Supply chain agility refers to the ability to adjust quickly to changes in market demand. Select one: a. True. b. False.
Q: Explain the illustration above with the use of the previous lecture in Supply Chain Management makes…
A: ANSWER: Supply chain management : It is handling of production flow of a good or services which…
Q: Why does a world-class competitor's proper processes and supply chain policy change too frequently?
A: It is important for a company to be able to respond rapidly to shifts in demand in today's…
Q: True or False: Write TRUE if the statement is correct and FALSE if it is incorrect.
A: Note: Since you have posted a question with multiple sub-parts, we will solve the first three…
Q: • Relation service and finance with the organizational efficiency Evaluation between supply chain…
A: Organizational efficiency examines how to increase the output an organization that an organization…
Q: Explain in details Only 5 attributes affecting the Supply Chain implementation. Support your answer…
A: A supply chain can refer to the network of all the individuals, resources, organizations,…
Q: Demand varies a great deal in most organization. How can you adjust supply to try to match demand
A: Managing Demand- If we were to look into the demand side, there are several methods through which…
Q: push and pull boundary
A: At first you want your company to create brand recognition that allows clients to want your goods in…
Q: True or False One of the most significant aspects of the value chain is the linkage between a series…
A: Value chain refers to a system in which organisation performs various activities in order to deliver…
Q: Someone states that "Supply chain management primarily interest is manufacturing firms". Is it true…
A: Inventory network Management can be characterized as the management of stream of items and…
Q: Cisco’s model of building a seamless supply chain is one that many companies can follow. It proves…
A: Supply management is a process that ensures the proper transfer of goods to customers in an…
Q: Baker Mfg Inc. wishes to compare its inventory turnover to those of industry leaders, who have…
A: Given, Net Revenue- $27500 Cost of sales- $19650 Inventory- $1300 Total sales- $17790
Q: Companies may avoid the "sting" of the bullwhip effect by O a. Outsourcing non-core processes…
A: Bullwhip effect means variations in the demand of the product due to certain reasons which goes on…
Q: Firms such as Walmart, General Electric, Chase Manhattan,and Boeing have a lot of influence in their…
A: An integration that lies in the collaboration and cooperation of the supply chains where all work as…
Q: State the key types of information required in purchasing and supply chains
A: During purchasing and supply chains, there are several forms of information that are required.
Q: Cisco’s model of building a seamless supply chain is one that many companies can follow. It proves…
A: 1. Utilization of information technology in supply chain management gives improved visibility and…
Q: Explain the supply chain macro process of a Bangladeshi firm.
A: Macro-processes in a firm: A macro-process is a grouping of processes at the mid-level.…
Q: When all the different stages of a supply chain work toward the objective of maximizing total supply…
A: A supply chain is the system of all the people, companies, resources, projects, and technology…
Q: If the variance of orders of a manufacturer equals 1000, and the variance of orders of its supplier…
A: Find the Given details below: Given details: Variance of Orders (Manufactures) 1000 Variance…
Q: Cisco’s model of building a seamless supply chain is one that many companies can follow. It proves…
A: 1.Supply chain visibility (SCV) is the capacity of parts, segments or items on the way to be…
Q: Do you agree with maintenance operations that rely on ‘Just-In-Time’ bench stock strategies, Why or…
A: The Just in Time (JIT) style of stock administration is a methodology of overseeing stock and…
Q: Inventory can be found at all points in the supply chain Select one a. False b. True
A: A noticeable stock is viewed as a center segment of the production network and is the place where…
Q: is needed to convert a supply chain into a value chain: Select one: a. Focusing on the primary…
A: The question is related to Supply Chain Management. Supply chain is the process between producing…
Q: Supply chains include all the processes needed to make a finished product. Discuss the previous with…
A: To make the finished goods, we would require raw materials and Internal processes, the supply chain…
Q: Procurement- Which of the following is not a type of supply budget? A. Capital B.…
A: Budget contains in estimation of revenue and expenditure in a specific period of time. To manage the…
Q: The item fill rate is categorized as which type of supply chain performance metric? Select one:
A: Fill rate is the rate which represents the percentage of number of orders which a company have…
Q: Six major movements can be observed in the evolution of supply chain management studies with…
A: Supply chain management (SCM) is the management of the cycles that control the progression of…
Q: Supply base management refers to the selection, development and maintenance of supply. Select one:…
A: Supply base management refers to the management of the external suppliers that are associated with a…
Q: 1. The stage of the evolution of the supply chain management are: a. Consolidation b. All of the…
A: Supply chain can be described as the network which is created between the organization and its raw…
Q: Discuss what it means to monitor the supply environment. How does this affect a company's operations…
A: The supply chain is the management of the flow of goods and services from the producer to customers.…
Q: Which of the following statements about supply chain metrics is Incorrect? a. The lower the weeks of…
A: A. The lower the weeks of supply metric the better: If the vendor can supply material to the company…
Q: Review the strategic implications of supply chains as described in the text. Does Crayola have…
A: The strategic implication of supply chain of crayola is very effective and responsive. To be…
Q: Why is market history meaningless for raw material and work-in-process inventory management?
A: Forecasts are important for and part of each stocking location because they are used to make…
Q: Why do businesses need to develop a supply chain strategy that mutually supports an overall…
A: Supply chain management is the management of goods and services, starting from raw material,…
Q: We know that push strategy in the supply chain refers to the amount of work done “in anticipation of…
A: Supply chain can be simply explained as the process of involving resources, activities, people,…
Q: All the following behaviours are possible obstacles to supply chain coordination, except _____ a)…
A: An effective supply chain management process acts as a competitive advantage for the organization.…
Q: Which of the following is the component of supply chain and includes processing & purchasing? Select…
A: A company's supply chain structure has three components: external suppliers, internal functions of…
Q: Define the term "inventory turn" and discuss why it is an important indicator of an organization’s…
A: "Inventory Turn" is the rate at which a company recoups its inventory in a given period usually in a…
Q: Supply chains can become value chains by minimizing costs or by adding some benefits to the…
A: Supply chains can become value chains by minimizing costs or by adding some benefits to the…
Q: 1)Does supply chains with higher ROI are performing better that others? or there are other measures…
A: Supply chain is the group of activities that help the business organization to distribute its goods…
Q: You are the manager of a retail store that sells home theater systems among other products. The…
A: Hi, we are supposed to answer 3 sub parts at a time. Since you have not mentioned which subpart to…
Q: Supply Chain Visibility.
A: a. With real-time supply chain visibility, have a aggressive edge over other players in field in the…
Q: a-) What is the overstocking cost of the business in dollars/box?
A: The demand and possibility predictions are given in the table. Further it is provided, that the box…
Q: A. By examining a supplier's capacity, technological resources, delivery strategies, and general…
A: Inventory management is the management in which stock is sourced, stored, and sold in the market.
Q: Strategies for proactive demand management would not include O a. offering products or services with…
A: Proactive demand management is significant to marketing because the demand for the company's goods…
Q: Supply chain orientation is process and strategy oriented . Select one: a. False. b. True.
A: A supply chain refers to the process of transforming the input to the output which includes…
Q: The push strategy in the supply chain refers to the amount of work done “in anticipation of demand,”…
A: Push supply chain strategy- The push strategy includes projected demand that determines what enters…
Q: Given that information technology and management practices have improved significantly over the past…
A: The use of information technology in management has increased its efficiency and accuracy in…
Q: An efficient supply chain would be most closely aligned with which of the following production…
A: The end to end flow of information, products and money is encompassed by supply chains. As a result,…
Q: d) The warehouse has doubled the rent starting next month. How will this (by itself) impact the…
A: Economic order quantity refers to the ideal amount of inventory that a company must order for…
9 Supply chain agility refers to the ability to adjust quickly to changes in market demand.
Select one:
a. True.
b. False.
Step by step
Solved in 2 steps
- D. Purchase requisition. For effective planning and control decisions, managers must focus on the following A. Continuous improvement and benchmarking B. Key success factors C. Value chain and supply chain analysis D. Sustainability The key document that contain information relating to a particular job is called1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the aboveQ1: Explain separately the importance of the flow of activities to enhance the quality in the operations of the manufacturing and service industries? Q2: Intricate the strategic importance of the six sources strategies in the supply chain.
- How to manage a order when there is lack of team members in the order management and order need to be fulfilled in short span of time in the following situations :- I) When Delivery team missing II) When Packaging Team missing III) When Billing Team missing (Answer in points only ) upvote for quality answer1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…1. A hotel tries to reduce the perishability of its services by selling last minute inventory at a highly discounted price. This technique presents threats to a company’s: A. Brand image B: Variability of services C: Relationships with suppliers D: Human resources turnover 2. Sometimes, hotel and airline companies upgrade guests to higher-end services. For such services, there are not a lot of word-of-mouth, reviews, or pictures available. For example, a hotel may upgrade a guest who paid for a regular room to a suite in order for the guest to experience an upscale product that the customer does not purchase often, but may purchase in the future. This situation, where a guest may experience an unfamiliar upscale service for the first time, is likely to result in a __________ in the __________ of services. A: increase, intangibility B: reduction, intangibility C: reduction, variability D: increase, variability 3. In hospitality and travel industries, customers and frontline…
- Of the list of KPIs shown below, indicate which would be considered to be marketing performance KPIs, and which would not be. ΚΡΙ 1. Conversion Rate 2. Cost per Lead 3. Page Views and Bounce Rate 4. Process Waste Level 5. Employee Satisfaction Index 6. Brand Equity 7. Customer Online Engagement Level 8. Order Fulfilment Cycle Time Marketing Performance KPI? Yes NoDataSpan, Incorporated, automated its plant at the start of the current year and installed a flexible manufacturing system. The company is also evaluating its suppliers and moving toward Lean Production. Many adjustment problems have been encountered, including problems relating to performance measurement. After much study, the company has decided to use the performance measures below, and it has gathered data relating to these measures for the first four months of operations. Throughput time (days) Delivery cycle time (days) Manufacturing cycle efficiency (MCE) Percentage of on-time deliveries Total sales (units) 1 2 Month ? ? ? ? ? ? 91% 86% 3,460 3,312 Move time per unit Process time per unit Wait time per order before start of production Queue time per unit Inspection time per unit 3 ? ? ? 82% 3,143 4 Management has asked for your help in computing throughput time, delivery cycle time, and MCE. The following average times have been logged over the last four months: ? ? ? 78% 3,025…1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above PS: OPTION D INCORRECT 2.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above PS: OPTION B INCORRECT
- Q1. Essentially, the planning of the purchasing and supply chain function entails managing the function for the future. Outline the purpose of the three levels of management within the context of the purchasing and supply chain function.Which of the following is a performance measure used to measure customer service for a build to stock customer strategy? Select all that apply! - Group of answer choices - Line item fill rate - Return Rate - Inventory Values - Return on SalesIn practice, sourcing integrates only the strategic and operative decision making levels. Select one: a. False b. True