Asked by Lucinda Donaldson on Jun 18, 2024
Verified
________ eliminates the need for the company to submit purchasing orders.
A) CRM
B) FAIS
C) TPS
D) VMI
VMI
Vendor Managed Inventory, a supply chain practice where the supplier manages inventory levels for the customer.
CRM
Customer Relationship Management, a strategy for managing an organization's relationships and interactions with customers and potential customers.
FAIS
Stands for Fully Automated Installations System, but if this is not accurate, there might be different interpretations or it could be a less known or colloquial term.
- Become familiar with the fundamental concepts and objectives of various information systems (IS) such as ERP, TPS, SCM, CRM, FAIS, and MRP.
- Determine the duties and capabilities of information systems in orchestrating inventory control, conducting transactions, and supervising manufacturing operations.
Verified Answer
Learning Objectives
- Become familiar with the fundamental concepts and objectives of various information systems (IS) such as ERP, TPS, SCM, CRM, FAIS, and MRP.
- Determine the duties and capabilities of information systems in orchestrating inventory control, conducting transactions, and supervising manufacturing operations.
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