Deck 10: Extending the Organization Supply Chain Management

Question 1

Materials flow from suppliers and their _______________ suppliers at all levels.

Answer 1

Upstream

Question 2

What is it called when distorted product demand information passes from one entity to the next throughout the supply chain?

A) Bullwhip effect
B) Demand planning software
C) Supply chain planning software
D) Supply chain execution software

Answer 2

A
Explanation: This is the definition of the bullwhip effect.

Question 3

Which of the following is not one of the three main links in the supply chain?

A) Materials flow from suppliers and their downstream suppliers at all levels.
B) Transformation of materials into semifinished and finished products-the organization's own production processes.
C) Distribution of products to customers and their downstream customers at all levels.
D) None of these.

Answer 3

A
Explanation: Materials flow from suppliers and their "upstream" suppliers at all levels.

Question 4

Information technology,consumer behavior,visibility,and speed are the four changes resulting from advances in technology that are driving supply chains.

Question 5

Which of the following is a key to SCM success?

A) Be future oriented.
B) Listen to signals from telecommunications equipment and plan accordingly.
C) Wean suppliers off traditional business practices.
D) Make the sale to the manufacturers.

Question 6

Which of the following automates the different steps and stages of the supply chain?

A) Bullwhip effect
B) Demand planning software
C) Supply chain planning software
D) Supply chain execution software

Question 7

What is the set of processes that plans for and controls the efficient and effective transportation and storage of supplies from suppliers to customers?

A) Supply chain execution
B) Logistics
C) Demand planning
D) Supply chain planning

Question 8

Plan,source,make,deliver,and return are the five basic supply chain management components.

Question 9

Deploy in incremental phases and measure and communicate success is one of the keys to success for SCM.

Question 10

What does the average company spend on production needs?

A) Almost 10 percent of every dollar that it earns.
B) Almost 20 percent of every dollar that it earns.
C) Almost 40 percent of every dollar that it earns.
D) Almost 50 percent of every dollar that it earns.

Question 11

Which of the following is not one of the four changes resulting from advances in technology that are driving supply chains?

A) Information technology
B) Consumer behavior
C) Visibility
D) Scalability

Question 12

Which of the following is not one of the five basic components of supply chain management?

A) Plan
B) Source
C) Cost
D) Deliver

Question 13

When was SCM developed?

A) 1950s
B) 1970s
C) 1990s
D) 2004

Question 14

Which of the following is not a principle of supply chain management?

A) Customize the logistics network and focus intensively on the service requirements.
B) Listen to signals of market demand and plan accordingly.
C) Segment customers by service needs and then tailor services to those particular segments.
D) Listen to signals from telecommunications equipment and plan accordingly.

Question 15

Today,SCM systems focus on extending beyond an organization's four walls to influence:

A) Suppliers
B) Suppliers' suppliers
C) Customers' customers
D) All of these

Question 16

Which of the following is not one of the main links in the supply chain?

A) Materials flow from suppliers and their upstream suppliers at all levels.
B) Transformation of materials into semifinished and finished products, or the organization's own production processes.
C) Distribution of products to customers and their downstream customers at all levels.
D) Materials flow from customers and their downstream customers at all levels.

Question 17

The customers' customer is upstream in the supply chain.

Question 18

Information technology's primary role in supply chain management is creating the integrations,or tight process and information linkages,between functions within a firm-such as marketing,sales,finance,manufacturing,and distribution-and between firms.

Question 19

What is the ability to view all areas up and down the supply chain?

A) Bullwhip effect
B) Demand planning software
C) Supply chain visibility
D) Supply chain execution software

Question 20

Which of the following generates demand forecasts using statistical tools and forecasting techniques?

A) Bullwhip effect
B) Demand planning software
C) Supply chain visibility
D) Supply chain execution software

Question 21

Distribution of products flow from customers and their _____________ customers at all levels.

Question 22

Consumer behavior,_____________,competition,and speed are the four changes resulting from advances in IT that are driving supply chains.

Question 23

Make the sale to ___________ is one of the keys to SCM success.

Question 24

List and describe the components of a typical supply chain.

Question 25

The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.

Question 26

Define the relationship between supply chain management and decision making.

Question 27

Describe the four changes resulting from advances in IT that are driving supply chains.

Question 28

Summarize the best practices for implementing a successful supply chain management system.