Scmn exam 2 auburn 1 - Study guides, Revision notes & Summaries

SCMN 2150 Test 2 Auburn University Exam Review Questions & Answers What is procurement? - ANSWER-process of actually purchasing goods and services How does procurement differ from strategic sourcing? - ANSWER-Procurement operations support tactical day-to-day transactions such as issuing purchase orders to suppliers, whereas strategic sourcing represents to strategic planning, supplier development, contract negotiation, supply chain infrastructure, and outsourcing models. What is outsou...

SCMN 2150 Auburn Barto Test 2 Exam Questions With Verified Answers Supply management - answerThe identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. focuses on linking strategies and decisions related to the procurement of goods and services strategic sourcing (1) - answeran institutional procurement process that continuously improves and re-evaluates t...

SCMN Exam 2 Auburn Questions With 100% Correct Answers What are key supply chain information requirements? (6) - answer-Accuracy -Relevance -Current (timely) -Reliable -Transferable -Usable What benefits are created by supply chain information technology? (6) - answer1. Cross chain visibility 2. Speed up process 3. Allows agility (adapt and change) 4. Collaboration (internal or external data pools) 5. Differentiation 6. Risk management What capabilities does supply chain informati...

SCMN 2150 Auburn Barto Test 2 Exam Questions With Verified Answers Supply management - answerThe identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. focuses on linking strategies and decisions related to the procurement of goods and services strategic sourcing (1) - answeran institutional procurement process that continuously improves and re-evaluates t...

SCMN Exam 2 Auburn (1).

SCMN Exam 2 Auburn (1).

SCMN Exam 2 Auburn (1)

SCMN 2150 Test 2 Auburn University Exam Review With ALL Questions & Answers What is procurement? ANSWER: the process of actually purchasing goods and services How does procurement differ from strategic sourcing? ANSWER: Procurement operations support tactical day-to-day transactions such as issuing purchase orders to suppliers, whereas strategic sourcing represents strategic planning, supplier development, contract negotiation, supply chain infrastructure, and outsourcing models. What ...