Deck 8: Order Management and Customer Service

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Question
Reserve Inventory and Determine Delivery Date has traditionally been referred to as order processing.
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Question
"Order to cash" and "replenishment cycle" are the same.
Question
Deliver Stocked Product in the Supply Chain Council SCOR Model is the same as the OTC model.
Question
With the proper information on how a customer's interaction drives firm's costs,the firm can then segment its customers by profitability.
Question
There are four types of communications that exist between a buyer and a seller.
Question
There are five logistics performance metrics from the buyer's point of view.
Question
A driving force behind the attention to OTC cycle variability is safety stock.The absolute length of the order cycle will influence demand inventory.
Question
From a marketing perspective,logistics customer service can be thought of as a feature of the augmented product that adds value for the customer product.
Question
Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs to customers.It's based on the specific costs of servicing a customer's orders relative to how,how much,what,and when a customer orders.
Question
Dependability is not as important to a buyer as is absolute length of lead time.
Question
Customer service is of equal importance to both logistics and marketing.
Question
A stockout always results in a back order.
Question
Activity-based costing works well in warehouse-type environments but does not work for customer-service applications.
Question
Customer service is anything that touches the customer.
Question
There are ten principal activities to the OTC model.
Question
The buyer and seller look at order time from the same perspective.
Question
Customer relationship management is a new concept only recently receiving attention.
Question
The identification of the product/service package for each customer segment is one of the easier activities in the CRM process.
Question
Most organizations employ all six definitions of customer service in their order management process.
Question
"Order to cash" and "order cycle" are the same.
Question
Traditional customer profitability analyses would start with ____ less returns and allowances (net sales)and subtracts the cost of goods sold.

A) gross sales
B) back orders
C) the forecast
D) gross margin
Question
There are four basic steps in the implementation of the CRM process in a business-to-business environment.
Question
Customer service can be defined as

A) a philosophy.
B) order fulfillment.
C) the SCOR model.
D) anything that touches the customer.
Question
There are 13 elements to the Process D1: Deliver Stocked Product in the Supply Chain Council's SCOR Model.Name any four,and discuss them in detail.
Question
Those customers who are in the "Danger Zone" segment are

A) likely to switch to a competitor.
B) have been a customer for less than a year.
C) the least profitable.
D) are using ABC to drive down the price.
Question
While interest has traditionally focused more on the overall length of the OTC cycle,recent attention has been centered on

A) customer segmentation.
B) the use of the ABC process.
C) the use of the SCOR process.
D) variability or consistency within this process.
Question
Define and discuss Activity Based Costing,including its impact on profitability.
Question
The traditional role of customer service at the interface between marketing and logistics.This relationship manifests itself through the ____ dimension of the marketing mix.

A) price
B) place
C) product
D) promotion
Question
For the best service,all products should be available at all levels regardless of cost.
Question
Customer relationship management is the art and science of

A) demand management.
B) positioning customers to improve the profitability of the organization.
C) management discipline.
D) customer profitability.
Question
Define and discuss the Marketing/Logistics interface.
Question
Applying Internet technology to the order management process has allowed organizations to not only take time out of the process but also to

A) increase the velocity of cash back to the selling organization.
B) attract new customers.
C) develop "Clicks" and "Bricks" firms.
D) manage inventory more effectively.
Question
Which is not part of dependability?

A) cycle time
B) correct orders and cycle time
C) convenience
D) cycle time,correct order,and convenience
Question
Order management system represents the principal means by which

A) price and lead time add value.
B) buyers and sellers communicate relating to individual orders of product.
C) orders are handled inside the company.
D) customers are segmented.
Question
Discuss how the Internet has affected how the OTC cycle.
Question
The SCOR model provides suggested metrics

A) across multiple dimensions for each of the five Level One processes.
B) to segment customers.
C) for proving a base for ABC costing.
D) that allow marketing to evaluate channel selection
Question
The term replenishment cycle refers to

A) orders for raw material.
B) material management.
C) the acquisition of additional inventory.
D) inventory and material management.
Question
What are the steps in the CRM process?

A) segment customer base,then measure service and improve
B) segment customer base,then identify service/package
C) measure service,then improve
D) segment customer base,then identify service/package,then measure service and improve
Question
Define and discuss the Order Management System.
Question
Activity Based Costing

A) is useful for distributions centers but not customers.
B) can be applied to customer segmentation.
C) is too sophisticated for many applications.
D) is a very new management science.
Question
When a seller is unable to satisfy demand with available inventory,one of four possible events might occur.Name all four,and pick two to discuss in detail.
Question
There are ____ different perspectives on customer service.Fill in the blank as to how many there are and pick one to discuss in detail.
Question
Customer service can be viewed as having four distinct dimensions.Name all four,pick two and discuss.
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Deck 8: Order Management and Customer Service
1
Reserve Inventory and Determine Delivery Date has traditionally been referred to as order processing.
False
2
"Order to cash" and "replenishment cycle" are the same.
False
3
Deliver Stocked Product in the Supply Chain Council SCOR Model is the same as the OTC model.
True
4
With the proper information on how a customer's interaction drives firm's costs,the firm can then segment its customers by profitability.
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k this deck
5
There are four types of communications that exist between a buyer and a seller.
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6
There are five logistics performance metrics from the buyer's point of view.
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7
A driving force behind the attention to OTC cycle variability is safety stock.The absolute length of the order cycle will influence demand inventory.
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8
From a marketing perspective,logistics customer service can be thought of as a feature of the augmented product that adds value for the customer product.
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Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
9
Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs to customers.It's based on the specific costs of servicing a customer's orders relative to how,how much,what,and when a customer orders.
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k this deck
10
Dependability is not as important to a buyer as is absolute length of lead time.
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11
Customer service is of equal importance to both logistics and marketing.
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12
A stockout always results in a back order.
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13
Activity-based costing works well in warehouse-type environments but does not work for customer-service applications.
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14
Customer service is anything that touches the customer.
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15
There are ten principal activities to the OTC model.
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16
The buyer and seller look at order time from the same perspective.
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17
Customer relationship management is a new concept only recently receiving attention.
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k this deck
18
The identification of the product/service package for each customer segment is one of the easier activities in the CRM process.
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k this deck
19
Most organizations employ all six definitions of customer service in their order management process.
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20
"Order to cash" and "order cycle" are the same.
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21
Traditional customer profitability analyses would start with ____ less returns and allowances (net sales)and subtracts the cost of goods sold.

A) gross sales
B) back orders
C) the forecast
D) gross margin
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Unlock for access to all 43 flashcards in this deck.
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k this deck
22
There are four basic steps in the implementation of the CRM process in a business-to-business environment.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
23
Customer service can be defined as

A) a philosophy.
B) order fulfillment.
C) the SCOR model.
D) anything that touches the customer.
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Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
24
There are 13 elements to the Process D1: Deliver Stocked Product in the Supply Chain Council's SCOR Model.Name any four,and discuss them in detail.
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Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
25
Those customers who are in the "Danger Zone" segment are

A) likely to switch to a competitor.
B) have been a customer for less than a year.
C) the least profitable.
D) are using ABC to drive down the price.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
26
While interest has traditionally focused more on the overall length of the OTC cycle,recent attention has been centered on

A) customer segmentation.
B) the use of the ABC process.
C) the use of the SCOR process.
D) variability or consistency within this process.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
27
Define and discuss Activity Based Costing,including its impact on profitability.
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Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
28
The traditional role of customer service at the interface between marketing and logistics.This relationship manifests itself through the ____ dimension of the marketing mix.

A) price
B) place
C) product
D) promotion
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
29
For the best service,all products should be available at all levels regardless of cost.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
30
Customer relationship management is the art and science of

A) demand management.
B) positioning customers to improve the profitability of the organization.
C) management discipline.
D) customer profitability.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
31
Define and discuss the Marketing/Logistics interface.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
32
Applying Internet technology to the order management process has allowed organizations to not only take time out of the process but also to

A) increase the velocity of cash back to the selling organization.
B) attract new customers.
C) develop "Clicks" and "Bricks" firms.
D) manage inventory more effectively.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
33
Which is not part of dependability?

A) cycle time
B) correct orders and cycle time
C) convenience
D) cycle time,correct order,and convenience
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
34
Order management system represents the principal means by which

A) price and lead time add value.
B) buyers and sellers communicate relating to individual orders of product.
C) orders are handled inside the company.
D) customers are segmented.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
35
Discuss how the Internet has affected how the OTC cycle.
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Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
36
The SCOR model provides suggested metrics

A) across multiple dimensions for each of the five Level One processes.
B) to segment customers.
C) for proving a base for ABC costing.
D) that allow marketing to evaluate channel selection
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
37
The term replenishment cycle refers to

A) orders for raw material.
B) material management.
C) the acquisition of additional inventory.
D) inventory and material management.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
38
What are the steps in the CRM process?

A) segment customer base,then measure service and improve
B) segment customer base,then identify service/package
C) measure service,then improve
D) segment customer base,then identify service/package,then measure service and improve
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
39
Define and discuss the Order Management System.
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Unlock Deck
k this deck
40
Activity Based Costing

A) is useful for distributions centers but not customers.
B) can be applied to customer segmentation.
C) is too sophisticated for many applications.
D) is a very new management science.
Unlock Deck
Unlock for access to all 43 flashcards in this deck.
Unlock Deck
k this deck
41
When a seller is unable to satisfy demand with available inventory,one of four possible events might occur.Name all four,and pick two to discuss in detail.
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Unlock Deck
k this deck
42
There are ____ different perspectives on customer service.Fill in the blank as to how many there are and pick one to discuss in detail.
Unlock Deck
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Unlock Deck
k this deck
43
Customer service can be viewed as having four distinct dimensions.Name all four,pick two and discuss.
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Unlock Deck
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