SCMN 2150 Test 1 Auburn Questions and Answers
What is supply chain management? - -the "art" of managing the flow of materials, products,
information and financial resources from source to user
-Who is most important participant in Supply Chain? - -Consumer
-5 Goals of supply chain - -customer care
competitiveness
efficiency
responsiveness
resiliency
-link - -the transportation method used to connect the nodes
-Node - -a fixed point in a supply chain where valued added processes take place
-Centralized Networks - -activities are concentrated at a single node (ex: LL Bean)
-Decentralized Networks - -similar activities take place at multiple regional nodes that
make up the overall network (ex: Kroger)
-Direct Distribution - -Point-to-point service (ex: Local newspaper at front door)
-Cross Dock - -product mixing service (ex. fresh chicken)
-distribution center - -a large, highly automated warehouse designed to receive goods
from various plants and suppliers, take orders, fill them efficiently, and deliver goods to
customers as quickly as possible
-Steps in a network configuration process - -1. determine problem and model
2. collect and validate data
3. develop and model scenarios
4. evaluate scenario results
5. take strategic action
-Capacity Planning - -the process of establishing the output rate that can be achieved by a
facility
-capacity utilization rate - -actual output/ capacity (100%)
-average cost per item - -actual output- cost of operations/actual output
-average profit per item - -cost of operations/actual output
What is supply chain management? - -the "art" of managing the flow of materials, products,
information and financial resources from source to user
-Who is most important participant in Supply Chain? - -Consumer
-5 Goals of supply chain - -customer care
competitiveness
efficiency
responsiveness
resiliency
-link - -the transportation method used to connect the nodes
-Node - -a fixed point in a supply chain where valued added processes take place
-Centralized Networks - -activities are concentrated at a single node (ex: LL Bean)
-Decentralized Networks - -similar activities take place at multiple regional nodes that
make up the overall network (ex: Kroger)
-Direct Distribution - -Point-to-point service (ex: Local newspaper at front door)
-Cross Dock - -product mixing service (ex. fresh chicken)
-distribution center - -a large, highly automated warehouse designed to receive goods
from various plants and suppliers, take orders, fill them efficiently, and deliver goods to
customers as quickly as possible
-Steps in a network configuration process - -1. determine problem and model
2. collect and validate data
3. develop and model scenarios
4. evaluate scenario results
5. take strategic action
-Capacity Planning - -the process of establishing the output rate that can be achieved by a
facility
-capacity utilization rate - -actual output/ capacity (100%)
-average cost per item - -actual output- cost of operations/actual output
-average profit per item - -cost of operations/actual output
