Reference no: EM133284092
REVIEW QUESTIONS -
Identify and discuss the key organizational levels relevant to inventory management and warehouse management.
Identify several possible scenarios for stock transfers, and explain the key differences between these scenarios.
Explain the role of the warehouse management process as it relates to (1) the procurement process, (2) the fulfillment process, and (3) the production process.
Identify the key reports available in warehouse management and the significant information found in these reports.
What is the main objective of material planning? What are the basic questions addressed by material planning?
Define and distinguish between consumption-based planning and materials requirements planning.
Define and discuss the types of procurement proposals that can be created in MRP.
Assess the advantages and disadvantages of creating planned orders and purchase requisitions for externally procured materials.
Explain the various strategies for the procurement, fulfillment, and production processes.
Explain the role of inventory in reducing the interdependence among processes.
Identify and discuss the steps in the integrated process that include the procurement, fulfillment, and IWM processes. Analyze the financial and material impacts of the various process steps.
Identify and discuss the steps in the integrated process that include the procurement, fulfillment, production, and IWM processes. Analyze the financial and material impacts of the various process steps.