Exam 10: Extending the Organization-Supply Chain Management

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Define the relationship between supply chain management and decision making.

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SCM enhances decision making.Collecting,analyzing,and distributing transactional information to all relevant parties,SCM systems help all the different entities in the supply chain work together more effectively.SCM systems provide dynamic holistic views of organizations.Without SCM systems,organizations would be unable to make accurate and timely decisions regarding their supply chains.

List and describe the components of a typical supply chain.

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The components of a typical supply chain include supplier,manufacturer,distributor,retailer,and customer.

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

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

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What is the ability to view all areas up and down the supply chain?

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

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Which of the following generates demand forecasts using statistical tools and forecasting techniques?

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Which of the following is not one of the four changes resulting from advances in information technology that are driving supply chains?

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Which of the following is a key to SCM success?

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The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain.

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Information technology's primary role in supply chain management is creating the integrations,or tight process and information linkages,between functions within a firm - such as marketing,sales,finance,manufacturing,and distribution - and between firms.

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Summarize the best practices for implementing a successful supply chain management system.

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Consumer behavior,_____________,competition,and speed are the four changes resulting from advances in IT that are driving supply chains.

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Consumer behavior,competition,visibility,and speed are the four changes resulting from advances in technology that are driving supply chains.

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Describe the four changes resulting from advances in IT that are driving supply chains.

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

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

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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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Make the sale to the ___________ is one of the keys to SCM success.

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