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SCMT 21003 Stephanie Thomas - Exam 1 With Complete Solutions (2025)!! $15.99
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Exam (elaborations)

SCMT 21003 Stephanie Thomas - Exam 1 With Complete Solutions (2025)!!

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Ace Your MATH 21003 Course with This Comprehensive Study Material! Struggling with MATH 21003? This expertly crafted study guide has everything you need to master key concepts, improve problem-solving skills, and boost your grades. What’s Inside? Detailed Explanations – Clear, step-by-...

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  • March 7, 2025
  • 16
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Q&As
2025




SCMT 21003 Stephanie Thomas -
Exam 1 With Complete Solutions
(2025)!!




Supply Chain management is all about managing - Answer
Risks

Relationships

Trade Offs



Ancient Civilization - Answer Trade routes move limited high
value goods around the world



Pre-Industrial - Answer Improved shipping technologies allow
for a large-scale international trade and product exchange.




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, Q&As
2025
1800s - Answer The industrial Revolution mechanizes
manufacturing processes.



1900s - Answer Malcolm McLean invents standard steel
shipping container



2000s - Answer Technology enables major advances that
were previously unattainable



Supply Chain Management - Answer The art and science of
integrating the flows of products, information and financials
through the entire supply pipeline from the supplier's supplier to
the customer's customer.



-Suppliers

-Contracted Manufacturers

-Manufacturers

-Wholesalers/ Distributors

-Retailers/ Customers



Biggest catalyst for change in supply chain (in her opinion) -
Answer Malcolm Mclean

(Was the inverter of the standard steel shipping container) and
then after that it would be technology.




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, Q&As
2025
A supply chain - Answer A set of three or more organizations
directly linked by one or more of the upstream and downstream
flows of products, services, finances, and information from a
source to a customer.



Left brained/ Right Brained - Answer One side is more
creative and the other is more number oriented.



Supply chain is a mix of both.



Risk Categories - Answer -Design

-quality

-cost

-availability

-financial

-legal

-manufacturability

-supply

-environmental

-health

-safety




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