Ch 15 Global Production and Supply Chain Management

Activities involved in creating a product

The integration and coordination of logistics, purchasing, operations, and market channels activities from raw material to the end-customer

Part of the supply chain that includes the worldwide buying of raw material, component parts, and products used in manufacturing of the company's products and services

Part of the supply chain that plans, implements, and controls the effective flows and inventory of raw material, component parts, and products used in manufacturing

Portion of the supply chain from raw materials to the production facility

Portion of the supply chain from the production facility to the end-customer

Management philosophy that takes as its central focus the need to improve the quality of a company's products and services

Statistically based methodology for improving product quality

Certification process that requires certain quality standards must be met

Level of output at which most plant-level scale economies are exhausted

(Lean Production) Manufacturing technology designed to improve job scheduling, reduce setup time, and improve quality control

Production of a variety of end products at a unit cost that could once be achieved only through mass production of a standardized output

Grouping of various machine types, a common materials handler, and a centralized cell controller produce a family of products

Flow of skills and product offerings from foreign subsidiary to home country and from foreign subsidiary to foreign subsidiary

Developed and set up mainly for producing component parts or finished goods at a lower cost than producing them at home or in any other market

Factory primary purpose is to drive down costs in the global supply chain

Linked into the global supply chain for a global firm to supply specific country or regional markets around the globe

Factory that serves a specific country or world region

Factory that can be viewed as an intelligence-gathering unit

Intended to create new processes, products, and technologies that can be used throughout the global firm in all parts of the world

Strategic decisions concerning whether to produce an item in-house ("make") or purchase it from an outside supplier ("buy")

Facility that positions and allows customization of products for delivery to worldwide wholesalers or retailers, or directly to consumers anywhere in the world; also called a global distribution warehouse

Decision-making process regarding the raw materials, work-in-process (component parts), and finished goods inventory for a multinational corporation

Container that holds the product itself. It can be divided into primary, secondary, and transit packaging

Movement of inventory through the supply chain

Process of moving inventory from the point of consumption to the point of origin in supply chains for the purpose of recapturing value or proper disposal

Inventory logistics system designed to deliver parts to a production process as they are needed, not before

Shared decision-making opportunities and operational collaboration of key global supply chain activities