Past Year Question # Assignment 2 ^^, Supply Chain Management (SCM)

Past Year Question April 2009.

PART B.

5. What does supply chain management involve?

     A. The management of production material flows between and among stages in a supply 

          chain to maximize total supply chain efficiency.

     B. The management of information flows between and among stages in a supply chain

          to maximize total supply chain costs.

     C. The management of information flows between and among stages in a supply chain to

          maximize total supply chain effectiveness and profitability.

     D. None of the above.

           

 C. The management of information flows between and among stages in a supply chain to maximize total supply chain effectiveness and profitability.




6. Which of the following defines supply chain strategy?


     A. The schedule for production activities including testing, packaging, and preparation for 
          delivery.
     B. The product delivery processes and elements including orders, warehouses, carriers, 
         defective product returns, and invoicing.
     C. The strategy for managing all the resources required to meet customer demand for all
         products and services.
     D. The partners chosen to deliver finished products, raw materials, and services including
         pricing, delivery, and payment processes along with partner relationship monitoring
         metrics.
     

 C. The strategy for managing all the resources required to meet customer demand for all products and services.

Past Year Question October 2009.

PART B.

2. which of the following is an organizational result from an effective and efficient supply chain management system?

A. Decrease the power of its buyers

B. Create entry barriers thereby reducing the threat of new entrants

C. Increase efficiencies while seeking a competitive advantage through cost leadership

D. All of the above

D. All of the above




PART C.

QUESTION 1(a)

a)      Describe four (4) basic components of supply chain management.

The four basic components of SCM are first, supply chain strategy. The strategy for managing all the resources required to meet customer demand for all products and services.

Second, supply chain partners. The partners choose to deliver  finished products, raw materials, and services including pricing, delivery and payment processes along with partner relationship monitoring metrics.

Third, supply chain operation. The schedule for production activities including, packaging, and preparation for delivery.  Measurements for this component include productivity and quality.

Lastly, supply chain logistics. The product delivery processes and elements including orders, warehouse, carries, defective product returns, and invoicing. 

Past Year Question April 2010.

PART B.

4. Which of the following defines supply chain partners?

     A. The schedule for production activities including testing, packaging and preparation for

         delivery

     B. The product delivery processes and elements including orders, warehouses, carriers,

         defective product returns and invoicing.

     C. The strategy for managing all the resources required to meet customer demand for all

         products and services.

     D. The partners chosen to deliver finished products, raw materials and services including

         pricing, delivery and payment processes along with partner relationship monitoring

         metrics.

 D. The partners chosen to deliver finished products, raw materials and services including pricing,delivery and payment processes along with partner relationship monitoring metrics.

Past Year Question October 2010.

PART B

5. All of the following are part of the four basic components of supply chain management. EXCEPT:

A. Supply Chain Strategy

B. Supply Chain Logistics

C. Supply Chain Partners

D. Supply Chain Customer

 D. Supply Chain Customer

19. Which application’s primary business benefits include market demand, resource and capacity constraints, and real-time scheduling?

A. Customer Relationship Management (CRM)

B. Supply Chain Management (SCM)

C. Enterprise Resource Planning (ERP)

D. Business Process Reengineering (BPR)

 B. Supply Chain Management

Past Year Question April 2011.

PART A.

14. The supply chain demand must not anticipate the future state of the business.

        

           -False

Past Year Question September 2011.

PART A.

16. A supply chain consists of all parties involved directly and indirectly in the production of a product.

         

         -True

END OF QUESTION..THANK YOU.. ^____^