SCM 4390 Midterm

BRI has attracted criticism for lacking

Accountability Transparency

Supplier, and materials, selection criteria should not include elements of environmental impact.

False

________ sourcing is responsible for geographically dispersed network

Low Cost

In the TFC simulation, Fressie orange PET has _____ number per pallet layer.

288

In TFC simulation, how many pallets in 1 FTL

30

In the TFC simulation, what is the capacity of a tank truck?

30,000 litres

The tank truck capacity in TFC is

30000 litres

What is the operator cost per annum in TFC?

40000 Euro

What is the typical net zero-carbon target gap that executives will see after executing all no-regret decarbonization levers?

50% - 70%

In TFC simulation, what's the default number of pallet locations in the raw material warehouse?

600

Configuration and downstream should be considered under

Agile Supply Chain

Rather than low cost, which concept is advocated as a core competency for manufacturers in the article "Outlook 2022: Overcoming supply chain Bottlenecks".

Agility

Which of the following helped H&M, Mango and ZARA to become Europe's most profitable apparel brand?

Agility

Seven-Eleven Japan (SEJ) is an example of a company that builds its supply chain on, _____ stays ahead of its rivals.

Agility Adaptability Alignment

To achieve sustainable competitive advantage, supply chain needs the following

Agility Adaptability Alignment

Which of the following tools helps in improving decision making

Artificial Intelligence Machine Learning

Which two trends are foundational to integrating people, processes and systems in a wide array of operational environments?

Artificial intelligence Machine Learning

Which of the following factors should be considered while updating the supplier network?

Assessments of business relationships with all current suppliers List of potential alternatives Business analysis of the most critical suppliers based on SKU's Plan of action listing in case of any disruption

During demand variability customer move to opportunistic approach by looking for product with: -

Best Price

How can full traceability across value chain from farm to factory, to transportation and distribution to final delivery be traced?

Block Chain

Agility is founded on

Capable processes strong culture of teamwork and collaboration High involvement problem solving bottom up decision making

Visibility helps in achieving the following:

Capture new market Customer satisfaction Transformation

Which organizational structure is best suited for "Operational Excellence"?

Centralization

Supply Chain decisions affect company structure in terms of:

Centralization Employee autonomy

For reshaping the supply chain around customer needs, which of the following are important factors?

Company's operating model Infrastructure Digital ecosystem

Supply and demand stability is the main feature of?

Continuous Supply Chain

A measurement of utilization of the total storage capacity of a warehouse or storage facility is termed as

Cube Utilization

The agreed percentage of the number of units that will be delivered on or before the promised time is termed as,

Delivery Reliability

Key strategies to keep a supply chain resilient include?

Diversification of suppliers, production capabilities Nontraditional partnerships Diversification of transportation processes Finding alternative materials

Which of the processes or strategies mentioned below reduces transit time and energy consumption (select all correct options)

Drop Shipping Cross decking Direct to customer shipping

What is affecting warehouse getting jampacked and demands for new approach in supply chain by organization?

E-commerce Omnichannel Fulfillment

On what companies rely on entirely to fulfill demand from segments that cannot be handled effectively on its own?

Ecosystem Partners

Scope 2 emission are functions of (select all correct options)

Electricity Heat & Cooling

Main phases of progressing toward net zero includes:

Establishing a baseline Defining a pathway Overseeing implementation and tracking

"One supply chain fits all." Is this statement correct?

False

Accurate, up-to-date visibility into current inventory which includes both finished and unfinished goods is not important to respond properly to unexpected disruption to a supply chain

False

Agile supply chains are those that do not react quickly to changes, delays, and unexpected events to meet customer expectations, outpace the competition and drive growth.

False

Automation of a bad process, using technology, makes it efficient and changes to a good process.

False

Creating a plan and filling it away may lead to true sense of security

False

Demand variation or demand profile, does not influence the stability and consistency of manufacturing assets.

False

In the TFC simulation, a contract index of 0.95 means that you will pay a premium of 5% over and above the basic price.

False

In the TFC simulation, does an increase in the flexible manpower in the finished goods warehouse decrease the production cost.

False

Lack of alignment causes failure of supply chain practices

False

Product leadership is best displayed by which supply chains?

Fast, continuous portfolio renewal Long development, rapid deployment

When there is disruption in supply, maintaining solid relationship with partners earn you?

Flexibility

Which type of product with long life cycles and relatively small demand variability require cost efficient supply chain that can be offshored.

Functional Product

Company's drive for decarbonization and sustainability can become a magnet for

High-performing talent

When the delivery reliability of a supplier is lower than expected, it can cause. (select correct options)

Increase in overhead costs Increase in handling costs

What will be the new technology evolution in Supply Chain world?

Industry 5.0

Companies bringing up new products and services into the market and continually attracting the customer is which characteristics

Innovative

The main purpose behind article 3 is?

Linking strategy and supply chain

Ikea, Amazon, Walmart, etc. supply chains are __________ dominant.

Logistics & procurement

Which of the following Digital Technology platforms help support a tailored supply chain?

Network Optimization Analytics Artificial Intelligence Machine learning

Within Industry Framework, which of the following drivers does not affect the supply chain design? a. Demand variation b. Relevance of the cost of assets c. Market meditation costs d. Product lifecycle e. None of the options are correct

None of the options are correct

Inbound order lines indicate?

Number of order lines received

Measure for the level of availability of finished product on the retailer shelf is referred to as?

On Shelf Availability

Companies typically try to grow their revenues, cut their costs, and reduce their Scope 1 and 2 emissions by ________ their own operations.

Optimizing

What are the type of flavor's TFC offers?

Orange Orange C-Power Orange/Mango

In the TFC simulation, packaging is delivered in which trade unit?

Pallet

Machine learning and artificial intelligence play a key role in providing (

Personalized last mile delivery Direct- to consumer offering

Clock-speed refers to the speed of an industry at which it introduces new?

Processes and organizational structures Products Government and regulatory processes Manufacturing operations for repair and maintenance

A new product fits into which of the category

Product Leadership

Developing and application of new ideas fall into which of the below category?

Product Leadership

The way supply chains are managed strongly affects an organizations competitiveness in areas such as:

Product cost Working capital requirements Speed of market Service perception

Real-time demand data can be used to determine transhipment decisions of?

Raw-material Work-in progress Finished Product

Resilience measures a company's ability to quickly _____________, ___________ to and _____________ from a disruption to your supplier network.

Recognize, react , recover

Supply chain resilience refers to the ability of a given supply chain to? (select the incorrect option)

Recover slowly from its disruption state to a more desirable state

Fundamental objective in any lean program is the need to?

Reduce Waste

Which of the following is not included in the basic Supply Chain Carbon Footprint/Environmental Impact Reduction strategy.(select incorrect option)

Research and Development

A resilient supply chain requires two critical capacities: the capacity for ___________ and the capacity for ___________.

Resistance, recovery

Which major factors affect ROI?

Revenue Cost Investments

Every disruption is different and presents a unique set of ________

Risks

Companies align their partners' interests with their own is by redefining the terms of their relationships so that firms share which of the following?

Risks Cost Rewards

Companies can align their partners interests with their own by redefining the terms of their relationships so that firms can share?

Risks Costs Rewards equitably

Emission calculations are usually based on: (select correct options)

Rough activity data Standard (meaning average) emission factors

Management should focus on promoting continuous renewal which is supported by three main capabilities:

Short time from idea to market End-to-end efficiency to ensure affordable costs for customers Maximum levels of forecast accuracy in order to reduce market mediation cost

Internal processes, provides an orientation that ensure a proper connection and combination within the supply chain activities that fall under the categories of

Source, make and deliver

Building an adaptable supply chain requires the following key components

Spot new trends Capability to change supply networks

Dell company falls under which category:

Stable Demand, Volatile Supply

Which of the following are Supply chain Nodes?

Supplier and Company Manufacturing facilities Warehouses and Distribution centres Retail Outlets Return and Repair operations Consolidation points

The ability of supply chain to detect, respond and recover from changed condition refers to________

Supply Chain Resilience

11. Complete the sentence, "Greater the length of a supply chain, _________________".

The higher the risk of supply chain disruption

When is minimum order size policy of full truck load recommended?

Transportation cost is high

Within the industry framework, there are four main drivers affecting supply chain design, please identify all incorrect choices below.

Transportation time

A well-informed sales force can communicate an organization's low-carbon value proposition effectively to customers.

True

According to the article, ' Supply Chain Resilience: How to Future-Proof Your Supplier Network' third-party logistics (3PL) providers are an expensive but fast and relatively simple solution in creating a contingency plan for warehousing.

True

Commercial supply chains must learn from military logistics how to best deliver vaccines in the event of a future pandemic

True

Companies that adapt supply chains when they modify strategies often succeed in launching new products or breaking into new markets.

True

Customers can program the company's integrated circuits via the Internet for different applications after purchasing the basic product.

True

Demand planning: having clear picture regarding raw material and finished products.

True

Diffusion of best practices should not be limited from the private to public sector.

True

Digital assistants and connected household device help customer place order, track orders, and coordinate returns from any location

True

Efficient supply chains often become uncompetitive because they don't adapt to changes in the structures of markets.

True

Forging an alliance is a pivotal element in achieving sustainability and decarbonization

True

Gross Margin is the difference between revenue and cost of good.

True

In the TFC simulation, large delivery windows will require more safety stock to provide the same availability of components.

True

In the TFC simulation, purchase value includes price of components including transport costs.

True

Indirect expenses are counted as overhead cost.

True

Inventory management is a key piece of the supply chain puzzle

True

Longer supply chains are vulnerable to disruption by external shocks.

True

Managing carbon emissions in an extended value chain has become a strategic necessity for organizations

True

New information and manufacturing technologies provide great potential for improving resiliency and productivity in response to real-time demand analysis.

True

Process innovations, new technologies, and new alliances will all demand constant upskilling of staff.

True

Reliability of production relative to production plan is referred to as Production Plan Adherence

True

SMED stands for, "Single minute exchange of die"

True

Self-driving vehicles could be more energy efficient both in the management of speed and fuel consumption as well as following energy optimized routing algorithms.

True

Sourcing with distant suppliers may become the exception rather than a rule in the future.

True

Standardizing of raw material and limiting variety reduces sourcing complexity.

True

Stocks that are not delivered within its shelf life are called Obsolete.

True

Strategies such as Drop Shipping, Cross Docking, and Direct to Consumer Shipping all reduce transit times and energy consumption.

True

Successful digitizing supply chain requires large scale sensor implementation.

True

Supplier- side redundancy is a crucial element of supply chain resilience.

True

Supply Chains need to be able to quickly detect, respond to, and recover from changed conditions.

True

The increase in customer expectations is driving the development of the business-to-business(B2B) e-commerce market.

True

The supply chain talent critical to support ongoing industry advances, solutions and frameworks

True

Wearable devices transmit data indicating customer usage, location, and frequency.

True

Four key characteristics that make up a customer-centric supply chain?

Trustworthy relations Agile Operations Focus on innovation Tailored Fulfillment

According to the article "10 Supply Chain Trends to Watch for in 2022", digital supply chains will continue to be essential elements of which of the following trends?

Visibility Resilience Agility

Supply chain mapping provides visibility of ______

a. The supplier's supplier