Scmn 2150 Study guides, Class notes & Summaries

SCMN 2150 FINAL EXAM QUESTIONS WITH COMPLETE SOLUTIONS GRADED A+

SCMN 2150 Module 5 Questions and Answers 100% Pass What type of purchases should receive a supply manager's lowest priority and time commitment? Generic goods Which type of purchases include the modules and components that are used in production processes and add value to the product? Direct materials What is the sequence of the five-step procurement process? 1. identify need for materials and services 2. evaluate supplier options 3. select best suppliers 4. release orders and...

SCMN 2150 Exam 3 Latest Version Graded A+ This software facilitates improved performance of day-to-day operating tasks from the time a purchase order for materials is placed until the delivery of a customer order is made. supply chain execution A properly developed supply chain wide technology strategy supports multiple levels of decision making and creates a clear view of the flow of products, information, and services across the supply chain True Data that is ____ must come be una...

SCMN 2150 Brian Gibson test 1 Questions and Answers Already Passed What is Supply Chain Management? the art of managing the flow of materials, products, information, and financial resources from source to user. Why is SCM important? (4) It provides valuable opportunities to create competitive advantage: 1. develop collaborative, trusting relationships 2. rationalize product touch points 3. drive out costs and achieve tremendous efficiencies 4. improve customer satisfaction Competi...

SCMN 2150: Module 5-8 Robert Straw Auburn Questions and Answers Already Passed According to the reading the final step of strategic sourcing is to: A. integrate suppliers into existing processes B. negotiate with and select suppliers C. analyze product categories used by the businesses and spending patterns D. track performance metrics and optimize sourcing plan D. track performance metrics and optimize sourcing plan According to the reading, the most popular response to COVID-19 ...

what is scm - Answer-The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - Answer-suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - Answer-the consumer What does SCM involve? - Answer-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 ou...

SCMN 2150 (Test 1) Latest 2024 Graded A+ Supply chain management the art of managing the flow of materials and products, information, and financial resources from source to user Who are the key participants and the primary processes in a supply chain - Suppliers - Manufacturers - Distributors - Retailers - Consumers (most important) What are the goals of supply chain management SCM helps companies outpace the competition by managing their materials, product, and information f...

SCMN 2150 - Test 2 Gibson Questions and Answers Rated A+ Which characteristic of high quality data ensures that the data is portable and readable by multiple systems Transferability (T/F) Companies are actively investing in supply chain technology to enhance the customer experience and support growth. True This software extracts data from operating systems across the supply chain to a data warehouse where it is quickly analyzed and sent to decision makers Business Intelligence Sof...

According to the Module 1 readings, what benefit is achieved by supply chain integration? A. reduced facility investment B. greater demand planning accuracy C. greater equipment utilization D. rationalized product handling - Answer-B. greater demand planning accuracy According to the Module 1 readings, the ______ process focuses on minimizing the number of items that enter a backward flow due to defects, being out of date, or needing to be recycled. A. deliver B. return C. make D. plan...