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Dependent Demand Item
Expensive Items
Independent Demand Items
Both A and B
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Independent Demand Item
Dependent Demand Item
Artifacts
None of the above
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Delivery Time
Lead Time
Both A and B
On-time Delivery
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SKU
Lot size
T.B.O
None of the above
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Insurance- Manage Risk/Uncertainty
Customer Expectations- Support Strategic Plan
Managing Cost- Economies of Scale
All of the above
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Pipeline inventory
Market Inventory
Anticipation Inventory
Safety Stock
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Market Inventory
Safety Stock
Pipeline Inventory
Both A and B
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Anticipatory Inventory
Market Inventory
Pipeline Inventory
Perishable Inventory
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Market Inventory
Perishable Inventory
Pipeline Inventory
Long-term inventory
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Kieretsu
Supply Chain
Demand management
Supplier relations
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Cost of the item / Purchase Cost
Holding or Carrying Cost
Ordering Costs
Customer Service Cost
All of the above
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Vertical Integration
Backward Integration
Forward Integration
Acquisition
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Backward Integration
Supplier management
Forward Integration
Vertical Integration
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Cycle Stock
Average Inventory
Cycle Inventory
All three mean the same thing
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Half of your order size
Half of you lot size
Both A and B
None of the above
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True
False
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True
False
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Long-term Supply Chain Considerations
Logistical Considerations when choosing a supplier
Competitive Priorities
All of the above
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Changing market
Product improvements
Growth management, capacity potential
2nd and 3rd tier suppliers
All of the above
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Decentralized Purchasing
Inventory
Centralized Purchasing
Supplier Demand
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Closer knowledge of requirements
Local sourcing - Relationships, lead times, flexibility
Less bureaucracy
All of the above
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Clothing and computers
Fruits, Vegetables, meat, and flowers
Airline seats, rental cars, hotel rooms
Nails, paper, and cleaning supplies
Spoilage, Obsolescence, and time perishable
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Supply chain management
Process inventory
Purchasing inventory
Supply chain integration
All of the above
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Material acquisition
Upstream and downstream
Supplier base
E-Procurement
Centralization
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Centralization
Decentralization
Supply Management
Hybrid system
A, B, and D
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Acquiring upstream suppliers
Acquiring downstream suppliers
Acquiring upstream customers
Acquiring downstream customers
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Acquiring upstream customers
Acquiring downstream suppliers
Acquiring upstream suppliers
Acquiring downstream customers
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Supplier Certification "Certificate of analysis"
Supplier Evaluation
Supplier Scorecards
Capacity Potential
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Qualititive
Quantitive
Historical Data
Both A and B
None of the above
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18 months vs 12 months
2 to 3 years vs 12 to 18 months
1 year vs 6 months
2 years vs 18 months
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Multiple Suppliers
The supplier is the only available source
First tier supplier
1st and 2nd tier supplier
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Increase their supplier base
Reduce their supplier base
Single source supplier
Sole sourcing supplier
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Supplier base
Multiple Supplier
Single Supplier
Sole source supplier
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Reliability
Capacity
Services Warranty
Proprietary technology
Location
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Complexity and cost involve
Dealing with duties and tariffs
Political and Cultural
Labor and legal problems
All of the above
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Decrease by 10%
Increase by 10%
No change
Increase by 20%
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