Ch 14: Understanding Supply Chain Management

About This Chapter

In this chapter, brush up on the details you need to know to understand supply chain management. Unlike other study guides and learning resources, we give you the option to ask our experts questions about this accounting topic, making it less stressful for you to prepare for upcoming exams.

Understanding Supply Chain Management - Chapter Summary

Whether you have gone over the details of supply chain management before, or if the topic is completely new to you, going through our chapter will help you get up to speed on all the important topics. Each chapter consists of several brief lessons, and the lessons each focus on one key concept. This allows you to build your knowledge base one piece at a time, but it also gives you the option to pick and choose the topics you want to review. Once you complete the chapter, you'll possess the skills and the know-how to do the following:

  • Describe the various elements and tech associated with supply chain management
  • Identify the theory of constraints and lean manufacturing
  • Analyze enterprise resource planning
  • Check out examples of the theory of constraints
  • Define the process involved with throughput
  • Examine capacity requirements planning (ERP)
  • Explain adjusting capacity alternatives

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7 Lessons in Chapter 14: Understanding Supply Chain Management
Test your knowledge with a 30-question chapter practice test
Supply Chain Management: Technology, Measurement, Relationship & Material Integration

1. Supply Chain Management: Technology, Measurement, Relationship & Material Integration

Marketing managers realize how distribution can be costly if there is not an efficient plan in place. Supply chain management is a strategy that allows seamless integration of all pieces of the distribution chain.

Lean Manufacturing & the Theory of Constraints

2. Lean Manufacturing & the Theory of Constraints

In this lesson, you'll learn about lean manufacturing and the elimination of waste in the world of business. We'll define the term and build a connection to the theory of constraints.

Enterprise Resource Planning: Using ERP to Integrate Business Processes

3. Enterprise Resource Planning: Using ERP to Integrate Business Processes

Enterprise resource planning is a set of integrated program to manage the critical operations for an entire organization. Learn about the advantages and challenges of implementing ERP.

Theory of Constraints: Definition & Examples

4. Theory of Constraints: Definition & Examples

Improving output and productivity is a goal of manufacturing. This lesson will discuss the theory of constraints, a methodology used to improve production and profit. Examples will be discussed.

What is Throughput? - Definition & Process

5. What is Throughput? - Definition & Process

Products move through various steps during production. In order for a company to keep track of the time it takes to arrive at a finished good, they use a method known as throughput. In this lesson, we will define the term and learn the process.

Capacity Requirements Planning (CRP)

6. Capacity Requirements Planning (CRP)

Watch this video lesson to learn how capacity requirements planning can help a business to fulfill its orders. Learn what information is needed to perform this type of planning, and see what kind of information is gained.

Alternatives for Adjusting Capacity

7. Alternatives for Adjusting Capacity

When demand changes, companies have a number of alternatives to making long-run changes to their productivity. In this lesson, we look at how companies can quickly adjust their capacity.

Chapter Practice Exam
Test your knowledge of this chapter with a 30 question practice chapter exam.
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Practice Final Exam
Test your knowledge of the entire course with a 50 question practice final exam.
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