SCMN 2150 Test 1 Questions And Answers Rated A+.
what is scm - correct 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? - correct answer. suppliers, manufacturers, dist...
what is scm - correct 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? - correct answer. suppliers, manufacturers,
distributors, retailers, consumers
Who is the most important participant in
the supply chain? - correct answer. the consumer
What does SCM involve? - correct 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
out your credit card and take the final product home.
three companys with good supply chains - correct answer. amazon, nike, walmart
Supply chain management is important because - correct answer. ...develop
collaborative, trusting relationships ...improve customer satisfaction
...rationalize product touch points
...drive out costs and achieve efficiencies
Why is SCM important to customers? - correct answer. -Product Availability
-Fulfillment Accuracy
Why is SCM important to companies? - correct answer. SCM help companies outpace
the competition by managing their materials,
product, and information flows
What do these CEOs have in common? - correct answer. they are former scm execs
node - correct answer. A fixed point in a supply chain where valued added processes
take place. Goods are processed, transformed, mixed, held, or sold here
link - correct answer. The transportation method used to connect the nodes (plants,
warehouses, stores) in a supply chain.
network fulfillment options - correct answer. Direct delivery, cross dock, and
distribution center
network design characteristics - correct answer. centralized or decentralized
direct delivery - correct answer. supplier to store,
- no inventory idled
- quicker delivery
- lowest handling costs
cross dock - correct answer. cross docks
suppliers to dock, dock to truck. preorganized
- moderate inventory held at store
- low handling costs
- low facility costs
distribution center - correct answer. items held in inventory at middle warehouse
- high inventory held at warehouse
- high handling costs
- high facility investment
newspaper - correct answer. direct delivery
dog food or tents - correct answer. distribution center
chicken - correct answer. cross dock
What is the network design process? - correct answer. to set-up an optimal and easily
maintainable supply chain configuration and merchandise flows to enable the supply
chain to best support the business objectives.
Centralized Distribution has an advantage in - correct answer. lower overall inventory
handling cost are the highest for the following network fulfillment method - correct
answer. distribution center
auburn has an RFID lab that work on Supply chain solutions like product tracking and
visibility - correct answer. true
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