Scm agility - Study guides, Class notes & Summaries

SCM Exam 1 Review Questions and answers, VERIFIED/ What is SCM? - -The value-creation engine of every organization What are design decisions? - -Product design Process design Facility layout Facility location What are control decisions? - -Forecasting Inventory Scheduling Quality control Define supply chain management? - -The collaborative process and project management to meet the real needs of the end customer profitably What gives a company a competitive advantage? - -Innovatio...

supply chain - Answer consists of organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to the point of final consumption. SCM refers to... - Answer components that are closer to the raw materials as being "upstream" and those that occur closer to the customer as being "downstream." supply chain management - Answer is the systematic coordination of traditional business functions within a particular o...

BTMA 317 MidtermSMAC-stack - correct answer Social, Mobile, Analytics, and the Cloud Trends in Analytics - correct answer - The digital ecosystem (collaboration) - Immerse UX (virtual reality) - Autonomous Machines - Automated cognition (real-time responses) - Distributed Validation -XaaP (everything as a platform) - Decentralized making - Adaptive IT CIOs must: - correct answer - Spot trends - Focus on critical uncertainties of any given trend - Build agility into the organizat...

Supply Chain Network correct answers suppliers, manufacturers, warehouses and DCS, customers Supply Chain Components correct answers supplier base (procurement, inbound logistics), integrated enterprise (MFG/SVC Ops, order fulfillment), Market/distribution network (outbound logistics, customer service) UT Integrated SCM Concept correct answers Supply chain is the design and coordination of a network through which organizations and individuals get, use, deliver, and dispose of material good...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

Agility - Correct Answer The firm's ability to quickly adjust tactics and operations within its supply chain to respond or adapt to both positive & negative changes in its environment SCM Agility - Correct Answer Alertness, Accessibility, Decisiveness, Swiftness & Flexibility Key Principles of Metrics - Correct Answer Create the right cross-functional accountability, Establish a driver-based metrics framework, Set appropriate goals, Ensure that metrics cannot be gamed SCM Five Pillars ...

SAP Exam 61 Questions with Verified Answers b. An open item is posted on the customer's account. d. Revenue is increased. - CORRECT ANSWER A billing document is created in sales order processing. What integration with business processes occurs when the billing document is saved? There are 2 correct answers to this question. a. On-hand inventory is decreased. b. An open item is posted on the customer's account. c. Actual demand is reduced. d. Revenue is increased. False - CORREC...

SCMN 2150 Exam 2 Questions And Answers (Updated And Verified) What are key supply chain information requirements? (6) - answer-Accuracy -Relevance -Current (timely) -Reliable -Transferable -Usable What benefits are created by supply chain information technology? (6) - answer1. Cross chain visibility 2. Speed up process 3. Allows agility (adapt and change) 4. Collaboration (internal or external data pools) 5. Differentiation 6. Risk management What capabilities does supply chain in...

supply chain correct answers consists of organizations, people, activities, information, and resources involved in moving a product or service from the origins of supply all the way to the point of final consumption. SCM refers to... correct answers components that are closer to the raw materials as being "upstream" and those that occur closer to the customer as being "downstream." supply chain management correct answers is the systematic coordination of traditional business functions ...

SAP SD and SAP Basics Exam 26 Questions with Verified Answers Business Processes carried out in the Sales and Distribution Module - CORRECT ANSWER -Sales Order Processing -Outbound Logistics -Billing -Sales Support -Shipping Organizational Structure in Sales Logistics - CORRECT ANSWER elements that are required to carry out the sales logistics process 1. Sales Organization 2. Distribution Channel 3. Division 4. Sales Area 5. Company Code 6. Client Sales Organization - CORRECT ...