Supply Chain Management 1/12 - Introduction

Supply Chain Management 1/12 - Introduction

Supply Chain Management 1/12 - Introduction

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Marco Kofel

Marco Kofel

Set of flashcards Details

Flashcards	37
Students	17
Language	English
Category	Macro-Economics
Level	University
Created / Updated	11.10.2021 / 10.01.2024
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The supply chain strategy must define the desired value creation. In that case, which of the following questions are true?

Which suppliers may be considered for the company?

How much outside capital must the company secure?

Does the company offer only one product or also additional services, such as refilling the customer's warehouse?

Which quantities does the company strive for (few, many)?

Which suppliers may be considered for the company?

How much outside capital must the company secure?

Does the company offer only one product or also additional services, such as refilling the customer's warehouse?

Which quantities does the company strive for (few, many)?

Which statements regarding the definitions of the term «Supply Chain» are true?

A «single-stage Supply Chain» depicts only the direct customer relationships.

The organizations-related view of a Supply Chain is, among other things, a stringing together of organizational units within a company, which produce goods and services for customers and delivers these as well.

The organization-related view of a Supply Chain is a chain of supplier processes, which produce goods and services for customers and deliver these as well.

A «single-stage Supply Chain» depicts only the direct customer relationships.

The organizations-related view of a Supply Chain is, among other things, a stringing together of organizational units within a company, which produce goods and services for customers and delivers these as well.

The organization-related view of a Supply Chain is a chain of supplier processes, which produce goods and services for customers and deliver these as well.

Does the following statement belongs to the term "Supply Chain" or "Supply Chain Management"?

"Integrative functional area, responsible for linking major business functions and processes, both within a company as well as with other companies."

Supply Chain

Supply Chain Management

Supply Chain

Supply Chain Management

Does the following statement belongs to the term "Supply Chain" or "Supply Chain Management"?

"Has the central task of balancing requirements and costs between the supply side and the demand side."

Supply Chain

Supply Chain Management

Supply Chain

Supply Chain Management

Does the following statement belongs to the term "Supply Chain" or "Supply Chain Management"?

"Captures all components that flow through the supply chain."

Supply Chain

Supply Chain Management

Supply Chain

Supply Chain Management

Does the following statement belongs to the term "Supply Chain" or "Supply Chain Management"?

"Monitors, measures, and controls the entire flow of material, services, information, and financial resources."

Supply Chain

Supply Chain Management

Supply Chain

Supply Chain Management

Does the following statement belongs to the term "Supply Chain" or "Supply Chain Management"?

"Includes the processes along the product life cycle, such as the processes for moving of products."

Supply Chain

Supply Chain Management

Supply Chain

Supply Chain Management

Which statements regarding the definitions of the term «Supply Chain» are true?

In a «multiple-stage Supply Chain» the complexity increases disproportionately with increasing number of stages.

In a «multiple-stage Supply Chain» companies deal with, at least, six stages.

Companies mostly have sufficient resources to monitor a «Supply Chain» throughout all stages.

A «multiple-stage Supply Chain», in the extreme, depicts all stages, from the raw materials through to the disposal resp. recycling of used or obsolete products

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In a «multiple-stage Supply Chain» the complexity increases disproportionately with increasing number of stages.

In a «multiple-stage Supply Chain» companies deal with, at least, six stages.

Companies mostly have sufficient resources to monitor a «Supply Chain» throughout all stages.

A «multiple-stage Supply Chain», in the extreme, depicts all stages, from the raw materials through to the disposal resp. recycling of used or obsolete products

Which statements regarding the "Compensatory Law of Planning" are true?

The economic "Compensatory Law of Planning" was alread in the past cross-company oriented

The economic "Compensatory Law of Planning" applies today to the entire, inter-company supply chain

Sales plans will be audited, based upon the "Compensatory Law of Planning," regarding their feasibility

Sales plans receive a high degree of forecasting accuracy thanks to the "Compensatory Law of Planning

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The economic "Compensatory Law of Planning" was alread in the past cross-company oriented

The economic "Compensatory Law of Planning" applies today to the entire, inter-company supply chain

Sales plans will be audited, based upon the "Compensatory Law of Planning," regarding their feasibility

Sales plans receive a high degree of forecasting accuracy thanks to the "Compensatory Law of Planning

Which statements regarding the «Characteristics of a Value Network» are true?

Value Network has the main objective to be able to quickly and flexibly react to supply bottlenecks

A Value Network is oriented towards the competitive factors time and flexibility

A Value Network describes a business model that utilizes digital Supply Chain concepts

A Value Network has the main objective to be able to quickly and flexibly react to customer requirements

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Value Network has the main objective to be able to quickly and flexibly react to supply bottlenecks

A Value Network is oriented towards the competitive factors time and flexibility

A Value Network describes a business model that utilizes digital Supply Chain concepts

A Value Network has the main objective to be able to quickly and flexibly react to customer requirements

Which statements regarding a «Supply Chain» are true?

The Supply Chain is the implementation of the Logistics Concept

The term «Supply Chain» is much more narrowly defined as the term «Logistic Chain»

«Logistics» and «Supply Chain» are Synonyms

A Supply Chain includes, in addition to Logistics, also the corresponding money and information flows.

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The Supply Chain is the implementation of the Logistics Concept

The term «Supply Chain» is much more narrowly defined as the term «Logistic Chain»

«Logistics» and «Supply Chain» are Synonyms

A Supply Chain includes, in addition to Logistics, also the corresponding money and information flows.

Which statements regarding the interaction of supply chain strategy, supply chain processes, and information technology are true?

In a bottom-up approach networked information systems enable innovative integrated processes

In the top-down approach, the information systems are designed according to the requirements of the processes

In a bottom-up approach new, innovative, information systems are derived from networked business models

In the top-down approach, the required processes are derived from the strategy and implemented

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In a bottom-up approach networked information systems enable innovative integrated processes

In the top-down approach, the information systems are designed according to the requirements of the processes

In a bottom-up approach new, innovative, information systems are derived from networked business models

In the top-down approach, the required processes are derived from the strategy and implemented

Which statements regarding the "integration concept for designing business processes" are true?

The success of the strategy can be measured directly via the guideline

At the center of the concept are the companies business processes.

At the center of the concept are the companies srrategy and goals.

At the top level of the concept are the goals, the strategy and the guidelines of the company.

The success of the strategy can be measured directly via the guideline

At the center of the concept are the companies business processes.

At the center of the concept are the companies srrategy and goals.

At the top level of the concept are the goals, the strategy and the guidelines of the company.

Which statements regarding the "characteristics of a value network" are true?

A characteristic of a value network is that it is cooperating and is holistic (it is holistic).

A characteristic of a value network is that it is supported by information technology.

A characteristic of a value network is that it has a quick flow of materials and information, but has no cash flow.

A charatcteristic of a value network is that it is oriented toward customers.

A characteristic of a value network is that it is cooperating and is holistic (it is holistic).

A characteristic of a value network is that it is supported by information technology.

A characteristic of a value network is that it has a quick flow of materials and information, but has no cash flow.

A charatcteristic of a value network is that it is oriented toward customers.

Which statements regarding competition of Supply Chains are true?

The continuous globilization requires that companies must holistically plan and optimize their value-adding and logistics processes.

Through the Utilization of earnings potentials in procurement, inventories can be maximized

In todays business environment transparency, efficiency and speed are also key factors for success

The continuous globilization requires that companies must holistically plan and optimize their value-adding and logistics processes.

Through the Utilization of earnings potentials in procurement, inventories can be maximized

In todays business environment transparency, efficiency and speed are also key factors for success

Which statements regarding the goals of digital networking in e-business are true?

One goal is the avoidance of repeated acquisition or input of the same data.

One goal is the integration of value-adding partners.

One goal is to involve suppliers, especially subcontractors, more closely in the operational process.

One goal is to outsource customer care and, thus, virtually bind customers to the company.

One goal is the avoidance of repeated acquisition or input of the same data.

One goal is the integration of value-adding partners.

One goal is to involve suppliers, especially subcontractors, more closely in the operational process.

One goal is to outsource customer care and, thus, virtually bind customers to the company.

Within a Supply Chain strategy, the desired added value must be defined. Which questions about this are true?

How far does the vertical range of manufacturing extend?

With which products and services will the company enter into competition?

Will the company offer a standard product in a single version for all customers or customized product series?

Which customers does the company wish to address with its products?

How far does the vertical range of manufacturing extend?

With which products and services will the company enter into competition?

Will the company offer a standard product in a single version for all customers or customized product series?

Which customers does the company wish to address with its products?

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