Scmn test 3 - Study guides, Class notes & Summaries
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SCMN 2150 Test 2 Auburn University Exam Review Questions & Answers
- Exam (elaborations) • 5 pages • 2023
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SCMN 2150 Test 2 Auburn University Exam Review Questions & Answers 
What is procurement? - ANSWER-process of actually purchasing goods and services 
How does procurement differ from strategic sourcing? - ANSWER-Procurement operations support 
tactical day-to-day transactions such as issuing purchase orders to suppliers, whereas strategic sourcing 
represents to strategic planning, supplier development, contract negotiation, supply chain 
infrastructure, and outsourcing models. 
What is outsou...
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SCMN Test 3 Questions & Answers 100% Correct!!
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SCMN Test 3 Questions & Answers 100% Correct!!
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SCMN Test 3 Exam Review With complete solution 2023/2024
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SCMN Test 3 Exam Review With complete solution 2023/2024 
When capacity does not match the plan, which of the following actions can be taken? 
I. Provide sufficient capacity 
II. Change the material plan 
III. Modify capacity calculations - ANS-I and II 
which of the following is an objective of capacity planning? 
I. building excess capacity for possible future use 
II. estimating capacity requirements early enough to take action if necessary 
III. Execution of the plan to avoid suprises - ANS-...
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SCMN-2150-Smedberg: Test 3 Questions and Answers 100% Pass
- Exam (elaborations) • 41 pages • 2024
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SCMN-2150-Smedberg: Test 3 Questions 
 
and Answers 100% Pass 
 
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 
 
key requirement of SC info that says data must be readily available for decision making purposes 
accessible 
 
key...
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SCMN 3720 Test 3-Strickland Latest Version Graded A+
- Exam (elaborations) • 13 pages • 2024
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SCMN 3720 Test 3-Strickland Latest 
 
Version Graded A+ 
 
3PL 3rd party logistics. anything that you can outsource 
 
5 Categories of 3PL's 1. Transportation Based 
2. Distribution Based 
3. Forwarder Based 
4. Financial Based 
5. Information Based 
 
Transportation Based business origin in freight movement 
-Move freight, manage transportation operations, operate fulfillment centers, develop logistics 
solutions 
 
Distribution Based Business origin in the public or contract warehousing 
-Foc...
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SCMN 3150 Test 3 Quizzes with Complete Answers
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SCMN 3150 Test 3 Quizzes with 
 
Complete Answers 
 
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 appr...
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SCMN 3150 TEST 1 LATEST VERSION GRADED A+
- Exam (elaborations) • 17 pages • 2024
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SCMN 3150 TEST 1 LATEST VERSION 
 
GRADED A+ 
 
SCM in 4 Words 1.) Plan 
2.) Source 
3.) Make 
4.) Deliver 
 
What is SCM? -The "art" of managing the flow of materials and products, information, and 
financial resources from the source to user 
• Suppliers → Manufacturers → Distributors → Retailers → Consumers 
• Not a science because consumers don't always act rationally 
 
Who is the most important participant in the Supply Chain? -Consumer 
• If there is no demand from the cu...
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SCMN 3150 Brian Gibson test 1 Questions and Answers Rated A+
- Exam (elaborations) • 32 pages • 2024
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SCMN 3150 Brian Gibson test 1 
Questions and Answers Rated A+ 
 
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 
 
Competitive adv...
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SCMN 2150 Brian Gibson test 1 Questions and Answers Already Passed
- Exam (elaborations) • 14 pages • 2024
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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...
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SCMN 3710 Test 2 Strickland Latest Update Graded A+
- Exam (elaborations) • 20 pages • 2024
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SCMN 3710 Test 2 Strickland Latest 
 
Update Graded A+ 
 
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. z 
 
2. What is the definition of demand management according to Blackwell & Blackwell? 
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 imbalance betwee...
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