Question 1

What are some of the major improvements that result from extended supply chain management?&#10;A) Cycle time reductions&#10;B) Enhanced operating parameters&#10;C) Improved replenishment rates&#10;D) Increased turnover of inventory

Accepted Answer

Cycle time reductions and increased turnover of inventory are major improvements that result from extended supply chain management.

Question 2

Which of the following are not among the major improvements that result from extended supply chain management?&#10;A) Cycle time reductions&#10;B) Enhanced operating parameters&#10;C) Improved replenishment rates&#10;D) Increased turnover of inventory

Accepted Answer

Enhanced operating parameters&#10;Improved replenishment rates&#10;

Question 3

Some vendors of customized supply chain management systems have chosen to target their efforts on:&#10;A) Plug-and-plan systems&#10;B) Off-the-shelf software&#10;C) Customer-centered solutions&#10;D) Best-of-brand applications

Accepted Answer

Vendors of customized supply chain management systems often focus on customer-centered solutions to tailor their offerings to the specific needs and requirements of individual clients, providing more personalized and effective solutions.

Question 4

Today, supply chain management is really only used for internal operations.

Accepted Answer

Supply chain management extends beyond internal operations to include coordination and collaboration with external partners such as suppliers, intermediaries, third-party service providers, and customers.

Question 5

Today, supply chain management is really only used for external operations.

Accepted Answer

Supply chain management encompasses both internal and external operations, including procurement, production, distribution, and logistics, to optimize the entire supply chain process.

Question 6

Some SCM software allows many heterogeneous systems to coexist through:&#10;A) Direct spend&#10;B) Synchronized forecasts&#10;C) Loose coupling&#10;D) Service level agreements

Accepted Answer

Loose coupling allows different systems to interact with each other without being tightly integrated, enabling heterogeneous systems to coexist.

Question 7

An outsourcing arrangement that is used by some SCM software makers is called:&#10;A) Direct spend&#10;B) Synchronized forecasts&#10;C) Loose coupling&#10;D) Service level agreements

Accepted Answer

Service level agreements (SLAs) are used to define the expectations and responsibilities of both the outsourcing provider and the customer. SLAs help to ensure that the outsourcing arrangement is successful and that both parties are satisfied with the results.

Question 8

Which of the following is an example of an external supply chain process?&#10;A) Collaborative planning&#10;B) Enterprise resource planning&#10;C) Sales force automation&#10;D) Supplier relationship management

Accepted Answer

The answer of Which of the following is an example...

Question 9

Which of the following is not an example of an external supply chain process?&#10;A) Collaborative planning&#10;B) Enterprise resource planning&#10;C) Sales force automation&#10;D) Supplier relationship management

Accepted Answer

The answer of Which of the following is not an...

Question 10

What are some of the major obstacles to end-to-end supply chain integration?&#10;A) Business concerns about loss of visibility and control&#10;B) Continuous de-manufacturing&#10;C) Difficulty implementing middleware&#10;D) Failure in applying tools to service planning problem

Accepted Answer

Business concerns about loss of visibility and control and difficulty implementing middleware are major obstacles to end-to-end supply chain integration.

Deck 11: Integrating Backward: Extending the Supply Chain