Question 1

Purchasing can be classified according to two broad categories: direct (manufacturing inputs)and indirect (operating inputs).

Accepted Answer

A) True 
 B)False  True

Question 2

List and explain the major components of a warehouse management system.

Accepted Answer

Order management - orders received on-line,added,modified,or canceled in real time Labor management - plans,manages and reports on performance of warehouse personnel
Warehouse optimization - optimizes placement of items
Transportation management system - consolidates and builds economical loads and select carriers
Order tracking - track inbound and outbound shipments yard management - schedules dock appointments
Custom labeling and packaging - special packaging;bar coding

Question 3

Explain the concept of landed cost and discuss how it is used to make global sourcing decisions.

Accepted Answer

landed cost - the total cost of producing,storing,shipping,transporting,duties and value added taxes,customs,etc.
knowing landed cost allows a firm to make more informed decisions and help avoid sticker shock,compare to domestic source

Question 4

What are the advantages associated with e-procurement?

Accepted Answer

The advantages include faster

Question 5

The combination of several modes of transportation is called intermodal transportation.

Accepted Answer

A) True 
 B)False

Question 6

List and discuss the seven different modes of transportation.

Accepted Answer

Rail - low value,high-density,bulk produ

Question 7

Partnerships between customers and suppliers are beneficial because they

Accepted Answer

A) provide security and stability. 
B) reduce the need for global suppliers. 
C) enhance competition in the supply chain. 
D) require suppliers to build facilities near the customer. 
A) provide security and stability. 
B) reduce the need for global suppliers. 
C) enhance competition in the supply chain. 
D) require suppliers to build facilities near the customer.

Question 8

Long life,high capital cost and low operating costs are associated with which mode of transportation?

Accepted Answer

A) pipeline 
B) canal 
C) barges 
D) water 
A) pipeline 
B) canal 
C) barges 
D) water

Question 9

Explain the difference between procurement and sourcing? Between sourcing and outsourcing?

Accepted Answer

Procurement involves purchasin

Question 10

Information technology is an enabler of globalization for middle-tier companies.

Accepted Answer

A) True 
 B)False

Question 11

In a reverse auction a supplier posts on the Internet products available for bids from potential customers.

Accepted Answer

A) True 
 B)False

Question 12

Globalization decreases the need for a well-planned domestic supply chains.

Accepted Answer

A) True 
 B)False

Question 13

Landed cost includes the cost of storing and transporting a product but not the cost of producing it.

Accepted Answer

A) True 
 B)False

Question 14

Benefits of e-procurement include all of the following except

Accepted Answer

A) lower prices. 
B) faster delivery. 
C) fewer transactions. 
D) reduced labor. 
A) lower prices. 
B) faster delivery. 
C) fewer transactions. 
D) reduced labor.

Question 15

Companies use outsourcing as a strategic move to transfer their core competencies to their suppliers.

Accepted Answer

A) True 
 B)False

Question 16

What a company does best is often referred as the firm's core

Accepted Answer

A) capabilities 
B) activities. 
C) competencies. 
D) competitiveness. 
A) capabilities 
B) activities. 
C) competencies. 
D) competitiveness.

Question 17

Mexico has replaced China as the U.S.'s top trade partner.

Accepted Answer

A) True 
 B)False

Question 18

Distribution includes all of the following activities except

Accepted Answer

A) packaging. 
B) storing. 
C) shipping. 
D) sourcing. 
A) packaging. 
B) storing. 
C) shipping. 
D) sourcing.

Question 19

E-procurement is mostly used to purchase indirect products that support production.

Accepted Answer

A) True 
 B)False

Question 20

Outsourcing is a relatively new phenomenon used strictly by multinationals.

Accepted Answer

A) True 
 B)False

Exam 11: Global Supply Chain Procurement and Distribution

Purchasing can be classified according to two broad categories: direct (manufacturing inputs)and indirect (operating inputs).

List and explain the major components of a warehouse management system.

Explain the concept of landed cost and discuss how it is used to make global sourcing decisions.

What are the advantages associated with e-procurement?

The combination of several modes of transportation is called intermodal transportation.

List and discuss the seven different modes of transportation.

Partnerships between customers and suppliers are beneficial because they

Long life,high capital cost and low operating costs are associated with which mode of transportation?

Explain the difference between procurement and sourcing? Between sourcing and outsourcing?

Information technology is an enabler of globalization for middle-tier companies.

In a reverse auction a supplier posts on the Internet products available for bids from potential customers.

Globalization decreases the need for a well-planned domestic supply chains.

Landed cost includes the cost of storing and transporting a product but not the cost of producing it.

Benefits of e-procurement include all of the following except

Companies use outsourcing as a strategic move to transfer their core competencies to their suppliers.

What a company does best is often referred as the firm's core

Mexico has replaced China as the U.S.'s top trade partner.

Distribution includes all of the following activities except

E-procurement is mostly used to purchase indirect products that support production.

Outsourcing is a relatively new phenomenon used strictly by multinationals.

Operations Management

Quality Management

Statistical Quality Control

Product Design

Service Design

Processes and Technology

Scheduling

Capacity and Facilities

Human Resources

Project Management

Supply Chain Management: Strategy and Design

Forecasting

Inventory Management

Operational Decision-Making Tools: Simulation

Operational Decision-Making Tools: Linear Programming

The Sales and Operations Planning Process

Resource Planning

Lean Systems

Operational Decision-Making Tools: Decision Analysis

Operational Decision-Making Tools: Acceptance Sampling

Decision-Making Tools: Facility Location Models

Operational Decision-Making Tools: Work Measurement

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