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level: Level 1 of Chapter 9

Questions and Answers List

level questions: Level 1 of Chapter 9

QuestionAnswer
3 categories that operations create value for competitivenessForm Place Time
How does form create competitive value?1. Physical properties of the product 2. Quantity 3. What
How does Place create competitive value?1. Place conditions 2. Locations
How does Time create competitive value?1. Time conditions 2. When?
When is Closed loop supply chains (CLSC) & Reverse Logistics used..is often used to recover the embedded value in some products or some specific part of the product
Closed loop SC and reverse logistics can be divided into 3 parts..1. waste management where recycling is central (avfallshantering) 2. product recovery management where remanufacturing and refurbishing (renovering) is central 3. direct reuse which often is the least complex part with for instance only repackaging or reparation
Difficulties in returns..1. Forecasting of available returns (Prognos av tillgänglig avkastning) 2. Route planning 3. Warehouse management & storage options 4. Inventory management 5. Production planning
Reverse Logistics (När vi ska återvinna)..1. Sorting function 2. Requires competence, knowledge and knowledge of the market 3. In principle - the closer to the consumer, the more high-quality returns 4. But, the closer to the consumer the (more) specialized return systems 5. Which in turn risks becoming ineffective 6. Who pays for the return flow chain
Where in the chain of return flows, does the return item move from a negative to a positive value?initially, when a product is returned, it is considered a negative value as it represents a loss for the company due to customer dissatisfaction, product defects, or other reasons. Such as refurbishing (renovera) the returned item to resell it as a refurbished product, repairing the product to bring it back to working condition.