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SCM 300 EXAM 1 MODULES 1-4 (DAVILA) QUESTIONS WITH CORRECT ANSWERS.
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SCM 300 EXAM 1 MODULES 1-4 (DAVILA) QUESTIONS WITH CORRECT ANSWERS.
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SCM 300 EXAM 1 MODULES 1-4(DAVILA) QUESTIONS WITH CORRECT
ANSWERS
Supply mmChain mmManagement mm- mmAnswerthe mmmanagement mmof mmthe mmchain
mmof mmsupplies
buy mmit mm-> mmmake mmit mm-> mmmove mmit mm-> mmsell mmit mm-> mmservice mmit mm-
mmAnswerSCM mmFlows/Strategy
1. mmcost
2. mmquality
3. mmspeed/time
4. mmflexibility mm- mmAnswerCompetitive mmPriorities
value mm(what mmi mmget/price) mm- mmAnswercustomers mmperspective
productivity mm(what mmi mmmake/cost) mm- mmAnswerorganization mmperspective
1. mmProcurement
2. mmOperations
3. mmLogistics mm- mmAnswerSCM mmKey mmComponents
Procurement mm(buy mmit) mm- mmAnswerprocess mmof mmobtaining mmservices, mmsupplies,
mmand mmequipment mmin mmconformance mmwith mmcorporate mmregulations
Operations mm(make mmit) mm- mmAnswermakes mmbusiness mmprocesses mmeffective
mmand mmefficient. mmThey mmhelp mmthe mmorganization mmcreate mmhigh mmquality
mmproducts/ mmservices mmusing mmthe mmfewest mmresources
Logistics mm(move mmit) mm- mmAnswerdeveloping mmthe mmtransportation mmitinerary
mmand mmfinding mmreliable mmtransportation mmand mmstorage mmpartners, mmto mmbe
mmable mmto mmnavigate mmthe mmflow mmof mmmaterials mmto mmthe mmfinal mmdestination
purchasing mm-> mmproduction mm-> mmdistribution mm-> mmretail mmsales mm- mmAnswerThe
mmSupply mmChain
The mmefficient mmintegration mmof mmthe mmSupply mmChain mm- mmAnswerSCM mmDef
, satisfy mmthe mmcustomer, mmsatisfy mmthe mmcompany, mmconsider mmthe mmfuture mm-
mmAnswerSuccessful mmSC mmManager
sustainable mmlong mmterm mmprofits mmand mmmaimize mmROI mm- mmAnswerCorporation
mmGoals
Reverse mmLogistics mm- mmAnswerreuse mmof mmproduction mmand mmmaterials
1st mmTier mmSuppliers mm- mmAnswera mmcompany's mmdirect mmsupplier. mmA mmfirm
mmthat mmdirectly mmprovides mmgoods mmand/ mmor mmservices mmto mma mmcompany
2nd mmTier mmSuppliers mm- mmAnswera mmfirm mmprovides mmgoods mmand/ mmor
mmservices mmto mma mmcompany's mmfirst-tier mmsupplier
Downstream mm- mmAnswerdirection mmin mmwhich mmproducts mmflow mmtowards mman
mmend mmconsumer. mmDirection mmis mmthe mmright. mm
Storage mmand mmconsolidation/sorting
picking mmand mmpacking, mmlabeling
Upstream mm- mmAnswerdirection mmfrom mmcustomers mmto mmsuppliers. mmDirection mmis
mmthe mmleft
central mmreturn mmcenter mmAKA mmreverse mmlogistics mmactivities
Business mmmodel mm- mmAnswerplanning mmto mmpurchase, mmtransform, mmdeliver,
mmand mmsell mmproducts mmwith mmintent mmon mmmaking mma mmprofit
Supply mmChain mmVisibility mm- mmAnswerability mmto mmsee mmwhat mmis mmhappening
mmwith mminventory mmup mmand mmdown mma mmsupply mmchain
Profit mm- mmAnswerFormula: mmprofit mm= mmrevenue mm- mmcost. mmIf mmsupply mmchain
mmcreates mma mmdamaged mmproduct mmno mmone mmwill mmbuy mmit mmfor mma mmpremium
mmprice, mmthat's mmwhy mmit's mmimportant mmfor mmthe mmsupply mmchain mmto mmdeliver
mmthe mmbest mmproducts
ROI mm- mmAnswerFormula: mmtotal mmprofit/ mmtotal mminvest mmmoney. mmReturn mmon
mminvestment- mman mmeconomic mmmeasure mmthat mmhelps mmevaluate mmthe mmreturn
mmof mmmoney. mmScenario mm1: mm10/1,000 mm= mm0.01 mmScenario mm2: mm10/1 mm=
mm10 mm(good mminvestment).
total mmprofit/ mmtotal mminvest mmmoney mm- mmAnswerROI mmFormula
profit= mmrevenue mm- mmcost mm- mmAnswerProfits mmFormula
Delivery mmtime mm- mmAnswerfrom mmorder mmplacement mmto mmorder mmfulfillment
1. mmdefaults
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