Ch 13 Supply Chain Process Integration Flashcards

1
Q

what does process integration mean

A

sharing info and coordinating resources to jointly manage a process or

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2
Q

what are the 8 key supply chain business processes

A
crm
csm
demand mngt
order fulfillment
manufacturing flow mngt
supplier relationship mngt
product development & commercialization
returns mngt
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3
Q

Is it necessary to have internal performance measures for each of the supply chain
business processes?

A

yes . formation of cross-functional teams
mngt support & resources
erp system

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4
Q

Which should come first—internal process integration or external process integra-
tion?

A

internal

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5
Q

What are knowledge management solutions

A

forecast info, new products & expansion plans

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6
Q

how can knowledge management solutions support a firm’s sup-

ply chain integration efforts

A

enable real time collaboration and flow of info betwn supply chain partners

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7
Q

How can RFID tags help to enable external process integration?

A

rfid tags relays products location as it moves through the sc

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8
Q

Why is visibility so important when integrating processes?

A

w/o visibility, extra time must be spent to update data causing higher inventory cost and longer response times

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9
Q

Define the bullwhip effect

A

forecasts & their corresponding orders along the sc can become amplified and accumulate

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10
Q

Why should reducing the length of the supply chain also reduce the bullwhip effect?

A

reduce the lead times from order to delivery

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11
Q

What is everyday low pricing

A

eliminate price discounting

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12
Q

how does everyday low pricing impact the bullwhip effect

A

re

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13
Q

rationing

A

demand exceeds the availability, supplier provides partial supply to customers

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14
Q

shortage gaming

A

production capacity equals demand, demand then drops, as buyers try to unload excess inventories

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15
Q

emergency sourcing

A

identify backup suppliers and logistics services

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16
Q

stockpiling and forward buying

A

safety stocks