Question 1

Which of the following trends is the driving force in the growth of information technology in supply chain management?

Accepted Answer

A)   Globalization
B)   Increasing complexity
C)   Reliance on data
D)   All of these answers D

Question 2

Discuss the role of information in the supply chain, and identify the three principle requirements for supply chain information.

Accepted Answer

It has been said that information is the lifeblood of business, driving appropriate decisions and actions. Across the supply chain, store inventory replenishment decisions are based on point-of-sale data, carrier selection is driven by delivery service goals, and production schedules are derived from forecasts. Essentially, information connects the extended supply chain, providing managers with insights about activities taking place at distant supplier and customer locations. This cross-chain visibility to demand, customer orders, delivery status, inventory stock levels, and production schedules gives managers the ability to properly assess situations and develop appropriate responses. There are three principle supply chain information requirements that support effective decision making. First, the information in a system must meet quality standards to support fact-based decision making. Second, the information must readily flow within and between organizations. Third, the information must support multiple types of supply chain decisions.

Question 3

A significant challenge in SCIS management is the integration of various applications created by different vendors, a problem that is exacerbated by the fact that these competing vendors refuse to address integration issues or to foster better synchronization.

Accepted Answer

A) True 
 B)False  False

Question 4

Compare the two SCM software purchasing options-licensed software and SaaS.

Accepted Answer

The answer of Compare the two SCM software purchasing options-licensed...

Question 5

Like many organizations, Acme Fasteners & Tools has purchased various components of its supply chain management system one at a time, bit by bit over the years. Some of these components communicate well among themselves, while other components have never been fully integrated into the system. Which of the following best describes this common issue in SCM?

Accepted Answer

A)   Expecting a solution to resolve a flawed supply chain
B)   Failing to align technology with processes
C)   Creating gaps in the technology system
D)   Failing to prepare for successful implementation

Question 6

Supply chain information technologies can provide timely, cost-efficient sharing of information between suppliers, manufacturers, logistics services providers, and customers.

Accepted Answer

A) True 
 B)False

Question 7

Managers have several options for software development and implementation. They include:

Accepted Answer

A)   internal development.
B)   licensed software solutions from vendors.
C)   software as a service.
D)   all of these answers.

Question 8

The best description of a supply chain information system (SCIS) is:

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 provide management with supply chain data that facilitates timely decision making.
D)   process management software that may or may not use ASP applications.

Question 9

Thanks to recent advantages in technology, there are many solutions available that will fix flawed supply chain processes and make effective use of even poor quality data.

Accepted Answer

A) True 
 B)False

Question 10

Describe how a supply chain information system enables process excellence and links the essential elements.

Accepted Answer

The answer of Describe how a supply chain information system...

Question 11

When supply chain partners have access to the same real-time information and use it to gain consistent insights and drive collaborative decisions, it is called:

Accepted Answer

A)   optimization .
B)   segmentation .
C)   cross-chain visibility .
D)   synchronization .

Question 12

Discuss the relative advantages of best-of-breed software versus supply chain suites.

Accepted Answer

The answer of Discuss the relative advantages of best-of-breed software...

Question 13

Which of the following is not part of the seven "rights" of logistics?

Accepted Answer

A)   Information
B)   Cost
C)   Quality
D)   Place

Question 14

Name at least four of the seven golden rules supply chain managers should follow to successfully guide an IT implementation process and avoid disruptions. Which rule do you think is most important, and why?

Accepted Answer

The answer of Name at least four of the seven...

Question 15

There are three principle supply chain information requirements that support effective decision-making. Which of the following is not one of the three?

Accepted Answer

A)   Information must meet quality standards to support fact-based decision-making.
B)   Information must readily flow within and between organizations.
C)   Information must support multiple types of supply chain decisions.
D)   Information must be in the form of real-time data.

Question 16

TransNational Shipping is preparing to invest more than $1 million in a new system that applies machine learning, AI, and analytics to create and automate rules for shipping, sourcing, and logistics. This is an example of which type of technology expected to emerge in the future?

Accepted Answer

A)   Digital supply chain twin
B)   Intelligent order management
C)   Quantum computing
D)   AI cloud computing

Question 17

Summarize at least five of the eight attributes of information quality.

Accepted Answer

The answer of Summarize at least five of the eight...

Question 18

There are three principle supply chain information requirements that support effective decision-making. First, the information in a system must meet quality standards to support fact-based decision making. Second, the information must readily flow within and between organizations. Third, the information must support multiple types of supply chain decisions.

Accepted Answer

A) True 
 B)False

Question 19

Supply chain software includes technologies that:

Accepted Answer

A)   address virtually every function and task that occurs in the supply chain.
B)   help organizations plan, execute, and control supply chain activities in real time.
C)   help to maintain visibility of inventory.
D)   all of these answers.

Question 20

What is the role of enterprise resource planning (ERP) systems in SCM?

Accepted Answer

The answer of What is the role of enterprise resource...

Exam 14: Supply Chain Technology Managing Information Flows

Which of the following trends is the driving force in the growth of information technology in supply chain management?

Discuss the role of information in the supply chain, and identify the three principle requirements for supply chain information.

A significant challenge in SCIS management is the integration of various applications created by different vendors, a problem that is exacerbated by the fact that these competing vendors refuse to address integration issues or to foster better synchronization.

Compare the two SCM software purchasing options-licensed software and SaaS.

Supply chain information technologies can provide timely, cost-efficient sharing of information between suppliers, manufacturers, logistics services providers, and customers.

Managers have several options for software development and implementation. They include:

The best description of a supply chain information system (SCIS) is:

Thanks to recent advantages in technology, there are many solutions available that will fix flawed supply chain processes and make effective use of even poor quality data.

Describe how a supply chain information system enables process excellence and links the essential elements.

When supply chain partners have access to the same real-time information and use it to gain consistent insights and drive collaborative decisions, it is called:

Discuss the relative advantages of best-of-breed software versus supply chain suites.

Which of the following is not part of the seven "rights" of logistics?

Name at least four of the seven golden rules supply chain managers should follow to successfully guide an IT implementation process and avoid disruptions. Which rule do you think is most important, and why?

There are three principle supply chain information requirements that support effective decision-making. Which of the following is not one of the three?

TransNational Shipping is preparing to invest more than $1 million in a new system that applies machine learning, AI, and analytics to create and automate rules for shipping, sourcing, and logistics. This is an example of which type of technology expected to emerge in the future?

Summarize at least five of the eight attributes of information quality.

Supply chain software includes technologies that:

What is the role of enterprise resource planning (ERP) systems in SCM?