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SCMN 3730: Exam lead times - ANSWER Stabilize, reduce, ensure the amount of time it takes for the product to arrive Value advantages - ANSWER Quicer response, improved quality, increased reliability, improved relationship Cost advantages - ANSWER $17.99   Add to cart
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Exam (elaborations)

SCMN 3730: Exam lead times - ANSWER Stabilize, reduce, ensure the amount of time it takes for the product to arrive Value advantages - ANSWER Quicer response, improved quality, increased reliability, improved relationship Cost advantages - ANSWER

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SCMN 3730: Exam lead times - ANSWER Stabilize, reduce, ensure the amount of time it takes for the product to arrive Value advantages - ANSWER Quicer response, improved quality, increased reliability, improved relationship Cost advantages - ANSWER Efficiency gains, reduce purchase cos...

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Document information

  • September 25, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • scmn 3730 exam lead times answer stabilize

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  • SCMN 3730: E
  • SCMN 3730: E

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leonardmuriithi061

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SCMN 3730: Exam

lead times - ANSWER Stabilize, reduce, ensure the amount of time it takes for the
product to arrive

Value advantages - ANSWER Quicer response, improved quality, increased
reliability, improved relationship

Cost advantages - ANSWER Efficiency gains, reduce purchase costs, reduce
inventory levels, reduce waste

Decentralized - ANSWER no corporate role. divisional control

centralized - ANSWER single upward reporting structure. maximize corporate
leverage, stream line purchasing

make - ANSWER The organization produces the goods or provides the services
internally.

buy - ANSWER organization buys from a supplier

insourcing - ANSWER Transition from buy to make

outsourcing - ANSWER Transition from make to buy

offshore insourcing - ANSWER processes are done at offshore subsidiary

offshore outsourcing - ANSWER processes are sourced from offshore

domestic insourcing - ANSWER processes are done in-house in home country

domestic outsourcing - ANSWER processes are sourced from domestic supplier in
home country

transaction const economics - ANSWER cost of producing something should be
weighed against the cost of acquiring it in a market

attributes of a transaction - ANSWER incentives, Administrative Control, adaptation,
contract law

asset specificity of transaction cost economics - ANSWER the degree to which an
asset can be redeployed for other purposes

Site Specificity - ANSWER The supply chain is situated as to economize
transactions for a specific location.

physical asset specificity - ANSWER Specialized equipment

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