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LSCM Week 9 > ERP, RFID, BI and Technology Adoption Process > Flashcards

ERP, RFID, BI and Technology Adoption Process Flashcards

1
Q

What is ERP?

A

An integrated software facilitating information management for all enterprise functions including (HR, Finance, Accounting, Marketing, Sales, procurement and manufacturing) through a central database.

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2
Q

What are the advantages of ERP?

A. Added visibility reduce supply chain inventories

B. Helps to standardize manufacturing processes

C. Measure performance & communicate via a standardized method

D. All of the above

A

A. Added visibility reduce supply chain inventories

B. Helps to standardize manufacturing processes

C. Measure performance & communicate via a standardized method

D. All of the above

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3
Q

What are the disadvantages of ERP?

A. Substantial time & capital investment

B. Complexity

C. All of the above

A

A. Substantial time & capital investment

B. Complexity

C. All of the above

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4
Q

When adopting an Enterprise Resource Planning (ERP) solution, businesses have several choices to consider based on their specific needs and preferences. Each of these ERP solution adoption choices has its advantages and drawbacks, and the decision should be based on factors such as

A. Budget

B. Company size

C. Industry

D. Scalability requirements

E. IT capabilities

A

A. Budget

B. Company size

C. Industry

D. Scalability requirements

E. IT capabilities

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5
Q

What is Best-of-Breed in ERP?

A

Pick the best application for each individual function in the supply chain.

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6
Q

What drawback may occur when picking the Best-of-breed?

A

Software may not integrate well but this may not be a major issue in future

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7
Q

What is Single intergrator solution in ERP?

A

Pick all the desired applications from a single vendor.

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8
Q

What drawback may occur when picking Single Integrator Solution?

A

Cost-effective, but may not be a 100% complete supply chain fit solution (one size does not fit all)

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9
Q

What is RFID?

A

RFID is a generic technology concept that refers to the use of radio waves to identify objects , store object information such as a product serial number, and transmit object information to a RFID reader, which transforms the information on the RFID tag to a format understandable by computers (Angeles, R. 2005).

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10
Q

Which are the benefits of RFID?

A. Goods automatically counted and logged as they enter the supply warehouse

B. Assembly instructions encoded on RFID tag provide information to computer controlled assembly devices

C. Shipment leaving distribution centers automatically updates ERP to trigger a replenishment order and notify customer for delivery tracking

D. No check out lines as scanners link RFID tagged goods in shopping cart with buyers credit card

A

A. Goods automatically counted and logged as they enter the supply warehouse

B. Assembly instructions encoded on RFID tag provide information to computer controlled assembly devices

C. Shipment leaving distribution centers automatically updates ERP to trigger a replenishment order and notify customer for delivery tracking

D. No check out lines as scanners link RFID tagged goods in shopping cart with buyers credit card

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11
Q

What is BI?

A

Business Intelligence (BI) refers to the process of gathering, analyzing, and transforming raw data into actionable insights to support informed decision-making in businesses and organizations

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12
Q

BI tools build upon traditional reports and outputs to provide managers capabilities to analyze trends and problems.

A. True

B. False

A

A. True

B. False

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13
Q

In addition to data collection and analysis capabilities, BI tools also support performance measurements, e.g., scorecard versus goals.

A. True

B. False

A

A. True

B. False

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14
Q

What are the benefits of BI?

A. Real-time insights

B. Performance-tracking

C. Broader data analysis

D. Clear visualizations

E. All of the above

A

A. Real-time insights

B. Performance-tracking

C. Broader data analysis

D. Clear visualizations

E. All of the above

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15
Q

Due to mergers and acquisitions in
the software industry and ERP vendors moving into the supply chain applications market space, it is possible to purchase supply chain software suites that combine planning, execution, event management, and related
capabilities.

A. True

B. False

A

A. True

B. False

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16
Q

Technological capabilities ultimately determine the success or failure of SCIS, rather than the technology users.

A. True

B. False

A

A. True

B. False

17
Q

ERP systems are multimodal application software platforms that help organizations manage the important parts of their businesses.

A. True

B. False

A

A. True

B. False

18
Q

IoT is unconnected technology with sensors, on/off switches, and internet linkages that allow supply chain managers to intelligently link people, processes, data and things.

A. True

B. False

A

A. True

B. False

19
Q

The term supply chain information system (SCIS) is defined as
A. Process management software that may or may not use ASP applications.

B. Software that manages the supply chain.

C. Information systems that automate the flow of information between a firm and its suppliers.

D. Technology that has enhanced the ability of companies to pay more attention to customers.

A

A. Process management software that may or may not use ASP applications.

B. Software that manages the supply chain.

C. Information systems that automate the flow of information between a firm and its suppliers.

D. Technology that has enhanced the ability of companies to pay more attention to customers.

20
Q

ERP systems …
A. Require RFID to be fully functional.

B. Have information elements needed by SCIS applications.

C. Focus primarily on manufacturing issues

D. Are taking the place of SCIS systems.

A

A. Require RFID to be fully functional.

B. Have information elements needed by SCIS applications.

C. Focus primarily on manufacturing issues

D. Are taking the place of SCIS systems.

21
Q

is/are a major barrier to the effective use of information technology.

A. Management support

B. People

C. Cost

D. Effective applications

A

A. Management support

B. People

C. Cost

D. Effective applications

22
Q

Due to mergers and acquisitions in the software industry and ERP vendors moving into the supply chain applications market space, it is possible to purchase

A. Event management tools that monitor the supply chain for events that are out of tolerance

B. Spreadsheet software with expanded capabilities

C. Supply chain software suites that combine planning, execution, event management, and related capabilities

D. Best of breed solutions from leading providers in each category

A

A. Event management tools that monitor the supply chain for events that are out of tolerance

B. Spreadsheet software with expanded capabilities

C. Supply chain software suites that combine planning, execution, event management, and related capabilities

D. Best of breed solutions from leading providers in each category

23
Q

“It has been said that information is the lifeline of a business, driving effective decisions and action. Quality of information is less and less important, given advances in technology.”

A. True

B. False

A

A. True

B. False

LSCM Week 9 (3 decks)

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