Supply Chain Workshop May 2011

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Rdudfiel
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Quizzes Created: 12 | Total Attempts: 1,079
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Supply Chain Workshop May 2011 - Quiz


Questions and Answers
  • 1. 

    What are the four supply chain functions?

    • A. 

      Plan

    • B. 

      Strategize

    • C. 

      Source

    • D. 

      Make

    • E. 

      Manage

    • F. 

      Deliver

    Correct Answer(s)
    A. Plan
    C. Source
    D. Make
    F. Deliver
    Explanation
    The four supply chain functions are plan, source, make, and deliver. Planning involves developing strategies and forecasting demand. Sourcing refers to the process of selecting suppliers and procuring materials. Making involves manufacturing or assembling the products. Delivering involves logistics and transportation to ensure timely delivery to customers. These functions are essential for an efficient and effective supply chain management system.

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  • 2. 

    AMR supported the development of the Chief Supply Chain Officer similar to how Gartner helped in developing and maturing the CIO?

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    AMR, similar to Gartner, provided support in the development and maturing of the Chief Supply Chain Officer role. This suggests that AMR played a similar role in the supply chain field as Gartner did in the field of information technology. Therefore, the statement is true.

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  • 3. 

    The CIO and head of SC are typically closely aligned?

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The CIO (Chief Information Officer) and head of SC (Supply Chain) are typically closely aligned because both roles are crucial in ensuring the smooth functioning of the organization. The CIO is responsible for managing the organization's technology infrastructure, which plays a significant role in supporting the supply chain operations. The head of SC is responsible for overseeing the planning, sourcing, manufacturing, and delivery of goods and services. To optimize the supply chain, it is vital for the CIO and head of SC to collaborate closely, aligning technology solutions with supply chain strategies and objectives. This alignment ensures efficient operations, cost savings, and improved customer satisfaction.

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  • 4. 

    The SC often is the business case and ROI for a technology investment?

    • A. 

      True

    • B. 

      False

    Correct Answer
    A. True
    Explanation
    The statement is true because the Supply Chain (SC) often serves as the business case and Return on Investment (ROI) for a technology investment. Implementing technology in the supply chain can lead to increased efficiency, cost savings, improved customer service, and better decision-making. By analyzing the potential benefits and costs associated with the technology investment, businesses can determine the expected return on investment and make informed decisions about whether to proceed with the implementation. Therefore, the SC often plays a crucial role in justifying and evaluating the business case and ROI for technology investments.

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  • 5. 

    Name the five of the key target supply chain roles:

    • A. 

      Demand Planning

    • B. 

      Sourcing

    • C. 

      Risk Management

    • D. 

      Logistics

    • E. 

      Manufacturing

    • F. 

      Infrastructure & Operations

    • G. 

      Sustainability

    Correct Answer(s)
    A. Demand Planning
    B. Sourcing
    D. Logistics
    E. Manufacturing
    G. Sustainability
    Explanation
    The given answer lists five key target supply chain roles: Demand Planning, Sourcing, Logistics, Manufacturing, and Sustainability. These roles are crucial in ensuring the smooth functioning of a supply chain. Demand Planning involves forecasting and managing customer demand. Sourcing involves finding and selecting suppliers. Logistics involves managing the transportation and storage of goods. Manufacturing involves the production of goods. Sustainability focuses on incorporating environmentally friendly practices into the supply chain.

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  • 6. 

    What five verticals do we offer clients to customize their homepage to?

    • A. 

      Consumer

    • B. 

      Insurance

    • C. 

      Cross-Industry

    • D. 

      Healthcare

    • E. 

      Banking

    • F. 

      Industrial

    • G. 

      Retail

    Correct Answer(s)
    A. Consumer
    C. Cross-Industry
    D. Healthcare
    F. Industrial
    G. Retail
    Explanation
    The five verticals offered to clients to customize their homepage include Consumer, Cross-Industry, Healthcare, Industrial, and Retail. These verticals represent different industries or sectors that clients can choose from to tailor their homepage according to their specific needs and preferences.

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  • 7. 

    Name 3 types of supply chain information can you find on the Eagle industry pages?

  • 8. 

    What is the definition of Sales and Operations Planning?

  • 9. 

    How does sustainability impact a company’s supply chain? 

  • 10. 

    Name a title of a typical buyer or Gartner’s supply chain products: HTTP and EUP

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