Exam 2 - Chapter 12

Question 1

components of a supply chain is ______

Answer 1

value adding

Question 2

Why do you want one supplier?

Answer 2

• quality is consistent. so you have to check the level of quality every time you order
• it can be directly shipped

Question 3

Plan:

Answer 3

Plan: developing a strategy that balances resources with requirements.

Question 4

Source:

Answer 4

Source: procuring goods and services to meet planned or actual demand.

Question 5

Make:

Answer 5

Make: transforming goods and services to a finished state to meet demand.

Question 6

Deliver:

Answer 6

Deliver: managing orders, transportation, and distribution.

Question 7

Return: .

Answer 7

Return: customer returns, maintenance, dealing with excess goods.

Question 8

Every company does each part of the _____ Model

Answer 8

SCOR (supply chain operation reference model)

Question 9

Purchasing/Sourcing

Answer 9

Obtaining raw materials, manufactured parts, subassemblies, 3PLs
Global sourcing is more complex
Interface between suppliers and internal production function
Goals include provide uninterrupted flow of materials and parts, supplier development, evaluate market and supply conditions, etc

Question 10

Logistics

Answer 10

Transportation services, warehousing, inventory management

Question 11

Purchasing/Sourcing

[not sure if we have to learn]

Answer 11

Obtaining raw materials, manufactured parts, subassemblies, 3PLs
Global sourcing is more complex
Interface between suppliers and internal production function
Goals include provide uninterrupted flow of materials and parts, supplier development, evaluate market and supply conditions, etc

Question 12

Logistics

[not sure if we have to learn]

Answer 12

Transportation services, warehousing, inventory management

Question 13

Rail

Answer 13

• Railroads have handled the largest number of ton-miles in the US
• Efficient for handling large tonnage over long distances

Question 14

Motor (Road)

Answer 14

Very flexible, handle door-to-door delivery

Question 15

Water

Answer 15

• Oldest mode of transportation, can handle extremely large shipments
• Ranked between rail and motor in terms of fixed cost

Question 16

Pipelines

Answer 16

• Handle ~ 70% of all crude and petroleum ton-mile movements

- Extremely high fixed cost, though low variable cost to operate

Question 17

Multimodal

Answer 17

two or more modes of transportation

Question 18

rails carry _____ ____ ______

Answer 18

heavy bulk items

Question 19

which is the most expesnive modes of transportation to start (important)

Answer 19

rail

Question 20

in order to start a railroad you need what two things

Answer 20

tracks and also the land

Question 21

which one is more flexible

Answer 21

motor

Question 22

co-managed inventory

Answer 22

you have your supplier managing your inventory

- both the buyer and supplier manage the inventory

Question 23

bullwhip effect

Answer 23

results from order amplification in the supply chain: a phenomenon that occurs when each member of a supply chain “orders up” to buffer its own inventory

Question 24

certified supplier:

Answer 24

supplies material of such quality that routine testing on each lot received is unnecessary

Question 25

_____ is a good example of customization

Answer 25

dell

Question 26

A ______ _____ is a firm that specializes in certain types of goods-producing activities, such as customized design, manufacturing, assembly, and packaging, and works under contracts for end users

Answer 26

contract manufacturer

Question 27

____ ____ _____ (____) is a term used for companies that design, test, manufacture, distribute, and provide return/repair services for electronic components and assemblies for original equipment manufacturers (OEMs). Some of the major global EMS contract manufacturers are Flextronics International Ltd., Solectron, Jabil Circuit, Hon Hai Precision Industrial, Celestica Inc., and Sanmina-SCI Corporation.

Answer 27

Electronic manufacturing services (EMS)

Question 28

______ can offer significant competitive advantages, such as access to advanced manufacturing technologies, faster product time-to-market, customization of goods in regional markets, and lower total costs resulting from economies of scale.

Answer 28

Outsourcing to contract manufacturers

Question 29

______ providers provide integrated services that include packaging, warehousing, inventory management, and inbound/outbound transportation

Answer 29

Third-Party Logistics (3PL3PL)