Scmn - Study guides, Class notes & Summaries

SCMN 2150 Test 2 Auburn University Exam Review Questions & Answers What is procurement? - ANSWER-process of actually purchasing goods and services How does procurement differ from strategic sourcing? - ANSWER-Procurement operations support tactical day-to-day transactions such as issuing purchase orders to suppliers, whereas strategic sourcing represents to strategic planning, supplier development, contract negotiation, supply chain infrastructure, and outsourcing models. What is outsou...

SCMN 3730: Exam 1 (Cole) Questions and Answers Graded A+ purchase of products or services at the right place, delivered at the right time, of the right quality, in the right quantity, from the right source procurement cost reductions increase _ margin procurement is a (primary/support) activity support lead times _, _ and _ the amount of time it takes for the product to arrive stabilize, reduce, ensure value advantages quicker response improved quality increased reliability...

SCMN 2150 Exam 1 latest 2024 Graded A+ With Solutions

SCMN 2150 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ Which global channel focuses on the documentation needed for government compliance, visibility, and control of goods moving globally. A.) Communication channel B.) Transaction channel C.) Distribution channel D.) Omni-channel A.) Communication channel According to a study by Stanford University, cross border trade processes can involve up to 106 steps. What problem does this cause? A.) Greater in-transit visibility B.) Lowe...

purchase of products or services at the right place, delivered at the right time, of the right quality, in the right quantity, from the right source : procurement cost reductions increase _ : margin procurement is a (primary/support) activity : support lead times _, _ and _ the amount of time it takes for the product to arrive : stabilize, reduce, ensure value advantages : quicker response improved quality 2 | P a g e increased reliability improved relationships manage and mitiga...

Manufacturing planning and control (MPC) includes which of the following activities? I. Materials management II. Product marketing III. Coordinating suppliers a. I only b. II only c. III only d. I and III correct answers D In the MPC process, capacity decisions (equipment, facilities, suppliers, etc.) are most likely to occur in which time horizon? a. short b. intermediate c. long d. immediate correct answers C In the MPC process, detailed scheduling decisions are most like...

SCMN Exam 1 Gibson Latest Update Graded A+ Supply Chain Management all the activities that take place to get a product in your hands from the time of raw materials extraction to the minute you pull out your credit card and take the final product home Why is Supply Chain Management Important? Allows us to support customer requirements better, faster, and cheaper than before Key participants in Supply Chain Management retailers customers (consumer demand should drive activity acr...

SCMN 2150 Final Exam Latest Update Graded A+ supply chain technology goals 1. automated decision making 2. exception management 3. cross-chain visibility 4. planning and execution infrastructure ***underneath have: - scorecards & dashboards - automated data collection - data synchronization - supply chain expertise then - synchronized tools (technology), standard methods (process), relevant skills (people) SCM Software - enterprise resource planning application - supp...

SCMN 2150 Test 2 Questions And Revised Correct Answers What are transforming resources? a.)Supporting tools to execute production b.)Materials used to build a product c.)The products that companies build d.)The day-to-day operations of production - ANSWER : a.)Supporting tools to execute production The dependability performance objective in manufacturing focuses on doing things fast and productively. a.)True b)False - ANSWER : b.) false Which of the following is a goal of prod...