Quiz Questions On Supply Chain Management - 1170 Words

Quiz 1 Supply chain management Supply chain management: It is defined as effective control of flow of material, information and finance in a network consisting of suppliers, manufacturers, distributors and customers. Schematic representation: Effective functioning of supply chain requires †¢ Coordination: proper coordination should exist in supply chain to meet the demands of the customers at right time, right place with right quality †¢ Collaboration: there should be proper collaboration between parties so that whole supply chain can benefit. †¢ Information sharing: There should be information sharing between vendors and buyers about specifications, costs and time limits By understanding the demand side and supply side uncertainties and creating a value to the customers, supply chain can gain profitability. Demand side uncertainties: low-functional product; high-innovative product Supply side uncertainties: low-stable process; high: evolving process †¢ Efficient supply chain: by enhancing the capacity utilization in production and distribution operations, one can aim for increased productivity †¢ Risk Hedging supply chains: In this type, profitability can be achieved by using inventory pooling and developing multiple supply bases †¢ Responsive supply chains: Focus is on responsive and flexible supply chain based on postponement and build to order strategies. †¢ Agile supply chain: Decoupling is practiced as a means of pooling inventory and capacity resources. Supply chain isShow MoreRelatedMgt 496 – Strategic Warehouse Management /Complete Class1652 Words   |  7 PagesStrategic Warehouse Management /Complete Class Click Link Below To Buy: http://hwaid.com/shop/strategic-warehouse-management/          MGT 496 Week 1 DQ 1 Value Chain MGT 496 Week 1 DQ 2 Demand Methodology MGT 496 Week 1 Quiz MGT 496 Week 2 DQ 1 The Yogurt Company and Security MGT 496 Week 2 DQ 2 Live Racking at B.M.W MGT 496 Week 2 Quiz MGT 496 Week 3 DQ 1 System Implementation MGT 496 Week 3 DQ 2 Occupational Safety Health Administration (O.S.H.A.) MGT 496 Week 3 Quiz MGT 496 WeekRead MoreSP15 SCM 305 Syllabus1256 Words   |  6 Pageseconomics, operations research, and operations management. We will apply these tools and principles to problems in financial management, marketing, operations, supply chain management, and quality management. We will also look at risk management in decision making and ethics in decision making. Required Class Materials: 1. Text Book – Schaum’s Outline; Operations Management – Decision Making in Business 2. Decision Making in Operations Management, Walden, 2014 3. Class lecture notes and slidesRead MoreProcurement: Purchasing Management Association1205 Words   |  5 PagesIntroduction to Procurement Introduction  to  Procurement     Quiz  #  1   True/False  (1  mark  per  question)   1.   Competition  today  is  no  longer  between  firms;  it  is  between  the  supply  chains  of  those  firms.   True  Ã‚   False   2.   There  is  a  definitive  and  prescriptive  set  of  supply  chain  measures  that  applies  to  all  supply  chains.   True   False  Ã‚   3.   The  knowledge  and  skills  demanded  of  today’s  supply  professional  is  the  same  as  before.   True  Ã‚   False   4.   The  key  to  the  success  of  any  company  is  the  quality  of  its  employeesRead MoreBus 430 Complete Course Bus430 Complete Course Essay6850 Words   |  28 Pagesservice management skills at Zappos. Evaluate the different way(s) that Zappos creates a superior customer service. * Choose at least two OM activities in Exhibit 1.1 from Chapter 1 of the text. Evaluate how each of the activities impacts the management of goods and services that Zappos provides. Include one to two examples from each activity to support your position BUS 430 Week 1 Discussion 2 Value Chains Please respond to the following: * Choose an example of a global value chain andRead Moresyllabus1129 Words   |  5 Pagesï » ¿Northeastern University TSMG 5340 - Telecommunications Public Policy and Business Management Thursday 6:00PM –9:30PM Forsyth Building Rm 237 Fall 2014 9/4th –12/11th Instructor Dick Lush Email -r.lush@neu.edu or dick.lush@gmail.com , phone -508-695-6034 If Class is cancelled – see announcement Course Material Course Pack at Harvard Business Publishing- https://cb.hbsp.harvard.edu/cbmp/access/2808663 See detailed instructions under Course Material TAB. There are Read MoreStrayer University: Week 3 Business Quiz 2 Chapter 3 Questions2206 Words   |  9 Pagesï » ¿BUS 365 WK 3 Quiz 2 Chapter 3 Purchase this tutorial here: http://xondow.com/BUS-365-WK-3-Quiz-2-Chapter-3-BUS3652.htm Multiple Choice 1. __________ consists of powerful software tools to discover and extract knowledge from text documents. a) Document mining b) Master data management c) Knowledge mining d) Text mining 2. What is the goal of data management? a) To store data and documents in multiple locations to insure that they are accessible to everyone on demand. b) To capture financialRead MoreStudy Guide2309 Words   |  10 PagesMGT 443 FIRST EXAM STUDY GUIDE Chapter 1 QUIZ 1) Which of the following is NOT one of the processes included in operations management? o Finance 2) Structural operations management decisions include: o Capacity, facilities, and technology 3) Physical goods can be differentiated from services in the operations management process by: o Longer lead times and they can be inventoried 4) Which of the following functions would not have to think about â€Å"processes†Read More My Classroom Management Plan Essay1383 Words   |  6 PagesMany of us tend to equate classroom management with discipline (and for that matter, to equate discipline with punishment, but thats another story). I see classroom management as the processes and procedures that are in place to mitigate the need for punishment, leaving discipline to cleave to its roots of to follow. Anything else is not classroom management. It’s damage control. Classroom management starts, for me, with very clear expectations, and firmly established procedures.  I begin theRead MoreMarketing: Study Questions6268 Words   |  26 PagesModule 1 Study Quiz 1. Marketing is: a) About invention of new markets, new products and new services b) About the invention of new ways of distributing and reaching customers c) About researching, finding, understanding and making new markets d) About creating and changing market processes that change markets e) All of the above 2. A responsibility of marketers is to sell new products and ideas to decision-makers in their organization. a) Yes b) No 3. The focus of companies needs to be on winning:Read MoreMgmt 303 Wk2 Quiz797 Words   |  4 PagesManagement 303 – Week 2 Quiz Cindy Abbott DeVry University 1.  (TCO 2) List at least FOUR sources you will use to obtain information about the firm’s strengths, weaknesses, opportunities, and threats. Discuss what categories of the SWOT elements of information are readily available on the Internet. What categories of data are difficult or impossible to find on the Internet? (When using the Internet, be sure to provide specific websites or URLs.) NOTE: You cannot use Wikipedia or another type