Scm 303 exam 1 - Study guides, Class notes & Summaries

supply chain the global network of organizations and activities involved in designing, creating, delivering, consuming, and disposing of goods and services supply chain 3 steps buy it, make it, move it supply chain management management of internal and external relationships in supply chain upstream origin of parts and equipment activities or firms positioned earlier in the supply chain downstream delivery of product (transportation, distributors, etc.) activities or firms po...

Corporate strategic planning involves decisions related to: -What businesses should we be in? -What specific product- and market-based initiatives and goals should we establish? -What measures should we use to control strategic initiatives? -All of these. What businesses should we be in? Functional strategic planning involves decisions related to: -What businesses should we be in? -Specific product- and market-based initiatives and goals. -What metrics should be used to ensure progre...

SCM 303 EXAM 1 questions with correct answers

SCM 303 exam 1 questions with correct answers

Integration Management for a firm to achieve value proposition, __________________ connects overall supply chain as a continuous process collaborative behavior will greatly improve supply chain process Technology changes in SC automobiles and internet of things AI uberization 3d printing big data alternative fuels T or F: SC provides common set principles and activities False Global Market great opportunity to source raw materials and components Result of using blockch...

SCM 303 Exam 1 (Chapters 1 & 2) With Complete Solutions Latest Update

SCM 303 Exam 1 MSU questions with answers

What is a supply chain view views each activity in a process should add value to the preceding activities What should be eliminated in supply chain view? waste and unnecessary cost What is competitive priorities? the critical dimensions that a supply chain must possess to satisfy customers What are the the three competitive capabilities? the cost, quality, time, and flexibility dimensions that supply chain possesses What is an order winner? criteria customers use to differentiat...

SCM 303 2024 Exam Questions with Revised Answers Where are supply chains found? - Answer-In a wide variety of businesses Upstream - Answer-towards suppliers Downstream - Answer-towards customers Why was the silk road or the spice trade viable? - Answer-because the goods being transported were very highly valued The tradability of goods.. - Answer-has been increasing over time Why were supply chains localized prior to 1800? - Answer-because travel and communication over long di...

SCM 303 Exam #1 Review With Complete Solutions Latest Update