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SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM COMPLETE 70 QUESTIONS AND CORRECT DETAILED ANSWERS||VERIFIED EXAM!!! (VERIFIED ANSWERS) |ALREADY GRADED A+||NEWEST EXAM!!!

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SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM COMPLETE 70 QUESTIONS AND CORRECT DETAILED ANSWERS||VERIFIED EXAM!!! (VERIFIED ANSWERS) |ALREADY GRADED A+||NEWEST EXAM!!!

Institution
SCMN 3730
Course
SCMN 3730

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1|Page


SCMN 3730 EXAM 1 NEWEST ACTUAL EXAM
COMPLETE 70 QUESTIONS AND CORRECT DETAILED
ANSWERS||VERIFIED EXAM!!! (VERIFIED ANSWERS)
|ALREADY GRADED A+||NEWEST EXAM!!!
What are elements of supply integration? - ANSWER-
People coming together work together on a strategy or
solve a problem
Different people bringing different points of view to table
Team members often located all over the globe
Need to create common understanding of end goal or
purpose


What is meant by collaboration? - ANSWER-Process by
which two or more parties adopt a high level of purposeful
cooperation to maintain trading relationship over time


What are the characteristics of a collaborative buyer-seller
relationship? - ANSWER-One or limited number of
suppliers for each purchased item or family of items
Win-win approach to reward sharing
Joint efforts to improve supplier performance
Joint efforts to resolve disputes

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Advantages of CFT? - ANSWER-Reduced time to
complete tasks
Increased innovation
Joint ownership of decisions (BUY-IN)
Enhanced communication among functions or
organizations
Realizing synergies by combining individuals and
functions
Better identification and resolution of problems


Disadvantages of CFT? - ANSWER-Use does not
guarantee success
Team process loss
Negative effects on individual members
Poor team decisions
Groupthink
Artificial consensus


When do you use a CFT? - ANSWER-Facing a complex or
large-scale business decision
CFT is likely to make better quality decision
Assignment directly affects firm's competitive position

, 3|Page


No single function has sufficient resources to solve
problem


Subtle control by management? - ANSWER-Authorizing
creation of sourcing team
Selecting team's task(s)
Establishing broad objectives
Selecting team leadership
Requiring regular updates or at key milestones
Conducting performance reviews


Supplier is given blueprints and told to make product from
them - ANSWER-White Box Design


Supplier's engineers work cooperatively with buyer's
engineers in joint design - ANSWER-Gray Box Design


Suppliers are provided functional specifications and create
design - ANSWER-Black Box Design


What are the elements of successful supplier suggestion
programs? - ANSWER-Share savings equitably, often 50-
50

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Institution
SCMN 3730
Course
SCMN 3730

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