what are the requirements of technology? correct answers 1. accurate
2. timely
3. reliable
4. relevant
5. accessible
6. portable
How much $$$ is spent on supply chain software? correct answers 10 billion
What type of software facilitates the day-to-day operations of a distribution cent...
SCMN 2150 final || with Complete Solutions.
what are the requirements of technology? correct answers 1. accurate
2. timely
3. reliable
4. relevant
5. accessible
6. portable
How much $$$ is spent on supply chain software? correct answers 10 billion
What type of software facilitates the day-to-day operations of a distribution center or factory?
Planning software
Execution software
Analytics software
Business intelligence software correct answers execution software
What will be the next big innovation in SCM?
Driverless trucks
Drone delivery
In-home 3-D product printing
Teleportation correct answers drone delivery
What activity is creating new demand for RFID technology?
Store fulfillment of online orders
Tracking & delivery of construction materials
Hospital patient identification
Amusement park ticketing correct answers all the above
what are some emerging innovations in SCM technology? correct answers 1. driverless vehicles
2. next generation trucks
3. google glass in the warehouse
4. on demand labor
5. 3D printing
The "art" of managing the flow of materials and products, information, and financial resources
from source to user correct answers supply chain management
who are the 5 primary groups involved in supply chain? correct answers suppliers--
>manufacturers-->distributors-->retailers-->consumers
, T or F:SCM involves all the activities that take place to get a product in your hands - from the
time of raw materials extraction to the minute you pull out your credit card and take the final
product home correct answers true
why is SCM important to customers? correct answers 1. product availability
2. fulfillment accuracy
what are the 7 rights of fulfillment accuracy? correct answers 1. right product
2. right customer
3. right time
4. right place
5. right condition
6. right quantity
7. right cost
why is supply chain important to companies? correct answers SCM help companies outpace the
competition by managing their materials, product, and information flows (better, faster, and
cheaper)
what is the goal of SCM? correct answers increased value for shareholders and investors
A fixed point in a supply chain where valued added processes take place. Goods are processed,
transformed, mixed, held, or sold at nodes. correct answers node
the transportation method used to connect nodes (plants, warehouses, stores) in a supply chain
correct answers links
this network design is national distribution, lower inventory investment, lower safety stock,
lower inbound transportation cost, higher outbound transportation cost and effective service
levels correct answers centralized
this network design is regional distribution, greater inventory investment, higher level safety
stock, highly effective service levels correct answers decentralized
this network design has higher inbound transportation cost and lower outbound transportation
cost correct answers decentralized
point-to-point service correct answers direct delivery
product mixing service correct answers cross dock
storage fulfillment service correct answers distribution center
has no facility investments and minimal inventory but higher transportation cost correct answers
direct delivery
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