Exam 5: The Five Generic Competitive Strategies

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Collaborative ___________ planning helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability.

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Describe the four drivers of supply chain management.

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Operations management is responsible for managing the core processes used to manufacture goods and produce services.

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Distribution of products flow from customers and their _____________ customers at all levels.

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Which of the following practices drives the supply chain performance?

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______________________________ 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.

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Describe the future trends in supply chain management systems.

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

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What is the management of systems or processes that convert or transform resources (including human resources) into goods and services?

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Which one of the following is an activity of Operations Management (OM)?

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Plan, source, make, deliver, and return are the five basic supply chain management components.

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In a supply chain, foods or services flows in the direction of ________.

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Which of the following is not one of the three main links in the supply chain?

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Which of the following is a key to SCM success?

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

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

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What helps organizations reduce their investment in inventory, while improving customer satisfaction through product availability?

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What is it called when distorted product demand information passes from one entity to the next throughout the supply chain?

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What allows an organization to reduce the cost and time required during the design process of a product?

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

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