into to logistics chapter 5

The current Global Supply Chain Forum (GSCF) model identifies____key processes associated with the supply chain management.

8

Which organizational function is not a focus of the Supply Chain Operations Reference (SCOR) Model?

Marketing logistics, operations, procurement---good

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.

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 routine occurrence in global supply chains?

all of the above are routine occurrences. documentation errors, incomplete shipments, routing errors, packaging errors---good

Which of the following are not an attribute of supply chain partnerships?

all of the following are attributes of supply chain partnerships. mutual trust, increased willingness to share info, buying decisions based on value as opposed to cost or price, compatible goals---good

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, reduced profitability, decreased market share, lower stock price---good

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

Two key factors,____ and_____ have sparked much of the technological change affecting supply chains.

computer power, internet

_____refers to "how we do things here" and reflects an organization's vision, values, and strategic plans.

corporate culture

An underperforming supply chain is defined as one that exhibits poor service, unproductive assets, or____

high variable operating costs

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, formal contracts, vertical integration ---good

_____ 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

The supply chain management concept originated in what discipline?

logistics

Which of the following are false?

senior management commitment to supply chain management occurs in one of every two oranizations

What is a perfect order?

simultaneous achievement of relevant customer metrics

In a ____ approach, all relevant software applications are provided by a single vendor

single integrator

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

____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

Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition of:

supply chain collaboration

Which of the following is not a way to reduce inventory levels?

supply-push replenishment smaller,more frequent orders, use of premium transportation, elimination of slower-moving products---good

Supply chain collaboration can be classified as transactional, strategic, or_____ in nature

tactical information sharing

According to the text, ___has been at the center of the changes taking place that affect the supply chain

technology

What concept refers to the variability in demand orders among supply chain participants?

the bullwhip effect

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 concept refers to where one organization owns multiple participants in the supply chain?

vertical integration

Which of the following statements is true?

A common cause of third-party logistics failure is unreasonable and unrealistic expectations

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

Tailored business relationships between two supply chain members refer to:

Supply chain partnership

Which of the following is not an attribute of relational exchanges?

all of the above are attributes of relational exchanges trust, commitment, dependence, joint investment ----good

Which of the following is not a barrier to supply chain management?

all of the above are barriers regulatory and political considerations, lack of top management commitment, reluctant to share, or use, relevant data, incompatible corporate cultures---good

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, plan, make, enable---good

Which of the following is not a name/term for a long-term mutually beneficial supply chain agreement

coopetition partnerships, third-part arrangements, contract logistics---good

_____collaborations offer the best opportunity for improving supply chain performance

strategic