What kinds of decisions does a typical supply manager make?
Question 1 What kinds of decisions does a typical supply manager make?
Strategic
operational
both A and B
No answer text provided.
Question 2 Differentiate between purchasing, procurement, materials management, logistics, supply management, and supply chain management.
Question 3 How can the expectations of supply differ for private versus public organizations?
Private organizations are not out to make a profit,
Public organization are profit driven
public organization support maintenance of facilities and
Question 4 What role can (should) supply play in determining a firm’s strategy in the area of social issues and trends?
Question 5 What are the levels of a Strategic Plan
Corporate, Business Unit, Function
Quality Management
Managing Inventory
Question 6 What are the challenges faced by a supply manager working in a highly centralized structure? In a highly decentralized structure?
Question 7 What are some advantages of centralization of your supply structure?
Strategic focus
Lack of business unit focus
excessive cost
No answer text provided.
Question 8 What are examples of steps in a robust supply management process?
Large number of items
Need for an Audit Trail
recognition of need
A and B correct
Question 9 When would you issue an RFQ rather than an RFP and why?
RFQ has a clear description of need
RFP is more complex
RFQ is more standardized
all of the above
Question 10 What should be considered before switching from an existing EDI system to a Web-based system?
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