Exam 10: Extending the Organizationsupply Chain Management

Procurement includes the processes that control the distribution, maintenance, and replacement of materials and personnel to support the supply chain.

In which of the five basic supply chain activities do you support customers and product returns?

What is collaborative engineering?

Which of the following is not one of the three main links in the supply chain?

A drone is an unmanned aircraft that can fly autonomously, or without a human. Amazon.com is piloting drone aircraft for package deliveries.

Materials are transformed into semi finished and finished products-the organization's own production processes.

The process of 3D printing (additive manufacturing) builds-layer by layer in an additive process-a three-dimensional solid object from a digital model.

What is computer-aided design/computer-aided manufacturing (CAD/CAM)?

Procurement is the purchasing of goods and services to meet the needs of the supply chain.

Inventory cycle time is the time it takes to manufacture a product and deliver it to the retailer.

Cradle-to-grave provides materials management support.

What distributes goods and services to customers?

Which of the following is one of the business areas of supply chain management?

In which of the five basic supply chain activities do you prepare to manage all resources required to meet demand?

What is the bullwhip effect?

Inventory cycle time is the agreed-upon time between the purchase of a product and the delivery of the product.

A back order is an unfilled customer order for a product that is out of stock.

Information technology's primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm-such as marketing, sales, finance, manufacturing, and distribution-and between firms.

Supply chain event management applies technology to the activities in the order life cycle from inquiry to sale.

What allows an organization to reduce the cost and time required during the design process of a product?