SCM 421 Final Exam/SCM 421 Exam 2 Q&A/SCM 421 Exam 3 Q&A 2023/SCM 421 MIDTERM QUESTIONS AND ANSWERS/SCM421 EXAM 1 QUESTIONS AND ANSWERS/SCM 421 Exam 3
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Which of the following is contributing to an increased emphasis on risk management? a. Globalization b. Outsourcing c. Faster clockspeeds d. Increasing customer demands e. All of the above - Answer- all of the above Just-in-time is related to which other principle? a. Lean production b. Ou...
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Add to cartWhich of the following is contributing to an increased emphasis on risk management? a. Globalization b. Outsourcing c. Faster clockspeeds d. Increasing customer demands e. All of the above - Answer- all of the above Just-in-time is related to which other principle? a. Lean production b. Ou...
True - Answer- T/F: The outsourcing decision is really about who can do it best Offshore Outsourcing - Answer- You work for a company located in the United States and have decided to buy customer contact center services from a company located in India. What is this is called? Make versus buy -...
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Add to cartTrue - Answer- T/F: The outsourcing decision is really about who can do it best Offshore Outsourcing - Answer- You work for a company located in the United States and have decided to buy customer contact center services from a company located in India. What is this is called? Make versus buy -...
What are the 4 steps to category planning? - Answer- Step 1: Define Objectives (Create Visibility) Step 2: Get the Facts (Define Boundaries) Step 3: Develop a Plan (Establish Priorities) -Focus on the "Big" Stuff -Manage the Small Stuff Step 4: Implement the Plan; Evaluate the Results (Stay ...
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Add to cartWhat are the 4 steps to category planning? - Answer- Step 1: Define Objectives (Create Visibility) Step 2: Get the Facts (Define Boundaries) Step 3: Develop a Plan (Establish Priorities) -Focus on the "Big" Stuff -Manage the Small Stuff Step 4: Implement the Plan; Evaluate the Results (Stay ...
What are retail chains large enough to buy directly from manufacturers called? - Answer- National accounts Which of the following is not a process that must be managed in the SCOR model? - Answer- Assess Which of the seven "rights" of purchasing is the most important? - Answer- The right sup...
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Add to cartWhat are retail chains large enough to buy directly from manufacturers called? - Answer- National accounts Which of the following is not a process that must be managed in the SCOR model? - Answer- Assess Which of the seven "rights" of purchasing is the most important? - Answer- The right sup...
Purchasing touches and serves the entire firm. T/F - Answer- T What areas should you become an expert in? - Answer- Resources, Suppliers, Processes, Technologies What does SCOR mean? - Answer- the Supply Chain Operations Reference (Plan, Source, Make, Deliver, Return, Enable) Purchasing pro...
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Add to cartPurchasing touches and serves the entire firm. T/F - Answer- T What areas should you become an expert in? - Answer- Resources, Suppliers, Processes, Technologies What does SCOR mean? - Answer- the Supply Chain Operations Reference (Plan, Source, Make, Deliver, Return, Enable) Purchasing pro...
Production planning and control systems are comprised of these 2 activities: - Answer- 1. Planning and control of materials "Materials management" 2.Planning and control of capacities "Capacity planning" Materials Management - Answer- supports the transformation of raw materials and comp...
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Add to cartProduction planning and control systems are comprised of these 2 activities: - Answer- 1. Planning and control of materials "Materials management" 2.Planning and control of capacities "Capacity planning" Materials Management - Answer- supports the transformation of raw materials and comp...
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