Exam 10: Managing Supply

In _______ firms can significantly reduce the safety inventory they require by physically aggregation inventories in one location

________ allows the supplier and the producer to work together when designing components for the final product.

Why should a firm design a transportation network that can handle electronic commerce?

To protect against external transportation costs, ____________ include any cost associated with terminals, airport gates, and labor that are incurred whether vehicles are in operation or not.

Ensuring appropriate coordination across regions and business units maximizes economies of scale in ___________.

One of the ways to manage supply and shipment is through ________ transportation, which is the use of more than one method of transportation to move a shipment to its destination.

A __________ specifies parameters covering the buyer and supplier relationship. This protects the business from both external and internal sources.

_________ will generate more opportunities for savings than two parties working independently.

_______ is a sourcing strategy from the purchasing group that is likely to be narrow and focus on purchase price.

Managers should consider an appropriate combination of _________ and __________ to meet their needs.

In a ________, the retail chain structures its transportation network to have all shipments come directly from supplier to retail stores.

An effective sourcing strategy should make ________ its sole objective.

Supply contracts should be designed to facilitate desirable supply chain outcomes and minimize actions that hurt _________ performance of supply.

Software is crucial to helping managers do which of the following task/s easily?

______ start(s) with a trip obtained by using a route sequencing procedure and improves the trip to shorten its length.

The most common cause for suboptimal supply chain performance is _________.

One of the factors affecting the shipper's decision is the _________ that needs to be paid to various carriers for transporting products to customers.