Question 1

Full collaboration is the dynamic combination of:

Accepted Answer

A)  buyers, sellers, retailers, and 3PLs. 
B)  buyers, sellers, retailers, 3PLs, and appropriate government agencies. 
C)  both vertical and horizontal collaboration. 
D)  buyers and sellers only. 
A)  buyers, sellers, retailers, and 3PLs. 
B)  buyers, sellers, retailers, 3PLs, and appropriate government agencies. 
C)  both vertical and horizontal collaboration. 
D)  buyers and sellers only. C

Question 2

What are the basic types of 3PL firms, and which are most prevalent?

Accepted Answer

Although most 3PL firms promote themselves as providers of a comprehensive range of logistics services, it is useful to categorize them in one of several ways. Included are transportation-based, warehouse/distribution-based, forwarder-based, shipper/management-based, financial-based, and information-based firms. Transportation-based 3PLs are the most widely used 3PLs.

Question 3

National Auto Parts has a collaborative relationship with one of its suppliers, Dri-Shield Windshield Wipers. National's inventory system feeds data directly to this supplier so that Dri-Shield can deliver optimal levels of inventory at the best times to National's stores. Which of the following best describes this example of collaboration?

Accepted Answer

A)  Vertical 
B)  Horizontal 
C)  Lateral 
D)  Full 
A)  Vertical 
B)  Horizontal 
C)  Lateral 
D)  Full A

Question 4

Information systems executives are becoming increasingly involved in implementing 3PL relationships, which is not surprising, considering the key role of IT in many of today's logistics and supply chain processes.

Accepted Answer

A) True 
 B)False

Question 5

A distinguishing characteristic of successful supply chains is the ability to achieve "alignment" between people, processes, and technologies.

Accepted Answer

A) True 
 B)False

Question 6

Generally, there are two types of logistics relationships. Name both types, and pick one to discuss in more detail.

Accepted Answer

The first is what may be termed vertical

Question 7

Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.

Accepted Answer

A) True 
 B)False

Question 8

A horizontal relationship refers to firms on the same level in the supply chain.

Accepted Answer

A) True 
 B)False

Question 9

Which of the following statements best describes the reason the IT gap has not been eliminated in recent years?

Accepted Answer

A)  The primary cause of the continuing IT gap is service providers' reluctance to invest in appropriate technology. 
B)  An inability to integrate IT systems between shipper organizations and service providers continues to cause an IT gap. 
C)  Until shipper organizations and service providers are willing to collaborate on designing and implementing shared IT systems, the IT gap will persist. 
D)  The continuing IT gap can be attributed to the complexity of the IT-needs of the shipper organizations and the extent to which their IT capabilities themselves need to be improved. 
A)  The primary cause of the continuing IT gap is service providers' reluctance to invest in appropriate technology. 
B)  An inability to integrate IT systems between shipper organizations and service providers continues to cause an IT gap. 
C)  Until shipper organizations and service providers are willing to collaborate on designing and implementing shared IT systems, the IT gap will persist. 
D)  The continuing IT gap can be attributed to the complexity of the IT-needs of the shipper organizations and the extent to which their IT capabilities themselves need to be improved.

Question 10

Many organizations are working more closely with:

Accepted Answer

A)  customers. 
B)  customers and suppliers. 
C)  third-party logistics firms. 
D)  customers, suppliers, and various types of logistics suppliers. 
A)  customers. 
B)  customers and suppliers. 
C)  third-party logistics firms. 
D)  customers, suppliers, and various types of logistics suppliers.

Question 11

Which of the following did not rank as one of the top three benefits of using 3PL in the 24th Annual 3PL Study ?

Accepted Answer

A)  Reduced costs 
B)  Reduced shipping time 
C)  Improved customer service 
D)  Improved logistics effectiveness 
A)  Reduced costs 
B)  Reduced shipping time 
C)  Improved customer service 
D)  Improved logistics effectiveness

Question 12

What are some of the types of activities often outsourced?

Accepted Answer

The logistics services most frequently o

Question 13

What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?

Accepted Answer

Whether the relationship may or may not

Question 14

What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

Accepted Answer

The partnership model discussed in the t

Question 15

How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?

Accepted Answer

The range of relationship types extends

Question 16

Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.

Accepted Answer

A) True 
 B)False

Question 17

A third-party logistics (3PL) firm is defined as a company that owns trucks and warehouses so as to offer integrated services.

Accepted Answer

A) True 
 B)False

Question 18

Horizontal collaboration refers to a relationship that is _____ and/or _____.

Accepted Answer

A)  3PLs to 3PLs; service provider to service provider 
B)  buyer to buyer; seller to seller 
C)  flat across the chain; involving partners equal in size 
D)  collaboration with horizontal; vertical competitors 
A)  3PLs to 3PLs; service provider to service provider 
B)  buyer to buyer; seller to seller 
C)  flat across the chain; involving partners equal in size 
D)  collaboration with horizontal; vertical competitors

Question 19

Define what a "transactional" relationship is, and discuss how this occurs in logistics.

Accepted Answer

The range of relationship types extends

Question 20

What does it take to have an area of "core competency"? Provide an example.

Accepted Answer

When the decision relates to using an ex

Full collaboration is the dynamic combination of:

What are the basic types of 3PL firms, and which are most prevalent?

Information systems executives are becoming increasingly involved in implementing 3PL relationships, which is not surprising, considering the key role of IT in many of today's logistics and supply chain processes.

A distinguishing characteristic of successful supply chains is the ability to achieve "alignment" between people, processes, and technologies.

Generally, there are two types of logistics relationships. Name both types, and pick one to discuss in more detail.

Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.

A horizontal relationship refers to firms on the same level in the supply chain.

Which of the following statements best describes the reason the IT gap has not been eliminated in recent years?

Many organizations are working more closely with:

Which of the following did not rank as one of the top three benefits of using 3PL in the 24^th Annual 3PL Study ?

What are some of the types of activities often outsourced?

What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?

What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?

Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.

A third-party logistics (3PL) firm is defined as a company that owns trucks and warehouses so as to offer integrated services.

Horizontal collaboration refers to a relationship that is _ and/or _.

Define what a "transactional" relationship is, and discuss how this occurs in logistics.

What does it take to have an area of "core competency"? Provide an example.

Supply Chain Management: an Overview

Global Dimensions of Supply Chains

Role of Logistics in Supply Chains

Supply Chain and Omni Channel Network Design

Sourcing Materials and Services

Operations Producing Goods and Services

Demand Management

Order Management and Customer Service

Managing Inventory in the Supply Chain

Distribution Managing Fulfillment Operations

Transportation Managing the Flows of the Supply Chain

Supply Chain Performance Measurement and Financial Analysis

Supply Chain Technology Managing Information Flows

Strategic Challenges and Change for Supply Chains

Filters

Exam 12: Aligning Supply Chains

Full collaboration is the dynamic combination of:

What are the basic types of 3PL firms, and which are most prevalent?

Information systems executives are becoming increasingly involved in implementing 3PL relationships, which is not surprising, considering the key role of IT in many of today's logistics and supply chain processes.

A distinguishing characteristic of successful supply chains is the ability to achieve "alignment" between people, processes, and technologies.

Generally, there are two types of logistics relationships. Name both types, and pick one to discuss in more detail.

Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.

A horizontal relationship refers to firms on the same level in the supply chain.

Which of the following statements best describes the reason the IT gap has not been eliminated in recent years?

Many organizations are working more closely with:

Which of the following did not rank as one of the top three benefits of using 3PL in the 24th Annual 3PL Study ?

What are some of the types of activities often outsourced?

What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?

What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?

How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?

Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.

A third-party logistics (3PL) firm is defined as a company that owns trucks and warehouses so as to offer integrated services.

Horizontal collaboration refers to a relationship that is _____ and/or _____.

Define what a "transactional" relationship is, and discuss how this occurs in logistics.

What does it take to have an area of "core competency"? Provide an example.

Supply Chain Management: an Overview

Global Dimensions of Supply Chains

Role of Logistics in Supply Chains

Supply Chain and Omni Channel Network Design

Sourcing Materials and Services

Operations Producing Goods and Services

Demand Management

Order Management and Customer Service

Managing Inventory in the Supply Chain

Distribution Managing Fulfillment Operations

Transportation Managing the Flows of the Supply Chain

Supply Chain Performance Measurement and Financial Analysis

Supply Chain Technology Managing Information Flows

Strategic Challenges and Change for Supply Chains

Filters

Which of the following did not rank as one of the top three benefits of using 3PL in the 24^th Annual 3PL Study ?

Horizontal collaboration refers to a relationship that is _ and/or _.