Buad 331 review questions - Study guides, Class notes & Summaries

How does Zara use its supply chain capabilities to generate competitive advantage? A. Stocking clothing far in advance of sales to ensure in-stock availability. B. Buying new seasonal clothing lines in bulk to take advantage of volume discounts from suppliers. C. Speeding cycle times of new fashions from design to store shelf to ensure the trendiest fashions. D. Cycling seasonal clothing trends using long-term predictions of demand to lower costs for customers. - ANSWERC Supply chain ma...

Which Economic utility is not a reason for students to buy textbooks from Amazon? - ANSWERForm Which of the following is NOT a characteristic of an efficient supply chain? Supply Predicable Demand Maximize performance and minimize cost Generate high turns to minimize inventory Select primarily for speed, flexibility, and quality Select primarily for cost and quality - ANSWERSelect primarily for speed, flexibility, and quality How has Zara utilized a vertically integrated business mode...

Which Economic utility is not a reason for students to buy textbooks from Amazon? - ANSWERForm Which of the following is NOT a characteristic of an efficient supply chain? Supply Predicable Demand Maximize performance and minimize cost Generate high turns to minimize inventory Select primarily for speed, flexibility, and quality Select primarily for cost and quality - ANSWERSelect primarily for speed, flexibility, and quality How has Zara utilized a vertically integrated business mode...

Logistics Management is the part of SCM that plans, implements, and controls the efficient, effective, forward and reverse flow and storage of goods, services, and related information between the point of origin and the point of consumption in order to meet customer requirements Supply Chain Management the management of upstream and downstream relationships with suppliers and customers in order to deliver superior customer value at less cost to the supply chain as a whole Customer Value = ...

Name the major challenges of Global SCM Risk, raw material scarcity, complex governmental rules and regulations, environmental sustainability, coordination with global partners, cost pressure, local and regional consumer preferences What dimension of the country assessment framework involves the strength of supply chain support business in the region? Competency T/F: Supply chain solutions that work in one region can be repeated as long as you have the technology systems to connect all supply ...

Name the major challenges of Global SCM - CORRECT ANSWER-Risk, raw material scarcity, complex governmental rules and regulations, environmental sustainability, coordination with global partners, cost pressure, local and regional consumer preferences What dimension of the country assessment framework involves the strength of supply chain support business in the region? - CORRECT ANSWER-Competency T/F: Supply chain solutions that work in one region can be repeated as long as you have t...

Which Economic utility is not a reason for students to buy textbooks from Amazon? - CORRECT ANSWER-Form Which of the following is NOT a characteristic of an efficient supply chain? Supply Predicable Demand Maximize performance and minimize cost Generate high turns to minimize inventory Select primarily for speed, flexibility, and quality Select primarily for cost and quality - CORRECT ANSWER-Select primarily for speed, flexibility, and quality How has Zara utilized a vertically integra...