Midterm Bonus
Midterm Bonus
able to familiarize myself with studying the subject. I learned about Supplier customer
perspective of supply in the first lesson. Where the company looks for other suppliers and other
ways of getting new customers. For the second lesson I was able to learn about the eight
dimensions of Quality and these eight dimensions are; performance, features, reliability,
durability, conformance, serviceability, aesthetics and perceived quality. For the third topic I was
able to learn more about total quality management. I learned that it is a philosophy and system
of management. At the same time I was also able to learn about Deming’s 14 points, the four
important features of TQM, Kaizen and Deming wheel, Sampling, inspection and testing. For
the fourth topic I learned a lot about inventories; its functions and forms of inventory, the types of
techniques and tools when it comes to inventory such as inventory costing, ABC classification,
Vendor or Supplier Managed inventory, Lean supply, JIT, Kanban systems and Supply chain
inventory management. After that i was able to understand the Identifications and specifications,
The need criteria in value proposition, Strategic Criteria, Traditional Criteria, Additional Current
Criteria, Description and the methods of description, sources of specifications of data and lastly
on the topic are standardization and simplification. For the second to the last topic of the
midterms I was also able to learn about the Generic Channels of Distribution, Typical Channel
Structure, The three dimensions of Channel Structure, Channel mapping, The principle of
minimum transactions. The final topic in the midterms which i’ve learned are the Logistics, Role
of supply in logistics, Key logistics functions in a supply chain, Transportation modes and
Transportation which are the rail, road, air, pipeline, water, radio frequency waves. And lastly the
transportation service providers. I was able to learn and understand all of these lessons which