Preview

The Supply Chain Management Concept

Good Essays
Open Document
Open Document
1682 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
The Supply Chain Management Concept
THE SUPPLY CHAIN MANAGEMENT CONCEPT
Multiple Choice Questions 1. According to Professor Mentzer and colleagues, the supply chain concept originated in what discipline? c. logistics (c; p. 33) 2. The supply chain management philosophy emerged in which decade? d. 1990s (d; p. 33) 3. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows. b. supply chain (b; p. 34) 4. Although nearly any organization can be part of a supply chain, supply chain management requires: b. overt management efforts by the organizations in a supply chain (b; p. 35) 5. Two of the most prominent supply chain management frameworks are the Supply-Chain Operations Reference (SCOR) model and the ____ model. c. Global Supply Chain Forum (GSCF) (c; p. 35) 6. Which of the following is not one of the processes in the SCOR model? a. sell him him him(a; p. 35) 7. The current Global Supply Chain Forum (GSCF) model identifies ____________ key processes associated with supply chain management. d. eight (d; p. 35) 8. Which of the following are not key attributes of supply chain management? a. inventory control b. leveraging technology c. customer power d. a long-term orientation e. all are key attributes (e; p. 36) 9. Contemporary supply chains should be fast and ____________. b. agile (b; p. 37) 10. Contemporary supply chains should be agile and ____________. a. fast (a; p. 37) 11. An organization’s ability to respond to changes in demand with respect to volume and variety refers to ____. c. agility (c; p. 37) 12. What is a perfect order? a. simultaneous achievement of relevant customer metrics (a; p. 38)
13. Which of the following is not associated with relational exchanges?

You May Also Find These Documents Helpful

  • Powerful Essays

    ECOM320 Assign2

    • 2801 Words
    • 8 Pages

    As the need for companies to condense costs and prices while improving customer service and product quality. The supply chain is the set of processes that encompasses everything from sourcing, transportation, manufacturing, distributing, wholesaling, retailing, and final delivery of goods. Supply chain management has become a progressively more significant factor of corporate strategy over the past several years.…

    • 2801 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Module 5 Problems Mrnak

    • 742 Words
    • 2 Pages

    Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain Concepts, Strategies, and Case Studies; 3rd ed. Boston: McGraw-Hill Irwin.…

    • 742 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    1. Compared to the agricultural age where the work force focuses on the production of food, we now work in the _____ age where the focus has shifted to the production of knowledge.…

    • 1793 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    Sanpson Products

    • 2068 Words
    • 9 Pages

    13. The term “value chain” includes both the upstream and downstream portion of the supply chain.…

    • 2068 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    Naslund, D., & Williamson, S. (2010). What is management in supply chain management? – A critical review of definitions, frameworks and terminology. Journal of Management Policy and Practice 11 (4), 11-27. Retrieved March 27, 2011, from Business Source Complete.…

    • 2393 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    OCSM Week 4 Questions

    • 536 Words
    • 3 Pages

    1. What is the difference between supply chain management and demand management? Supply chain management is concerned with the design and management of value-added process that not only cut across organizational boundaries but must be tightly integrated to allow information and materials to flow and be deployed within and across them. Demand management refers to decisions that are taken to affect the quantities demanded of one or more product that are served by a supply chain.…

    • 536 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Cis109

    • 1180 Words
    • 5 Pages

    Supply chain management (SCM) is the management of a network of interconnected businesses involved in the provision of product and service packages required by the end customers in a supply chain (Wailgum, 2012). Supply chain management spans all movement and storage of raw materials, work-in-process inventory, and finished goods from point of origin to point of consumption. The concept of Supply Chain Management is based on two core ideas. The first is that practically every product that reaches an end user represents the cumulative effort of multiple organizations. These organizations are referred to collectively as the supply chain. The second idea is that while supply chains have existed for a long time, most organizations have only paid attention to what was happening within their “four walls.” Few businesses understood, much less managed, the entire chain of activities that ultimately delivered products to the final customer. The result was disjointed and often ineffective supply chains (Handfield, n.d.).…

    • 1180 Words
    • 5 Pages
    Powerful Essays
  • Powerful Essays

    Harley Davidson-Supply Chian

    • 2298 Words
    • 10 Pages

    Supply chain operates under an organisation’s supply network. There are many terms in supply chain. Some terms are used to explain different parts of the supply chain but overlap, these terms are purchasing and supply management, physical distribution management, logistics, merchandising, materials management and supply chain management, these represent an increasing degree of integration between the linkages of the supply chain (Coventry 2010: 16). In other words, Supply chain management includes all terms. Materials management includes purchasing, physical distribution management and inventory management. Logistics includes physical distribution management.…

    • 2298 Words
    • 10 Pages
    Powerful Essays
  • Best Essays

    linfox

    • 4045 Words
    • 16 Pages

    References: Ballou, R.H. (2004). The Supply Chain. Business Logistics / Supply Chain Management (5th ed.) p.7. Australia: Pearson Education.…

    • 4045 Words
    • 16 Pages
    Best Essays
  • Better Essays

    Handfield, R.B. and E.L. Nichols, E.L., Jr. (1999). Introduction to Supply Chain Management, Prentice-Hall, Upper Saddle River, N.J.…

    • 1680 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Coyle, J., Langley, C., Gibson, N., Novak, R., Bardi, E., (2009). Supply Chain Management; A Logistics Perspective. Ohio: South-Western Press. 9th Ed..…

    • 810 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The report does not need to have a separate theory section; however, you are expected to refer to the relevant theories when discussing aspects of the supply chain. Aim to use at least five academic references (books or peer-reviewed journal articles).…

    • 1737 Words
    • 6 Pages
    Good Essays
  • Best Essays

    Green Logistics

    • 3435 Words
    • 14 Pages

    Handfield, R. B. and Nichols, E.L. 1999, Introduction to supply chain management, Prentice-Hall, Inc., New Jersey.…

    • 3435 Words
    • 14 Pages
    Best Essays
  • Best Essays

    Supply Chain Management includes all the activities that must take place to get the right product into the right consumer’s hands in the right quantity and at the right time – from raw materials extraction to consumer purchase. SCM focuses on planning and forecasting, purchasing, product assembly, moving, storage, distribution, sales and customer service (Texas A&M University, 2013). Global Supply Chain Management involves a business or a company’s worldwide interests and suppliers rather than simply a…

    • 2829 Words
    • 81 Pages
    Best Essays
  • Powerful Essays

    Supply Chain Integration

    • 2197 Words
    • 9 Pages

    Wisner, J.D., Tan,K.C., Leong, G.K. 2008. Principles of Supply Chain Management, 2nd Ed. South Western Cengage Learning: United States…

    • 2197 Words
    • 9 Pages
    Powerful Essays