Exam 5: Technical Fundamentals

Which of the following is a key to SCM success?

Which one of the following is not a characteristic of an efficient and effective supply chain management?

Collaborative ______________ allows an organization to reduce the cost and time required during the design process of a product.

What is often referred to as the technical core,especially in manufacturing organizations,and is the actual conversion of inputs to outputs?

Which of the following automates the different steps and stages of the supply chain?

Which one of the following is a characteristic of an efficient and effective supply chain management?

In ______________ component of supply chain management,companies must carefully choose reliable suppliers that will deliver goods and services required for making products,and develop a set of pricing,delivery,and payment processes with suppliers and create metrics for monitoring and improving the relationships.

______________________________ track and analyze the movement of materials and products to ensure the delivery of materials and finished goods at the right time,the right place,and the lowest cost.

Global ______________ management system provides the ability to locate,track,and predict the movement of every component or material anywhere upstream or downstream in the supply chain.

___________________ is the term used to describe the difference between the cost of inputs and the value of price of outputs.

The customers' customer is upstream in the supply chain.

Define the relationship between supply chain management and decision making.

What applies technology to the activities in the order life cycle from inquiry to sale?

Production management describes all the activities managers do to help companies create goods.

Managers can use information systems to heavily influence decisions including productivity,costs,flexibility,quality,and customer satisfaction.

__________________________________ provide control and visibility to the status of individual items maintained in inventory.

Deploy in incremental phases and measure and communicate success is one of the keys to success for SCM.

Which of the following is not a principle of supply chain management?

Which of the following is not one of the five basic components of supply chain management?

In a supply chain,payment flows in the direction of ________.