SCMN 2150 Exam 1
Study online at https://quizlet.com/_gm8j2f
1. What is Supply it is the monitoring and optimization of the production and distribution of a
Chain? company's products and services
2. What are the five planning, sourcing, manufacturing, delivery, returns
phases of supply
chain?
3. what is the plan- Companies must try to predict future needs by matching supply with customers
ning phases of and manufacturing demands.
SCM?
4. True or false: true
large business-
es rely on en-
terprise resource
planning
5. What is en- software to help coordinate the process
terprise resource
planning (ERP)?
6. what is the sourc- rely on strong relationships with suppliers, works with vendors to supply materials.
ing phase of
SCM?
7. When sourcing - prices paid to vendor = in line with the market
for SCM what is it - vendor has flexibility for emergencies
ensuring? - good record of delivering on time
8. what is the man- subtasks such as assembly, testing, inspection, packaging, must be mindful of
ufacturing phase waste
of SCM? IntroductionExams
serve as a fundamental tool in evaluating a
student's understanding of a subject,
particularly in fields as diverse as business,
law, and mathematics. These disciplines
1/8
, 9. what is the de- robust logistic capabilities and delivery channels
livery phase of
SCM?
10. what is the re- - returns process is often called reverse logistics
turns phase of - ensures correctly responded return, either product recall or customer refund
SCM? - provides feedback
11. What are the -continuous flow model
different types -agile model, fast model
of supply chain -flexible model
models? -eflcient model
-custom model
12. what is a continu- relies on a manufacturer producing the same good over and over again, expecting
ous flow model customer demand variation, more traditional
13. Agile Model - prioritizes flexibility, may have a specific need, and has to be prepared to pivot
accordingly
- works best for companies with unpredictable demand/custom-ordered products
14. Fast Model emphasizes quick turn over with short life cycle
15. flexible model - works best for companies attected seasonly like halloween candy
- ensures the product can be ramped up and slowed down quickly
16. efficient model works with tight profit margins, comes up with ideas to utilize equipment, machin-
ery, etc
17. Custom Model for highly specialized industries with technical requirements (like manufacturing a
car)
18. helps control planning processes related to demand IntroductionExams serve as a fundamental tool in
evaluating a student's understanding of a subject, particularly in fields as diverse as business, law, and mathematics. These disciplines
2/8
Study online at https://quizlet.com/_gm8j2f
1. What is Supply it is the monitoring and optimization of the production and distribution of a
Chain? company's products and services
2. What are the five planning, sourcing, manufacturing, delivery, returns
phases of supply
chain?
3. what is the plan- Companies must try to predict future needs by matching supply with customers
ning phases of and manufacturing demands.
SCM?
4. True or false: true
large business-
es rely on en-
terprise resource
planning
5. What is en- software to help coordinate the process
terprise resource
planning (ERP)?
6. what is the sourc- rely on strong relationships with suppliers, works with vendors to supply materials.
ing phase of
SCM?
7. When sourcing - prices paid to vendor = in line with the market
for SCM what is it - vendor has flexibility for emergencies
ensuring? - good record of delivering on time
8. what is the man- subtasks such as assembly, testing, inspection, packaging, must be mindful of
ufacturing phase waste
of SCM? IntroductionExams
serve as a fundamental tool in evaluating a
student's understanding of a subject,
particularly in fields as diverse as business,
law, and mathematics. These disciplines
1/8
, 9. what is the de- robust logistic capabilities and delivery channels
livery phase of
SCM?
10. what is the re- - returns process is often called reverse logistics
turns phase of - ensures correctly responded return, either product recall or customer refund
SCM? - provides feedback
11. What are the -continuous flow model
different types -agile model, fast model
of supply chain -flexible model
models? -eflcient model
-custom model
12. what is a continu- relies on a manufacturer producing the same good over and over again, expecting
ous flow model customer demand variation, more traditional
13. Agile Model - prioritizes flexibility, may have a specific need, and has to be prepared to pivot
accordingly
- works best for companies with unpredictable demand/custom-ordered products
14. Fast Model emphasizes quick turn over with short life cycle
15. flexible model - works best for companies attected seasonly like halloween candy
- ensures the product can be ramped up and slowed down quickly
16. efficient model works with tight profit margins, comes up with ideas to utilize equipment, machin-
ery, etc
17. Custom Model for highly specialized industries with technical requirements (like manufacturing a
car)
18. helps control planning processes related to demand IntroductionExams serve as a fundamental tool in
evaluating a student's understanding of a subject, particularly in fields as diverse as business, law, and mathematics. These disciplines
2/8
