Deck 12: Aligning Supply Chains
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Question
Unlock Deck
Sign up to unlock the cards in this deck!
Unlock Deck
Unlock Deck
1/35
Play
Full screen (f)
Deck 12: Aligning Supply Chains
1
4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.
True
2
Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.
False
3
Collaboration is usually defined as a "business practice that encourages individual organizations to share information and resources for the benefit of all."
True
4
3PL's are asset-based logistics providers that physically move product through the supply chain
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
5
A Third Party Logistics firm is defined as a company that owns trucks and warehouses so as to offer integrated services.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
6
The "IT gap" refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
7
A horizontal relationship refers to firms on the same level in the supply chain.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
8
Horizontal collaboration refers to a relationship that is _____ and/or _____.
A) 3PLs to 3PLs; service provider to service provider
A) buyer to buyer; seller to seller
B) flat across the chain; involving partners equal in size
C) collaboration with horizontal; vertical competitors
A) 3PLs to 3PLs; service provider to service provider
A) buyer to buyer; seller to seller
B) flat across the chain; involving partners equal in size
C) collaboration with horizontal; vertical competitors
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
9
A financial based 3PL is a firm that takes a financial interest in an organization in order to underwrite the outsourcing of that firm's logistics.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
10
Full collaboration is the dynamic combination of:
A) buyers, sellers, retailers, and 3PLs.
A) buyers, sellers, retailers, 3PLs, and appropriate government agencies.
B) both vertical and horizontal collaboration.
C) buyers and sellers only.
A) buyers, sellers, retailers, and 3PLs.
A) buyers, sellers, retailers, 3PLs, and appropriate government agencies.
B) both vertical and horizontal collaboration.
C) buyers and sellers only.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
11
Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
12
The range of relationships with 3PLs ranges from being a vendor to being a vertical supplier.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
13
The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
14
Vertical collaboration refers to:
A) collaboration among buyers and sellers in the supply chain.
B) collaboration among carriers and shippers.
C) collaboration that moves up the supply chain.
D) collaboration with competitors.
A) collaboration among buyers and sellers in the supply chain.
B) collaboration among carriers and shippers.
C) collaboration that moves up the supply chain.
D) collaboration with competitors.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
15
Whether the relationship may or may not be with a provider of logistics services, today's supply chain relationships are most effective when collaboration occurs among the _____ who are involved.
A) participants
B) third party logistics providers
C) customers
D) suppliers
A) participants
B) third party logistics providers
C) customers
D) suppliers
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
16
Drivers and facilitators are internal issues that an organization must address before seeking a 3PL.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
17
Outsourcing and contract logistics are terms sometimes used to describe third-party logistics.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
18
Many organizations are working more closely with:
A) customers.
B) customers and suppliers.
C) third-party logistics firms.
D) customers, suppliers, and various types of logistics suppliers.
A) customers.
B) customers and suppliers.
C) third-party logistics firms.
D) customers, suppliers, and various types of logistics suppliers.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
19
Vertical relationships more than horizontal relationships have been identified as highly useful to the achievement of long-term supply chain objectives.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
20
Many organizations have directed significant attention toward working more closely with supply chain partners, including not only customers and suppliers but also various types of logistics suppliers.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
21
What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
22
Define what a "transactional" relationship is, and discuss how this occurs in logistics.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
23
What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
24
The least-frequently used IT-based services by customers of 3PLs are:
A) transportation management (execution).
B) warehouse/distribution management.
C) global trade management and transport sourcing.
D) strategic and customer-related.
A) transportation management (execution).
B) warehouse/distribution management.
C) global trade management and transport sourcing.
D) strategic and customer-related.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
25
What does it take to have an area of "core competency"? Provide an example.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
26
What are some example types of services that may be available from a 4PL provider?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
27
What are the basic types of 3PL firms, and which are in most prevalent use?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
28
What are some of the types of activities often outsourced?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
29
Define and discuss the term "4PL."
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
30
Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) do you feel is (are) most critical?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
31
Generally, there are two types of logistics relationships. Name both, and pick one to discuss in more detail.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
32
How would you distinguish between the following terms: alignment, relationships, and collaboration?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
33
A third-party logistics firm may be defined as:
A) an outsource service.
A) a firm that owns trucks and warehouses.
B) a firm that owns trucks and warehouses and provides computer support.
C) an external supplier that performs or manages all or part of a company's logistics functions.
A) an outsource service.
A) a firm that owns trucks and warehouses.
B) a firm that owns trucks and warehouses and provides computer support.
C) an external supplier that performs or manages all or part of a company's logistics functions.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
34
How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
35
Approximately two-thirds of 3PL customers think their providers supply:
A) tactical or operational services.
B) strategic or integrative services.
C) trucking and warehouse services.
D) a firm that can supply a competency that is not core to the firm.
A) tactical or operational services.
B) strategic or integrative services.
C) trucking and warehouse services.
D) a firm that can supply a competency that is not core to the firm.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck