Which of the following techniques require close coordination between product and process design?
A. Concurrent engineering
B. Sequential engineering
C. Priority planning
D. Voice of the customer (VOC)
A company manufactures and sells standardized commodity products domestically but plans to expand to a global market. The company should consider which of the following approaches when planning and implementing the expansion?
A. Increase customer segmentation efforts.
B. Increase customization for global markets.
C. Centralize planning and integrating information systems.
D. Decentralize management and decision making.
Which of the following actions typically increases the customer perception of product or service value?
A. Increasing safety stock levels
B. Implementing promotional plans
C. Achieving order fulfillment expectations
D. Expanding distribution channels
The primary purpose of supply chain event management (SCEM) is to provide users the ability to:
A. gain visibility into the extended supply chain.
B. trigger an alert or action within another supply chain application.
C. adjust the supply chain planning parameters.
D. apply best practices and frameworks throughout the supply chain.
A company used Global Reporting Initiative (GRI) guidelines to complete a sustainability self-assessment. Which of the following actions would be the most appropriate next step?
A. Share information with all stakeholders.
B. Obtain top management support.
C. Identify action items.
D. Conduct gap analysis.
Which customer perspective of value includes customization of value-added services?
A. Economic
B. Functional
C. Market
D. Relevancy
Which of the following types of customers will benefit most from a customer relationship management (CRM) program focused on cross-selling?
A. Customers considering doing business with the firm in the future
B. Customers at risk of switching to a competitor
C. Customers who have switched to a competitor
D. Customers who are already loyal to the firm
Which of the following supplier capabilities is a benefit to the manufacturer establishing a direct relationship with lower-tier suppliers?
A. Providing smaller lot sizes
B. Providing vendor-managed inventory (VMI) capabilities
C. Providing just-in-time (JIT) deliveries
D. Providing information about impending shifts in the economy
Which of the following situations typically requires extended storage?
A. Products with low demand
B. Product consolidation
C. Modular products
D. Seasonal products
A supply chain manager's dashboard should have which of the following characteristics?
A. Focus on simple financial measures.
B. Be extensive, optimizing many attributes on one dashboard.
C. Be held in strict confidence and only viewed by top leadership.
D. Reflect actionable current and accurate reporting.
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