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SCMN 2150 TEST 1 SMEDBERG QUESTIONS AND ANSWERS 2026

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SCMN 2150 TEST 1 SMEDBERG QUESTIONS AND ANSWERS 2026

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SCMN 2150 TEST 1 SMEDBERG QUESTIONS AND
ANSWERS 2026


the consumer - Answers - Who is the most important participant in the supply chain?

5 - Answers - How many primary groups are in the SC?

Who's involved in the supply chain? - Answers - Suppliers, manufacturers, distributors,
retailers, consumers

Consumer demand should drive activity across the supply chain.

What are the three flows of a supply chain - Answers - 1. share the information
- create visibility
2. deliver the product
- drive utility
3. show me the $
- release funds

Essential process of SCM - Answers - procurement
Production
distribution
customer interface

7 principles of SCM - Answers - 1. Segment customers based on service
needs
2. Customize the logistics network
3. Drive operations from demand
4. Differentiate product closer to the
customer
5. Source strategically
6. Develop supply chain-wide technology
strategy
7. Use supply chain spanning performance measures

What does SCM involve? - Answers - All the activities that take place to get a product in
your hands - from the time of raw materials extraction to the minute you pull out your
credit card and take the final product home. BUY MAKE MOVE

SCM synchronization helps participants - Answers - develop collaborative relationships
...create optimal product flows ...drive out cost and achieve efficiency ...adapt to
change, and ...make money

, Product availability (benefits of SCM) - Answers - Form utility- what i want
time utility- when i want
place utility- where i want it

7 rights - Answers - Right Product
Right Customer
Right Time
Right Place
Right Condition
Right Quantity
Right Cost

Accenture - Answers - where did the professor work?

A Spiderweb - Answers - In reality, what does a SC look like?

better, faster, cheaper - Answers - SCM help companies outpaces the competition by
managing their materials, product, and information flows in order to be...

McDonald's French Fries - Answers - Episode 1 supply chain in action video, focuses
on what product?

place utility - Answers - which utility allows companies to have product in locations
where customers demand will occur?

Reduced fixed cost - Answers - Episode 1 reading, what benefit will be created if a
supply chain reduces it inventory investment?

false - Answers - All supply chains are constructed in a similar fashion with the same
number of types of participants

Customer Demand - Answers - What should drive activity across the supply chain?

Noble group - Answers - what company's supply chain network is featured in the
industry in action video segment?

Safety stock to quickly handle customer demand spikes - Answers - Distribution centers
provide what benefit that is not readily available with cross docking or direct delivery

true - Answers - A properly designed supply chain network will balance cost efficiency
with customer service

By transportation modes - Answers - how are nodes in a supply chain physically
connected?

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