Question 1

Business intelligence applications are being used to gather information on competitors and their suppliers.

Accepted Answer

A) True 
 B)False  False

Question 2

The _________ of demand, customer orders, delivery status, inventory stock levels, and production schedules provides managers with the knowledge needed to make effective situational assessments and develop appropriate responses.

Accepted Answer

A)   visibility
B)   availability
C)   accuracy
D)   accountability A

Question 3

Which of the below is not part of the seven Rs of logistics?

Accepted Answer

A)   information
B)   cost
C)   quality
D)   place C

Question 4

Due to mergers and acquisitions in the software industry and ERP vendors moving into the supply chain applications market space, it is possible to purchase

Accepted Answer

A)   best of breed solutions from leading providers in each category
B)   supply chain software suites that combine planning, execution, event management, and related capabilities
C)   spreadsheet software with expanded capabilities
D)   event management tools that monitor the supply chain for events that are out of tolerance

Question 5

RFID applications have been widely embraced due to their low cost and high reliability.

Accepted Answer

A) True 
 B)False

Question 6

Supply chain software that provides a platform for manufacturers, distributors, and retailers to aggregate and organize item-related data such as item number, price, description, and weight is called

Accepted Answer

A)   business intelligence tools
B)   supply chain collaboration tools
C)   spreadsheets and database tools
D)   data synchronization tools

Question 7

The term supply chain information system (SCIS) is defined as

Accepted Answer

A)   software that manages the supply chain.
B)   technology that has enhanced the ability of companies to pay more attention to customers.
C)   information systems that automate the flow of information between a firm and its suppliers.
D)   process management software that may or may not use ASP applications.

Question 8

What is Enterprise Resource Planning (ERP) software?

Accepted Answer

The answer of What is Enterprise Resource Planning (ERP) software?...

Question 9

Supply chain software sales faltered during the 2007-2009 recession and remained flat in 2010 and 2011.

Accepted Answer

A) True 
 B)False

Question 10

Now that people are computer-literate, they are no longer a major barrier to the effective use of information technology.

Accepted Answer

A) True 
 B)False

Question 11

Supply chain software is now available over the Internet. These applications are collectively known as on-demand software.

Accepted Answer

A) True 
 B)False

Question 12

Event management systems monitor the supply chain for events that are out of tolerance, such as a shortage of parts at a manufacturing location or the breakdown of a truck delivering an important order.

Accepted Answer

A) True 
 B)False

Question 13

"It has been said that information is the lifeline of business, driving effective decisions and action. Quality of information is less and less important, given advances in technology."

Accepted Answer

A) True 
 B)False

Question 14

Information must be real-time, not just current.

Accepted Answer

A) True 
 B)False

Question 15

What are some of the questions that must be asked by senior management in order to establish and refine the software vision that guides their organization's supply chain strategy?

Accepted Answer

The answer of What are some of the questions that...

Question 16

What are the five drivers of sustainable supply chain management practice? Give a brief definition of each driver.

Accepted Answer

The answer of What are the five drivers of sustainable...

Question 17

___________ is/are a major barrier to the effective use of information technology.

Accepted Answer

A)   cost
B)   people
C)   effective applications
D)   management support

Question 18

What are the 10 Golden Rules for technology implementation? Discuss how they are important.

Accepted Answer

The answer of What are the 10 Golden Rules for...

Question 19

The textbook provides an example of how SanDisk improved forecast accuracy by 25%, and achieved higher inventory turns and a lower cost structure as a result of implementing

Accepted Answer

A)   a new supply chain execution tool
B)   business intelligence tools
C)   an advanced planning solution
D)   new ERP systems

Question 20

Individual supply chain applications must work together to provide a holistic view of all relevant processes, and must also link effectively to supply chain partners.

Accepted Answer

A) True 
 B)False

Exam 6: Supply Chain Technology-Managing Information Flows

Business intelligence applications are being used to gather information on competitors and their suppliers.

The _________ of demand, customer orders, delivery status, inventory stock levels, and production schedules provides managers with the knowledge needed to make effective situational assessments and develop appropriate responses.

Which of the below is not part of the seven Rs of logistics?

Due to mergers and acquisitions in the software industry and ERP vendors moving into the supply chain applications market space, it is possible to purchase

RFID applications have been widely embraced due to their low cost and high reliability.

Supply chain software that provides a platform for manufacturers, distributors, and retailers to aggregate and organize item-related data such as item number, price, description, and weight is called

The term supply chain information system (SCIS) is defined as

What is Enterprise Resource Planning (ERP) software?

Supply chain software sales faltered during the 2007-2009 recession and remained flat in 2010 and 2011.

Now that people are computer-literate, they are no longer a major barrier to the effective use of information technology.

Supply chain software is now available over the Internet. These applications are collectively known as on-demand software.

Event management systems monitor the supply chain for events that are out of tolerance, such as a shortage of parts at a manufacturing location or the breakdown of a truck delivering an important order.

"It has been said that information is the lifeline of business, driving effective decisions and action. Quality of information is less and less important, given advances in technology."

Information must be real-time, not just current.

What are some of the questions that must be asked by senior management in order to establish and refine the software vision that guides their organization's supply chain strategy?

What are the five drivers of sustainable supply chain management practice? Give a brief definition of each driver.

___________ is/are a major barrier to the effective use of information technology.

What are the 10 Golden Rules for technology implementation? Discuss how they are important.

The textbook provides an example of how SanDisk improved forecast accuracy by 25%, and achieved higher inventory turns and a lower cost structure as a result of implementing

Individual supply chain applications must work together to provide a holistic view of all relevant processes, and must also link effectively to supply chain partners.