MSIS 8.1 – Flashcards
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Integration
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Allow separate systems to communicate directly with each other, eliminating the need for manual entry into multiple systems
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Eintegration
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The use of the internet to provide customers with the ability to gain personalized information by querying corporate databases and their information sources
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Application Integration
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The integration of a company's existing management information systems
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Data Integration
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The integration of data from multiple sources, which provides a unified view of all data
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Forward Integration
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Sends information entered into a given system automatically to all downstream systems and processes
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Backward Integration
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Sends information entered into a given system automatically to all upstream systems and processes
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Enterprise Systems
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Provide enterprise support and data access for a firm's operations and business processes
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Enterprise Application Integration (EAI)
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Connects the plans, methods, and tools aimed at integrating separate enterprise systems
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Middleware
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Several types of software that sit between and provide connectivity for two or more software applications
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Enterprise Application Integration (EAI) Middleware
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Takes a new approach to middleware by packaging commonly used applications together, reducing the time needed to integrate applications from multiple vendors
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Supply Chain
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Consists of all parties involved, directly or indirectly, in obtaining raw materials or a product
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Supply Chain Management (SCM)
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The management of information flows between and among activities in a supply chain to maximize total supply chain effectiveness and corporate profitability
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Back Order
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An unfilled customer order for a product that is out of stock
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Inventory Cycle Time
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The time it takes to manufacture a product and deliver it to the retailer
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Customer Order Cycle Time
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The agreed upon time between the purchase of a product and the delivery of a product
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Inventory Turnover
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The frequency of inventory replacement
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Supply Chain Planning Systems
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Use advanced mathematical algorithms to improve the flow and efficiency of the supply chain while reducing inventory
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Supply Chain Execution Systems
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Ensure supply chain cohesion by automating the different activities of the supply chain
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Electronic Data Interchange (EDI)
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A standard format for the electronic exchange of information between supply chain participants
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Bullwhip Effect
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Occurs when distorted product demand information ripples from one partner to the next throughout the supply chain
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Procurement
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The purchasing of goods and services to meet the needs of the supply chain
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Logistics
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Includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain
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Cradle to Grave
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Provides logistics support throughout the entire system or life of the product
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Materials Management
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Include activities that govern the flow of tangible, physical materials through the supply chain such as shipping, transport, distribution, and warehousing
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3D Printing
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Builds layer by layer in an additive process a three dimensional solid object from a digital model
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Computer Aided Design/ Computer Aided Manufacturing (CAD/CAM)
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Used to create the digital designs and then manufacture the products
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Maker Movement
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A cultural trend that places value on an individual's ability to be a creator of things as well as a consumer of things
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Makerspaces
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A community center that provides technology, manufacturing equipment, and educational opportunities to the public that would otherwise be inaccessible or unaffordable
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Radio Frequency Identification (RFID)
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Uses electronic tags and labels to identify objects wirelessly over short distances
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RFIDs Electronic Product Code (RFID EPC)
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Promotes serialization or the ability to track individual items by using the unique serial number associated with each RFID tag
