Business

 What Is SCM?     Supply Chain Management: Communication between functions and companies Innovation and reengineering of products and processes Increased logistics efficiency, reduced inventory, and stable supply On-time delivery, increased customer satisfaction, increased productivity, improved money flow Problems of PC producers: High inventory management cost Lower customer satisfaction Insufficient reflection of consumer needs Manufacturers dissatisfaction

 JIT: Just-in-time, or JIT, is  an inventory management method in which goods are received from suppliers only as they are needed . MRP: Material requirements planning (MRP) is a system for calculating the materials and components needed to manufacture a product. It consists of three primary steps: taking inventory of the materials and components on hand, identifying which additional ones are needed and then scheduling their production or purchase. TPM: TPM (Total Productive Maintenance) is  a holistic approach to equipment maintenance that strives to achieve perfect production. VA: Value analysis is a set of techniques, knowledge, and skills used to improve the value of a product by eliminating unnecessary costs or improving its functions without compromising its quality, reliability, and performance. It involves understanding the components of a product and related costs. VE: Value engineering is a systematic, organized approach to providing necessary functions in a pro...

  Classification by Tier:      A senior manager: Chairman, President, CEO, Executive Director, Managing Director, Director Has responsibility for the entire organization - Direct responsibility for middle managers Responsible for planning and strategic planning from a macro perspective     A middle manager: Department manager, branch manager, and business headquarters manager Responsibility to subordinate managers and coordination by senior managers Detailed planning and management control functions for each department     Subordinate management: Chief, deputy, team leader, class president Direct responsibility for working-level employees and a medium of connection between general employees and management groups Operational control

 Planning:  Decision-making behavior of adopting methodology to achieve goals Set goals for your organization and find the best way to achieve them Commanding: Communication with employees Lead and encourage other employees through the exchange of W opinions, direction suggestions, and motivation Organizing: Decision and allocation of duties and personnel issuance Determining how the organization will be organized and allocating human and material resources in order to successfully achieve the established plan Control: Monitoring, supervision, and modification of duties The act of supervising and controlling whether the work is being carried out properly, including pointing out and correcting mistakes if there are any Types of business functions: Management strategy: Establishment and implementation of measures to respond to the internal and external environment of the enterprise Developing and implementing plans to help an organization achieve its goals and objectives Product...