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Chapter One – Introduction to Materials Management

CPIM Exam – Basics of Supply Chain Management Practice Study Sheet Ch... thumbnail 1 summary


CPIM Exam – Basics of Supply Chain Management Practice Study Sheet

Chapter One – Introduction to Materials Management


Lead time shrinks and inventory increases as you go from
1) engineer to order 2) make to order 3) assemble to order 4) make to stock

• Three critical elements of the supply chain are
1) flow of materials 2) flow of information 3) fund transfers


Manufacturing Planning and Control consist of
1) Production Planning 2) Implementation and Control 3) Inventory Management

Production Planning includes
1) forecasting 2) master planning 3) material requirements planning and 4) capacity planning

Implementation and Control includes
1) Production Activity Control and 2) Purchasing

• Five basic inputs to the Manufacturing Input and Control system are
1) product description / bill of material 2) process specifications 3) time needed to perform operations, in standard time 4) available facilities and 5) quantities required

• Physical supply and distribution includes
1) transportation 2) distribution inventory 3) warehousing 4) packaging 5) materials handling 6) order entry