omis 340 final exam
Cross-docking is essentially the reverse procedure from consolidation
warehousing - correct answer ✔True
Assortment warehousing is a form of warehousing that combines classic
operations with light manufacturing and packaging duties, in order to assure
short customer lead times - correct answer ✔False
Outsourcing refers to the transfer of processes that the organization could
execute to external partners - correct answer ✔True
A spend analysis reveals a set of category items that require a more
systematic sourcing strategy - correct answer ✔True
In a spend analysis, you mainly utilize information from previous supplier
scorecards which evaluated supplier performance with respect to various
dimensions such as quality and reliability - correct answer ✔False
Analytical Hierarchy Process (AHP) technique allows us to develop numerical
scores to rank decision alternatives, but not numerical scores to rank decision
criteria - correct answer ✔False
A category refers to a specific end item that the end customers in a supply
chain are purchasing from retailers - correct answer ✔False
POS data and RFID are for better supply chain visibility - correct answer
✔true
, Accuracy is a key performance dimension for strategic decision making
information flows - correct answer ✔False
In an SAP environment, one purchasing organization can be responsible for
multiple plants - correct answer ✔True
The mode of transportation that is highly cost effective for bulky items but has
relatively poor delivery reliability and speed is: - correct answer ✔water
What is an example of consolidation warehousing? - correct answer ✔A
single manufacturer takes output from several of its manufacturing plants and
combines them into one shipment to a major customer
Which of the following is not a warehousing system for service benefits?
a. assortment
b. spot-stock
c. cross-docking
d. postponement
e. none of the above - correct answer ✔cross-docking
Procurement - correct answer ✔- strategic (not transactional) process
- identify needs and requirements
- research suppliers
- supplier evaluation
- negotiation
- supplier relationships
- cost savings and profit margin analysis
Cross-docking is essentially the reverse procedure from consolidation
warehousing - correct answer ✔True
Assortment warehousing is a form of warehousing that combines classic
operations with light manufacturing and packaging duties, in order to assure
short customer lead times - correct answer ✔False
Outsourcing refers to the transfer of processes that the organization could
execute to external partners - correct answer ✔True
A spend analysis reveals a set of category items that require a more
systematic sourcing strategy - correct answer ✔True
In a spend analysis, you mainly utilize information from previous supplier
scorecards which evaluated supplier performance with respect to various
dimensions such as quality and reliability - correct answer ✔False
Analytical Hierarchy Process (AHP) technique allows us to develop numerical
scores to rank decision alternatives, but not numerical scores to rank decision
criteria - correct answer ✔False
A category refers to a specific end item that the end customers in a supply
chain are purchasing from retailers - correct answer ✔False
POS data and RFID are for better supply chain visibility - correct answer
✔true
, Accuracy is a key performance dimension for strategic decision making
information flows - correct answer ✔False
In an SAP environment, one purchasing organization can be responsible for
multiple plants - correct answer ✔True
The mode of transportation that is highly cost effective for bulky items but has
relatively poor delivery reliability and speed is: - correct answer ✔water
What is an example of consolidation warehousing? - correct answer ✔A
single manufacturer takes output from several of its manufacturing plants and
combines them into one shipment to a major customer
Which of the following is not a warehousing system for service benefits?
a. assortment
b. spot-stock
c. cross-docking
d. postponement
e. none of the above - correct answer ✔cross-docking
Procurement - correct answer ✔- strategic (not transactional) process
- identify needs and requirements
- research suppliers
- supplier evaluation
- negotiation
- supplier relationships
- cost savings and profit margin analysis
