BUAD 331 FINAL EXAM CERTIFICATION TEST
PAPER 2026 COMPLETE SOLUTIONS GRADED
A PLUS
◉ supply chain planning.
Answer: the forward looking process of coordinating assets,
resources, and info to maximize customer and organizational value
creation through supply chain flows and activities
◉ supply chain planner.
Answer: the organizational role that facilitates supply chain value
creation- optimal levels of customer service, inventory, and cost
◉ supply chain planning dicipline.
Answer: supply chain organizational dicipline that prescribes
methodologies for excellence in planning- dev of standards for skill,
training and qualifications
◉ supply chain.
Answer: the end to end integrated system
◉ supply chain management.
,Answer: holistic internal and external resources and teams require
to deliver valued products and services to customers
◉ design planning.
Answer: 12-60 months (long term) design process focused on by top
leadership are most important
◉ strategic planning.
Answer: 6-36 month (long term) planning process can be completed
by top leadership
◉ business planning.
Answer: 3-18 months- commercial team is renewing market analysis
plan, the majority of the multi functional organization is managing
the current fiscal year business
◉ operations planning.
Answer: day to day basis
◉ execution planning.
Answer: daily transactions that execute higher levels of planning
◉ shift in inc of supply chain importance.
, Answer: complexity, multi functional business process,
cons/customer demand
◉ procurement/supply management.
Answer: the strategic approaches and process used to secure needed
inputs into the organization to create relevant value
◉ sourcing.
Answer: the processes involved in identifying the req, locations and
identity of specific companies and providers that may be used to
acquire inputs to create value
◉ purchasing.
Answer: the process actually used to make a buy from the source
◉ commodity.
Answer: the inputs (things we buy)
◉ what are 4 areas of successful supply chain managers.
Answer: resources, suppliers, processes, technology
◉ strategy chain.
PAPER 2026 COMPLETE SOLUTIONS GRADED
A PLUS
◉ supply chain planning.
Answer: the forward looking process of coordinating assets,
resources, and info to maximize customer and organizational value
creation through supply chain flows and activities
◉ supply chain planner.
Answer: the organizational role that facilitates supply chain value
creation- optimal levels of customer service, inventory, and cost
◉ supply chain planning dicipline.
Answer: supply chain organizational dicipline that prescribes
methodologies for excellence in planning- dev of standards for skill,
training and qualifications
◉ supply chain.
Answer: the end to end integrated system
◉ supply chain management.
,Answer: holistic internal and external resources and teams require
to deliver valued products and services to customers
◉ design planning.
Answer: 12-60 months (long term) design process focused on by top
leadership are most important
◉ strategic planning.
Answer: 6-36 month (long term) planning process can be completed
by top leadership
◉ business planning.
Answer: 3-18 months- commercial team is renewing market analysis
plan, the majority of the multi functional organization is managing
the current fiscal year business
◉ operations planning.
Answer: day to day basis
◉ execution planning.
Answer: daily transactions that execute higher levels of planning
◉ shift in inc of supply chain importance.
, Answer: complexity, multi functional business process,
cons/customer demand
◉ procurement/supply management.
Answer: the strategic approaches and process used to secure needed
inputs into the organization to create relevant value
◉ sourcing.
Answer: the processes involved in identifying the req, locations and
identity of specific companies and providers that may be used to
acquire inputs to create value
◉ purchasing.
Answer: the process actually used to make a buy from the source
◉ commodity.
Answer: the inputs (things we buy)
◉ what are 4 areas of successful supply chain managers.
Answer: resources, suppliers, processes, technology
◉ strategy chain.
