Deck 12: Aligning Supply Chains

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Question
A recent annual 3PL study indicates that 3PL customers feel third-party suppliers should each focus on a narrow set of specialized services, rather than offering a broader range of generalized services.
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Question
Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.
Question
A distinguishing characteristic of successful supply chains is the ability to achieve "alignment" between people, processes, and technologies.
Question
National Auto Parts has a collaborative relationship with one of its suppliers, Dri-Shield Windshield Wipers. National's inventory system feeds data directly to this supplier so that Dri-Shield can deliver optimal levels of inventory at the best times to National's stores. Which of the following best describes this example of collaboration?

A) Vertical
B) Horizontal
C) Lateral
D) Full
Question
Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.
Question
Information systems executives are becoming increasingly involved in implementing 3PL relationships, which is not surprising, considering the key role of IT in many of today's logistics and supply chain processes.
Question
The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs .
Question
Collaboration is usually defined as a "business practice that encourages individual organizations to share information and resources for the benefit of all."
Question
The range of relationships with 3PLs ranges from being a vendor to being a vertical supplier.
Question
The "IT gap" refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.
Question
4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.
Question
A horizontal relationship refers to firms on the same level in the supply chain.
Question
Horizontal collaboration refers to a relationship that is _____ and/or _____.

A) 3PLs to 3PLs; service provider to service provider
B) buyer to buyer; seller to seller
C) flat across the chain; involving partners equal in size
D) collaboration with horizontal; vertical competitors
Question
Full collaboration is the dynamic combination of:

A) buyers, sellers, retailers, and 3PLs.
B) buyers, sellers, retailers, 3PLs, and appropriate government agencies.
C) both vertical and horizontal collaboration.
D) buyers and sellers only.
Question
A third-party logistics (3PL) firm is defined as a company that owns trucks and warehouses so as to offer integrated services.
Question
Many organizations are working more closely with:

A) customers.
B) customers and suppliers.
C) third-party logistics firms.
D) customers, suppliers, and various types of logistics suppliers.
Question
A financial based 3PL is a firm that takes a financial interest in an organization in order to underwrite the outsourcing of that firm's logistics.
Question
Which of the following statements best describes the reason the IT gap has not been eliminated in recent years?

A) The primary cause of the continuing IT gap is service providers' reluctance to invest in appropriate technology.
B) An inability to integrate IT systems between shipper organizations and service providers continues to cause an IT gap.
C) Until shipper organizations and service providers are willing to collaborate on designing and implementing shared IT systems, the IT gap will persist.
D) The continuing IT gap can be attributed to the complexity of the IT-needs of the shipper organizations and the extent to which their IT capabilities themselves need to be improved.
Question
Drivers and facilitators are internal issues that an organization must address before seeking a 3PL.
Question
One anticipated trend for the future is a narrowing of service offerings into specialty niches. ​
Question
What does it take to have an area of "core competency"? Provide an example.
Question
Which of the following did not rank as one of the top three benefits of using 3PL in the 24th Annual 3PL Study ?

A) Reduced costs
B) Reduced shipping time
C) Improved customer service
D) Improved logistics effectiveness
Question
Define and discuss the term "4PL."
Question
Approximately two-thirds of 3PL customers think their providers supply:

A) tactical or operational services.
B) strategic or integrative services.
C) trucking and warehouse services.
D) a firm that can supply a competency that is not core to the firm.
Question
What are some of the types of activities often outsourced?
Question
Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) do you feel is (are) most critical?
Question
What are some example types of services that may be available from a 4PL provider?
Question
TransNational Trucking has recently invested over $1 million in wireless technologies designed to give the trucking company greater visibility into shipments as they travel door to door. In what way is TransNational adding value to its customers?

A) Onboarding new customers more effectively
B) Realizing cost reductions
C) Utilizing information technology capabilities
D) Expanding global capabilities
Question
How would you distinguish between the following terms: alignment, relationships, and collaboration?
Question
What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?
Question
What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?
Question
How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?
Question
What are the basic types of 3PL firms, and which are most prevalent?
Question
Generally, there are two types of logistics relationships. Name both types, and pick one to discuss in more detail.
Question
Define what a "transactional" relationship is, and discuss how this occurs in logistics.
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Deck 12: Aligning Supply Chains
1
A recent annual 3PL study indicates that 3PL customers feel third-party suppliers should each focus on a narrow set of specialized services, rather than offering a broader range of generalized services.
False
2
Vertical integration refers to collaboration typically among buyers and sellers in the supply chain.
True
3
A distinguishing characteristic of successful supply chains is the ability to achieve "alignment" between people, processes, and technologies.
True
4
National Auto Parts has a collaborative relationship with one of its suppliers, Dri-Shield Windshield Wipers. National's inventory system feeds data directly to this supplier so that Dri-Shield can deliver optimal levels of inventory at the best times to National's stores. Which of the following best describes this example of collaboration?

A) Vertical
B) Horizontal
C) Lateral
D) Full
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5
Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.
Unlock Deck
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Unlock Deck
k this deck
6
Information systems executives are becoming increasingly involved in implementing 3PL relationships, which is not surprising, considering the key role of IT in many of today's logistics and supply chain processes.
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7
The first stage in the process model for forming and sustaining supply chain relationships involves the process by which a manufacturer becomes fully aware of its logistics and supply chain needs .
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k this deck
8
Collaboration is usually defined as a "business practice that encourages individual organizations to share information and resources for the benefit of all."
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9
The range of relationships with 3PLs ranges from being a vendor to being a vertical supplier.
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10
The "IT gap" refers to the difference between the internal IT capabilities of 3PL users and the IT expertise of the 3PL providers.
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11
4PL providers not only provide a broader scope of services to their clients and customers, but typically may be more strategically involved.
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12
A horizontal relationship refers to firms on the same level in the supply chain.
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13
Horizontal collaboration refers to a relationship that is _____ and/or _____.

A) 3PLs to 3PLs; service provider to service provider
B) buyer to buyer; seller to seller
C) flat across the chain; involving partners equal in size
D) collaboration with horizontal; vertical competitors
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Unlock for access to all 35 flashcards in this deck.
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14
Full collaboration is the dynamic combination of:

A) buyers, sellers, retailers, and 3PLs.
B) buyers, sellers, retailers, 3PLs, and appropriate government agencies.
C) both vertical and horizontal collaboration.
D) buyers and sellers only.
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15
A third-party logistics (3PL) firm is defined as a company that owns trucks and warehouses so as to offer integrated services.
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Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
16
Many organizations are working more closely with:

A) customers.
B) customers and suppliers.
C) third-party logistics firms.
D) customers, suppliers, and various types of logistics suppliers.
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Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
17
A financial based 3PL is a firm that takes a financial interest in an organization in order to underwrite the outsourcing of that firm's logistics.
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Unlock Deck
k this deck
18
Which of the following statements best describes the reason the IT gap has not been eliminated in recent years?

A) The primary cause of the continuing IT gap is service providers' reluctance to invest in appropriate technology.
B) An inability to integrate IT systems between shipper organizations and service providers continues to cause an IT gap.
C) Until shipper organizations and service providers are willing to collaborate on designing and implementing shared IT systems, the IT gap will persist.
D) The continuing IT gap can be attributed to the complexity of the IT-needs of the shipper organizations and the extent to which their IT capabilities themselves need to be improved.
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k this deck
19
Drivers and facilitators are internal issues that an organization must address before seeking a 3PL.
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k this deck
20
One anticipated trend for the future is a narrowing of service offerings into specialty niches. ​
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k this deck
21
What does it take to have an area of "core competency"? Provide an example.
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Unlock Deck
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22
Which of the following did not rank as one of the top three benefits of using 3PL in the 24th Annual 3PL Study ?

A) Reduced costs
B) Reduced shipping time
C) Improved customer service
D) Improved logistics effectiveness
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Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
23
Define and discuss the term "4PL."
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24
Approximately two-thirds of 3PL customers think their providers supply:

A) tactical or operational services.
B) strategic or integrative services.
C) trucking and warehouse services.
D) a firm that can supply a competency that is not core to the firm.
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
25
What are some of the types of activities often outsourced?
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26
Describe the steps in the process model for forming and implementing successful supply chain relationships. What step(s) do you feel is (are) most critical?
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Unlock Deck
k this deck
27
What are some example types of services that may be available from a 4PL provider?
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Unlock Deck
k this deck
28
TransNational Trucking has recently invested over $1 million in wireless technologies designed to give the trucking company greater visibility into shipments as they travel door to door. In what way is TransNational adding value to its customers?

A) Onboarding new customers more effectively
B) Realizing cost reductions
C) Utilizing information technology capabilities
D) Expanding global capabilities
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
29
How would you distinguish between the following terms: alignment, relationships, and collaboration?
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k this deck
30
What is meant by "collaboration" between supply chain organizations? What are the different types of collaboration?
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Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
31
What are some of the more common "drivers" and "facilitators" of successful supply chain relationships?
Unlock Deck
Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
32
How would you distinguish between a vendor, a partner, and a strategic alliance? What conditions would favor the use of each?
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Unlock for access to all 35 flashcards in this deck.
Unlock Deck
k this deck
33
What are the basic types of 3PL firms, and which are most prevalent?
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34
Generally, there are two types of logistics relationships. Name both types, and pick one to discuss in more detail.
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35
Define what a "transactional" relationship is, and discuss how this occurs in logistics.
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