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Supply Chain Management 2
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Supply Chain Management 2
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25 Questions

1. Supply chain management is completely producer-driven.
2. Another name for outsourcing is contract logistics.
3. The six criteria important in selecting a transportation mode are relative cost, transit time, reliability, capability, accessibility, and traceability.
4. Companies that use supply chain management techniques typically also use a push promotional strategy.
5. Products and marketplaces differ substantially in their core characteristics so supply chain management strategies should be selected according to the situation at hand.
6. High role specificity means each firm in the supply chain has clarity in terms of knowing which firm is the leader, which firms are the followers, and which responsibilities are assigned to each firm.
7. Manufacturers who require suppliers to meet certain environmental standards are implementing green supply chain management.
8. Business processes are bundles of interconnected activities that stretch across firms in the supply chain.
9. Traceability with respect to transporting modes refers to the relative ease with which a shipment can be located and transferred.
10. Digital distribution is a distribution technique that includes any kind of product or service that can be distributed electronically.
11. Management practices that reflect a highly coordinated effort between supply chain partners are said to be 'integrated.'
12. Many industry experts regard on-time delivery and shipment of products as the single most important supply chain management criteria leading to customer satisfaction.
13. Supply chain management is a key means of differentiation for a firm and a critical component in marketing and corporate strategy.
14. It is illegal for companies to knowingly provide better service to their most profitable customers.
15. The goals of the manufacturing flow management process are centered on generating, filing, delivering, and providing on-the-spot service for customer orders.
16. A sustainable supply chain is one that employes renewable natural resources whenever possible.
17. Managing inventory from the supplier to the manufacturer is called distribution resource planning (DRP).
18. The ABC Approach is a measurement system used to evaluate overall supply chain performance.
19. One disadvantage of the use of RFID tags is increased inventory management costs.
20. A successful apparel company found that significant demand existed among buyers who needed to place a number of small orders rather than a few big orders. The company most likely succeeded because of the use of agile supply chain management strategies.
21. Supplier integration occurs when multiple firms in a supply chain coordinate their activities and processes so that they are seamlessly linked to one another in an effort to satisfy the customer.
22. EDI is often used to replace paper documents with electronic documents containing the same information.
23. Cross-docking allows for companies to load and off-load products with minimal warehousing—often in the same day.
24. Managing supply chain disruptions begins with putting controls in place to monitor dangerous of volatile situations.
25. Water transportation is by far the most expensive mode of transportation, but it is also the most reliable.