100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM COMPLETE 70 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Disadvantages of CFT? - ANSW..Use does not guarantee success Team process loss Negative effects on individual members Poor team de $17.99   Add to cart

Exam (elaborations)

SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM COMPLETE 70 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Disadvantages of CFT? - ANSW..Use does not guarantee success Team process loss Negative effects on individual members Poor team de

 1 view  0 purchase
  • Course
  • SCMN 3730
  • Institution
  • SCMN 3730

SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM COMPLETE 70 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+ Disadvantages of CFT? - ANSW..Use does not guarantee success Team process loss Negative effects on individual members Poor team decisions Groupthink Artificial conse...

[Show more]

Preview 3 out of 18  pages

  • October 23, 2024
  • 18
  • 2024/2025
  • Exam (elaborations)
  • Unknown
  • SCMN 3730
  • SCMN 3730
avatar-seller
lecturer5
SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM COMPLETE 70
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+



Disadvantages of CFT? - ✔✔ANSW✔✔..Use does not
guarantee success
Team process loss
Negative effects on individual members
Poor team decisions
Groupthink
Artificial consensus

When do you use a CFT? - ✔✔ANSW✔✔..Facing a
complex or large-scale business decision
CFT is likely to make better quality decision
Assignment directly affects firm's competitive position
No single function has sufficient resources to solve
problem

Subtle control by management? -
✔✔ANSW✔✔..Authorizing creation of sourcing team
Selecting team's task(s)
Establishing broad objectives

,Selecting team leadership
Requiring regular updates or at key milestones
Conducting performance reviews

Supplier is given blueprints and told to make product
from them - ✔✔ANSW✔✔..White Box Design

Supplier's engineers work cooperatively with buyer's
engineers in joint design - ✔✔ANSW✔✔..Gray Box
Design

Suppliers are provided functional specifications and
create design - ✔✔ANSW✔✔..Black Box Design

What are the elements of successful supplier suggestion
programs? - ✔✔ANSW✔✔..Share savings equitably,
often 50-50
Focus on cost improvement, not simply cutting supplier
margins
Provide prompt feedback to supplier
Implement good suggestions promptly
Publicly acknowledge supplier's contribution

What 3 groups make up supply management's external
linkages? - ✔✔ANSW✔✔..Suppliers, government, and
local communities

, What are the advantages and obstacles to closer buyer-
seller relationships? - ✔✔ANSW✔✔..Trust and long-
term contracts

When might it make sense to co-locate buyer and supplier
personnel? - ✔✔ANSW✔✔..During successful supplier
integration


What are the features of the new model of progressive
purchasing? - ✔✔ANSW✔✔..-developing closer
relationships with important suppliers
-performing due diligence on suppliers before awarding
longer term contracts
-conducting worldwide internet searches for the best
sources of supply
-inviting key suppliers to participate in product and
process development.

What index does ISM issue monthly, and what does a
score of 50 represent? - ✔✔ANSW✔✔..A change index
report on business
A score of 50 means the market is neither expanding nor
contracting

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller lecturer5. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $17.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

82292 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$17.99
  • (0)
  Add to cart