Deck 10: Extending the Organization-Supply Chain Management

Question 1

Define the relationship between supply chain management and decision making.

Answer 1

SCM enhances decision making.Collecting,analyzing,and distributing transactional information to all relevant parties,SCM systems help all the different entities in the supply chain work together more effectively.SCM systems provide dynamic holistic views of organizations.Without SCM systems,organizations would be unable to make accurate and timely decisions regarding their supply chains.

Question 2

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

Answer 2

(1)Visibility - More visible models of different ways to do things in the supply chain have emerged.High visibility in the supply chain is changing industries,as Dell demonstrated.
(2)Consumer behavior - Companies must respond to demanding customers through supply chain enhancements.
(3)Competition - Increased competition makes any organization that is ignoring its supply chain at risk of being obsolete.
(4)Speed - As the pace of business increases through electronic media,an organization's supply chain must respond efficiently,accurately,and quickly.

Question 3

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

Answer 3

True
Explanation: This is a key to success for SCM.

Question 4

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

Question 5

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

Question 6

List and describe the components of a typical supply chain.

Question 7

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

A) Speed
B) Consumer behavior
C) Visibility
D) Scalability

Question 8

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 9

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 10

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.

Question 11

Which of the following is a key to SCM success?

A) Support Organizational Goals.
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 12

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

Question 13

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 14

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

Question 15

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

Question 16

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 17

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 18

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

Question 19

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