Exam 10: Supply Chain Rationalization and Role Shifting

The quest to reduce unnecessary _________ by finding the right balance between local autonomy and central control is and dynamic.

Fill in the Blank(s) -Involving ____________in the analysis may help key decision makers realize that another supplier is better positioned to meet the company's needs.

Fill in the Blank(s) -When discussing the design of operating networks, industrial engineers often talk about__________ .

The preferred approach to evaluating suppliers is on the basis of total order performance criteria including cost, quality, delivery, responsiveness, and innovation.

Fill in the Blank(s) -_____________is a fundamental value-added activity that must be performed in every supply chain.

A company's organizational structure influences complexity. The real issue is _________ -is it centralized or decentralized?

Unfortunately, many potentially detrimental decisions go undiscovered, hidden by ________.

The small margins for CAT's new line of equipment also meant that _________had to be minimized.

Minimizing _________ helped Honda and Toyota achieve both productivity and quality advantages that helped them take share from GM and Ford.

Achieving true optimality in a dynamic global marketplace is a great ideal and is generally an attainable long-term goal.

Rationalization efforts decrease SC visibility, helping managers understand the consequences of changes in SC structure.

Fill in the Blank(s) -Moreover, most companies are under constant pressure to profitably grow________and increase _________

What practices are companies adopting to mitigate the costs of logistical complexity? To mitigate the costs of logistical complexity, companies have adopted the following practices: Advanced technology Outsourcing Insourcing Innovative practices

How did decentralization affect General Motors? How are they trying to remedy these effects?

_________ complicate network design.

Careful, and often complex, analysis can help a company achieve the goal of network design: maximum _________ at minimal cost.

As companies pursue a supplier optimization program, they often focus exclusively on their existing supply base. This is the optimal approach.

How did Toyota try to solve the problem of Toyota's Camry dropping from America's highest- quality vehicle in 2000 to number 8 in 2004?

Fill in the Blank(s) -_________relies on local knowledge to build relationships and promote rapid response.

The asymmetrical power relationship between suppliers and customers in SC relationships makes the discussion of customer base rationalization a sensitive topic.