Distribution

Question 1

Value is created by 5 critical flows (5)

Answer 1

Information
Product
Service
Financial
Knowledge

Question 2

Levels of Supply Chain information systems (4)

Answer 2

1. Transaction systems
2. Management control
3. Decision analysis
4. Strategic planning

Question 3

Types of Supply Chain information systems (4)

Answer 3

1. ERP
2. Communication systems
3. Execution systems
4. Planning systems

Question 4

The rapid emergence of supply chain relationships is being driven by (4)

Answer 4

1. Integrated management and sypply chain processes
2. Responsiveness
3. Financial sophistication
4. Globalization

Question 5

What is Communication technology?

Answer 5

The hardware and techical software that facilitates information exchange between systems and physical infrastructure within the firm and between partners

Question 6

Three important facets of supply chain (3)

Answer 6

1. Collaboration
2. Enterprise Extension
3. Integrated service providers (ISP)

Question 7

Anticipatory business model

Answer 7

Push

Question 8

Responsive business model

Answer 8

Pull

Question 9

Two types of postponement (2)

Answer 9

1. Manufacturing / form postponement

2. Geograpic / logistics postponement

Question 10

Three aspects of financial sophistication (3)

Answer 10

1. Cash-to-cash conversion
2. Dwell time minimization
3. Cash spin

Question 11

Dwell time minimization

Answer 11

The ratio of time that an asset is not gaining any value to the time required to satisfy its designated supply chain mission

Question 12

Advantages of globalization (2)

Answer 12

1. Large sales potential

2. Operating efficiency

Question 13

Different stages of globalization (3)

Answer 13

1. Import and export operations
2. Firm’s establishment of local presence in foreign nations and trading areas
3. Full-fledged conduct of business operations within and across international boundaries

Question 14

Differerences between national and international logistics (4)

Answer 14

1. The distance to order-to-delivery operation is longer
2. Documentation of business transaction is more complex due to laws and regulations
3. There is more diversity in work practices and local operating environment
4. How consumers demand products is different due to cultural variations

Question 15

The basic logistical performanced in measured in terms of … (3)

Answer 15

1. Inventory availability
2. Operational performance
3. Service reliability

Question 16

The five functions of logistics that must be succesfully implemented (5)

Answer 16

1. Order processing
2. Inventory
3. Warehouse Materials Handling Packaging
4. Facility Network
5. Transportation

Question 17

The fundamental factors of transporation

Answer 17

1. Cost
2. Speed
3. Consitency

Question 18

The inventory flow can be divided into three areas (3)

Answer 18

1. Customer relationship managment (CRM)
2. Manufacturing
3. Procurement

Question 19

Six operational objectives that need to be achieved at the same time in order to achieve logistical intergration in the supply chain (6)

Answer 19

1. Responsiveness
2. Variance Reduction
3. Inventory Reduction
4. Shipment Consolidation
5. Quality
6. Life Cycle support

Question 20

Three utilized structes for logistical operating arrangements (3)

Answer 20

1. Echelon
2. Direct
3. Combined