Scmn 2150 - Study guides, Class notes & Summaries

What are supply chain software goals? correct answers auto decision making exception making cross-chain visibility infastructure Types of supply chain software correct answers planning execution lab event management business intelligence information requirements correct answers Accessible, Relevant, Accurate, Timely, Transferable, Relaible, Usable What is the most widely used supply chain software? correct answers excel T/F Supply chain technology = software correct answers FA...

SCMN 2150 (Test 1 Questions and Answers (latest Update 2024) 50 Questions

what are the key supply chain data requirements - Answer-1. Accurate 2. Accessible 3. Relevant 4. Timely 5. Transferable 6. Reliable 7. Usable what are the goals of supply chain planning - Answer-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 provide planning, what-if scenario analysis capabilities...

According to the Module 1 readings, what benefit is achieved by supply chain integration? A. reduced facility investment B. greater demand planning accuracy C. greater equipment utilization D. rationalized product handling - Answer-B. greater demand planning accuracy According to the Module 1 readings, the ______ process focuses on minimizing the number of items that enter a backward flow due to defects, being out of date, or needing to be recycled. A. deliver B. return C. make D. plan...

What is a supply chain? - Answer-a collection of organizations, people, activities, information, and resources who is involved in the supply chain? - Answer-customers, retailers, manufacturers, and suppliers what is supply chain management? - Answer-All the activities that take place to get a product in your hands from the time of raw materials to final product Why is SCM important to companies? - Answer-SCM helps companies outpace the competition (better, faster, cheaper) essential activ...

SCMN 2150 Test 2 Exam Questions And Revised Correct Answers Supply management - ANSWER : The identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives Strategic sourcing - ANSWER : an institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company Procurement - ANSWER : the purchase of merchandise or...

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...

SCMN 2150 FINAL EXAM LATEST UPDATE THIS YEAR ALL 350 QUESTIONS AND CORRECT ANSWERS