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SCMN 2150: Exam 3 Robert Straw Latest Questions with Correct/Verified Answers 2026.

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Why are the Goals of Technology for SCM needed? - Answer To plan, execute, and control SCM activities in real time. What are the Goals of Technology for SCM? - Answer Optimization Cross-chain visibility Speed to market Agility Collaboration Adaptability Differentiation Risk Management Optimization - Answer Peak performance of a supply chain requires alignment of resources within and across organizations. Cross-Chain Visibility - Answer Visibility to events occurring across the supply chain is a pre-requisite for effective decision making. Speed to Market - Answer properly implemented technologies capture customer requirements, prioritize them, and recommend alternatives to ensure product velocity aligns with customer needs Agility - Answer Decision support tools provide the ability to model volatility scenarios. This helps the company sense and respond to changing market conditions. Collaboration - Answer Access to a common data pools supports collaboration on strategies, processes, and exception response... linking geographically dispersed supply chains to achieve seamless/smooth information sharing. Adaptability - Answer Managers must alter the design and capabilities of a supply chain to meet evolving market conditions.

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SCMN 2150: Exam 3 Robert Straw
Latest Questions with Correct/Verified
Answers 2026.
Why are the Goals of Technology for SCM needed? - Answer To plan, execute, and control
SCM activities in real time.



What are the Goals of Technology for SCM? - Answer Optimization

Cross-chain visibility

Speed to market

Agility

Collaboration

Adaptability

Differentiation

Risk Management



Optimization - Answer Peak performance of a supply chain requires alignment of resources
within and across organizations.



Cross-Chain Visibility - Answer Visibility to events occurring across the supply chain is a pre-
requisite for effective decision making.



Speed to Market - Answer properly implemented technologies capture customer
requirements, prioritize them, and recommend alternatives to ensure product velocity aligns
with customer needs



Agility - Answer Decision support tools provide the ability to model volatility scenarios. This
helps the company sense and respond to changing market conditions.



Collaboration - Answer Access to a common data pools supports collaboration on strategies,
processes, and exception response... linking geographically dispersed supply chains to achieve
seamless/smooth information sharing.



Adaptability - Answer Managers must alter the design and capabilities of a supply chain to
meet evolving market conditions.



Differentiation - Answer Technology can help an organization align demand and supply to
optimize profit, understand the cost to serve customers, and prioritize service execution.

, Risk Management - Answer Companies use predictive analytics and risk management
technologies to understand and minimize threats.



Characteristics of High-Quality Data & Useful Supply Chain Information - Answer Accurate

Accessible

Relevant

Timely

Transferable

Reliable

Usable



What does supply chain planning software do? - Answer Strategic network design

Capacity planning

Demand planning & forecasting

Procurement planning

Production planning & scheduling

Distribution planning



What do supply chain execution applications do and what are some examples? - Answer -
Supply chain execution applications facilitate the efficient use of resources to control supply
chain costs and achieve the quality and service requirements.

Examples:

-Warehouse Management Systems (WMS)

-Transportation Management Systems (TMS)

-Manufacturing Execution Systems (MES)

-Global Trade Management Tools (GTM)

-Distributed Order Management Tools (OM)



What do supply chain event management systems do? - Answer -Provides visibility of critical
flows and help provide early warning signals of deviations from plans.

-Triggers corrective actions or recovery recommendations based on predefined work-flow rules.

-Help decision-makers implement the best alternative in terms of cost, time, and customer
service requirements.

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