Set of flashcards Supply Chain Management 2/12

Flashcards	46
Students	14
Language	English
Category	Macro-Economics
Level	University
Created / Updated	11.10.2021 / 13.06.2023
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Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"strongly automated process"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"Computer with Computer"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather order initiation and processing"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"Computer with humans"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"dialogue-oriented process"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather mass transaction"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather single transaction"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Own approval procedures and workflows"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Transparency thanks to own data management and reporting"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Only one Login is required in a system"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Configuration of products more possible"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Rights of individual users according to the rules of the purchasing organization"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Conditions are current"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Less initial effort for using the system"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Product-specific display of articles more likely"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Which statements regarding Procurement Management are true?

Procurement management is divided into a strategic and an operative area.

Strategic procurement management pursues an increase in purchasing efficiency.

Operational procurement management pursues an optimization of purchasing effectiveness.

Strategic procurement management is primarily long-term oriented.

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Procurement management is divided into a strategic and an operative area.

Strategic procurement management pursues an increase in purchasing efficiency.

Operational procurement management pursues an optimization of purchasing effectiveness.

Strategic procurement management is primarily long-term oriented.

Which statements regarding Supplier Management Processes are true?

The Supplier evaluation is often carried out with a utility value analysis.

The supplier management process is divided into three main sections.

The intensification of supplier relationships has the goal, to operate a genuine and long-term supplier relationship management.

Pooling (supplier containment) refers to primary and secondary sources.

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The Supplier evaluation is often carried out with a utility value analysis.

The supplier management process is divided into three main sections.

The intensification of supplier relationships has the goal, to operate a genuine and long-term supplier relationship management.

Pooling (supplier containment) refers to primary and secondary sources.

Which statements regarding EDI are true?

EDI is a specific standard that describes all standards for the structured exchange of electronic data.

Disadvantages of EDI are high acquisition costs and the time-consuming reconciliation of master data.

Advantages of EDI include the reduction of manual activities, the acceleration of communication processes and the avoidance of multiple data entry.

EDI stands for "Electronic Data Integration".

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EDI is a specific standard that describes all standards for the structured exchange of electronic data.

Disadvantages of EDI are high acquisition costs and the time-consuming reconciliation of master data.

Advantages of EDI include the reduction of manual activities, the acceleration of communication processes and the avoidance of multiple data entry.

EDI stands for "Electronic Data Integration".

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Reduction of transaction and process costs"

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Development of new sales markets through supplier contacts"

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Shortening throughput times through optimized procurement processes"

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Increase of process and product quality"

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Improvement of the relationship with the entire supplier base."

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Promotion of transparency in the procurement processes"

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Reduction of the material purchase prices"

qualitative

quantitative

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qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Efficiency increase in the processes by means of adequate IT systems"

qualitative

quantitative

qualitative

quantitative

Which statements regarding Value Creation in Procurement Management are true?

The higher the purchasing volume in percent of a company's turnover, the higher the dependence on suppliers.

The total return of a company can be significantly influenced by decisions in procurement management.

The Total return of a company can be influenced by decisions in procurement management.

The higher the purchasing volume in percent of sales of a company, the lower the dependency upon suppliers.

The higher the purchasing volume in percent of a company's turnover, the higher the dependence on suppliers.

The total return of a company can be significantly influenced by decisions in procurement management.

The Total return of a company can be influenced by decisions in procurement management.

The higher the purchasing volume in percent of sales of a company, the lower the dependency upon suppliers.

Which statements regarding the SCOR Model are true?

The SCOR model describes four levels: "Top-level," "Organization-level," "Process-Element-level" and "technology level."

At its core, the SCOR model is an ideal and industry-specific approach, in which the processes within a supply chain are described in a uniform manner by the partners.

The SCOR Model was created with the aim to standardize the processes within a supply chain.

The SCOR model describes four levels: "Top-level," "Configuration-level," "Process-Element-level" and "Implementation level."

The SCOR model describes four levels: "Top-level," "Organization-level," "Process-Element-level" and "technology level."

At its core, the SCOR model is an ideal and industry-specific approach, in which the processes within a supply chain are described in a uniform manner by the partners.

The SCOR Model was created with the aim to standardize the processes within a supply chain.

The SCOR model describes four levels: "Top-level," "Configuration-level," "Process-Element-level" and "Implementation level."

Which statements regarding Cooperation Strategies are true?

"First Tier Suppliers" are are direct suppliers with a high level of binding intensity

Suppliers can be categorized, according to their performance potential, into "Black-Box Suppliers", "Detailed-Specification Suppliers" and "Catalog Suppliers".

"Tier 2 Suppliers" have a low binding intensity and are usually directly supply system suppliers.

"Black-Box Suppliers" have a low performance potential; they orient themselves to customer's conditions.

"First Tier Suppliers" are are direct suppliers with a high level of binding intensity

Suppliers can be categorized, according to their performance potential, into "Black-Box Suppliers", "Detailed-Specification Suppliers" and "Catalog Suppliers".

"Tier 2 Suppliers" have a low binding intensity and are usually directly supply system suppliers.

"Black-Box Suppliers" have a low performance potential; they orient themselves to customer's conditions.

Which statements regarding the Procurement of Direct Goods are true?

Procurement is often controlled by a merchandise management or ERP system and can thus achieve high efficiency, a subject of Supply Chain Management

Supplier selection can be carried out via tenders and auctions (e-sourcing and e-auction systems).

Direct Goods are procured as required via manual and expensive procurement processes (product selection, approval, invoice control).

Order processing can be supported by automated electronic data interchange (EDI).

Procurement is often controlled by a merchandise management or ERP system and can thus achieve high efficiency, a subject of Supply Chain Management

Supplier selection can be carried out via tenders and auctions (e-sourcing and e-auction systems).

Direct Goods are procured as required via manual and expensive procurement processes (product selection, approval, invoice control).

Order processing can be supported by automated electronic data interchange (EDI).

Supply Chain Management 2/12 - Procurement Side Basics

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