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
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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