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Exam (elaborations)

SCS- Quiz 9 (1).

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Exam of 2 pages for the course SCS prep course at SCS prep course (SCS- Quiz 9 (1).)

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  • July 12, 2024
  • 2
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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SCS- Quiz 9
Core Competencies - ANS-most companies that are industry leaders build core comp around a
handful of essential skills

Privatizing - ANS-Gov't agency outsourcing

Contract Manufacturing - ANS-3rd party makes end product

non-critical activities - ANS-allows company's to leverage complementary core competencies

3rd Party Logistics - ANS-use yellow pages to find someone (transportation, warehousing)

top priority for outsourcing - ANS-reduce operating cost

tactical risk - ANS-Short term- hidden transaction or mgmt costs

Business Process Outsourcing - ANS-outsourcing support functions (payroll, accounting)

Offshoring - ANS-different country, different company

Strategic risk - ANS-long term- loss of competitive position

Niche - ANS-generally specialized, very specific, limited outsourced good

Arms Length - ANS-simple/ straight forward, easily switch suppliers

4 Outsourcing Relationships - ANS-1.Arms Length
2. Niche
3. Hybrid
4. Solutions Integrator

Hybrid - ANS-moderate importance, high degree of reliance

Solutions Integrator - ANS-fully committed w/ supplier, strategic items and processes

Relationships should always have - ANS-ongoing supplier evaluation and feedback

outsourcing arrangements - ANS-traditional buyer would do nicely w/ routine or contract
relationship

3 Outsourcing Process Phases - ANS-1. Establish outsourcing mission

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