1
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SCMN 2150 Questions and Answers (100%
Correct Answers) Already Graded A+
What is SCM and why is it important?—Ans: managing the flow of
information, products, and services across a network of customers,
enterprises, and suppliers
SCM is important to maintain and improve the efficiency of a
company
© 2025 Assignment Expert
Who are the key participants and the primary processes in a
supply chain?—Ans: - Suppliers
- Manufacturers
Guru01 - Stuvia
- Distributors
- Retailers
- Consumers (most important)
What are the goals of SCM?—Ans: helps companies outpace the
competition by managing their materials, product, and
information flows (better, faster, cheaper)
How can organizations build competitive advantage via SCM?—
Ans: Develop relationships, improve customer satisfaction,
rationalize product touch points, drive out costs and achieve
efficiencies
Understand the differences between: Centralized and
decentralized networks.—Ans: Centralized network :One factory
that distributes nationally
Decentralized network:
Many smaller factories all over the country
Compare and contrast: Direct distribution, cross docks, and
distribution centers.—Ans: Direct delivery - Package is delivered
directly from the warehouse to your house
, 2
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Cross Docks- Is made in a factory and put in a grocery store for
quick purchase and consumption
Distribution Centers- Warehouse makes the product and stores it in
a distribution center until it is purchased
the steps in a network configuration process.—Ans: 1. determine
problem and model
2. collect and validate data
3. develop and model scenarios
4. evaluate scenario results
5. take strategic action
© 2025 Assignment Expert
why companies spend so much time and effort on supply chain
planning—Ans: being proactive builds capabilities, capacity, and
control in advance of needs resulting in stabilized processes and
limited excess capacity & inventory
Guru01 - Stuvia
What is capacity planning and why do companies engage in
it?—Ans: -the process of establishing the output rate that can be
achieved
-it impacts their ability to meet demand, influences operating
costs, and affects competitiveness
What are the two major categories of forecasting and when they
are best used.—Ans: 1) qualitative methods - expert judgement;
best used for a new product with no past history
2) quantitative methods - numbers and technology; best used for
products with historical data
What is S&OP? Why are companies focusing on it and what are
they trying to accomplish?—Ans: a cross-functional planning
process that reconciles conflicting business plans, links strategic
planning and operational planning, and aligns company
resources to create and leverage a single plan; organized
common sense
What are the Benefits of S&OP?—Ans: 1) Greater visibility of supply
and demand
For Expert help and assignment solutions, +254707240657
SCMN 2150 Questions and Answers (100%
Correct Answers) Already Graded A+
What is SCM and why is it important?—Ans: managing the flow of
information, products, and services across a network of customers,
enterprises, and suppliers
SCM is important to maintain and improve the efficiency of a
company
© 2025 Assignment Expert
Who are the key participants and the primary processes in a
supply chain?—Ans: - Suppliers
- Manufacturers
Guru01 - Stuvia
- Distributors
- Retailers
- Consumers (most important)
What are the goals of SCM?—Ans: helps companies outpace the
competition by managing their materials, product, and
information flows (better, faster, cheaper)
How can organizations build competitive advantage via SCM?—
Ans: Develop relationships, improve customer satisfaction,
rationalize product touch points, drive out costs and achieve
efficiencies
Understand the differences between: Centralized and
decentralized networks.—Ans: Centralized network :One factory
that distributes nationally
Decentralized network:
Many smaller factories all over the country
Compare and contrast: Direct distribution, cross docks, and
distribution centers.—Ans: Direct delivery - Package is delivered
directly from the warehouse to your house
, 2
For Expert help and assignment solutions, +254707240657
Cross Docks- Is made in a factory and put in a grocery store for
quick purchase and consumption
Distribution Centers- Warehouse makes the product and stores it in
a distribution center until it is purchased
the steps in a network configuration process.—Ans: 1. determine
problem and model
2. collect and validate data
3. develop and model scenarios
4. evaluate scenario results
5. take strategic action
© 2025 Assignment Expert
why companies spend so much time and effort on supply chain
planning—Ans: being proactive builds capabilities, capacity, and
control in advance of needs resulting in stabilized processes and
limited excess capacity & inventory
Guru01 - Stuvia
What is capacity planning and why do companies engage in
it?—Ans: -the process of establishing the output rate that can be
achieved
-it impacts their ability to meet demand, influences operating
costs, and affects competitiveness
What are the two major categories of forecasting and when they
are best used.—Ans: 1) qualitative methods - expert judgement;
best used for a new product with no past history
2) quantitative methods - numbers and technology; best used for
products with historical data
What is S&OP? Why are companies focusing on it and what are
they trying to accomplish?—Ans: a cross-functional planning
process that reconciles conflicting business plans, links strategic
planning and operational planning, and aligns company
resources to create and leverage a single plan; organized
common sense
What are the Benefits of S&OP?—Ans: 1) Greater visibility of supply
and demand
