DAVILA ASU SCM 300 EXAM 1-4 2026 TEST BANK WITH
COMPLETE SOLUTIONS
Supply Chain Management - ANSWER---the management of the chain of supplies
buy it -> make it -> move it -> sell it -> service it - ANSWER---SCM Flows/Strategy
1. cost
2. quality
3. speed/time
4. flexibility - ANSWER---Competitive Priorities
value (what i get/price) - ANSWER---customers perspective
productivity (what i make/cost) - ANSWER---organization perspective
1. Procurement
2. Operations
3. Logistics - ANSWER---SCM Key Components
Procurement (buy it) - ANSWER---process of obtaining services, supplies, and
equipment in conformance with corporate regulations
Operations (make it) - ANSWER---makes business processes effective and
efficient. They help the organization create high quality products/ services using
the fewest resources
, DAVILA ASU SCM 300 EXAM 1-4 2026 TEST BANK WITH
COMPLETE SOLUTIONS
Logistics (move it) - ANSWER---developing the transportation itinerary and finding
reliable transportation and storage partners, to be able to navigate the flow of
materials to the final destination
purchasing -> production -> distribution -> retail sales - ANSWER---The Supply
Chain
The efficient integration of the Supply Chain - ANSWER---SCM Def
satisfy the customer, satisfy the company, consider the future - ANSWER---
Successful SC Manager
sustainable long term profits and maimize ROI - ANSWER---Corporation Goals
Reverse Logistics - ANSWER---reuse of production and materials
1st Tier Suppliers - ANSWER---a company's direct supplier. A firm that directly
provides goods and/ or services to a company
2nd Tier Suppliers - ANSWER---a firm provides goods and/ or services to a
company's first-tier supplier
Downstream - ANSWER---direction in which products flow towards an end
consumer. Direction is the right.
, DAVILA ASU SCM 300 EXAM 1-4 2026 TEST BANK WITH
COMPLETE SOLUTIONS
Storage and consolidation/sorting
picking and packing, labeling
Upstream - ANSWER---direction from customers to suppliers. Direction is the left
central return center AKA reverse logistics activities
Business model - ANSWER---planning to purchase, transform, deliver, and sell
products with intent on making a profit
Supply Chain Visibility - ANSWER---ability to see what is happening with inventory
up and down a supply chain
Profit - ANSWER---Formula: profit = revenue - cost. If supply chain creates a
damaged product no one will buy it for a premium price, that's why it's important
for the supply chain to deliver the best products
ROI - ANSWER---Formula: total profit/ total invest money. Return on investment-
an economic measure that helps evaluate the return of money. Scenario 1:
10/1,000 = 0.01 Scenario 2: 10/1 = 10 (good investment).
total profit/ total invest money - ANSWER---ROI Formula
profit= revenue - cost - ANSWER---Profits Formula
COMPLETE SOLUTIONS
Supply Chain Management - ANSWER---the management of the chain of supplies
buy it -> make it -> move it -> sell it -> service it - ANSWER---SCM Flows/Strategy
1. cost
2. quality
3. speed/time
4. flexibility - ANSWER---Competitive Priorities
value (what i get/price) - ANSWER---customers perspective
productivity (what i make/cost) - ANSWER---organization perspective
1. Procurement
2. Operations
3. Logistics - ANSWER---SCM Key Components
Procurement (buy it) - ANSWER---process of obtaining services, supplies, and
equipment in conformance with corporate regulations
Operations (make it) - ANSWER---makes business processes effective and
efficient. They help the organization create high quality products/ services using
the fewest resources
, DAVILA ASU SCM 300 EXAM 1-4 2026 TEST BANK WITH
COMPLETE SOLUTIONS
Logistics (move it) - ANSWER---developing the transportation itinerary and finding
reliable transportation and storage partners, to be able to navigate the flow of
materials to the final destination
purchasing -> production -> distribution -> retail sales - ANSWER---The Supply
Chain
The efficient integration of the Supply Chain - ANSWER---SCM Def
satisfy the customer, satisfy the company, consider the future - ANSWER---
Successful SC Manager
sustainable long term profits and maimize ROI - ANSWER---Corporation Goals
Reverse Logistics - ANSWER---reuse of production and materials
1st Tier Suppliers - ANSWER---a company's direct supplier. A firm that directly
provides goods and/ or services to a company
2nd Tier Suppliers - ANSWER---a firm provides goods and/ or services to a
company's first-tier supplier
Downstream - ANSWER---direction in which products flow towards an end
consumer. Direction is the right.
, DAVILA ASU SCM 300 EXAM 1-4 2026 TEST BANK WITH
COMPLETE SOLUTIONS
Storage and consolidation/sorting
picking and packing, labeling
Upstream - ANSWER---direction from customers to suppliers. Direction is the left
central return center AKA reverse logistics activities
Business model - ANSWER---planning to purchase, transform, deliver, and sell
products with intent on making a profit
Supply Chain Visibility - ANSWER---ability to see what is happening with inventory
up and down a supply chain
Profit - ANSWER---Formula: profit = revenue - cost. If supply chain creates a
damaged product no one will buy it for a premium price, that's why it's important
for the supply chain to deliver the best products
ROI - ANSWER---Formula: total profit/ total invest money. Return on investment-
an economic measure that helps evaluate the return of money. Scenario 1:
10/1,000 = 0.01 Scenario 2: 10/1 = 10 (good investment).
total profit/ total invest money - ANSWER---ROI Formula
profit= revenue - cost - ANSWER---Profits Formula
