4/11/25, 7:01 PM BUAD 331 exam 1 STANK (2025) ACTUAL EXAM comprehensive questions and verified accurate solution (Detailed & Elabora…
BUAD 331 exam 1 STANK (2025) ACTUAL EXAM
comprehensive questions and verified accurate
solution (Detailed & Elaborated) |get it 100%
accurate!! 2025 TEST!!
Save
Terms in this set (32)
A supply chain consists of the organizations, people,
activities, information, and resources involved in
what is a supply chain?
moving a product or service from the origins of
supply all the way to point of final consumption
Supply Chain Management is the design and
coordination of a network through which
supply chain organizations and individuals get, use, deliver, and
management dispose of material goods; acquire and distribute
services; and make their offerings available to
markets, customers, and clients."
- supplier base (procurement, inbound logistics)
- integrated enterprise (MFG operations, order
components of a supply
fulfilment)
chain
- market/distribution network (outbound logistics,
customer support)
how does SCM add - form, time, place
value? - plan, source, make, deliver
https://quizlet.com/1030327165/buad-331-exam-1-stank-2025-actual-exam-comprehensive-questions-and-verified-accurate-solution-detailed-elab… 1/6
, 4/11/25, 7:01 PM BUAD 331 exam 1 STANK (2025) ACTUAL EXAM comprehensive questions and verified accurate solution (Detailed & Elabora…
- increasing value advantage
(tailored service, reliability,
responsiveness)
gaining competitive - increasing productivity
advantage through SCM advantage (capacity utilization,
asset turns, integration)
- be the most productive at the
lowest cost
- Companies like Proctor and Gamble, Colgate
Palmolive, and Cummins Engine are increasingly
looking outside of the typical sources of supply to
find companies owned by diverse and
how SCM contributes to
underrepresented businesspeople
society
- New digital tools enable us to fill up trucks, taking
many trucks off the road and cutting emissions.
-big role in sustainability and equity, make more
diverse and equitable work force
traditional organization - The strategic foundation that focuses the
of the internal supply organization on creating optimal value for
chain customers of choice and optimal profit for the firm
- the SCOR Model portrays the supply chain
function of a series of handoffs between the
SCOR model functions starting with Procurement to Customer
Delivery
- plan (source -> make -> deliver)
- there are disconnects between internal supply
the reality - internal dis-
chain functions like logistics, operations, and
integration.
procurement
- Plan: "siloed" around demand, supply or financials
- Source: Price/cost focused w/in short term
planning horizon (PPV)
drivers of disintegration
- Make: Schedule and process "up time" focused
- Deliver: Focused on customer service, Cost and
asset utilization are secondary concerns
https://quizlet.com/1030327165/buad-331-exam-1-stank-2025-actual-exam-comprehensive-questions-and-verified-accurate-solution-detailed-elab… 2/6
BUAD 331 exam 1 STANK (2025) ACTUAL EXAM
comprehensive questions and verified accurate
solution (Detailed & Elaborated) |get it 100%
accurate!! 2025 TEST!!
Save
Terms in this set (32)
A supply chain consists of the organizations, people,
activities, information, and resources involved in
what is a supply chain?
moving a product or service from the origins of
supply all the way to point of final consumption
Supply Chain Management is the design and
coordination of a network through which
supply chain organizations and individuals get, use, deliver, and
management dispose of material goods; acquire and distribute
services; and make their offerings available to
markets, customers, and clients."
- supplier base (procurement, inbound logistics)
- integrated enterprise (MFG operations, order
components of a supply
fulfilment)
chain
- market/distribution network (outbound logistics,
customer support)
how does SCM add - form, time, place
value? - plan, source, make, deliver
https://quizlet.com/1030327165/buad-331-exam-1-stank-2025-actual-exam-comprehensive-questions-and-verified-accurate-solution-detailed-elab… 1/6
, 4/11/25, 7:01 PM BUAD 331 exam 1 STANK (2025) ACTUAL EXAM comprehensive questions and verified accurate solution (Detailed & Elabora…
- increasing value advantage
(tailored service, reliability,
responsiveness)
gaining competitive - increasing productivity
advantage through SCM advantage (capacity utilization,
asset turns, integration)
- be the most productive at the
lowest cost
- Companies like Proctor and Gamble, Colgate
Palmolive, and Cummins Engine are increasingly
looking outside of the typical sources of supply to
find companies owned by diverse and
how SCM contributes to
underrepresented businesspeople
society
- New digital tools enable us to fill up trucks, taking
many trucks off the road and cutting emissions.
-big role in sustainability and equity, make more
diverse and equitable work force
traditional organization - The strategic foundation that focuses the
of the internal supply organization on creating optimal value for
chain customers of choice and optimal profit for the firm
- the SCOR Model portrays the supply chain
function of a series of handoffs between the
SCOR model functions starting with Procurement to Customer
Delivery
- plan (source -> make -> deliver)
- there are disconnects between internal supply
the reality - internal dis-
chain functions like logistics, operations, and
integration.
procurement
- Plan: "siloed" around demand, supply or financials
- Source: Price/cost focused w/in short term
planning horizon (PPV)
drivers of disintegration
- Make: Schedule and process "up time" focused
- Deliver: Focused on customer service, Cost and
asset utilization are secondary concerns
https://quizlet.com/1030327165/buad-331-exam-1-stank-2025-actual-exam-comprehensive-questions-and-verified-accurate-solution-detailed-elab… 2/6
