SCMN EXAM 3 Robert Straw
QUESTIONS AND ANSWERS9
In the final delivery leg when would rail typically be used, what are the advantages and
drawbacks? - ANSWERS -If the final leg is greater than 750 miles and large capacity
Pro: highly efficiently, large capacity, and low costs
Con: accessibility and inconsistent service
11. Readings: From the article," Clearing Customs Quickly and Efficiently," what are the 10 tips
for fast, reliable customs clearance? - ANSWERS -a. Focus on what you can control.
b. Make someone accessible 24/7
c. Learn the lingo. FAST, PAPS, PIP
d. Cross-training is crucial.
e. Use IT.
f. Don't cheat the system.
g. Pay on time
h. Work with the best
i. Savings begin after the deal is done
j. Customs compliance may require personnel, training, and IT investments
Optimization - ANSWERS -Peak performance of a supply chain requires alignment of resources
within and across organizations
Cross-chain visibility - ANSWERS -Visibility to events occurring across the supply chain is a pre-
requisite for effective decision making.
, Speed to market - ANSWERS -Property implemented tech capture customer requirements
prioritize them, and recommend alternatives to ensure product velocity aligns with customer
needs
Agility - ANSWERS -Decision support tools provide the ability to model volatility scenarios. This
helps the company sense and respond to changing market conditions.
collaboration - ANSWERS -Access to common data pools supports collaboration on strategies,
processes and exceptions response... linking geographically dispersed supply chains to achieve
seamless information sharing.
Adaptability - ANSWERS -Mangers must alter the design and capabilities of a supply chain to
meet evolving market conditions
Differentiation - ANSWERS -Technology can help an organization align demand and supply to
optimize profit, understand the cost to serve customers and prioritize service execution
Risk Management - ANSWERS -Companies use predictive analytics and risks management
technologies to understand and minimize threats
What are the characteristics of high-quality data that ensure its useful to supply chain
managers? - ANSWERS -Accurate - data must be correct and depict reality
Accessible - data must be readily available for decision making purposes
Relevant - data must contain pertinent details and support analysis
Timely - data must be current
Transferable - data must be portable and readable by multiple systems
Reliable - the data must come from credible sources and be unaltered
Usable - the data must support stronger decision making
QUESTIONS AND ANSWERS9
In the final delivery leg when would rail typically be used, what are the advantages and
drawbacks? - ANSWERS -If the final leg is greater than 750 miles and large capacity
Pro: highly efficiently, large capacity, and low costs
Con: accessibility and inconsistent service
11. Readings: From the article," Clearing Customs Quickly and Efficiently," what are the 10 tips
for fast, reliable customs clearance? - ANSWERS -a. Focus on what you can control.
b. Make someone accessible 24/7
c. Learn the lingo. FAST, PAPS, PIP
d. Cross-training is crucial.
e. Use IT.
f. Don't cheat the system.
g. Pay on time
h. Work with the best
i. Savings begin after the deal is done
j. Customs compliance may require personnel, training, and IT investments
Optimization - ANSWERS -Peak performance of a supply chain requires alignment of resources
within and across organizations
Cross-chain visibility - ANSWERS -Visibility to events occurring across the supply chain is a pre-
requisite for effective decision making.
, Speed to market - ANSWERS -Property implemented tech capture customer requirements
prioritize them, and recommend alternatives to ensure product velocity aligns with customer
needs
Agility - ANSWERS -Decision support tools provide the ability to model volatility scenarios. This
helps the company sense and respond to changing market conditions.
collaboration - ANSWERS -Access to common data pools supports collaboration on strategies,
processes and exceptions response... linking geographically dispersed supply chains to achieve
seamless information sharing.
Adaptability - ANSWERS -Mangers must alter the design and capabilities of a supply chain to
meet evolving market conditions
Differentiation - ANSWERS -Technology can help an organization align demand and supply to
optimize profit, understand the cost to serve customers and prioritize service execution
Risk Management - ANSWERS -Companies use predictive analytics and risks management
technologies to understand and minimize threats
What are the characteristics of high-quality data that ensure its useful to supply chain
managers? - ANSWERS -Accurate - data must be correct and depict reality
Accessible - data must be readily available for decision making purposes
Relevant - data must contain pertinent details and support analysis
Timely - data must be current
Transferable - data must be portable and readable by multiple systems
Reliable - the data must come from credible sources and be unaltered
Usable - the data must support stronger decision making
