Professional Documents
Culture Documents
SCM Mod 1-30
SCM Mod 1-30
SCM Mod 1-30
111) While SCM involves managing ................operations to reduce costs,supply chain strategies have a
broader definition
112) It defines how a company’s supply chain should operate to compete in the market place
113) Supply chain strategies are required to manage the integration of supply chain activities through
improved supply chain relationships
114) major business challenges for organisations developing supply chain strategies include developing
capabilities to manage the sevens V’s that customers want
115) Managers also need to recognize that logistics and SCM comprice a significant portion of the
company’s costs
116) That decisions made about supply chain processes will yield different levels of customer service
117)SCM strategies can be used to penetrate new markets ,and increase market shares and profits
118) Strategic SCM emphasises the alignment of SCM with corporate and business strategies
119) Supply chain strategy should support corporate and business strategies at both the corporate and
business unit levels
120) If a company’s business strategy is to be a low cost provider,the supply chain strategy should
support this
121) If little value can be added,it is questionable whether the activity should exist
122) Value based SCM strategy aims to align all SCM activities with overall goal of improving the
companys value to customers
123) Performance basaed SCM strategies involves ......... and....... the supply chain,as well as
benchmarking against competitors and performance measurement
126) Alternative strategies are compared and selected based on ........... with corporate and business
strategies and objectives and priorities
131 the decisions made on the ……………….will yield different levels of customer service
134 Effective Scm view each activity in the Supply chain as contributing to the process of adding ........
135……………….is added when customer are willing to to pay more for the product and services
136 ………………. aimed to align all scm activities with the overallgoal of improving companies value to
the customers
135…………………..high delivery quality on which availability of materials capacities and information have
impact
136 on an operational level can be connected with the objective on a strategies’ level such as ……………
137 …………………………involves controlling and monitoring the supply chain as well as benchmarking
against the competitors and performance measurement
138 A balance of financial and nonfinancial key performance indicators are uses in
………………………..based scm strategies’
139 intelligences, design, choice and implementation review are……………….in SCM development.
140 The costly inefficiencies and redundant activities and other problems that do not support the
company’s business strategies’ may be a target of elimination in…….
141 The capabilities that exist within the organization and their extended supply chain is assessed in
……
142 In ……………………process inputs forpriorities come from product, market strategies and from
corporate strategies
143 feasibilities of……………………is evaluated interms of the capabilities and resources are available
144 alternative strategies are selected compared and selected based on alignment with corporate and
business strategies and objectives in ……process
145 when its necessary SCM strategies are modifies using …….process
146 …………………should include activities taskes roles ,responsibilities , a corresponding time lines and
performance should be tracked against performance objectives
147 SCM require a change from managing individual functions to……………… in to key supply chain
activities
148 In the today highly competitive markets companies are required to ………their SC activities to and
to engage in strategic partnership with consumers suppliers distributers and others.
149 Optimizing product flow cannot be accomplished with out implementing a …………….approach.
151 A set of stratagies programs and enabling systems that is focused on building customer loyality is…..
152 CRM uses ……………………….to organize automate and synchronize sales marketing customer service
and technical support activities
155 ……gathers informationabout customers and enables a business to creat assign and manage request
made by the customers .
156 Most of the organizations are increasingly using ……………………to improve their customers
experience
156….helps a business to identify and target potential clients and to generate leads to the sales team
157…………………is used to identify and rewards loyal customerswhich will in turn will help improve
customer retention.
158 Every business achieves its aim by supplying ……………and ………… to its customers
158 Every business achieves its aim by supplying product and services to its customers and the
profitability is ultimately depending on achieving ………………………………
159 customer service provide customers Real time information on promised shipping date and product
availability through the interfaces through the organizations ………………………and ……..operations
160 Any organization can provide outstanding customer service by if it allocate ………………….
161Any organization can provide outstanding customer service by if it allocates enough resources that
comes with…………………………..
162 Its realistic to find best balance between service and …………………..
163 The concept of value chain was first introduced by Michael porter in his book …………………………….
164 supply chain and demand chain are the two parts of ……………………..
167 demand chain management is different from supply chain management only in terms of its
emphasis on customer pull rather than supplier push ……true or false
168 if the firm wants want to produce product until customer demands its called as ……………………….
170) Due to …….……………its difficult accurately link accurately demand with supply.
171) the aim of ………………………….is to minimise out of stock situation and excessive cost supply
172) When the demand pattern is extremely volatile as a result of a sales promotion its called …………
173) when this supply capacity is unable to meet the sharp and rapid rise in demand …….become un
stable as a consequence.
174)…………and ……………………the factors to consider new or obsolete product , competitors product and
pricing
175……is the complete process from point of sales enquiry to delivery of the product to the customer
177……….is the strategic option in which product is designed and built to customer specification
178…….. is the strategic option were the product is unique and designed and build according to the
customer specification
179……………is the strategic option were product is based on standard design and the components of the
production and manyfacture is product is linked to specification contained in the customer’s design.
180…..is the strategic option product is built to consumer specification from a stock of existing
components
181 …….is the strategic option were the product is built to customer specification from a stock of
existing components
182……is the strategy the product is built against the sales for cast and sold to the consumer
183 ……. Is strategy being the products are digital assets and the assets and inventory is maintined with a
single digital master.
186……….is a selection of the order placement or closing the deal in accordance with a purchase oder
189…………………………is the ability to make a variety of product in a timely manner at the lowest possible
and respond to changes in the demand.
190………………is the activities necessary to obtain implement and manage manufacturing flexibility in
the supply chain
192 ……is to improve return on investment by reducing in process inventories and associated carrying
cost
193…….Reducing waste and redundant inventories by delivering product, component or materials just
when an organization need them
194 successes of……………is not only in reducing inventory cost but also in improving customer service
level.
195 Diminished raw materials work in process and finished goods inventories are……………….
198 Jit production strategy helps in achieving ………. between various production stages
201 Lean manufacturing is consider the expenditure of the resources of any goal than the creation of
value for the ………………………
202…………..is an activities that consume time resources or space but not add any value to the product or
service
214 Transportation analyse provider analyse module is uses to select the best……and least……. provider
215……………typically generate electronic load tendering and tracking information’s to execute the
shipment
217 The cost, lead time or reducing the number of stops or waiting time are the parameters for the most
efficient transport plan in ………………………..
218 Optimize the vehicle load and transport route is the function of ………………………….
223 Transmission of transport alerts in case of delays is done by tracking system of ……………
224 Cost per metric productivity in financial terms or productivity in operational terms is done in
……………
225 KPI is also including time pick up or delivery performance relative to....................
227..........is the acquisition of good s or services with the goal of meeting the purchasers need for
quality, quantity, time and location at the best possible cost
228.............include purchasing traffic warehousing and all the other activities receiving inbound
material
231.....are undertaken to establish price ,availability and product customization and delivery schedule
232.....is supplier preparation, expediting, shipment ,delivery and payment for the products/services are
completed based on contract terms.
233 Demand pull innovation and invention-push innovation are two catogoriesof………………..
234 .......occurs when there is an opportunity in market to be explored by the design of the product
237.....innovations are generally developed in response to a need that has yet to be satisfactorily met.
239Pull verses push system are distinguished by the way companies ....... is driven
240 if a company produces on the basis of forecast or anticipated sales to customers that is .............
242 Most of the companies push its inventories in to the markets in anticipation of sales
243 In product design stake holders involved will demand something different from the .........and from
the design process
244 In the product design process the manufacturer is concerned with....... and economically ......
produced product
245 In the production design process ....................will be concerned with price appearance and prestige
value as well as usability and functionality.
246 In the production design process .......................focus on how well the final product can be
maintained is the product easily reassembled disassembled diagnosed and services
248 Companies tries to integrate customers suppliers and other stake holders into product development
process for the purpose of.........................
250 Mangersdevelop the production technology and system to integrate into the optimal supply chain
for the .....................
251 Mangers develop the production technology and system will select meterials and suppliers in
conjunction with the .........................
252 Mangers develop the production technology and system will coordinate with the ...........to identify
customer articulated needs
253 The strategies to eliminate or to reduce the risk in supply chain ...............forecasting
254 The strategies to eliminate or to reduce the risk in supply chain ...............Management
256 The strategies to eliminate or to reduce the risk in supply chain aimed at matching ... and...............
258 Spending on the Supply chain increases when they tries gain .........................
259 Outsourcing ,globalization increased competition and price pressure ,shortened and more complex
product life cycle,closer integration and collaboration with suppliers are.............................
260 Outsourcing ,globalization increased competition and price pressure ,shortened and more complex
product life cycle,closer integration and collaboration with suppliers are the trends causing
significant ...............and ..................to supply chain .
261 261 SCM strategies cannot be determined in ……… ,they are directly effected by another chain that
most organization have the development chain.
262 it is challenging to …….and ….. a supply chain in a manner that reduces total system-wide costs,
uncertainty and risk exist in every supply chain
263 Total system-wide costs, uncertainty and risk exist in every supply chain these are…………. SCM is
challenging and difficult to execute well.
264 Recent trends focused on reducing supply chain costs ,including outsourcing, offshoring and lean
manufacturing increase the level ………… the supply chain
265 Supply chain should be …… and …… to eliminates as much uncertainty and risks as possible as well
as deal effective with the uncertainty and risk threat remain
266 …… is the activity of estimating the quantity of a product or service that consumer will purchase
267 …………… involves quantitative methods such as the analysis of historical sales or current data from
test markets
268 ………………… may be used in making pricing decision in assessing future capacity requirements or in
making decisions on whether to enter a new market or not
269 Demand for a ……………………will likely rise if a competitor increases their price for the same items or
if the manufacture uses advertising and promotions to increase sales
270 If a competitors price fall and the ………………….. its marketing efforts demand for the product will
tend to decrease
271 The purpose of ………… is to facilitate the flow of information among all business function within the
organisation and manage the connections to outside the stakeholders
272The resulting increase or decrease in sales represents a changes in demand as a result of consumer
responding to ……………………
273 Demand forecast modelling considers the ……. of the market and the company individual shares of
the market versus the market share of competitors
274 Market shares may be measured as the percentage of the……………..company occupies through its
sales ,it is the key indicator of how well it is doing against the competitors
275One of the problems with demand forecasting is that it has been traditionally been based on past
average ,which do not take …….. in account
276 Companies have developed techniques to improve the accuracy of demand ………. by basing it on
expected future sales
277 Although demand forecasting is an important …… due to the variety of complex factors involved
277 It is generally not possible to predict the precise …… for specific items even with the most advanced
forecasting techniques
278 Delivery ……………manufacturing yields transportation times and availability of materials and goods
from suppliers all effect the supply chain and its ability to meet customer demand
279 Inventory management is primarily about specifying the ….. and type of stocked goods
280 Inventory is required at different ……. within a facility or within many locations of a supply chain to
precede the planned production and stock of materials
281 Replenishment ……. are scheduled to arrive just in time to replenish products expected to run out of
raw materials
282 At the same time ,theinventory supply of all …….. is balanced out to make their inventories
proportion to the production requirements for each product
283 Lean manufacturing is aimed at eliminating all ………. adding process or waste from the production
process thereby reducing costs
284 Agile manufacturing means that the …….process is designed to respond quickly to changes in
information from the market or customer demand
285 But lean manufacturing is focused on eliminating……. while agile manufacturing is focused on
achieving ……..to adapt to constant market changes
286 Agile manufacturing requires the ability at short notice to change……. to accommodate a wide
variety of products
287 There for the ability to rapidly …………. the production process is essential
288 The lean…………….,the ability to change products quickly is also waste ,as any times spent in
changing over to production of a new products is considered wasteful and there for should be
eliminated
289 In an agile system ,there needs t o be careful consideration of …… and …… requirements to ensure
the supply chain is robust enough to support changes in production to meet customer demand
290 Buy to Oder, make to order ,assemble to order, make to stock, ship to stock are the five type of
supply chain
291 When all the product are unique and not necessarily contain the same raw material …… strategy is
suitable
294 advantage of……………………is that if a product fails in the market place supply chain does not risk
overstocking
297 ……….. and ……………………strategy a quantity of a standard product is produced according to the sales
forecast
298 A make to stock supply chain can cope up with…….. in various markets but requires a steady over all
demand of a standard product
299n If the aggregate global demand forecast was accurate , if the national demand forecast for specific
countries not ,Then one country could find ……..and another ……………………..
300 Solution for over stocking one country and understocking was to move the manufacturing step of
………….to the distribution centres.
301 As many companies step back and examine their..................... some realise that out sourcing parts
of all of a supply chain can be advantageous
302 To take advantages of global improvements in information systems the costs and quality of
manufacturing and distribution and product design capabilities ,companies are adding......... to their
business by outsourcing all or parts of their supply chain
303 Third party logistics providers or 3PLs are firms that provides service to customers of outsourced
logistics service for part ,or all of their ...............functions
304 Third party logistics providers typically specialise in integrated operation ,warehousing and
transportation service that can be ....... and ................ to customers needs based on mark condition and
the demand and delivery service requirements for their products and materials
305 These services go beyond logistics and included value –added service related to the production or
procurements of goods ,which are service that....... parts of the supply chain
306 Without the right systems ,processes or organizational management structure ,there is a
great .........of failure
308 In an outsource-heavy environment companies need to put more controls and systems in place
to................. for the fact that their supply chain capabilities no longer reside onsite
309 In an outsourced supply chain environment ,the needs for information ,controls and excellence
from ..................... becomes a high priority
310 Largely due to improvements in.............,globalisation in dramatically impacting the way business is
managed and transacted ,even on the most local levels
311 Companies have built.................to buy ,transport ,store, manufacture ,sell and distribute products
in a single world wide market
312 Today ,virtually all major films have a significant and growing presence in business outside their
company of.......................
313 Cost difference –Companies can reduce their overall costs by moving operations to regions where
they can be done least ...................
314 Growing demand in new market –As ..................... become more prosperous , foreign companies
recognise the opportunities in these new markets
315 Convergence of market demand-Satellite television ,thewebv and other ........ channels have made
customers more aware of products made in foreign countries
316 Greater demand from customers –As customers become more..........,local suppliers ,may not be
able to meet their requirements ,in this case ,thedy will look to other countries to find the best products
and resources
317 Removal of trade barriers –Free trade areas such as the European union and north American free
trade agreements ,encourage ........................
318 Strategic questions that should be addressed to............. a cost-effective and efficient global supply
chain include
319 To satisfy more demanding................. ,logistics managers must continually monitor and improve
their operations to remain competitive
320 Inclusions of the supply chain ............... partner in the information flow is a factor on which
optimally out source entirely or just as component depend heavily
322 information system to connect and coordinate the ................is a factor on which optimally out
source entirely or just as component depend heavily
323 Companies have build global supply chain to buy transport store manufacture sell and distribute
product in a single .................. markets
325 ....................... and....... transportation made the movement of the goods easier ,faster and less
expensive
326 How many facilities should the companies have and what capabilities is a strategic question to be
addressed to design cost effective and efficient global .......... .
327 What kind of capacity should ..............have is a strategic question to be addressed to design cost
effective and efficient global supply chain .
328 What product and services should ......................handle is a strategic question to be addressed to
design cost effective and efficient global supply chain .
329 What suppliers and distributers should the source is a strategic question to be addressed to design
cost effective and efficient global ........... .
330 Which contract manufacturers should the company use is a ............... to be addressed to design
cost effective and efficient global supply chain .
331 Other companies …………. the intellectual capital needed to produce the goods or provide the
services
332 Cost reduction may be defined as a …….. in prior purchase price
333 There must be cost ………….. programme to define objectives adequately ,so that accomplishment
can be measured and performance evaluated
335 Companies are looking to their …………. to two ways to help offset this trend
336 Companies may use cost ……………programmes targeted at reducing the overall costs of producing
and distributing a product with defined costes reduction objectives agaist which performance is
measured
338 Streamlining business processes with better design ,better collaboration across network and new
products and services can help companies stay ……………………… and strengthen relationship with their
customers
339 The term product ……… refers to a reduction in sales volume , sales revenue or market share of one
product resulting directly from a new product by the same producer
340 PLM is the process of managing the entire …….of a product from its conception ,through design and
manufacture to service and disposal
341 PLM integrates peoples ,data ,process and ………………….. and provides a product information
backbone for companies and their extended supply chain networks
342 PLM systems are a collection of ……….. and methods integrated together to address either single
stages of the lifecycles ,connect different tasks or manage the whole process
343 PLM system have helped consumers.............. companies to continually drives …….. through
packaging and labelling innovation and design
344 Such companies are able to effectively ............and ......................... products that are targeted for
regional promotions or consumer preferences
345 SLA are an important parts of an .....................agreement They set agreed on metrics for service
levels between the two contracting parties
346 The SLA should also define the circumstances in which poor ................. would give the customers
the right to terminate the agreements
347 The process and procedures for ............... the outsourcing agreements need to be well defined
348Typically ,this portions of an................. will set out the maximum duration of the termination period
during which the outsourcing partner is required to provide defined termination
349 Provisionfo.................... an outsourcing agreements also usually address the return to the customer
of assets ,data ,and records
350 This issue is particularly crucial in the case of ................ to foreign countries
351 Where legal and regulatory .............. may be reduced or significantly different than those in force
domestically
352 Te third- party logistics providers are firms that provide service to customers of outsourced logistics
services for part or all of their supply chain management functions
353 Third party logistics providers typically specialise in .........operations , warehousing ,and
transportation service
354 These services go beyond logistics and included value –added services related to the production or
procurements of goods ,which are services that integrates parts of the supply chain this case ,the
providers may be called ....... supply chain management providers
355Without the ..............,process ,or organizational management structures ,there is a great risk of
failure
356 Companies have built global ................ to buy ,transport ,store ,manufacture ,sells and distribute
products in a single worldwide markets
357 Strategic questions that should be addressed to design a ............... and efficient global supply chain
358 SCM is the integration of business process that provides products , service and information that add
value for customers
359 SCM is the management of all key business processes across the supply chain
360 The physical supply channel is the time and space gap between a firms immediate material sources
and its manufacturing facilities
361 The physical distribution channel is the time and space gap between the firms manufacturing
facilities and its customers
362 The reverse logistics channel may use all or a portion of the forward logistics channel or it may
require a separate design
363 Customer service is a process for providing significant value-added benefits to the supply chain in a
cost-effective way
364 Transportation is also required for the physical distribution of products , as well as to return
products and wastes to the company
365 Transportation and inventory management are the highest cost logistics activities
366 Inventory management is concerned with specifying the size and placement of stocked goods
367 Procurement can be used as a business tool to find new ways and opportunities to reduce costs and
enhance profitability and cash flow
368 Warehousing activity is an important link between the producer and the customer
369 Material handling is the general term used to describe the movement of materials with an
organisation
370 The production or manufacturing process produces and supplies products to distribution channel
based on forecast for product demand
372 Information management is the collection and management of information from one or more
sources
373 Transportation is a vital part of supply chain because all manufactures must transport the raw
materials they use in production
374 Physical distribution is often aligned with marketing and forms an important link with a company’s
downstream supply chain activities
375 The target of SCM is to minimize entire costs , including raw materials , work in process ,
transportation and distribution of the finished goods
376 SCM also extends to a manufacture’s suppliers and other external firms involved in the production
and sale of its goods
377 CRM is a widely implemented model for managing a company’s interaction with customers , clients
and sales prospects
378 CRM assumes that all employees are engaged in customer service on some levels and are dedicated
to meeting customer needs
379 Order fulfilment is the complete process from point of sale inquiry to delivery of a product to the
customer
380 Manufacturing flow management is the SCM process that include all activity necessary to obtain ,
implement and manage manufacturing flexibility
381 A transportation management system is a subset of SCM concerning transportation operation and
may be part of an enterprice resource planning system
382 Procurement is the acquisition of goods or services with the goal of meeting the purchaser’s needs
for quality , quantity , time and location at the best possible cost
383 ERP system integrate internal and external management information across an entire organization ,
including finance /accounting , manufacturing etc
384 Demand forecasting is the activity of estimating the quantity of a product or service that consumer
will purchase
385 Demand forecasting involves quantitative methods , such as the analysis of historical sales data or
current data from test market
386 Market share may be measured as the percentage of the market a company occupies through its
sales
387 Demand forecasting considers the impact of market share on demand for a company’s products
over a period of time
388 The supply chain is a dynamic system in which customer demand and supplier capabilities change
over time
389 Inventory management is primarily about specifying the amount and type of stocked goods
390 389 Inventory management is primary objectives of determining and controlling inventory levels
within the physical distribution system
391 Inventory management controls and reduce inventory holding and handling costs
392 Agile manufacturing means that the production process is designed to respond quickly to changes in
information from the market or customer demand
393 Lean manufacturing reduces the requirement for supply chain robustness by stabilizing demand
through the use of market knowledge and advance planning
394 The buy to order strategy is suitable in situation where all products are unique and not necessarily
contain the same raw materials
395 The make to order supply chain can change to accommodate the production of different products as
long as they are produced from the same raw materials
396 The assemble to order supply chain , product customisation is postponed until as late as possible
397 In make to stock and ship to stock supply chain , a quantity of a standard product is produced
according to sales forecast and sold to the customer from finished goods stock
398 A make to stock supply chain can cope with demands in various markets
399 A ship to stock supply chain is best suited to providing a standard product at fixed locations
400 Outsourcing is the process of contracting an existing business process which an organisation
previously performed internally to an independent organisation
401 Outsourcing offers the opportunity for organisation to use the best logistics providers available to
meet their needs
403 Managing the actual offshore relationship is also a major additional and sometimes unforeseen cost
404 Third party logistics providers typically specialise in integrated operation ,warehousing and
transportation services
405Companies have built global supply chain to buy , transport , store , manufacture , sell and distribute
products in a single worldwide market
406A well thought – out global supply chain can optimize the flow of materials through the supply chain
network
407 Strategic questions that should be addressed to design a cost effective and efficient global supply
chain
408 Direct delivery of products can enable companies to reduce lead times , reduce costs to customers ,
improve their relationship with customers etc
409 Direct or just in time deliveries require that smaller deliveries be made more frequently
410 Commodification of product and services occurs as they loss differentiation in the market place
411 Companies acquire the intellectual capital needed to produce the good or provide the service
412 PLM is the process of managing the entire lifecycle of a product from its conception through design
and manufacture , to service and disposal
413 PLM system are a collection of software tools and methods integrated together to address either
single stages of the lifecycle
414 PLM systems help organisation to cope with the increasing complexity and engineering challenges
of developing new products
415 PLM system have helped consumer goods companies to continually drive demand through
packaging and labelling innovation and design
416 Strategic partnership between suppliers and buyers are being forged to help both parties reduce
their costs
417 The ultimate goal collaboration is to make better management decisions and to ultimately decrease
supply chain costs
418 UTC is a diversified company that provides a broad range of high – technology products and service
to the global aerospace and building system industries
419