Scor model Study guides, Revision notes & Summaries

If a company reports a problem with its supply chain and pinpoints blame, which of the following groups, if blamed, will most likely result in the stock price being most punished by the market? - Answer- Customers A significant impact on the supply chain can be made by all of the following stake holders EXCEPT: - Answer- consumers Which of the following relationships has the maximum degree of independence of ownership and the minimum degree of integration? - Answer- ad hoc trading A...

CSCP (Exam Prep Set) Questions & Answers 2023/2024 If a company reports a problem with its supply chain and pinpoints blame, which of the following groups, if blamed, will most likely result in the stock price being most punished by the market? - ANSWER-Customers A significant impact on the supply chain can be made by all of the following stake holders EXCEPT: - ANSWER-consumers Which of the following relationships has the maximum degree of independence of ownership and the minimu...

What is considered PLM (Product Lifecycle Management) information? correct answers *Any information that can be used* Design data and material lists from suppliers and their suppliers Bills of material and their many derivatives and revisions Design-for-manufacturing input, revisions history, notes, and source data Marketing and sales input Cost accounting data Test and performance criteria Manufacturing process requirements As- built information, including quality assurance dat...

APICS CSCP Exam Questions With 100% Verified Answers As you plan a manufactured product supply chain, what is considered the most crucial element? - answerComponent suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? - answerDoubling back. When a raw material supplier ends up using a component that they pr...

APICS CSCP Exam Questions With 100% Verified Answers As you plan a manufactured product supply chain, what is considered the most crucial element? - answerComponent suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? - answerDoubling back. When a raw material supplier ends up using a component that they pr...

Ways Organizations Create Value - ANSWEROrganizations create value by shaping the product (form utility), delivering it at the right time (time utility), and placing it where it's needed (place utility). Cost Leadership - ANSWERProviding products or services at the lowest cost. Differentiation - ANSWEROffering unique and high-quality products. Responsiveness - ANSWERQuickly adapting to changes in demand and customer needs. ROA Definition - ANSWERReturn on Assets is a financial metri...

What are retail chains large enough to buy directly from manufacturers called? - Answer- National accounts Which of the following is not a process that must be managed in the SCOR model? - Answer- Assess Which of the seven "rights" of purchasing is the most important? - Answer- The right supplier Your goal as a purchasing professional should always be to get the lowest possible price - Answer- False What is the total cost of buying, using, and disposing of an item called? - Answer-...

BUAD 331 Final Exam Questions & Answers(Graded Ways Organizations Create Value - ANSWEROrganizations create value by shaping the product (form utility), delivering it at the right time (time utility), and placing it where it's needed (place utility). Cost Leadership - ANSWERProviding products or services at the lowest cost. Differentiation - ANSWEROffering unique and high-quality products. Responsiveness - ANSWERQuickly adapting to changes in demand and customer needs. ROA Definitio...

APICS CSCP Exam Questions With 100% Verified Answers As you plan a manufactured product supply chain, what is considered the most crucial element? - answerComponent suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? - answerDoubling back. When a raw material supplier ends up using a component that they pr...

Ways Organizations Create Value - ANSWEROrganizations create value by shaping the product (form utility), delivering it at the right time (time utility), and placing it where it's needed (place utility). Cost Leadership - ANSWERProviding products or services at the lowest cost. Differentiation - ANSWEROffering unique and high-quality products. Responsiveness - ANSWERQuickly adapting to changes in demand and customer needs. ROA Definition - ANSWERReturn on Assets is a financial metri...