SCM Final Exam 2020

SCM Final Exam 2020

SCM Final Exam 2020

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Marco Kofel

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Marco Kofel

About these flashcards

This flashcard set delves into advanced supply chain management concepts at the university level, focusing on processes, risk mitigation, and network dynamics. It covers topics like quality management, transaction flows, and sustainability practices, including linear and circular economy examples. The flashcards are designed for students preparing for exams, offering multiple-choice questions on key terms and practical applications in business and service-oriented contexts.

Flashcards

88

Students

4

Language

English

Category

Macro-Economics

Level

University

Created / Updated

24.01.2022 / 21.01.2023

Which statements about Life Cycle Analysis (LCA) in Supply Chain Management (SCM) are true?

With regard to the requirements for the LCA, precise criteria are deliberately omitted so as not to restrict the commitment andflexibility of companies.

The assessment of the "carbon footprint" of products and processes is carried out in 5 steps.

In the event of changes in the supply chain, the "carbon footprint" must be recalculated.

A life cycle assessment examines all elements in the life cycle of a product for possible ecological risks in order to identify weak points, optimization potential and options for action.

With regard to the requirements for the LCA, precise criteria are deliberately omitted so as not to restrict the commitment andflexibility of companies.

The assessment of the "carbon footprint" of products and processes is carried out in 5 steps.

In the event of changes in the supply chain, the "carbon footprint" must be recalculated.

A life cycle assessment examines all elements in the life cycle of a product for possible ecological risks in order to identify weak points, optimization potential and options for action.

Which statements about the "Linear and Circular Economy" are true?

The principle of "disposal before recycling (use or recovery) before avoidance" applies.

From an economic point of view, disposal usually means the final disposal of waste.

One of the problems with reusable systems is that high cleaning and maintenance costs can be incurred.

With regard to residual materials, a distinction can be made between solid output, liquid residue and gaseous output.

The principle of "disposal before recycling (use or recovery) before avoidance" applies.

From an economic point of view, disposal usually means the final disposal of waste.

One of the problems with reusable systems is that high cleaning and maintenance costs can be incurred.

With regard to residual materials, a distinction can be made between solid output, liquid residue and gaseous output.

Which statements about "Sustainability" are true?

Regulatory pressure represents an external driver for sustainability.

When "avoidance" is used as a method to mitigate risk in supply chains, demand fluctuations are accepted.

In the three-pillar model, the three dimensions of economic, ecological and social performance must be alternatively fulfilled in order for an object to be considered to have sustainable performance.

The statement "If it's your supply chain: own it!" means that to ensure sustainability, each company must take responsibility for its own part of the supply chain.

Regulatory pressure represents an external driver for sustainability.

When "avoidance" is used as a method to mitigate risk in supply chains, demand fluctuations are accepted.

In the three-pillar model, the three dimensions of economic, ecological and social performance must be alternatively fulfilled in order for an object to be considered to have sustainable performance.

The statement "If it's your supply chain: own it!" means that to ensure sustainability, each company must take responsibility for its own part of the supply chain.

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Multi-use packaging

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Mustard jars used as drinking glasses

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Street filling material (asphalt additive) from waste glass

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Football pitches made from old tires

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Recycle used glass

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Waste heat from the incinerator to heat public buildings

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Bottles with deposit

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

Reuse

Reutilization (Reprocessing)

Continued Use (Reusage)

Continued Utilization (Recovery)

According to the "Linear and Circular Economy", match the examples given below with the corresponding method:

Production of sound insulating walls from plastic toys

Continued Utilization (Recovery)

Continued Use (Reusage)

Reutilization (Reprocessing)

Reuse

Continued Utilization (Recovery)

Continued Use (Reusage)

Reutilization (Reprocessing)

Reuse

Which statements about definitions of the supply chain according to different approaches are true?

In a Demand Chain, each demand originates from the service recipient

The supplier-centric approach of the supply chain pursues the goal of combining the performance of suppliers in a customer-specific manner.

A functional supply chain is similar to theorganization-related view of the supply chain, ifthe functional areas correspond with theorganizational structure.

In a multi-level supply chain, suppliers of level 1are simultaneously the customers of level 2 ofthe second supplier level.

Keyboard commands:

= turn,

= for-/backward,

= scroll

In a Demand Chain, each demand originates from the service recipient

The supplier-centric approach of the supply chain pursues the goal of combining the performance of suppliers in a customer-specific manner.

A functional supply chain is similar to theorganization-related view of the supply chain, ifthe functional areas correspond with theorganizational structure.

In a multi-level supply chain, suppliers of level 1are simultaneously the customers of level 2 ofthe second supplier level.

Which statements about "Digital Business" and "Supply Chain Management" are true?

In contrast to digital business, supply chain management focuses primarily on supporting activities

The goal of both concepts is to increase effectiveness by integrating workflows across departmental and company boundaries.

At their core, both concepts focus on increasing the value creation of companies

Digital Business focuses primarily on the use of networked information systems

Keyboard commands:

= turn,

= for-/backward,

= scroll

In contrast to digital business, supply chain management focuses primarily on supporting activities

The goal of both concepts is to increase effectiveness by integrating workflows across departmental and company boundaries.

At their core, both concepts focus on increasing the value creation of companies

Digital Business focuses primarily on the use of networked information systems

Which statements about "Virtual Networks" (or "Virtual Enterprises") are true?

Winners in virtual value networks are IT companies in particular.

Virtual networks represent a temporary fusion of core competencies.

Virtual networks are based on (nearly) real-time information exchange.

Virtual networks are strings (or sequences) of digital marketplaces.

Keyboard commands:

= turn,

= for-/backward,

= scroll

Winners in virtual value networks are IT companies in particular.

Virtual networks represent a temporary fusion of core competencies.

Virtual networks are based on (nearly) real-time information exchange.

Virtual networks are strings (or sequences) of digital marketplaces.

Which statements about "ABC and XYZ analyses" are true?

ABC and XYZ analyses are used in inventory management.

X-goods and A-parts are suitable for demand-sychronized procurement or "Just-In-Time".

C-parts are, in general, high-value and are procured in larger quantities.

X-goods have a poor forecast accuracy.

ABC and XYZ analyses are used in inventory management.

X-goods and A-parts are suitable for demand-sychronized procurement or "Just-In-Time".

C-parts are, in general, high-value and are procured in larger quantities.

X-goods have a poor forecast accuracy.

Which statements about Procurement Management are true?

Capturing demand specifications is a task of operational procurement.

The operational part of procurement management is concerned with process efficiency.

Supplier selection is performed by strategic procurement.

Operative procurement is a balancing act between co-operation and independence.

Capturing demand specifications is a task of operational procurement.

The operational part of procurement management is concerned with process efficiency.

Supplier selection is performed by strategic procurement.

Operative procurement is a balancing act between co-operation and independence.

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

Potential suppliers are identified

Preselection

Intensification

Management

Preselection

Intensification

Management

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

Supplier development is a primary focus

Intensification

Preselection

Management

Intensification

Preselection

Management

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

supplier is integrated

Intensification

Preselection

Management

Intensification

Preselection

Management

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

Evaluation criteria for a selection are defined and applied

Management

Intensification

Preselection

Management

Intensification

Preselection

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

Supplier relationship management is implemented

Intensification

Management

Preselection

Intensification

Management

Preselection

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

A benefit analysis is used.

Management

Preselection

Intensification

Management

Preselection

Intensification

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

Potential suppliers are narrowed down (short-listing).

Preselection

Management

Intensification

Preselection

Management

Intensification

Assign the following phase of the "strategic supplier management process" to the corresponding activities.

A supplier is selected

Management

Intensification

Preselection

Management

Intensification

Preselection

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Flashcards

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Postponement of logistics processes

Deferral

Hedging

Diversification

Transfer

Acceptance

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Accepting demand fluctuations

Deferral

Hedging

Diversification

Transfer

Acceptance

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Triple sourcing

Deferral

Hedging

Diversification

Transfer

Acceptance

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Generally do not act first

Avoidance

Hedging

Diversification

Transfer

Acceptance

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Hedging exchange rate transactions

Hedging

Avoidance

Acceptance

Transfer

Diversification

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Risk management

Avoidance

Acceptance

Hedging

Diversification

Transfer

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Multiple user warehouse

Transfer

Avoidance

Hedging

Deferral

Acceptance

Assign the activities (examples) mentioned below to the corresponding method/strategy for risk mitigation in supply chains.

Alliances

Transfer

Avoidance

Deferral

Diversification

Hedging

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