chapter 11
_________ are web sites where companies and suppliers conduct business-to-business activities:.
E-marketplaces.
In an attempt to minimize inventory levels companies frequently require their suppliers to use a(n) ___________ inventory management system.
On-demand
Which mode of transportation transports products in liquid form?
Pipeline & Ocean
Which of the following countries is not an important U.S. trading partner?
Russia
What a company does best is often referred as the firm's core
competencies.
Which of the following is not an obstacle to global supply chain management?
decreased delivery times
Benefits of e-procurement include all of the following except
fewer transactions
International trade specialists include all of the following except
finance brokers
Companies often outsource to
focus on core competencies, achieve greater flexibility, reduce costs (all the above)
Factors driving globalization of the supply chain include all of the following except
government intervention.
Partnerships require suppliers to provide
higher quality, prompt delivery, lower prices (all the above)
E-procurement is most often used for
indirect goods.
With vendor-managed inventory
manufacturers place orders.
The focus of distribution, what it accomplishes, is referred to as
order fulfillment
Long life, high capital cost and low operating costs are associated with which mode of transportation?
pipeline
Partnerships between customers and suppliers are beneficial because they
provide security and stability.
Distribution centers usually ship product to
retailers.
Distribution includes all of the following activities except
sourcing.
The selection of suppliers is called
sourcing.
The most common mode of transporting products is
trucking.
Landed cost includes
value added tax, duties, customs (all of the above)
Which of the following is not a feature of a warehouse management system?
vendor management.