Supply chain agility - Study guides, Study notes & Summaries

Question 1 Not yet answered Marked out of 1.00 Flag question Question text When Toyota's suppliers do not have adequate capacity to meet purchase requirements when demand increases substantially, it is referred to as: a. Triage approach b. Overaggressive supply reduction c. Supplier dependency d. Absence of competition Clear my choice Question 2 Not yet answered Marked out of 1.00 Flag question Question text _____ allows a buying organisation to react more quic...

The article delves into the transformative impact of digital supply chain management on modern businesses, with a focus on Coca-Cola's utilization of innovative technologies such as RFID, GPS, and IoT to enhance its supply chain operations. It highlights how digitalization enables organizations to transition from traditional, paper-based processes to flexible, collaborative, and efficient digital models. The article underscores the benefits of extensive information availability and improved col...

Seven Core Competencies of the Lean Enterprise - Team and Technical Agility Agile Product Delivery Enterprise Solution Delivery Lean Portfolio Management Organizational Agility Continuous Learning Culture Lean Agile Leadership Spanning Palette - Not an artifact per se; rather, it comprises various roles and artifacts that may be applicable at any level of the framework. It is used to customize the framework implementation to a specific context. For a more complete discussion, see ...

Chapter Overview 1 correct answers - A new competitive business environment - Why purchasing is important - Understanding the language of purchasing and supply management - The supply chain umbrella - management activities - Four enablers of purchasing and supply chain management A New Competitive Environment correct answers - Increasing numbers of world class *global competitors* - Sophisticated customer base * *More performance at lower cost* - Widely available *information sources*...

SCMN-2150-Smedberg: Test 3 Questions and Answers 100% Pass What is the lifeline of supply chains? information Supply chain managers can only derive valuable insight from data that is (key requirements): -Accurate -Accessible -Relevant -Reliable -Timely -Transferable -Usable key requirement of SC info that says data must be current & depict reality accurate key requirement of SC info that says data must be readily available for decision making purposes accessible key...

Which Continuous Delivery Pipeline event(s) should happen every Iteration? a) Continuous Integration and Continuous Deployment b) Continuous Integration c) Continuous Exploration, Continuous Integration, Continuous Deployment, and Release on Demand d) Continuous Exploration, Continuous Integration and Continuous Deployment - d) Continuous Exploration, Continuous Integration, and Continuous Deployment Which tool or process supports customer centricity? a) Design thinking b) Whole product...

SCMN 2150 Exam 3 – Final Exam Questions and Answers Already Passed What are the Goals of Technology for SCM (why is it needed)? Optimization - Peak performance of a supply chain requires alignment of resources within and across organizations. Cross-chain Visibility - visibility to events occurring across the supply chain is a pre-requisite for effective decision making. Speed to Market - Properly implemented technologies capture customer requirements, prioritize them, and recommen...

SCMN 2150 Exam 3 Barto Questions and Answers Already Passed what are the key supply chain data requirements 1. Accurate 2. Accessible 3. Relevant 4. Timely 5. Transferable 6. Reliable 7. Usable what are the goals of supply chain planning solutions support the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand. SCP software sits on top of a transactional system to provi...

What are key supply chain information requirements (7)? correct answers 1. Accurate 2. Accessible 3. Relevant 4. Reliable 5. Timely 6. Transferable 7. Usable What benefits are created by supply chain information technology? (6) correct answers Has a positive impact on organizational performance. Benefits: 1. 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 ...

Goals of Technology for SCM - Plan, execute, and control SCM activities in real time Optimization - peak performance of a supply chain requires alignment of resources within and across organizations Cross-chain Visibility - visibility to events occurring across the supply chain is a pre-requisite for effective decision making Speed to Market - properly implemented technologies capture customer requirements, prioritize them, and recommend alternatives to ensure product velocity aligns wi...