Scmn 2150 final - Study guides, Class notes & Summaries

SCMN 2150: Module 5-8 Robert Straw Auburn Questions and Answers Already Passed According to the reading the final step of strategic sourcing is to: A. integrate suppliers into existing processes B. negotiate with and select suppliers C. analyze product categories used by the businesses and spending patterns D. track performance metrics and optimize sourcing plan D. track performance metrics and optimize sourcing plan According to the reading, the most popular response to COVID-19 ...

SCMN 2150 Exam 1 Questions and Answers Graded A+ What is a supply chain? a collection of organizations, people, activities, information, and resources who is involved in the supply chain? customers, retailers, manufacturers, and suppliers what is supply chain management? All the activities that take place to get a product in your hands from the time of raw materials to final product Why is SCM important to companies? SCM helps companies outpace the competition (better, faster, ...

SCMN 2150 Test 1 Questions & Answers what is scm - ANS-The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - ANS-suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - ANS-the consumer What does SCM involve? - ANS-all the activities that take place to get a product in your hands - from the time of raw materials extracti...

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...

SCMN 2150 Test 1 Questions And Answers what is scm - ANS The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - ANS suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - ANS the consumer What does SCM involve? - ANS all the activities that take place to get a product in your hands - from the time of r...

What are the Goals of Technology for SCM (why is it needed)? : Optimization - Peak performance of a supply chain requires alignment of resources within and across organizations. Cross-chain Visibility - visibility to events occurring across the supply chain is a prerequisite for effective decision making. Speed to Market - Properly implemented technologies capture customer requirements, prioritize them, and recommend alternatives to ensure product velocity aligns with customer needs. ...

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 Questions And Answers Rated A+. what is scm - correct answer. The "art" of managing the flow of materials and products, information, and financial resources from source to user. Who's involved in the supply chain? - correct answer. suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - correct answer. the consumer What does SCM involve? - correct answer. all the activities that...

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...

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...