Supply Chain Management 11/12 - Business Models and Processes 2

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Marco Kofel

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Marco Kofel

About these flashcards

This flashcard set delves into the intricacies of supply chain management, focusing on key performance indicators (KPIs), inventory control, and cost tracking. It explores various types of KPIs, their classifications, and their impact on supply chain performance and financial statements. The flashcards also cover strategic and operational KPIs, the bullwhip effect, and the importance of controlling inventories, freight costs, and material prices. This set is ideal for university students studying macro-economics, as it provides a comprehensive understanding of how to measure and improve supply chain efficiency and profitability.

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English

Cartes-fiches

To which supply chain level belongs the following KPI: Time-to-Market SC

Network KPI

Internal KPI

To which supply chain level belongs the following KPI: Cost per Order

Network KPI

Internal KPI

To which supply chain level belongs the following KPI: Inventory

Network KPI

Internal KPI

To which supply chain level belongs the following KPI: Cash-to-Cash-Cycle

Network KPI

Internal KPI

To which supply chain level belongs the following KPI: Total delivery time SC

Network KPI

Internal KPI

To which supply chain level belongs the following KPI: Customer contacts SC

Network KPI

Internal KPI

Which statements regarding Controlling of Inventories are true?

Inventories have a direct impact on the balance sheet; for example, through changes in quantity.

Inventories have a direct impact on the income statement; for example, through calculated interest.

Inventories have an indirect impact on the income statement; for example, through calculated interest.

Inventories have a direct impact on the income statement; for example, through inventory carrying (warehousing) costs.

Which statements regarding KPIs are true?

A benchmark describes the "where": Benchmark as an indication of location .

A KPI describes the "How": KPI as "Navigation system" to improve the benchmark.

Key Figures (indicators) enable individual processes to be linked to each other.

Viewed in isolation, KPIs have little meaning. In internal or external comparisons they gain in importance.

Which statements regarding Controlling the Supply Chain are true?

Controlling has the task of ensuring the supply of information to (supply chain) management.

Controlling is responsible for the execution of all supply chain activities.

Controlling, as a subsystem of management, focuses on information regarding all activities within the supply chain (management, planning, steering and controlling).

Controlling is the regulator, management is the regulated system.

Which statements regarding Controlling of Inventories are true?

Through value adjustments, net inventories become gross inventories.

In financial analyses a distinction must be made between gross and net inventories.

A value adjustment of inventories has an impact on the balance sheet.

A value adjustment of inventories has an impact on the income statement.

Which statements regarding Cost Tracking in the Supply Chain are true?

Cost Tracking in the supply chain can apply to material price.

Cost Tracking in the supply chain can apply to freight costs or inventory.

For cost tracking, a forecast is first created before the actual values are derived from it.

Cost Tracking is often integrated into a reporting system.

Which type of KPI is the following KPI: Inventory

Strategic

Operative

Which type of KPI is the following KPI: Service Level

Strategic

Operative

Which type of KPI is the following KPI: Cost per Order

Strategic

Operative

Which type of KPI is the following KPI: Customer contacts SC

Operative

Strategic

Which type of KPI is the following KPI: Delivery flexibility

Operative

Strategic

Which type of KPI is the following KPI: Time-to-Market SC

Strategic

Operative

Which type of KPI is the following KPI: Total delivery time SC

Operative

Strategic

Which type of KPI is the following KPI: Cash-to-Cash-Cycle

Strategic

Operative

Which statements regarding Controlling the Supply Chain are true?

Controlling includes the effects of inventories, freight costs and material prices on the balance sheet and income statement.

Controlling focuses on freight costs and material prices, as these have a direct impact on the balance sheet.

Controlling checks the balance sheet and income statement.

Controlling focuses on inventories, as these primarily affect the income statement.

Which statements regarding Controlling of Inventories are true?

A reduction in inventories has a direct impact on the income statement.

Inventories also represent an investment, because capital is tied up in them.

A reduction in inventories has a positive impact on cash flow.

Inventories directly impact the balance sheet.

Which statements regarding Relative KPIs are true?

A classification ratio is, for example, the absolute market share in %.

A relative ratio is, for example, the sales per employee and period.

An indexed number is, for example, the absolute market share in %.

A relative ratio is, for example, the absolute market share in %.

Which statements regarding Key Performance and Cost Indicators are true?

Cost KPIs focus on compliance with quantitative specifications.

Cost KPIs focus on compliance with time and quality requirements.

Performance indicators focus on compliance with quantitative requirements.

Performance indicators focus on compliance with time and quality requirements.

Which statements regarding Performance and Cost Indicators are true?

"Throughput time" is a typical performance indicator.

"Set-up time" is a typical cost KPI.

"Scrap rate" is a typical performance indicator.

"Recall costs" is a typical cost KPI.

Which statements regarding Strategic and Operational KPIs are true?

Operative Key Performance Indicators (KPIs) primarily measure effectiveness.

Strategic indicators (KPIs) only measure efficiency.

Network KPIs can be strategic or operational.

Strategic indicators (KPIs) measure long-term effects.

Which statements regarding KPIs are true?

KPIs (KPIs) generally have the function of providing fast and meaningful information about business management issues.

Supply chain metrics now target not only your own organization, but the entire value chain.

Key Figures provide a representation of quantitatively ascertainable facts in concentrated form.

Viewed in isolation and internally, KPIs have a high informative value. In external comparison they lose importance.

Which statements regarding Controlling of Inventories are true?

Inventories have an indirect impact on the income statement, for example, through inventory carrying costs.

Inventories have an indirect impact on the income statement, for example, through calculated interest.

Inventories have an indirect impact on the balance sheet, for example, through changes in quantities.

Inventories have an indirect impact on the balance sheet, e.g. through calculated interest.

Which statements regarding Controlling of Freight Costs and Material Prices are true?

Freight Costs and Material Prices have a 100% impact on the income statement.

Freight Costs and Material Prices have a 100% impact on inventory.

Freight Costs and Material Prices are reported as part of inventory.

Freight Costs and Material Prices are either shown separately or as part of the manufacturing costs.

Which statements regarding Strategic and Operational KPIs are true?

Operative KPIs measure long-term effectiveness.

Strategic KPIs measure short-term efficiency.

Network KPIs measure only the effectiveness of the internal supply chain network.

Network KPIs address the entire supply chain, for example, "Throughput Time SC"

Which statements regarding the Typology of KPIs are true?

"Quality and service KPIs" are not available in the "Output" area.

"Quality and service KPIs" are not available in the "Input" area.

The KPI typology divides KPIs into the types "generic KPIs," "KPIs for productivity and profitability evaluation" and "quality and service KPIs."

The KPIs in the KPI typology are not equally relevant for all industries.

Which statements regarding KPIs are true?

A KPI describes the "where": KPI as indication of location.

A KPI shows where a company stands, but it does not show the path to a best practice situation.

A benchmark describes the "How": Benchmark as a "navigation system" to improve the KPIs.

A KPI shows where a company stands; it shows the path to a best practice situation.