SCM 300 Module 1 Definitions

17 Questions | Total Attempts: 89

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Module Quizzes & Trivia

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Questions and Answers
  • 1. 
    What are the four Competitive Priorities?
  • 2. 
    Efficient integration of suppliers, transporters, manufacturers, warehouses, retailers and all other parties associated with delivery of the final product.
  • 3. 
    Design, Operation, and Improvement of PRODUCTION SYSTEMS that Efficiently transform INPUTS into Finished Goods and Services, Maximizing Productivity. 
  • 4. 
    What are these duties examples of:  Process management, Plant management                                                     Capacity planning - resources, speed                                                     Scheduling jobs/people                                                     Waiting Line Management                                                      Process Improvement Management
    • A. 

      Logistics

    • B. 

      Operations

    • C. 

      Procurement

    • D. 

      None of the above

  • 5. 
    What are these duties examples of: Distribution/Warehousing, Infrastructure Mgmt.                                                   Packaging, containerization, transportation, documentation    Third party management and communication
    • A. 

      Purchasing

    • B. 

      Procurement

    • C. 

      Logistics

    • D. 

      Operations

  • 6. 
    What are these duties examples of:  Supplier Selection       Purchasing negotiations       Supplier relationship management       Materials/Inventory management
    • A. 

      Logistics

    • B. 

      Operations

    • C. 

      Marketing

    • D. 

      Procurement

  • 7. 
    The process of obtaining services, supplies, and equipment in conformance with corporate regulations.
  • 8. 
    Is the COORDINATED Planning and Execution of the following: - Product Distribution throughout the Supply Chain - Who gets what? - Preparation of Packaged Product- Movement Itinerary (Transport)- Storage Itinerary (Warehousing)
  • 9. 
    When an intermediate and end customer return products, obtain warranty repairs, or throw away or recycle them is an example of:
  • 10. 
    A firm whose business boundaries include one-time suppliers and/or customers.
  • 11. 
    Lean Production is also commonly known as the Toyota Production System
    • A. 

      True

    • B. 

      False

  • 12. 
    Encouraging or helping the firm's suppliers to perform in some desired fashion
  • 13. 
    Determining the current capabilities of suppliers
  • 14. 
    This allows buyers to assume the supplier will meet certain product quality and service requirements covered by the certification, thus reducing duplicate testing and inspections and the need for extensive supplier evaluations
  • 15. 
    Software application for managing their inventory
  • 16. 
    Strategies and systems, with the objective of matching demand to available capacity, either by improving production scheduling, curtailing demand, using a back-order system, or increasing capacity.
  • 17. 
    This occurs when the participants realize that supply chain management must become part of the firms' strategic planning processes, where objectives and policies are jointly determined based on the end-customers' needs and what the supply chain as a whole can do well.
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