SCMN 3730 Exam Study Guide Questions and Answers 2024
6 keer bekeken 0 keer verkocht
Vak
SCMN 3730
Instelling
SCMN 3730
Global Sourcing Reasons for Expansion -Answer- 1. Increase revenue
2. Achieve economies of scale
3. Reduce direct cost
4. Advance technology
5. Reduce firm's global tax liability
6. Reduce market access uncertainty
7. Enhance sustainability
What is the rational for increased revenue? -Answ...
SCMN 3730 Exam Study Guide
Questions and Answers 2024
Global Sourcing Reasons for Expansion -Answer- ✔1. Increase revenue
2. Achieve economies of scale
3. Reduce direct cost
4. Advance technology
5. Reduce firm's global tax liability
6. Reduce market access uncertainty
7. Enhance sustainability
What is the rational for increased revenue? -Answer- ✔-open up more markets
-expand beyond competitors
-obtain accessibility to markers that limit access without local operations
What is the rationale for achieving economies of scale? -Answer- ✔-take advantage of
available production capacity
What is the rational for reducing direct cost? -Answer- ✔-take advantage of lower labor
rates or real estate expenses
-reduce energy requirements by reducing distance or changing transportation mode
-take advantage of difference in production requirements
What is the rational for advancing technology? -Answer- ✔-obtain access to advance
technology that may nor be available from current locations due to historical
investments
-obtain access to specialized expertise or language skills
What is the rationale for reducing a firm's global tax liability? -Answer- ✔-obtain local or
regional tax benefits related to property, inventory, or income
-obtain reductions in value-added-taxes due to localized production or other value-
added services (i.e. packaging, inventory management, customization)
What is the rationale for reducing market access uncertainty? -Answer- ✔-source
product from location that involves less transportation uncertainty
-secure product from location that involves fewer security constraints
What is the rationale for enhancing sustainability? -Answer- ✔-source production or
other resources (including Human Resources) from locations that have ongoing
availability of material and expertise such as energy or trained workers
Trends in global supply chains and global sourcing -Answer- ✔Increasing globalization
leads to longer supply chains and more opportunities for disruption
SCMN 3730 Exam
, SCMN 3730 Exam
-Globalization of supply chains is well-documented 61% of North American
manufacturers have moved production to lower-cost locations
-Nearly half of North American manufacturers sell product to China
Cost considerations of global supply chains and global sourcing -Answer- ✔-Piece price
isn't everything
-Influenced by quantity, surcharges, and expedited shipments
-Tooling -- who owns, who pays?
-Packaging -- distance, handling, protection, and disposal
What are the pre-transaction costs associated with global supply chains and global
sourcing? -Answer- ✔all low
Investigating sources, Qualifying sources, Training/education
What are the transaction costs associated with global supply chains and global
sourcing? -Answer- ✔high: price
low:
Order processing, Transportation, Inventory, Tariffs/duties, Billing/payment
super low:
Inspection, Return of parts, Follow-up and correction
What are the post-transaction costs associated with global supply chains and global
sourcing? -Answer- ✔low:
Defective finished goods, Maintenance
super low:
Line fallout, Field failures, Repair in field, Reputation
What are the ongoing costs associated with global supply chains and global sourcing? -
Answer- ✔low:
Monitoring, Problem solving, Traveling, Legal fees, Communication and translation
super low:
Corruption, Bureaucracy, Complex coordination
Hidden Costs of global supply chains and global sourcing -Answer- ✔Factory-gate price
Inventory cost
Transportation costs
Risk costs
Other Costs
SCMN 3730 Exam
Voordelen van het kopen van samenvattingen bij Stuvia op een rij:
√ Verzekerd van kwaliteit door reviews
Stuvia-klanten hebben meer dan 700.000 samenvattingen beoordeeld. Zo weet je zeker dat je de beste documenten koopt!
Snel en makkelijk kopen
Je betaalt supersnel en eenmalig met iDeal, Bancontact of creditcard voor de samenvatting. Zonder lidmaatschap.
Focus op de essentie
Samenvattingen worden geschreven voor en door anderen. Daarom zijn de samenvattingen altijd betrouwbaar en actueel. Zo kom je snel tot de kern!
Veelgestelde vragen
Wat krijg ik als ik dit document koop?
Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.
Tevredenheidsgarantie: hoe werkt dat?
Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.
Van wie koop ik deze samenvatting?
Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper PossibleA. Stuvia faciliteert de betaling aan de verkoper.
Zit ik meteen vast aan een abonnement?
Nee, je koopt alleen deze samenvatting voor €15,18. Je zit daarna nergens aan vast.