Scmn 2150 test 1 - Study guides, Class notes & Summaries
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SCMN 2150 Test 2 Auburn University Exam Review Questions & Answers
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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...
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SCMN 2150 Test 1 Questions and Answers Already Passed
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SCMN 2150 Test 1 Questions and 
Answers Already Passed 
 
what is scm The "art" of managing the flow of materials and products, information, and 
financial resources from source to user. 
 
Who's involved in the supply chain? suppliers, manufacturers, distributors, retailers, 
consumers 
 
Who is the most important participant in 
the supply chain? the consumer 
 
What does SCM involve? all the activities that take place to get a product in your hands - 
from the time of raw materials extract...
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SCMN 2150 TEST 1
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what is scm - Answer-The "art" of managing the flow of materials and products, information, and financial resources from source to user. 
 
Who's involved in the supply chain? - Answer-suppliers, manufacturers, distributors, retailers, consumers 
 
Who is the most important participant in 
the supply chain? - Answer-the consumer 
 
What does SCM involve? - Answer-all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pul...
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SCMN 2150 Test 1 Exam Questions With 100% Correct Answers
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SCMN 2150 Test 1 Exam Questions With 
100% Correct Answers 
What is Supply Chain Management? - answerIncludes 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 
7 Principles of Supply Chain Management - answer1. Segment customers based on service 
needs 
2. Customize the logistics network 
3. Drive operations from demand 
4. Differentiate product closer to the...
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SCMN 2150 Test 1 Questions With 100% Correct!!
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what is scm - Answer-The "art" of managing the flow of materials and products, information, and 
financial resources from source to user. 
Who's involved in the supply chain? - Answer-suppliers, manufacturers, distributors, retailers, consumers 
Who is the most important participant in 
the supply chain? - Answer-the consumer 
What does SCM involve? - Answer-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 ou...
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SCMN 2150 Test 1 Questions & Answers 2023-2024
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SCMN 2150 Test 1 Questions & Answers 
Which SC process focuses on the transformation of inputs into outputs? 
Post Sales Service 
Production 
Logisitics 
Supply Management - ANS-Production 
If an organization can get its SC well synchronized, what ultimate benefit will be achieved? 
Integration excellence 
Network excellence 
Functional excellence 
Process excellence - ANS-Network excellence 
The Episode 1 SC in Action video, focuses on what product? - ANS-McDonald's French Fries 
T/F -SCM mai...
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SCMN 2150 Test 1 Questions & Answers
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SCMN 2150 Test 1 Questions & Answers 
what is scm - ANS-The "art" of managing the flow of materials and products, information, and financial 
resources from source to user. 
Who's involved in the supply chain? - ANS-suppliers, manufacturers, distributors, retailers, consumers 
Who is the most important participant in 
the supply chain? - ANS-the consumer 
What does SCM involve? - ANS-all the activities that take place to get a product in your hands - from the 
time of raw materials extracti...
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SCMN 2150 Test 1 Questions With 100% Correct Answers.
- Exam (elaborations) • 8 pages • 2023
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SCMN 2150 Test 1 Questions With 100% Correct Answers.
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SCMN 2150 Test 1 with complete solution ( Latest updated )
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SCMN 2150 Test 1 with complete solution ( Latest updated )
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SCMN 2150 Test 1 Questions And Answers
- Exam (elaborations) • 8 pages • 2023
- Available in package deal
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SCMN 2150 Test 1 Questions And Answers 
 
 
what is scm - ANS The "art" of managing the flow of materials and products, information, and financial resources from source to user. 
 
Who's involved in the supply chain? - ANS suppliers, manufacturers, distributors, retailers, consumers 
 
Who is the most important participant in 
the supply chain? - ANS the consumer 
 
What does SCM involve? - ANS all the activities that take place to get a product in your hands - from the time of r...
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