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Chapter 1: Q1-50Q (page 1)

Question:Order the following major concepts that have helped define the OSCM field on a timeline. Use 1 for the earliest concept to be introduced, and 5 for the most recent.

_________Supply chain management

_________Manufacturing strategy

_________Business analytics

_________Total quality management

_________Electronic commerce

Short Answer

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Answer

Business Analytics 鈥� 5, Electronic Commerce 鈥� 4, Supply Chain Management 鈥� 3, Total Quality Management 鈥� 2, Manufacturing Strategy developed - 1

Step by step solution

01

Introduction

Operations and Supply Chain Management (OSCM)is a vast term that involves both the manufacturing and service industries, encompassing tasks such as sourcing, materials management, operations planning, distribution, logistics, retail, demand forecasting, order fulfillment, and more.

02

Determine the earliest and most recent concept to be introduced.

Operations and Supply Chain Management is concerned with the design, planning, and management of all facilities, processes, and activities necessary to convert resources into goods and services both inside and between organizations. The following shows the emergence of major concepts of OSCM from the earliest to be introduced to the most recent one.

Business Analytics - 5

Electronic Commerce - 4

Supply Chain Management - 3

Total Quality Management - 2

Manufacturing Strategy developed - 1

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