Buad 331 exam - Study guides, Class notes & Summaries

Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False - Answer-B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources - Answer-B. Customers When purchasing and supply management works well within an organization, the company acquires the best resources from arou...

BUAD 331 Exam 4 Questions and Answers(Rated A) Logistics Management - ANSWERis the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements Supply Chain Management - ANSWERthe management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer va...

UTK BUAD 331 EXAM 1 (module exams) 95 Questions

BUAD 331 EXAM 1 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% VERIFIED. How does Zara use its supply chain capabilities to generate competitive advantage? A. Stocking clothing far in advance of sales to ensure in-stock availability. B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers. C. Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions. D. Cycling seasonal clothinterm-0g trends using lon...

BUAD 331 EXAM 3 QUESTIONS AND ANSWERS LATEST UPDATED 2024/2025 | 100% SOLVED. What is the process around the interface between the customer demand creation and supply creation of form, time, and place value to fulfill that demand? - ANSWER Order Cycle The difference between the customer's desired order cycle time and the total supply chain order cycle time is known as a.) order cycle time b.) logistics lead time c.) customer delivery cycle d.) lead time gap - ANSWER d.) lead time gap W...

BUAD 331 Exam 4 Questions And Answers Latest |Update| Verified Answers

BUAD 331 Exam #2 Questions And Answers Latest |Update| Verified Answers

BUAD 331 Exam 2 Questions And Answers (Verified And Updated) Sourcing is the inputs (or things we buy), including materials, sub-assembled components, equipment, and services, that are required to create value. A. True B. False B. False Which of the following is NOT an area in which successful supply managers need expertise? A. Technologies B. Customers C. Suppliers D. Processes E. Resources B. Customers When purchasing and supply management works well within an organization,...

BUAD 331 exam 3Total Relevant Value = - correct answer Total Cost of Ownership + Customer Value Focuses the organization on creating optimal desired value for customers of choice and optimal profit for the supply chain The Order Cycle - correct answer Where demand meets supply order cycle Interface point between customer demand creation and supply chain fulfillment to create form, time and place value Steps in administrative and operational handling of orders: Customer or buyer persp...

BUAD 331 Exam 2 Questions And Answers Latest |Update| Verified Answers