Managing inventory and supply chains key terms

Matching supply to demand

Matching supply to demand is a Business concept used to analyse Explain how businesses manage supply to match demand and the value of doing so.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

supply

supply should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

demand

demand affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

Matching supply to demand

Matching supply to demand is a Business concept used to analyse Analyse outsourcing, temporary employees, part-time employees and producing to order as ways of matching supply to demand.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

supply

supply should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

demand

demand affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

Inventory and supply chains

Inventory and supply chains is a Business concept used to analyse Interpret inventory control charts including lead time, reorder levels, buffer inventory and reorder quantities.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

inventory control

inventory control should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

lead time

lead time affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.

Inventory and supply chains

Inventory and supply chains is a Business concept used to analyse Evaluate influences on supplier choice, supply chain management and the value of outsourcing.. A strong answer defines it, applies it to a named business context and explains the commercial consequence.

supply chain

supply chain should be judged by linking it to objectives such as profit, survival, growth, competitiveness, efficiency or customer satisfaction.

Inventory and supply chains decision

Inventory and supply chains decision affects stakeholders differently, so analysis should consider owners, managers, employees, customers, suppliers or investors before reaching a judgement.