SCM 361 Final Actual Exam Questions and CORRECT Answers
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Course
SCM 361
Institution
SCM 361
SCM 361 Final Actual Exam Questions
and CORRECT Answers
5 C's of global supply chain design - CORRECT ANSWER- compatibility
configuration
coordination
control
continuity/contingency
Compatibility - CORRECT ANSWER- Match country's advantage with the firm's
strategy
SCM 361 Final Actual Exam Questions
and CORRECT Answers
5 C's of global supply chain design - CORRECT ANSWER✔✔- compatibility
configuration
coordination
control
continuity/contingency
Compatibility - CORRECT ANSWER✔✔- Match country's advantage with the firm's
strategy
Configuration - CORRECT ANSWER✔✔- Where in the world to locate value-added
activities
Coordination - CORRECT ANSWER✔✔- How to connect geographically dispersed
activities to work together to create value
control - CORRECT ANSWER✔✔- How to execute to obtain and sustain outstanding value
creation
Continuity/contingency - CORRECT ANSWER✔✔- ensure that essential activities can
continue during and after a disaster.
Impacts of supply chain disruptions (numbers) - CORRECT ANSWER✔✔- 7% share price
reductions
10% drop in operating incomes
11% increase in costs
lack of proactive SCM
80% firms concerned
40% of manufacturers have been impacted by a supply chain disruption in the last 12 months
, Drivers of global supply chain risks - CORRECT ANSWER✔✔- -Lack of visibility to
outsourced operations
-Additional tiers of partners
-Fragmented business processes
-Lack of shared performance metrics
-Delayed response to sudden changes
-Long supply chains
Strategies combat supply chain risk - CORRECT ANSWER✔✔- Sharing POS (point of sale)
data in real-time
Sharing WIP data to get ahead of lead-times
Initiating CPFR (collaborative planning, forecasting, replenishment) with all strategic
supplier
Sharing financials
Joint discussions on regulation and compliance
Global Product - CORRECT ANSWER✔✔- A commercial product, such as Coca Cola, that
is marketed throughout the world under the same brand name.
These are different from regional products or brands, which are specific to a particular region.
Localize a product - CORRECT ANSWER✔✔- adaptation of a product, application or
document content to meet the language, cultural and other requirements of a specific target
market.
example: McDonald's in India: No beef, due to religious practices
Logistics infrastructure in India - CORRECT ANSWER✔✔- Big cities are more advanced
than the smaller and rural areas of the country
Electricity is not reliable
Airports are not large enough to accommodate travelers
Roads are small and slow moving
Cows roam freely
Container ship Ports are inefficient and have slow turn around
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