Deck 10: Extending the Organization Supply Chain Management

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Question
Materials flow from suppliers and their _______________ suppliers at all levels.
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Question
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
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.
Question
Information technology,consumer behavior,visibility,and speed are the four changes resulting from advances in technology that are driving supply chains.
Question
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
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
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
Plan,source,make,deliver,and return are the five basic supply chain management components.
Question
Deploy in incremental phases and measure and communicate success is one of the keys to success for SCM.
Question
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
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
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
When was SCM developed?

A) 1950s
B) 1970s
C) 1990s
D) 2004
Question
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
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
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
The customers' customer is upstream in the supply chain.
Question
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
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
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
Distribution of products flow from customers and their _____________ customers at all levels.
Question
Consumer behavior,_____________,competition,and speed are the four changes resulting from advances in IT that are driving supply chains.
Question
Make the sale to ___________ is one of the keys to SCM success.
Question
List and describe the components of a typical supply chain.
Question
The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.
Question
Define the relationship between supply chain management and decision making.
Question
Describe the four changes resulting from advances in IT that are driving supply chains.
Question
Summarize the best practices for implementing a successful supply chain management system.
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Deck 10: Extending the Organization Supply Chain Management
1
Materials flow from suppliers and their _______________ suppliers at all levels.
Upstream
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
A
Explanation: This is the definition of the bullwhip effect.
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.
A
Explanation: Materials flow from suppliers and their "upstream" suppliers at all levels.
4
Information technology,consumer behavior,visibility,and speed are the four changes resulting from advances in technology that are driving supply chains.
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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.
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Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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
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Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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
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8
Plan,source,make,deliver,and return are the five basic supply chain management components.
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9
Deploy in incremental phases and measure and communicate success is one of the keys to success for SCM.
Unlock Deck
Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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.
Unlock Deck
Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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
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Unlock for access to all 28 flashcards in this deck.
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k this deck
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
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13
When was SCM developed?

A) 1950s
B) 1970s
C) 1990s
D) 2004
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k this deck
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.
Unlock Deck
Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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
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Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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.
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17
The customers' customer is upstream in the supply chain.
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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.
Unlock Deck
Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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
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Unlock for access to all 28 flashcards in this deck.
Unlock Deck
k this deck
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
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k this deck
21
Distribution of products flow from customers and their _____________ customers at all levels.
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22
Consumer behavior,_____________,competition,and speed are the four changes resulting from advances in IT that are driving supply chains.
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Unlock Deck
k this deck
23
Make the sale to ___________ is one of the keys to SCM success.
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k this deck
24
List and describe the components of a typical supply chain.
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25
The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.
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26
Define the relationship between supply chain management and decision making.
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27
Describe the four changes resulting from advances in IT that are driving supply chains.
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28
Summarize the best practices for implementing a successful supply chain management system.
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