Exam 10: Supply Chain Rationalization and Role Shifting

Functional shiftability decreases the efficiency of the entire chain to enhance end customer value.

The desire to more strategically manage the supply base has led companies to launch a supplier _________ initiative.

The _________ manager's mandate is to develop reliable sources of _________ that can deliver high-quality, low cost materials and services on time every time.

How did Caterpillar manage complexity when they were designing a new line of equipment?

A low-price supplier in a developing country will stay as a low-cost option regardless of global transportation costs.

Tiering can dramatically reduce the number of supply relationships a company must manage.

_________'s ambitious goal to become the world's largest automaker by 2010 has forced it to expand worldwide operations at a pace that has strained its human and technological resources.

As the rationalization process progressed, Chrysler developed the understanding and freed up the resources needed to build more __________ relationships with its most important suppliers.

All of the skills represented by the diverse team members are needed to develop the commodity sourcing strategy.

As managers at IBM discovered, the key to managing complexity is for SC managers to understand the ________ and________ of complexity.

The choice of the multiple sourcing model suggests a close, collaborative relationship.

Standardizing parts tends to increase the number of suppliers.

What practices are companies using to find a right balance between local autonomy and central control?