Scmn test 3 - Study guides, Class notes & Summaries
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Scmn 3710 Test 2 Strickland Questions & Answers
- Exam (elaborations) • 14 pages • 2023
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Scmn 3710 Test 2 Strickland Questions & Answers 
1. Be able to explain potential supply/demand misalignment throughout the life cycle of a product as 
shown on Fig. 7.1 on page 210 of your text. - ANSWER->z 
2. What is the definition of demand management according to Blackwell & Blackwell? - ANSWER- 
>Focused efforts to estimate and manage customers' demand, with the intention of using this 
information to shape operating decisions. 
3. Explain the 4 methods commonly used to manage the ...
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SCMN 2150: test #2 Exam Questions With Verified Answers
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SCMN 2150: test #2 Exam Questions With 
Verified Answers 
3 main steps of supply chain. - answer1. supply chain 
2. strategic sourcing 
3. procurement 
goal of supply management. - answerbuy products and services; at the right price; from the 
right source; at the right specification; in the right quantity; for delivery at the right time; to the 
right internal customer 
importance of supply management. - answerability to generate a sustainable advantage 
through lower costs, higher quality, and...
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SCMN-2150-Smedberg: Test 3 Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 39 pages • 2024
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What is the lifeline of supply chains? 
: information 
Supply chain managers can only derive valuable insight from data that is (key 
requirements): 
: -Accurate 
-Accessible 
-Relevant 
-Reliable 
-Timely 
-Transferable 
-Usable 
key requirement of SC info that says data must be current & depict reality 
: accurate 
2 | P a g e 
key requirement of SC info that says data must be readily available for decision making 
purposes 
: accessible 
key requirement of SC info that says data must contai...
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SCMN 2150 Test 1 Questions And Answers Verified By An Expert
- Exam (elaborations) • 7 pages • 2023
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SCMN 2150 Test 1 Questions And Answers Verified By An Expert 
What is Supply Chain Management? - ANS the art of managing the flow of materials, products, information, and financial resources from source to user. 
 
Why is SCM important? (4) - ANS 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 
 
Co...
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SCMN-2150 TEST 3 QUESTIONS AND ANSWERS
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What are 5 technologies that can be used to create a competitive advantage? - Answer-1) internet of things (IoT) 
2) blockchain 
3) AI 
4) robotics/automations 
5) 3d printing 
 
What are the 3 biggest roadblocks to making a company a digital business? - Answer-1) company culture 
2) legacy technologies/applications 
3) access or usability of data 
 
What is the overarching goal of supply chain information technology in supply chain management - Answer-plan, execute, and control SCM in real time...
And that's how you make extra money
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SCMN 3150 Test 3 Questions & Correct Answers | Latest Update |Already Graded A+
- Exam (elaborations) • 19 pages • 2024
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Episode 9 
: Supply Chain Technology 
Which supply chain technology capability captures customer requirements, prioritizes 
them, and recommend alternatives to ensure product velocity aligns with customer 
needs. 
: Speed to market 
From a differentiation standpoint, technology can help an organization define supplier 
and customer segments, understand the cost to serve them, and prioritize service 
execution so that critical groups receive appropriate attention. (T/F) 
: True 
Which of the ...
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SCMN 2150 Brian Gibson test 1 Exam Review Questions & Answers
- Exam (elaborations) • 9 pages • 2023
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SCMN 2150 Brian Gibson test 1 
Exam Review Questions & Answers 
What is Supply Chain Management? - ANS-the art of managing the flow of materials, products, 
information, and financial resources from source to user. 
Why is SCM important? (4) - ANS-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 
Comp...
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SCMN 2150- test #2 Questions & Answers
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
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SCMN 2150- test #2 Questions & Answers 
3 main steps of supply chain. - ANS-1. supply chain 
2. strategic sourcing 
3. procurement 
goal of supply management. - ANS-buy products and services; at the right price; from the right source; at 
the right specification; in the right quantity; for delivery at the right time; to the right internal customer 
importance of supply management. - ANS-ability to generate a sustainable advantage 
through lower costs, higher quality, and better service from our...
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SCMN 2150 TEST 3 STUDY GUIDE QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
- Exam (elaborations) • 3 pages • 2024
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SCMN 2150 TEST 3 STUDY GUIDE QUESTIONS AND ANSWERS WITH SOLUTIONS 2024
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SCMN 2150 Test 2 Auburn University Questions & Answers 2023/2024
- Exam (elaborations) • 12 pages • 2023
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SCMN 2150 Test 2 Auburn University Questions & Answers 2023/2024 
The purchase of merchandise at the optimum total cost, at the right time, in the right quantity - ANSProcurement 
A company process that continuously re-evaluates and improves upon the companies procurement 
process - ANS-Strategic Sourcing 
The identification use and management of the resources a company needs to meet its goals - ANSSupply management 
What is the goal of the procurement process? - ANS-higher quality 
lower cos...
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