Exam 7: Supply Chain Mapping

Organizations need to control the complexity of their supply chain maps to focus on their goals.

Explain in depth the ies or problems a supply chain manager may experience if the supply chain is not well designed. Identify specifically at least five (5) of these ies/problems.

Fill in the Blank(s) -The overriding principle of _______is to create an atmosphere where designers work with other key players internally or in the supply chain to ensure that the critical issues are considered and integrated in to design.

Product life cycle (PLC) is a marketing concept that has been around for many years, and states that products and services evolve through a life cycle, and that the specific management concerns vary with each stage of the life cycle. True

The management of supply chains and supply networks are responsible to provide two fundamental decisions in the management of supply chain tasks, ________ and the choice of supplier.

Procurement management is the design of seamless value-added processes across organization boundaries to meet the real needs of the end customer.

Poorly designed supply chains may exhibit all of the following problems except ________.

Management of the supply chain network entails supplier selection, evaluation, and oversight.

Fill in the Blank(s) -Management of the supply network entails supplier selection, evaluation, and __________.

Fill in the Blank(s) -The PLC outlined in the text suggests that there are four (4) distinct phases to the life of a product. They are introduction, ________, maturity, and decline.

Visibility is critical to effective supply chain design and management

A company must design its products and services, processes, and supply chains ________.

A supply chain is made up of a series of processes that involve an input, a ________, and an output.

Fill in the Blank(s) -A supply chain is made up of a series of processes that involve an input,___________ , and an output.

Fill in the Blank(s) -The primary goal behind process mapping is to make complex systems_________ .

Process mapping is very beneficial in identifying only value-added activities.

Fill in the Blank(s) -Traditional _________may vary in focus from very narrow processes to mapping the entire supply chain.

Designing effective supply chains involves coordinating physical and information systems but not financial to improve responsiveness and efficiency.

A value stream map is defined as an activity that transforms or changes inputs into a new output.

Fill in the Blank(s) -________products are those items that fulfill a basic need, such as staple foods like sliced bread and basic cars like the Honda Civic. Demand is relatively predictable, the products have a longer life cycle, and there are plenty of substitutes in the market.