product. The concept of supply chain often involves backward integration - acquiring ownership of one's supply chain (in the hope of reducing supplier power and thus reducing input costs). The four major functional components are: demand planning manufacturing planning and scheduling supply planning transportation planning The module 1 exam covers only the basics. The exam attempts to test your basic understanding towards supply chain and the various PIM (production and inventory management) concepts. Many people consider module 1 as the easiest module among the five. In module 2, 3 and 4 you will frequently see topics from module 1 (as these modules tend to overlap heavily). It is therefore highly recommended that you read the material for module 1 while preparing for the other modules.

CPIM SMR Certification Exam ExamFOCUS Study Notes and Review Questions 2015

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Author :
Publisher : Createspace Independent Publishing Platform
ISBN 13 : 9781505746433
Total Pages : 184 pages
Book Rating : 4.7/5 (464 download)

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Book Synopsis CPIM SMR Certification Exam ExamFOCUS Study Notes and Review Questions 2015 by : ExamREVIEW

Download or read book CPIM SMR Certification Exam ExamFOCUS Study Notes and Review Questions 2015 written by ExamREVIEW and published by Createspace Independent Publishing Platform. This book was released on 2014-12-26 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: SMR is the final module to take. Is it tough? Well, in a sense, yes. It is tough because there is no fixed answer to the test questions. You are asked to choose the best possible answer among all potentially OK answers. Also, most questions are long and with complicated scenarios to confuse you. To pick up the "politically correct" answers you have to use your business sense to make judgment on a case by case basis. I would say SMR is an advanced scenario-format BSCM. SMR is all about supply-side management at a higher global and strategic level. What is serious supply management all about? Accenture has developed seven principles of supply-chain management: 1. Segment customers based on their service needs. 2. Design the logistics network based on service requirements. 3. Listen to the signals of market demand and plan accordingly. 4. Differentiate products based on actual consumer demand. 5. Strategically manage the sources of supply. 6. Develop a supply-chain-wide technology strategy. 7. Adopt measures that apply to every link in the supply chain. Because of advances in manufacturing and distribution, the cost of developing new products and services is dropping, and time to market is speeding up. This has resulted in increasing customer demands, local and global competition, and increased pressure on the supply chain. To stay competitive, companies must reinvent themselves so that the supply chain-sourcing and procurement, production scheduling, order fulfillment, inventory management, and customer care-is no longer a cost-based back-office exercise, but rather a flexible operation designed to effectively address today's challenges. If you have been specializing in manufacturing or shop floor functions, it is now the time to move yourself to a managerial position - you need to see things from a broader MBA style perspective.