Page 147 - DMGT523_LOGISTICS_AND_SUPPLY_CHAIN_MANAGEMENT

Logistics and Supply Chain Management

Notes Management Control: It is characterized by an evaluative, tactical, intermediate-term focus that
evaluates past performance and identifies alternatives.
Manufacturing Requirements: Manufacturing requirements schedule production resources and
attempt to resolve day-to-day capacity bottlenecks within the materials management system.
Procurement Requirements: Procurement requirements schedule material releases, shipments,
and receipts.
Radio Frequency Data Communication (RFDC): It refers to the technology which is used within
relatively small areas, such as distribution centres, to facilitate two-way information exchange.

Replenishment Orders: Replenishment orders control finished good movement between
manufacturing and distribution facilities.
Strategic Planning: Strategic planning is an organization’s process of defining its strategy, or
direction, and making decisions on allocating its resources to pursue this strategy.
Transaction Activities: It includes order entry, inventory assignment, order selection, shipping,
pricing, invoicing, and customer inquiry.

6.11 Review Questions

1. “Information integrates supply chain activities by building on four levels of functionality.”
Explain with the help of diagram.
2. Highlight the principles of Logistics Information.
3. “Logistics system planning/coordination components form the information system
backbone for manufacturers and merchandisers.” Elucidate.
4. Define ERP or Legacy Systems.
5. What is Execution Systems?
6. Throw some light on the Planning Systems.
7. What do you understand by Electronic Data Interchange?

8. Write brief note on Internet.
9. Define Extensible Markup Language (XML).
10. Describe the usage of Radio Frequency Data Communication (RFDC) technology.

11. Discuss the rationale for ERP implementation.
12. Explain the design of ERP System.
13. Discuss supply chain system planning/coordination components.
14. Elucidate the Logistics and manufacturing requirements in supply chain system.

Answers: Self Assessment

1. Management Control 2. SCIS

3. True 4. False
5. Architecture 6. Replenishment
7. True 8. False

142 LOVELY PROFESSIONAL UNIVERSITY