Supply Chain Management
1. Which of the following is not a member of the Supply Chain system?
b) Design Engineering
c) Production Planning
d) Quality Management
e) All the above
2. Strategic Supply Chain Management's objectives include all of the following except:
a) Secure sources of supply
b) The required level of quality
c) Multiple sources of supply on strategic parts
d) Establishment of long term partnerships
e) All are desirable objectives
3. The design and development of new products and upgrades is the sole responsibility of design engineering.
4. Many supplier relations get off to a bad start when Purchasing fails to ensure that there is a sound understanding of all aspects of the contractual relationship.
5. Supplier lead time reduction methodology includes:
b) Quality System Reviews
c) Local sourcing, when possible
d) Blanket commitments
e) Capacity reservations
f) All of the above
g) Some of the above
6. Benchmarking is the detailed comparison of the competitor's business.
7. SCM manages the links in product and service chain:
a) Links between suppliers and manufacturers
b) Links between divisions and departments
c) Links between marketing and manufacturing
d) Links between product development, manufacturing and distribution
e) All of the above
8. SCM goal is low cost order fulfillment with high levels of customer service.
9. There are basically four major operational processes of SCM: Forecast - Supply - Transformation - Distribution
10. SCM includes involvement in your supplier's supplier through to your customer's customer.
Now let's see how you did. The following are the correct answers. Please go back and total your points and review the results below.
1 - e, 2 - e, 3 - b, 4 - a, 5 - f, 6 - b, 7 - e, 8 - a, 9 - a, and 10-a
9 - 10 Correct Answers: Well Done - Now you must keep ahead of your competitors by continuous learning and improvement.
7 - 8 Correct Answers: OK, if you want to continually lose market share.
Less than 7 Correct Answers: Run, do not walk to the nearest phone and call MASET.....
MASET, LLC P. O. Box 11663 Chandler, AZ 85248
Phone: 602-721-3680 Fax 480-802-4710