SCMN 2150 Test 1 Exam
Questions with 100% Scores
what is scm - -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? - -suppliers, manufacturers,
distributors, retailers, consumers
- Who is the most important participant in
the supply chain? - -the consumer
- What does SCM involve? - -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 - -amazon, nike, walmart
- Supply chain management is important because - -...develop
collaborative, trusting relationships ...improve customer satisfaction
...rationalize product touch points
...drive out costs and achieve efficiencies
- Why is SCM important to customers? - --Product Availability
-Fulfillment Accuracy
- Why is SCM important to companies? - -SCM help companies outpace the
competition by managing their materials,
product, and information flows
- What do these CEOs have in common? - -they are former scm execs
- node - -A fixed point in a supply chain where valued added processes take
place. Goods are processed, transformed, mixed, held, or sold here
- link - -The transportation method used to connect the nodes (plants,
warehouses, stores) in a supply chain.
- centralized - -National
Lower investment
Lower level Lower cost Higher cost Effective
- decentralized - -Regional
, Greater investment
Higher level Higher cost Lower cost Highly effective
- network fulfillment options - -Direct delivery, cross dock, and distribution
center
- network design characteristics - -centralized or decentralized
- direct delivery - -supplier to store,
- no inventory idled
- quicker delivery
- lowest handling costs
- cross dock - -cross docks
suppliers to dock, dock to truck. preorganized
- moderate inventory held at store
- low handling costs
- low facility costs
- distribution center - -items held in inventory at middle warehouse
- high inventory held at warehouse
- high handling costs
- high facility investment
- newspaper - -direct delivery
- dog food or tents - -distribution center
- chicken - -cross dock
- What is the network design process? - -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 - -lower overall inventory
- handling cost are the highest for the following network fulfillment method -
-distribution center
- auburn has an RFID lab that work on Supply chain solutions like product
tracking and visibility - -true
- Short-range planning - -Job assignments
Ordering
Job scheduling Dispatching
Questions with 100% Scores
what is scm - -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? - -suppliers, manufacturers,
distributors, retailers, consumers
- Who is the most important participant in
the supply chain? - -the consumer
- What does SCM involve? - -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 - -amazon, nike, walmart
- Supply chain management is important because - -...develop
collaborative, trusting relationships ...improve customer satisfaction
...rationalize product touch points
...drive out costs and achieve efficiencies
- Why is SCM important to customers? - --Product Availability
-Fulfillment Accuracy
- Why is SCM important to companies? - -SCM help companies outpace the
competition by managing their materials,
product, and information flows
- What do these CEOs have in common? - -they are former scm execs
- node - -A fixed point in a supply chain where valued added processes take
place. Goods are processed, transformed, mixed, held, or sold here
- link - -The transportation method used to connect the nodes (plants,
warehouses, stores) in a supply chain.
- centralized - -National
Lower investment
Lower level Lower cost Higher cost Effective
- decentralized - -Regional
, Greater investment
Higher level Higher cost Lower cost Highly effective
- network fulfillment options - -Direct delivery, cross dock, and distribution
center
- network design characteristics - -centralized or decentralized
- direct delivery - -supplier to store,
- no inventory idled
- quicker delivery
- lowest handling costs
- cross dock - -cross docks
suppliers to dock, dock to truck. preorganized
- moderate inventory held at store
- low handling costs
- low facility costs
- distribution center - -items held in inventory at middle warehouse
- high inventory held at warehouse
- high handling costs
- high facility investment
- newspaper - -direct delivery
- dog food or tents - -distribution center
- chicken - -cross dock
- What is the network design process? - -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 - -lower overall inventory
- handling cost are the highest for the following network fulfillment method -
-distribution center
- auburn has an RFID lab that work on Supply chain solutions like product
tracking and visibility - -true
- Short-range planning - -Job assignments
Ordering
Job scheduling Dispatching
