Which is not a consequence of a poor SCM?
Loss of Productivity
Customer Complaints
Decreased Costs
Damage to Brand
According to the lecture videos, the biggest challenge companies often face in SCM is?
Flexibility to changes in demand
Ability to innovate
Supplier risk
Presence of competition
Scheduling people is not part of the short-term decisions SCM faces?
Which of the following is not part of medium-term decisions made by SC managers?
Lean principles
Inventory Management Principles
Sales and Operations Planning
Outsourcing
A centralized network configuration lends itself to which type of supply chain model?
Responsive
Short
Efficient
People-conscious
A functional product is likely to have?
High demand uncertainty
High product variety and low volume
Short product life
Low inventory cost
We seek to aggressively reduce lead time when using an efficient SC model?
Which of the following is more appropriate to a centralized network configuration?
Many points of sale
High distribution complexity
Higher product availability
High distribution cost per weight
Which of these is not a reason for outsourcing?
To decrease lead times
To focus on core competencies
To decrease flexibility and speed
To reduce and control costs
Which is not part of The Supply Chain Council (SCM) primary processes?
Planning
Sourcing
Engaging
Competing
When a company in the US obtains its resources or processes externally from Mexico, this is called?
Closeshoring
Nextshoring
Nearshoring
Bordershoring
According to the video, which of the following is not among the drivers of offshoring?
Market drivers
Social drivers
Political drivers
Technology drivers
When the strategic risk of offshoring is high and the potential for gain is also high, companies should?
Buy off the shelf
Enter into special contracts
Produce internally
Consult with competitor
Which of these is not a cost driver for offshoring?
Labor costs
Cost of risk sharing in joint ventures
Falling communication costs
Exchange rate fluctuations
A mix of a responsive and efficient supply chain model is referred to as?
A cost-efficient model
An agile model
A lean model
A minimal model
Offshoring will never have a negative effect on a company's core competencies
A responsive supply chain model is typically suitable for a functional product?
You would usually keep safety stocks when using which network configuration?
Decentralized
Centralized
Multi-networks
Single-network
Higher delivery responsiveness is an attribute of a decentralized network configuration
Which is not a pitfall of offshoring? Choose the best answer.
Exchange rate volatility
Lack of control over cost and quality
Inaccurate determination of overall product cost
All are pitfalls associated with offshoring
