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SCMN 2150 TEST 1, SCMN 2150 TEST 2 AND SCMN 2150 TEST 3 STUDY SET 100% VERIFIED

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SCMN 2150 TEST 1, SCMN 2150 TEST 2 AND SCMN 2150 TEST 3 STUDY SET 100% VERIFIED...

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SCMN 2150
Course
SCMN 2150

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SCMN 2150 TEST 1, SCMN 2150 TEST 2 AND SCMN 2150
TEST 3 STUDY SET 100% VERIFIED


SCMN 2150 Test 1, SCMN 2150 Test 2 and SCMN 2150 Test 3



SCMN 2150 Test 1

what is scm - ANSWER The "art" of managing the flow of materials and products,
information, and financial resources from source to user.



Who's involved in the supply chain? - ANSWER suppliers, manufacturers,
distributors, retailers, consumers



Who is the most important participant in

the supply chain? - ANSWER the consumer



What does SCM involve? - ANSWER all the activities that take place to get a product
in your hands - from the time of raw materials extraction to the minute you pull out your
credit card and take the final product home.



three companys with good supply chains - ANSWER amazon, nike, walmart



Supply chain management is important because - ANSWER .develop collaborative,
trusting relationships .improve customer satisfaction

.rationalize product touch points

.drive out costs and achieve efficiencies



Why is SCM important to customers? - ANSWER -Product Availability

,-Fulfillment Accuracy



Why is SCM important to companies? - ANSWER SCM help companies outpace the
competition by managing their materials,

product, and information flows



What do these CEOs have in common? - ANSWER they are former scm execs



node - ANSWER A fixed point in a supply chain where valued added processes take
place. Goods are processed, transformed, mixed, held, or sold here



link - ANSWER The transportation method used to connect the nodes (plants,
warehouses, stores) in a supply chain.



centralized - ANSWER National

Lower investment

Lower level Lower cost Higher cost Effective



decentralized - ANSWER Regional

Greater investment

Higher level Higher cost Lower cost Highly effective



network fulfillment options - ANSWER Direct delivery, cross dock, and distribution
center



network design characteristics - ANSWER centralized or decentralized



direct delivery - ANSWER supplier to store,

- no inventory idled

,- quicker delivery

- lowest handling costs



cross dock - ANSWER cross docks

suppliers to dock, dock to truck. preorganized

- moderate inventory held at store

- low handling costs

- low facility costs



distribution center - ANSWER items held in inventory at middle warehouse

- high inventory held at warehouse

- high handling costs

- high facility investment



newspaper - ANSWER direct delivery



dog food or tents - ANSWER distribution center



chicken - ANSWER cross dock



What is the network design process? - ANSWER to set-up an optimal and easily
maintainable supply chain configuration and merchandise flows to enable the supply
chain to best support the business objectives.



Centralized Distribution has an advantage in - ANSWER lower overall inventory



handling cost are the highest for the following network fulfillment method - ANSWER
distribution center

, auburn has an RFID lab that work on Supply chain solutions like product tracking and
visibility - ANSWER true



Short-range planning - ANSWER Job assignments

Ordering

Job scheduling Dispatching



intermediate range plans - ANSWER Demand planning & forecasting

Sales & operations planning

Production planning & budgeting Setting employment, inventory,

subcontracting levels Analyzing operating plans



long range capacity - ANSWER R&D

New product plans

Capital expenses

Facility location, expansion Capacity planning



capacity - ANSWER the rate at which output can be produced by an operating unit -
machine, process, facility, company, restaurant, movie theater, airplane, etc.



design capacity - ANSWER Theoretical or maximum output rate or service capacity
an

operation, process, or facility is designed for (best operating level)



Effective capacity - ANSWER Logical or reasonable expectation of capacity use

• Design capacity minus typical allowances such as personal time, maintenance, and
scrap (normal operating level)

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