SCMN 2150 EXAM 3 Questions With Complete Review Solution

SCMN 2150 EXAM 3 Questions With Complete Review Solution What are supply chain software goals? - ANS-auto decision making exception making cross-chain visibility infastructure Types of supply chain software - ANS-planning execution lab event management business intelligence information requirements - ANS-Accessible, Relevant, Accurate, Timely, Transferable, Relaible, Usable What is the most widely used supply chain software? - ANS-excel T/F Supply chain technology = software - ANS-FALSE What will be the next big SCM innovation? - ANS-auto vehicles electric semi-trucks 3D product printing blockchain printing Cloud Computing Examples - ANS-on-demand access, pay-as-you-go, 3rd party expertise, veracity (one version of truth) Three technologies that may change the way we capture and utilize supply chain data - ANS-- cloud computing - mobile technology - anlaytics Mobile Technology - ANS-enchance visibility, real-time, becoming inexpensive, apps Analytics - ANS-big data, volume, velocity, variety, veracity Supply Chain Solutions - ANS-support the forward-looking process of coordinating assets to optimize the delivery of goods, services and information from supplier to customer, balancing supply and demand. Supply-Chain Planning Software - ANS-sits on top of a transactional system to provide planning, what-if scenario analysis capabilities and real-time demand commitments, considering constraints. Which SCP support a company's efforts to design their supply chains, taking account of future alternative operating models and/or trade-offs between different configuration? - ANS-Configuration Which SCP creation and evaluation of optimal plans within the context of the company's current operating model. - ANS-Optimize Which SCP supports the ability to profitably respond to changes in any aspect of execution in a nearreal-time manner. - ANS-Respond What are the supply chain execution methods? - ANS-Manufacturing Execution Systems Order Management Systems Warehouse Management Systems Transportation Management Systems By building in ----, the system can offer suggestions that allow a decision-maker to implement the best alternative in terms of cost, time and customer service requirements - ANS-Workflow Rules The three levels BI and analytics cuts across - ANS-strategic decision making at the top of the organization, tactical in the middle and operational at the base BI and analytics cut across the tactical and --- level - ANS-operational Enterprise Resource Planning - ANS-software that allows an organization to use a system of integrated applications to manage the business and automate many back office functions related to technology, services and human resources. Supplier Relationship Management - ANS-- focuses on keeping suppliers satisfied by evaluating and categorizing suppliers for different projects - software enables businesses to manage the relationship between buyers and suppliers. Customer Relationship Management - ANS-- CONTINUES...