Parcial

Question 1

procurement

Answer 1

Refers to the supplies bought from outside organizations to support a company´s operations

Question 2

Procurement is an important activity and closely related to

Answer 2

logistics because acquired goods and services must be entered into the supply chain in the exact quantities and at the precise time they are needed.

Question 3

Procurement objectives

Answer 3

Procurement has become more strategic in nature, its primary objective is no longer to only achieve the lowest possible cost of supply

Question 4

objectives

Answer 4

• Supporting organizational goals & objectives
• Managing the purchasing process effectively and efficiently
• Managing the supply base
• Developing strong relationship with other functional groups
• Supporting operational requirements

Question 5

Supplier selection framework

Answer 5

1. Identify need for supply
2. Situation Analysis
3. Identify and Evaluate Potential Suppliers
4. Select Supplier
5. Evaluate Decision

Question 6

Situation Analysis

Answer 6

-Internal factors (supply policies)
-External factors (legal issues)

Question 7

Identify and Evaluate Potential Suppliers

Answer 7

-Sources of potential information
-Establish selection criteria
-Assign weights to selection criteria

Question 8

Select Supplier

Answer 8

Consideration of company policies (usage of minority suppliers)

Question 9

Evaluate Decision

Answer 9

Compare actual and expected performance

Question 10

Top seven benefits to e-procurement process

Answer 10

1. Reduced Costs
2. Transparent Spending
3. Increased Productivity
4. Eliminating Paperwork
5. Increased Transaction Speed
6. Standardized Buying
7. Reduced Errors

Question 11

E- Procurement process

Answer 11

Reduced Costs
Transparent Spending
Increased Productivity
Eliminating Paperwork
Increased Transaction Speed
Standardized Buying
Reduced Errors

Question 12

Reduced Costs

Answer 12

E-Procurement saves you money by preventing duplicate spending and saving you costs associated with paper based systems

Question 13

Transparent Spending

Answer 13

Electronically conducting your procurement makes it easier to analyze reports on your procurement systems

Question 14

Increased Productivity

Answer 14

Once you have learned the system is less time-consuming dan traditional procurement

Question 15

Eliminating Paperwork

Answer 15

everything can be saved and stored electronically

Question 16

Increased Transaction Speed

Answer 16

Is both time-saving and efficient. As the electronic handling of tasks supports and simplifies the purchasing process, transaction speed is increased

Question 17

Standardized Buying

Answer 17

Conducting purchasing electronically makes it easier for every department to confirm to company procurement standards

Question 18

Reduced Errors

Answer 18

Electronic paperwork is streamlined and thus easier to check for errors-there´s no messy printing to get in the way either

Question 19

Supply chain disruption

Answer 19

Modern supply chains have been adversely impacted by both COVID-19 lockdowns and, more recently, the speed of the economic recovery

Question 20

Supply chain problem cascade

Answer 20

the decisions made and actions taken by each organization affect the performance of the entire supply chain

Question 21

A product shortage at a retail store might be caused by

Answer 21

unsuspected problems such as labor issues, raw material shortages or clogged ports

Question 22

Semiconductor shortages are disrupting the automobile industry

Answer 22

Meanwhile, the cost of moving a container from China to the west coast of North America is estimated to have increased by 650% since before the pandemic

Question 23

The pandemic also revealed the fragility of global supply chain as

Answer 23

U.S. President Joe Biden and others warn of the impact on the world economy of continuing supply-chain bottlenecks

Question 24

Sea ports opportunities

Answer 24

• 24/7 Operation in the Port of Long Beach, CA
• 40% import of USA.
• 81 ships on line.
• Hugh lines of drivers waiting even 6 to 8 hours.
• Trains
• Trucks
• Warehouses are full.
• The Trucks industry is down 80,000 drivers in the US.

Question 25

Supply chain management.

Answer 25

Combination of processes along which products, services, information, and financial transaction move in and between enterprises from original producer to ultimate end-user or consumer

Question 26

Supply chain management flow

Answer 26

Sales and product development
Procurement
Suppliers
Manufacturing
Warehouse
Logistics
Consumers
Shareholders

Question 27

Supply chain participants

Answer 27

Suppliers, producers, distributor, retailers and customers

Question 28

Multsupply

Answer 28

suppliers

Question 29

Multi product

Answer 29

manufacturers

Question 30

multi channel

Answer 30

costumers