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