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Terms in this set (35)An underperforming supply chain is defined as one that exhibits poor service, unproductive assets, or____ high variable operating costs The supply chain management concept originated in what discipline? logistics What concept can be viewed as a combination of processes, functions, activities, relationships, and pathways along which products, services, information, and financial transactions move in and between enterprises from original producer to ultimate end user or consumer? supply chain Although nearly any organization can be apart of a supply chain, supply chain management requires_____ companies to adopt an enterprise-to-enterprise point of view The two most prominent supply chain management process frameworks are the Supply Chain Operations Reference (SCOR) Model and the ______ Global Supply Chain Forum (GSCF) Model Which organizational function is not a focus of the Supply Chain Operations Reference (SCOR) Model? Marketing logistics, Which of the following is not one of the processes in the Supply Chain Operations Reference (SCOR) Model all of the above are processes in the SCOR Model source, The current Global Supply Chain Forum (GSCF) model identifies____key processes associated with the supply chain management. 8 Contemporary supply chains are increasingly required to be fast and____ agile An organization's ability to respond to changes in demand with respect to volume and variety refers to_____ agility Which of the following is not a potential outcome from a supply chain's failure to be fast and agile? all of the following are potential outcomes. dissatisfied customers, What is a perfect order? simultaneous achievement of relevant customer metrics _____ refers to focusing part of one's supply chain on a timely response to fluctuating customer orders and/or product variety and another part of supply chain on leveling out the planning requirements to smooth production output leagility What concept refers to the variability in demand orders among supply chain participants? the bullwhip effect Which of the following is not a way to reduce inventory levels? supply-push replenishment smaller,more frequent orders, Which of the following is not an attribute of relational exchanges? all of the above are attributes of relational exchanges trust, Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of: supply chain collaboration Supply chain collaboration can be classified as transactional, strategic, or_____ in nature
tactical information sharing _____collaborations offer the best opportunity for improving supply chain performance strategic Tailored business relationships between two supply chain members refer to: Supply chain partnership Which of the following are not an attribute of supply chain partnerships? all of the following are attributes of supply chain partnerships. mutual trust, According to the text, ___has been at the center of the changes taking place that affect the supply chain technology Two key factors,____ and_____ have sparked much of the technological change affecting supply chains. computer power, internet The general idea behind____ is that one company allows a specialist company to provide it with one or more logistics functions third-party logistics Which of the following statements is true? A common cause of third-party logistics failure is unreasonable and unrealistic expectations What is a fourth-party logistics provider? a company that ensures that various third-party logistics companies are working toward the relevant supply chain goals and objectives. Which of the following are false? senior management commitment to supply chain management occurs in one of every two oranizations ____combines technology with manual employee effort to identify trends, perform comparisons, and highlight opportunities in supply chain processes, even when large amounts of data are involved supply chain analytics In a ____ approach, all relevant software applications are provided by a single vendor single integrator Which of the following is not a barrier to supply chain management? all of the above are barriers regulatory and political considerations, _____refers to "how we do things here" and reflects an organization's vision, values, and strategic plans. corporate culture Which of the following is not a routine occurrence in global supply chains? all of the above are routine occurrences. documentation errors, Which of the following is not a name/term for a long-term mutually beneficial supply chain agreement coopetition partnerships, Which concept refers to where one organization owns multiple participants in the supply chain? vertical integration There are three primary methods that organizations can pursue when attempting to integrate their supply chains. Which of the following is not one of them? intensive distribution informal agreements, Sets with similar termsPOM 450 hw 515 terms bnicolea13 Logistics Chapter 5 Key Terms15 terms slingsbyem Chapter 1451 terms nwidmer1 Chapter 5 - Supply Chain Management Concept17 terms melchenn12 Sets found in the same folderintro to logistics chapter 235 terms nick_brohammer intro to logistics chapter 332 terms nick_brohammer Supply Chain- ch. 739 terms cadelman19jcu Chapter 7 - TB31 terms svyatoslav_epifanov2 Other sets by this creatorintro to logistics chapter 435 terms nick_brohammer intro to logistics chapter 135 terms nick_brohammer Other Quizlet setsBA331 Quiz 1 study questions25 terms TJolley144 BUAD 331 Final Exam126 terms austin_jackson77 Test 148 terms cewhit24 Chapter 1-3 Study Guide Supply Chain16 terms Adam_Beckett Related questionsQUESTION According to the Episode 8 reading, the primary sector for spare parts logistics is the pharmaceutical industry. (T/F) 4 answers QUESTION are organized around particular types of general-purpose equipment that are flexible and capable of customizing work for individual customers. 9 answers QUESTION According to the textbook, what should be the foundation of performance management? 3 answers QUESTION Which statement is true about organic organizations? 10 answers What are the 4 major components of SCOR model?The SCOR framework was designed to help streamline the language used to describe supply chain management, categorizing it into four processes: plan, source, make, and deliver — the return and enable steps were added later.
Which process is not included in the Supply Chain Operations Reference Model?With the exception of sourcing engineer-to-order goods or services, all supplier identification, qualification and contract negotiation processes are not included in the Source process elements.
What are the five SCOR functions?This framework focuses on five areas of the supply chain: plan, source, make, deliver, and return.
What is the SCOR model in supply chain management?The SCOR model divides the supply chain into ideal business processes and process categories. This standardized structure enables a cross-company analysis of all information, financial, and product flows within the value chain.
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