SCMN 2150 FINAL EXAM QUESTIONS AND ANSWERS
2026
supply chain technology goals - Answers - 1. automated decision making
2. exception management
3. cross-chain visibility
4. planning and execution infrastructure
***underneath have:
- scorecards & dashboards
- automated data collection
- data synchronization
- supply chain expertise
then
- synchronized tools (technology), standard methods (process), relevant skills (people)
SCM Software - Answers - - enterprise resource planning application
- supplier relationship management
- customer relationship management
- decision support systems
- supply chain planning
- supply chain execution
- event management and visibility
- business intelligence
enterprise resource planning (ERP) - Answers - business management software,
usually a suite of integrated applications, that a company can use to collect, store,
manage and interpret data from many business activities
transport management system (TMS) - Answers - functional reference model and
domains
- organizes strategic (at top), tactical (second), and operations (on bottom)
**operations organized into sub categories: planning, execution, vehicle, finance
critical capabilities of supply chain technology - Answers - requirements of technology
(all supply chain information):
- accurate
- timely
- portable
,- reliable
- relevant
- accessible
- portable
how much money is spend on supply chain software? - Answers - $10 billion
what type of software facilities does the day-to-day operations of a distribution center or
factory use? - Answers - execution software
planning software - Answers - software used for project planning, scheduling, resource
allocation and change management and allows project managers (PMs), stakeholders
and users to control costs and manage budgeting, quality management and
documentation
execution software - Answers - helps obtain materials and manage physical flows from
suppliers through downstream distribution to ensure that customers receive the right
products at the right location, time, and cost
analytics software - Answers - software that utilizes a firms data to help managers who
are not computer experts make decisions
business intelligence software - Answers - software that analyzes data from multiple
sources and extracts useful insights, patterns, and relationships that might be significant
supply chain technology = software? - Answers - false
SCM technology innovation is more than software
***ex. Symbotic company created robots to use in warehouse to replace human jobs,
FedEx's super hub
what activity is creating new demand for RFID technology? - Answers - - store fulfillment
of online orders
- tracking and delivery of construction materials
- hospital patient identification
- amusement park ticketing
(ALL ARE CORRECT)
RFID (radio frequency identification) - Answers - uses electronic tags and labels to
identify objects wirelessly over short distances
what will be the next big innovation in SCM? - Answers - - driverless trucks
- drone delivery
- in-home 3D printing
, - teleportation
(ALL ARE CORRECT)
emerging innovations in SCM technology - Answers - - driverless vehicles
- next generation trucks
- google glasses in warehouse
- on demand labor
- 3D printing
global operations (1) - Answers - the design and management of a supply chain that
controls the flow of materials, money, and information into, through, and out of the firm
across national borders to achieve corporate objectives at a minimum total cost
***better, faster, cheaper on a global scale***
global SCM involves multiple participants - Answers - example:
Best Buy (US) tells Toshiba (China) how many DVDs they need, crank up production
and Zoran (US) provides chips for DVDs to be assembled in Taiwan
global SCM has multiple processes with cross-border flows - Answers - example:
have local transportation, foreign supplier, origin warehouse, customs clearance,
shipment, storage, order processing, distribution
global SCM has shipments at great volumes - Answers - Drewry Maritime Equity
Research predicts that the global container trade will increase by 5.7% in 2014,
reaching 684 million TEU
twenty foot equivalent unit (TEU) - Answers - a unit of measurement equal to the space
occupied by a standard twenty foot container
***used in stating the capacity of container vessel or storage area
global SCM has many ricks - Answers - - freight loss
- exchange rate
- quality
- congestion
- transport cost
- visibility
global sourcing and manufacturing - Answers - with increased global competition and
pressure to reduce costs, become more competitive and innovative, many companies
are turning to off-shore and new shore based outsourcing vendors
***you must evaluate and analyze the rewards and risks of global sourcing, outsourcing,
and vendor management
2026
supply chain technology goals - Answers - 1. automated decision making
2. exception management
3. cross-chain visibility
4. planning and execution infrastructure
***underneath have:
- scorecards & dashboards
- automated data collection
- data synchronization
- supply chain expertise
then
- synchronized tools (technology), standard methods (process), relevant skills (people)
SCM Software - Answers - - enterprise resource planning application
- supplier relationship management
- customer relationship management
- decision support systems
- supply chain planning
- supply chain execution
- event management and visibility
- business intelligence
enterprise resource planning (ERP) - Answers - business management software,
usually a suite of integrated applications, that a company can use to collect, store,
manage and interpret data from many business activities
transport management system (TMS) - Answers - functional reference model and
domains
- organizes strategic (at top), tactical (second), and operations (on bottom)
**operations organized into sub categories: planning, execution, vehicle, finance
critical capabilities of supply chain technology - Answers - requirements of technology
(all supply chain information):
- accurate
- timely
- portable
,- reliable
- relevant
- accessible
- portable
how much money is spend on supply chain software? - Answers - $10 billion
what type of software facilities does the day-to-day operations of a distribution center or
factory use? - Answers - execution software
planning software - Answers - software used for project planning, scheduling, resource
allocation and change management and allows project managers (PMs), stakeholders
and users to control costs and manage budgeting, quality management and
documentation
execution software - Answers - helps obtain materials and manage physical flows from
suppliers through downstream distribution to ensure that customers receive the right
products at the right location, time, and cost
analytics software - Answers - software that utilizes a firms data to help managers who
are not computer experts make decisions
business intelligence software - Answers - software that analyzes data from multiple
sources and extracts useful insights, patterns, and relationships that might be significant
supply chain technology = software? - Answers - false
SCM technology innovation is more than software
***ex. Symbotic company created robots to use in warehouse to replace human jobs,
FedEx's super hub
what activity is creating new demand for RFID technology? - Answers - - store fulfillment
of online orders
- tracking and delivery of construction materials
- hospital patient identification
- amusement park ticketing
(ALL ARE CORRECT)
RFID (radio frequency identification) - Answers - uses electronic tags and labels to
identify objects wirelessly over short distances
what will be the next big innovation in SCM? - Answers - - driverless trucks
- drone delivery
- in-home 3D printing
, - teleportation
(ALL ARE CORRECT)
emerging innovations in SCM technology - Answers - - driverless vehicles
- next generation trucks
- google glasses in warehouse
- on demand labor
- 3D printing
global operations (1) - Answers - the design and management of a supply chain that
controls the flow of materials, money, and information into, through, and out of the firm
across national borders to achieve corporate objectives at a minimum total cost
***better, faster, cheaper on a global scale***
global SCM involves multiple participants - Answers - example:
Best Buy (US) tells Toshiba (China) how many DVDs they need, crank up production
and Zoran (US) provides chips for DVDs to be assembled in Taiwan
global SCM has multiple processes with cross-border flows - Answers - example:
have local transportation, foreign supplier, origin warehouse, customs clearance,
shipment, storage, order processing, distribution
global SCM has shipments at great volumes - Answers - Drewry Maritime Equity
Research predicts that the global container trade will increase by 5.7% in 2014,
reaching 684 million TEU
twenty foot equivalent unit (TEU) - Answers - a unit of measurement equal to the space
occupied by a standard twenty foot container
***used in stating the capacity of container vessel or storage area
global SCM has many ricks - Answers - - freight loss
- exchange rate
- quality
- congestion
- transport cost
- visibility
global sourcing and manufacturing - Answers - with increased global competition and
pressure to reduce costs, become more competitive and innovative, many companies
are turning to off-shore and new shore based outsourcing vendors
***you must evaluate and analyze the rewards and risks of global sourcing, outsourcing,
and vendor management
