MANAGEMENT INFORMATION SYSTEMS ELITE
REVIEW STUDY GUIDE SUMMARY WITH
SOLVED QUESTIONS AND RATIONALES
GUARANTEED PASS 2026
◉Five basic components of SCM . Answer: Plan/strategy,
Source/partner, Make/operations, Deliver/logistics, Return
◉Benefits of supply chain visibility . Answer: It is the ability to view all
areas up and down in the supply chain.
◉SCM and cost control . Answer: cost control savings in which the
company is more efficient with what they do.
◉Disintermediation . Answer: Simply "cutting out the middle man"
◉Ways in which SCM and ERP systems differ . Answer: ERP is
internal. SCM is external.
◉Supply chain decisions . Answer: Production, inventory, and
transportation
, ◉Logistics . Answer: Controls transportation and storage all the way
from suppliers to customers
◉Inventory management and Control Software . Answer: Provides
control and visibility to the status of individual items maintained in
inventory.
◉Transportation planning system . Answer: Tracks, and analyzes the
movement of materials and products to ensure the delivery of materials
and finished goods at the right time, the right place, and the lowest cost.
◉Types of Drivers . Answer: Facilities, Inventory, Transportation, and
Information
◉Facilities Driver . Answer: Processes or transforms inventory into
another product or it stores the inventory before shipping it to the next
facility.
◉Inventory Driver . Answer: Deals with inventory management.
◉Transportation Driver . Answer: An oprganization can use many
different methods of transportation to move its inventories between the
different stages in the supply chain.
REVIEW STUDY GUIDE SUMMARY WITH
SOLVED QUESTIONS AND RATIONALES
GUARANTEED PASS 2026
◉Five basic components of SCM . Answer: Plan/strategy,
Source/partner, Make/operations, Deliver/logistics, Return
◉Benefits of supply chain visibility . Answer: It is the ability to view all
areas up and down in the supply chain.
◉SCM and cost control . Answer: cost control savings in which the
company is more efficient with what they do.
◉Disintermediation . Answer: Simply "cutting out the middle man"
◉Ways in which SCM and ERP systems differ . Answer: ERP is
internal. SCM is external.
◉Supply chain decisions . Answer: Production, inventory, and
transportation
, ◉Logistics . Answer: Controls transportation and storage all the way
from suppliers to customers
◉Inventory management and Control Software . Answer: Provides
control and visibility to the status of individual items maintained in
inventory.
◉Transportation planning system . Answer: Tracks, and analyzes the
movement of materials and products to ensure the delivery of materials
and finished goods at the right time, the right place, and the lowest cost.
◉Types of Drivers . Answer: Facilities, Inventory, Transportation, and
Information
◉Facilities Driver . Answer: Processes or transforms inventory into
another product or it stores the inventory before shipping it to the next
facility.
◉Inventory Driver . Answer: Deals with inventory management.
◉Transportation Driver . Answer: An oprganization can use many
different methods of transportation to move its inventories between the
different stages in the supply chain.
