SCMN 2150 Study guides, Class notes & Summaries

SCMN 2150 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+ Which global channel focuses on the documentation needed for government compliance, visibility, and control of goods moving globally. A.) Communication channel B.) Transaction channel C.) Distribution channel D.) Omni-channel A.) Communication channel According to a study by Stanford University, cross border trade processes can involve up to 106 steps. What problem does this cause? A.) Greater in-transit visibility B.) Lowe...

SCMN 2150 – Auburn Exam Questions With 100% Correct Answers What is Supply Chain? - answerthe art of maintaining the flow of materials and products, information, and financial resources from source to user Why is supply chain important ? - answerit provides valuable opportunities to create competitive advantage, develop collaborative, trusting relationships, improve customer satisfaction, rationalize product touch points, and drive out cost and achieve efficiencies. (help us be better, ...

SCMN 2150 Test 2 Exam Questions With Verified Answers The purchase of merchandise or services at the optimum possible total cost in the correct amount and quality. - answerWhat is a procurement? Institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company - answerWhat is strategic sourcing? strategic sourcing plays a more intense role in evaluating the the best possible price based on other aspects that affect selling the product vs ...

SCMN 2150: test #2 Exam Questions With Verified Answers 3 main steps of supply chain. - answer1. supply chain 2. strategic sourcing 3. procurement goal of supply management. - answerbuy products and services; at the right price; from the right source; at the right specification; in the right quantity; for delivery at the right time; to the right internal customer importance of supply management. - answerability to generate a sustainable advantage through lower costs, higher quality, and...

SCMN 2150 Auburn Barto Test 2 Exam Questions With Verified Answers Supply management - answerThe identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives. focuses on linking strategies and decisions related to the procurement of goods and services strategic sourcing (1) - answeran institutional procurement process that continuously improves and re-evaluates t...

SCMN 2150 Exam 2 Questions And Answers (Updated And Verified) What are key supply chain information requirements? (6) - answer-Accuracy -Relevance -Current (timely) -Reliable -Transferable -Usable What benefits are created by supply chain information technology? (6) - answer1. Cross chain visibility 2. Speed up process 3. Allows agility (adapt and change) 4. Collaboration (internal or external data pools) 5. Differentiation 6. Risk management What capabilities does supply chain in...

SCMN 2150 Test 2 Questions And Answers (Updated And Verified) Supply management - answerThe identification, acquisition, access, positioning, management of resources and related capabilities the organization needs or potentially needs in the attainment of its strategic objectives strategic sourcing - answeran institutional procurement process that continuously improves and re-evaluates the purchasing activities of a company procurement - answerthe purchase of merchandise or services at th...

SCMN Exam 2 Questions And Answers (Updated And Verified) What are key supply chain information requirements? (6) - answer-Accuracy -Relevance -Current (timely) -Reliable -Transferable -Usable What benefits are created by supply chain information technology? (6) - answer1. Cross chain visibility 2. Speed up process 3. Allows agility (adapt and change) 4. Collaboration (internal or external data pools) 5. Differentiation 6. Risk management What capabilities does supply chain informa...

SCMN 2150 Test 2 Exam Questions And Answers (Updated And Verified) The purchase of merchandise at the optimum total cost, at the right time, in the right quantity - answerProcurement A company process that continuously re-evaluates and improves upon the companies procurement process - answerStrategic Sourcing The identification use and management of the resources a company needs to meet its goals - answerSupply management What is the goal of the procurement process? - answerhigher qualit...

SCMN 2150 Test 1 Exam Questions With 100% Correct Answers What is Supply Chain Management? - answerIncludes all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pull out your credit card and take the final product home 7 Principles of Supply Chain Management - answer1. Segment customers based on service needs 2. Customize the logistics network 3. Drive operations from demand 4. Differentiate product closer to the...