In practice, sourcing integrates only the strategic and operative decision making levels. Select one: a. False b. True
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- In In practice, sourcing integrates the strategic and operative decision making levels and coordinates supply strategy, procurement and purchasing activities. Select one: a. False b. True Datamax and Zebra are examples of : Select one: O a. Companies manfacturing computer database hardware O b. Companies manufacturing RFID tags O c. Software companies O d. Companies manufacturing barcode label printers1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above 2.Which of the following costs do not come under inventory carrying cost calculation? A)Investment in a software for updating stock position online B)Investment in stores space C)Salaries of procurement personnel D)Cost of maintaining the inventory stocks 3.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above9 Supply chain agility refers to the ability to adjust quickly to changes in market demand.Select one:a. True.b. False.
- 1.Which of the following pertains to an efficient supply chain? A)It deals with innovative products B)The product life cycle will be short C)It is worthwhile to invest in good forecasting systems D)All of the above PS: OPTION D INCORRECT 2.Which of the following will have lesser bullwhip effect in a supply chain? A)Supply Chain co-ordination B)Opening more stocking points closer to the point of consumption C)Empowering the lower echelons of the inventory to take decisions on fulfilling the demand D)All of the above PS: OPTION B INCORRECTHenri of Henri’s French Cuisine (HFC), a chain of twelverestaurants, is trying to decide if it makes sense to outsource thepurchasing function. Currently, Henri employs two buyers at anannual fi xed cost of $85,000. Henri’s estimates that the variablecost of each placed purchase order is $15. Value-Buy (VB), a groupof purchasing specialists, will perform the purchasing functionfor a fi xed annual fee of $100,000 plus $5 for each purchase orderplaced. Last year, HFC placed 1450 purchase orders.(a) Construct a base-case spreadsheet model that shows bothof these alternatives side-by-side. Use the same number oforders (stored in a single cell) to drive the calculations.(b) Using last year’s quantity of purchase orders, whichalternative would have been the better?(c) Use Goal Seek to fi nd the indiff erence point (where totalcosts are equal) between these two alternatives. (Hint: GoalSeek can work only with a single “Set cell.” Create a cell inyour model that computes the diff erence…1. Supply Chain focuses only on the physical movement of material and supplies Select one: a. False b. True 2. One of the other departments or functions within an organisation is referred to as servitization. Which of the following statements describes servitization. Select one: a. A transformation process wherein production organisations embrace a service orientation and/or develop more and better services b. Selling the goods or services of the organisation c. Purchasing raw materials, machinery and equipment for the organisation d. Providing management with the relevant information that will enable it to manage effectively and efficiently 3. For each supply chain driver, managers must make tradeoffs between Select one: a. Efficiency and responsiveness b. Costs and benefits c. Time and responsiveness d. Cost and performance e. Value addition The Certainty in decision environment of strategic decisions alludes to: Select one: a. Costly…
- Supply chain orientation is process and strategy oriented .Select one:a. False.b. True.suppose your business is rental cloth collection, explain specifically the markets competitive advantage in the market place and how it will compete against more established competitors.9 Electronic procurement is an example of a citizen to private organization pattern interaction. Select one: a. True b. False
- o (B) Which Product Sub-Category has the highest 'Sale per Customer' and 'Profit per Order'? Name the Sub-Category for the highest 'Sale per Customer' and 'Profit per Order' Value 1500 1000 500 -500 Category / Sub-Category Office Supplies Furniture Technology Boo.. Cha.. Fur.. Tab.. App.. Art Bin.. Env.. Fas.. Lab.. Pap.. Sto.. Sup.. Acc.. Cop.. Mac.. Pho.. £124.52 £1,038.64 £44.48 £665.64 £31.16 £241.71 Profit per Order Profit per Order Profit per Order £-230.75 £1,211.28 £150.94 £1,063.47 £-230.75 £1,211.28 Profit per Order Ital I... Profit per Order £25.47 per Order Profit £256.55 £17.63 per Order Profit £166.55 £20.67 per Order Profit £123.46 | £10.57 per Order Profit £60.51 £7.61 Profit per Order £48.29 £21.30 £132.25 £24.43 Profit per Order per Order Profit £551.44 £22.81 £154.34 £78.32 £126.58 £1,043.22 £504.87 £42.90 £690.91 £69.93 per Order Profit per Order Profit per Order Profit per Order Profit per Order Profit £926.44 Profit per Order and Sales per Customer for each…35) Which of the following is an appropriate criterion to monitor the performance of functional strategy? a) Return on Equity b) Lead time on order fulfillment c) Return on investment d) Ratio of profits to EarningsA. Explain the role of information technology in the supply chain. B. Explain TWO (2) characteristics that information must have to be useful for decision- making in a supply chain.