100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SCM 300 exam 3 with correct Answers $11.49   Add to cart

Exam (elaborations)

SCM 300 exam 3 with correct Answers

 6 views  0 purchase
  • Course
  • SCM 300
  • Institution
  • SCM 300

SCM 300 exam 3 with correct Answers

Preview 2 out of 8  pages

  • August 15, 2024
  • 8
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • SCM 300
  • SCM 300
avatar-seller
millyphilip
SCM 300 exam 3 with correct Answers
Business Process - Answer -a standardized set of activities that accomplish a specific
task, such as processing a customer's order

Relationship between business processes and supply chain - Answer ->>Made up of a
series of interconnected and interdependent processes
>>Productivity-Managing Inputs and Outputs at a smaller scale

Three requirements of a good process - Answer -good intentions, reproducible results,
measurable and manageable

Common reasons for bad processes - Answer -Never was good, used to be good,
limitations

Cow Path Theory - Answer -Demonstrates bad process;
>>A story told by consultants to other consultants and their clients to explain how their
processes got so bad
>>A story about a cow who got a job to go drink water
>>Shows a lack of communication and ambiguity in bad processes
>>EXAMPLE: Computer Silicon Wafers - Baskets

Three benefits of excellent business process - Answer -Manage from a distance, large
customer base, key to franchising

Difference between block diagram and business process flow chart - Answer ->>Shows
step by step process without determent and only with one shape. Nothing in layout
allows anything to change, important because it can show how many things can go
wrong at previous steps that eventually hurts the production.
>>Has different shapes that mean different things. Allows process to be customized
depending on specific questions from client/order.

scope - Answer -Define process requirements and boundaries

Scope Inflation - Answer -Work goes beyond the minimum required to get the job done.
Negative results

, Swim Lane Flowchart - Answer -A(n) ________ shows processing steps grouped
according to which company department is responsible for performing them.

Value of flowcharts for the organization - Answer -Quality control tool
Information technology: capture and store information
Resource management (requirements): employees and managers (skills, training),
materials and capital equipment, money
Operational considerations: testing potential failure points in process, waiting line
management
Departmental concerns: marketing, finance, and accounting and IT

Value of Process improvement and Project Management on Careers - In-class
examples - Answer ->>Vital to corporate careers, no matter the major
>>Resume Builder
>>Corporate careers - Politics, Leverage, Capital
Projects are vital to move forward

Attributes of a good consultant - Answer -1.Data collection, data analysis
2.Be creative
3.Have a long-term vision: consider human nature
4.Understand group/ team dynamics for CLIENTS and your TEAMS
5.Understand business imperatives: can you explain change and the benefits of change

Common consulting errors - Answer -At Beginning
-assume things
-developing solutions too soon
-listening to the client's pre-fabricated solutions
During the Project
-utilizing poor surveys - single opportunity
-poorly managed scope inflation
-sticking to a dead end scope
-trying to maintain happiness

BPI Business Process Improvement - Answer --performed in teams of employees that
include process expert (process owner), people can be involved directly/inderectly

Desired state vs. present state - Answer -Desired state: interview - identify objectives,
goals and metrics
Present state: data collection, interviews, and observations

gap analysis - Answer -a marketing research method that measures the difference
between a customer's expectation of a service quality and what actually occurred

Scoping the project - Answer -Which gaps will be addressed...
typically looking for max results with min resources

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller millyphilip. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83100 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.49
  • (0)
  Add to cart