SCMN 2150 Final Exam with 100% with
Verified Solutions
supply chain technology goals - correct Answer-1. automated decision making
2. exception management
3. cross-chain visibility
4. planning and execution infrastructure
***underneath have:
- scorecards & dashboards
- automated data collection
- data synchronization
- supply chain expertise
then
- synchronized tools (technology), standard methods (process), relevant skills (people)
SCM Software - correct Answer-- enterprise resource planning application
- supplier relationship management
- customer relationship management
- decision support systems
- supply chain planning
- supply chain execution
- event management and visibility
- business intelligence
enterprise resource planning (ERP) - correct Answer-business management software,
usually a suite of integrated applications, that a company can use to collect, store,
manage and interpret data from many business activities
transport management system (TMS) - correct Answer-functional reference model and
domains
- organizes strategic (at top), tactical (second), and operations (on bottom)
**operations organized into sub categories: planning, execution, vehicle, finance
critical capabilities of supply chain technology - correct Answer-requirements of
technology (all supply chain information):
,- accurate
- timely
- portable
- reliable
- relevant
- accessible
- portable
how much money is spend on supply chain software? - correct Answer-$10 billion
what type of software facilities does the day-to-day operations of a distribution center or
factory use? - correct Answer-execution software
planning software - correct Answer-software used for project planning, scheduling,
resource allocation and change management and allows project managers (PMs),
stakeholders and users to control costs and manage budgeting, quality management
and documentation
execution software - correct Answer-helps obtain materials and manage physical flows
from suppliers through downstream distribution to ensure that customers receive the
right products at the right location, time, and cost
analytics software - correct Answer-software that utilizes a firms data to help managers
who are not computer experts make decisions
business intelligence software - correct Answer-software that analyzes data from
multiple sources and extracts useful insights, patterns, and relationships that might be
significant
supply chain technology = software? - correct Answer-false
SCM technology innovation is more than software
***ex. Symbotic company created robots to use in warehouse to replace human jobs,
FedEx's super hub
what activity is creating new demand for RFID technology? - correct Answer-- store
fulfillment of online orders
- tracking and delivery of construction materials
- hospital patient identification
- amusement park ticketing
(ALL ARE CORRECT)
RFID (radio frequency identification) - correct Answer-uses electronic tags and labels to
identify objects wirelessly over short distances
, what will be the next big innovation in SCM? - correct Answer-- driverless trucks
- drone delivery
- in-home 3D printing
- teleportation
(ALL ARE CORRECT)
emerging innovations in SCM technology - correct Answer-- driverless vehicles
- next generation trucks
- google glasses in warehouse
- on demand labor
- 3D printing
global operations (1) - correct Answer-the design and management of a supply chain
that controls the flow of materials, money, and information into, through, and out of the
firm across national borders to achieve corporate objectives at a minimum total cost
***better, faster, cheaper on a global scale***
global SCM involves multiple participants - correct Answer-example:
Best Buy (US) tells Toshiba (China) how many DVDs they need, crank up production
and Zoran (US) provides chips for DVDs to be assembled in Taiwan
global SCM has multiple processes with cross-border flows - correct Answer-example:
have local transportation, foreign supplier, origin warehouse, customs clearance,
shipment, storage, order processing, distribution
global SCM has shipments at great volumes - correct Answer-Drewry Maritime Equity
Research predicts that the global container trade will increase by 5.7% in 2014,
reaching 684 million TEU
twenty foot equivalent unit (TEU) - correct Answer-a unit of measurement equal to the
space occupied by a standard twenty foot container
***used in stating the capacity of container vessel or storage area
global SCM has many ricks - correct Answer-- freight loss
- exchange rate
- quality
- congestion
- transport cost
- visibility
Verified Solutions
supply chain technology goals - correct Answer-1. automated decision making
2. exception management
3. cross-chain visibility
4. planning and execution infrastructure
***underneath have:
- scorecards & dashboards
- automated data collection
- data synchronization
- supply chain expertise
then
- synchronized tools (technology), standard methods (process), relevant skills (people)
SCM Software - correct Answer-- enterprise resource planning application
- supplier relationship management
- customer relationship management
- decision support systems
- supply chain planning
- supply chain execution
- event management and visibility
- business intelligence
enterprise resource planning (ERP) - correct Answer-business management software,
usually a suite of integrated applications, that a company can use to collect, store,
manage and interpret data from many business activities
transport management system (TMS) - correct Answer-functional reference model and
domains
- organizes strategic (at top), tactical (second), and operations (on bottom)
**operations organized into sub categories: planning, execution, vehicle, finance
critical capabilities of supply chain technology - correct Answer-requirements of
technology (all supply chain information):
,- accurate
- timely
- portable
- reliable
- relevant
- accessible
- portable
how much money is spend on supply chain software? - correct Answer-$10 billion
what type of software facilities does the day-to-day operations of a distribution center or
factory use? - correct Answer-execution software
planning software - correct Answer-software used for project planning, scheduling,
resource allocation and change management and allows project managers (PMs),
stakeholders and users to control costs and manage budgeting, quality management
and documentation
execution software - correct Answer-helps obtain materials and manage physical flows
from suppliers through downstream distribution to ensure that customers receive the
right products at the right location, time, and cost
analytics software - correct Answer-software that utilizes a firms data to help managers
who are not computer experts make decisions
business intelligence software - correct Answer-software that analyzes data from
multiple sources and extracts useful insights, patterns, and relationships that might be
significant
supply chain technology = software? - correct Answer-false
SCM technology innovation is more than software
***ex. Symbotic company created robots to use in warehouse to replace human jobs,
FedEx's super hub
what activity is creating new demand for RFID technology? - correct Answer-- store
fulfillment of online orders
- tracking and delivery of construction materials
- hospital patient identification
- amusement park ticketing
(ALL ARE CORRECT)
RFID (radio frequency identification) - correct Answer-uses electronic tags and labels to
identify objects wirelessly over short distances
, what will be the next big innovation in SCM? - correct Answer-- driverless trucks
- drone delivery
- in-home 3D printing
- teleportation
(ALL ARE CORRECT)
emerging innovations in SCM technology - correct Answer-- driverless vehicles
- next generation trucks
- google glasses in warehouse
- on demand labor
- 3D printing
global operations (1) - correct Answer-the design and management of a supply chain
that controls the flow of materials, money, and information into, through, and out of the
firm across national borders to achieve corporate objectives at a minimum total cost
***better, faster, cheaper on a global scale***
global SCM involves multiple participants - correct Answer-example:
Best Buy (US) tells Toshiba (China) how many DVDs they need, crank up production
and Zoran (US) provides chips for DVDs to be assembled in Taiwan
global SCM has multiple processes with cross-border flows - correct Answer-example:
have local transportation, foreign supplier, origin warehouse, customs clearance,
shipment, storage, order processing, distribution
global SCM has shipments at great volumes - correct Answer-Drewry Maritime Equity
Research predicts that the global container trade will increase by 5.7% in 2014,
reaching 684 million TEU
twenty foot equivalent unit (TEU) - correct Answer-a unit of measurement equal to the
space occupied by a standard twenty foot container
***used in stating the capacity of container vessel or storage area
global SCM has many ricks - correct Answer-- freight loss
- exchange rate
- quality
- congestion
- transport cost
- visibility
