100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
OMIS 320 COPE TEST 1 Question and answers 100% correct $12.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. OMIS
  4.  
  5. OMIS

Exam (elaborations)

OMIS 320 COPE TEST 1 Question and answers 100% correct

 0 view  0 purchase
  • Course
  • OMIS
  • Institution
  • OMIS

OMIS 320 COPE TEST 1 Question and answers 100% correct OMIS 320 COPE TEST 1 Supply Chain Management (SCM) - correct answer the integration of key business processes regarding the flow of materials from raw material suppliers to final customers vertically integrated firm - correct answer...

[Show more]

Preview 2 out of 10  pages

Document information

  • November 5, 2024
  • 10
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

Written for

  • OMIS
  • OMIS

Seller

avatar-seller
Academia199

Reviews received

Content preview

OMIS 320 COPE TEST 1
Supply Chain Management (SCM) - correct answer ✔the integration of key
business processes regarding the flow of materials from raw material
suppliers to final customers


vertically integrated firm - correct answer ✔A firm whose business
boundaries include former suppliers and/or customers


first-teir suppliers, first-teir customers - correct answer ✔The ____________
suppliers are thus the focal firm's second-tier suppliers, and the ___________
customers are the focal firm's second-tier customers


second-tier suppliers and customers - correct answer ✔A supplier's suppliers
and a customer's customers.


A supply chain consists of flow of products and services from - correct
answer ✔•Raw materials manufacturers
•Component and intermediate manufacturers
•Final product manufacturers
•Wholesalers and distributors and
•Retailers


· Successful supply chain management requires high levels of trust,
cooperation, collaboration, and honest, accurate communications. - correct
answer ✔True


Who benefits most from SCM? - correct answer ✔Firms with large system
inventories

, Reduced Bullwhip Effect - correct answer ✔Erratic demand forecasts
causing excess safety stocks, which cause production planning problems


Foundations of SCM - correct answer ✔Supply
Supply base reduction, supplier alliances, SRM, global sourcing, ethical and
sustainable sourcing (Ch. 2-4)
Operations
Demand management, CPFR, inventory management, MRP, ERP, lean
systems, Six Sigma quality systems (Ch. 5-8)
Logistics
Logistics management, customer relationship management, network design,
RFID, global supply chains, sustainability, service response logistics (Ch. 9-
12)
Integration
Barriers to integration, risk and security management, performance
measurement, green supply chains (Ch. 13,14)


Strategic Partnerships - correct answer ✔successful and trusting
relationships with top-performing suppliers


Demand Management - correct answer ✔•match demand to available
capacity
•Linking buyers & suppliers via MRP and ERP systems
•Extending order communication and inventory visibility farther up the supply
chain


Transportation management - correct answer ✔•tradeoff decisions between
cost & timing of delivery / customer service via trucks, rail, water & air

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 Academia199. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $12.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

85169 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
$12.99
  • (0)
  Add to cart