Exam 2: Supply Chain and Operations Strategy

The ability of a supply chain to quickly respond to short-term changes in demand or supply is called

Which process in the SCOR model includes activities related to procuring goods and services to meet planned and actual demand?

Total cost of ownership is an example of

One major reason for the rise of the field of data analytics is that the cost of data storage has dramatically decreased.

Discuss the supply chain and operations strategic hierarchy.What is the role of capabilities and competencies in this process?

Recognizing that their product is moving from being an innovative,disruptive product to a more mature product,the firm shifts their supply chain focus to efficiency.This capability of the firm is called ________.

The capability to adjust a supply chain's design to meet major structural shifts in the market is called ________.

A relationship between two companies who are committed to work together in a way that the result is greater than the sum of the individual parts is known as a ________.

Using value analysis to identify total costs from a supply chain-environmental perspective is known as ________.

In Fisher's strategy model,functional products require efficient supply chains.

According to Fisher's strategy model,supply chains for standardized kitchen appliances should focus on being ________.