12 Questions
What term did Keith Oliver introduce to the public domain in an interview for the Financial Times in 1982?
Supply Chain Management
When did the term 'supply chain management' gain significant recognition through a flurry of articles and books?
Mid-1990s
How were supply chains originally defined?
Activities associated with the flow and transformation of goods only
What is one commonly accepted definition of supply-chain management?
Management of value-added flows of materials, goods, and information
When did 'supply-chain management' rise to prominence according to the text?
Late 1990s
What is the main goal of integrating supply chain activities according to the text?
Achieve a competitive advantage
What is the main focus of supply chain strategies according to Hines (2004)?
Creating customer satisfaction
According to the CSCMP, what does supply-chain management encompass?
Planning and management of sourcing, procurement, conversion, and logistics activities
What is the goal of supply-chain-management software?
To monitor and improve supply chain performance
How does the Extended Enterprise concept differ from traditional supply chains?
It involves a self-organizing network of cooperating businesses
What does Supply-chain event management (SCEM) aim to address?
Addressing all events that can disrupt the supply chain
How does Hines (2004) define the measurement of performance in supply chain strategies?
Total system efficiency and equitable monetary reward distribution
Learn about the origin and definitions of the term 'supply chain management', including its introduction in the 1980s by Keith Oliver and its development over the years.
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