ch12 ecom

A communication standard for sharing business documents such as invoices refers to which of the following

EDI

Private industrial networks

Web-enabled networks for coordinating trans-organizational business processes (collaborative commerce, dominate B2B commerce,

supply chain management

attempt to coordinate and link the activities of suppliers, shippers, and order entry systems to automate the order entry process from start to finish

A set of production methods and tools that focuses on elimination of waste throughout the customer value chain, not just inventory, refers to which major trend in supply chain management?

lean production

Just-in-time production

method of inventory cost management that aims to keep excess inventory at a bare minimum.

Which of the following is the fastest growing form of B2B ecommerce

private industrial networks

Lean production

production methods and tools that focuses on elimination of waste throughout the customer value chain, not just inventory.

Accountable supply chains

reduce the risks caused by relying on single suppliers who are subject to local instability by creating regional- or product-based supply chains.

Adaptive supply chains

reduce the risks caused by relying on single suppliers who are subject to local instability by creating regional- or product-based supply chains.

Supply chain simplification

strategic group of suppliers to reduce product and administrative costs and improve quality.

Which of the following terms refers to the links that connect business firms with one another to coordinate production

supply chain

Highly centralized supply chains provide lower short-term costs, but higher, longer-term risk protection (t/f)

true

Lean production is an extension of just-in-time production methods (t/f)

true

Purchasing managers are the key players in the procurement process (t/f)

true

EDI

communications standard for sharing business documents such as invoices, purchase orders, shipping bills, product stocking numbers (SKUs), and settlement information among a small number of firms

supply chain

series of transactions that links firms who do business with each other

B2B e-commerce Web sites tend to serve horizontal markets (t/f)

true

Sustainable supply chains

working with a strategic group of suppliers to reduce product and administrative costs and improve quality.

In 2015, the total amount of B2B e-commerce in the US was

6.3 trillion