1|Page
OM 300 Test 3 Chapter 11- CHILCUTT Questions with 100%
Complete Answers UPDATED!!!
1. Data
2. Deliverables
3. Durables
4. Dollars - ANSWER **Bonus Question**
What are the four things that move through supply chain?
Supply Chain Management - ANSWER The objective is to
coordinate activities to maximize the competitive advantage
and benefits to the ultimate consumer
Raw materials and satisfied customer - ANSWER The
coordination of all supply chain activates, STARTING with
______ and ENDING with _____
1. Large portion of sales dollars are spent on purchases
2. Supplier relationships increasingly integrated and long term
3. Improve innovation, speed design, reduce costs
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4. Managing supplier relationships has added emphasis -
ANSWER What is supply chain's strategic importance
3 pillars to SCM - ANSWER Cheaper (Low cost strategy), Faster
(Response Strategy), Better (Differentiation)
1. Make-or-buy
2. Outsourcing - ANSWER How do you set up your supply chain?
Make-or-buy - ANSWER Choosing between obtaining products
and services externally as opposed to producing them internally
Outsourcing - ANSWER Transfer traditional internal activities
and resources to outside vendors
*Efficiency in specialization
*Focus on core competencies
1. Many suppliers
2. Few Suppliers
3. Vertical integration
OM 300 Test 3 Chapter 11- CHILCUTT Questions with 100%
Complete Answers UPDATED!!!
1. Data
2. Deliverables
3. Durables
4. Dollars - ANSWER **Bonus Question**
What are the four things that move through supply chain?
Supply Chain Management - ANSWER The objective is to
coordinate activities to maximize the competitive advantage
and benefits to the ultimate consumer
Raw materials and satisfied customer - ANSWER The
coordination of all supply chain activates, STARTING with
______ and ENDING with _____
1. Large portion of sales dollars are spent on purchases
2. Supplier relationships increasingly integrated and long term
3. Improve innovation, speed design, reduce costs
, 2|Page
4. Managing supplier relationships has added emphasis -
ANSWER What is supply chain's strategic importance
3 pillars to SCM - ANSWER Cheaper (Low cost strategy), Faster
(Response Strategy), Better (Differentiation)
1. Make-or-buy
2. Outsourcing - ANSWER How do you set up your supply chain?
Make-or-buy - ANSWER Choosing between obtaining products
and services externally as opposed to producing them internally
Outsourcing - ANSWER Transfer traditional internal activities
and resources to outside vendors
*Efficiency in specialization
*Focus on core competencies
1. Many suppliers
2. Few Suppliers
3. Vertical integration
