SCMN 2150 QUIZZES QUESTIONS

Who is the most important participant in the supply chain? - Answer-the consumer How many primary groups are in the SC? - Answer-5 What consulting company was your professor formally an executive? - Answer-Accenture In reality, what does a SC look like? - Answer-A spiderweb SCM help companies outpace the competition by managing their materials, product, and information flows in order to be: - Answer-better, faster, cheaper If an organization can get its supply chain well synchronized, what ultimate benefit will be achieved? - Answer-network excellence What should drive activity across the supply chain? - Answer-customer demand What is the most tangible, basic flow in a supply chain? - Answer-product flow Which supply chain process focuses on the transformation of inputs into outputs? - Answer-production The customer is not always the king. You need to balance supply chain service and profitability, saving your best capabilities for your most profitable customers. T/f - Answer-True What is the most challenging and time consuming step of the supply chain network design process? - Answer-data collection and validation According to this week's reading about facility location, what has US industry migrated from the northeast to the southeast? - Answer-greater supply of lower-cost land and labor In