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OMGT 4753 Midterm Exam Questions with Complete Solutions
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OMGT 4753 Midterm Exam Questions with Complete Solutions
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OMGT 4753 Midterm Exam Questionswith Complete Solutions
3 major components of logistics model - Answer-competitive environment, strategy,
structure
competitive environment - Answer-demands made by the market such as:
-price, characteristics and features of the product
-location of customers
-economic and tech trends
logistics environment - Answer-the advantage a company may have w/ transport,
warehousing, etc.
strategy - Answer-how a business will achieve and maintain competitive advantage
-competitive priorities, competitive scope, geographic scope
structure - Answer-centralization and decentralization
-organizational-decisions relating to a division of tasks
-network-vertical, flexibility, integration, geographic dispersion
enterprise logistics integration - Answer-extent to which internal and external are
integrated
-external integration is across firm boundaries
-integration of logistics activities across functional departments within the firm
3 components effect on performance - Answer-greater performance=fit between
environment, strategy, structure and logistics capabilities
Drivers of supply chain redesign - Answer-1. changes in global trade patterns
2. changes in customer service requirements
3. shifts in customer/supply market locations
4. change in corporate ownership/merger acquisitions
5. corporate organizational change
6. cost pressures
7. competitive capabilities
SC Network design process - Answer-1. define process steps
2. perform audit
3. examine network alternatives
4. facility location and analysis
5. network decision making
6. develop and implement a plan
, global/national/regional determinants - Answer--Labor climate
-Transportation services and infrastructure
-Proximity to markets and customers
-Quality of life
-Taxes and industrial development incentives
-Supplier networks
-Land costs and utilities
-IT infrastructure
-Company preference
Site specific determinants - Answer--Transportation access (Truck, Air, Rail, Water)
-Inside/outside metropolitan area
-Availability of workforce and needed skill sets
-Land costs and taxes
-Utilities
current trends governing site selection - Answer--Strategic positioning of inventories
(fast-moving, profitable items vs. slower-moving, less-profitable items)
-Greater use of "Customer-direct" delivery from manufacturing
-Growing use of and need for strategically located cross-docking facilities
-Greater emphasis on access to major airports and/or ocean ports for import and export
shipments
-Greater use of providers of third-party-logistics services
omni channel retailing - Answer-A direct to consumer (D2C) business model where all
sales channels ranging from online, mobile, telephonic, mail order, self-service, and
physical retail establishments are aligned and fulfillment processes integrated to provide
consumers with a seamless shopping experience in alignment with the company's
brand proposition
goal of omni channel retailing - Answer-providing customers with a seamless shopping
experience
3 elements of omni channel retailing - Answer-1. strategy must align with the firms
2. fulfillment process must be integrated regardless of of order entry point
3. ease of shopping is a priority no matter where the order is placed
integrated fulfillment - Answer-Retailer maintains both a "bricks-and-mortar" and "clicks-
and-mortar" presence
operates one distribution network to service both channels
(office depot)
Dedicated Fulfillment - Answer-Retailer operates two separate distribution networks to
service their retail stores and online orders, respectively
(walmart)
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