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SCM 486

Quick Check - Topic 15

QuestionAnswer
Which can be regarded as the foundation for Honda’s supplier integration successes? - Information sharing - Trust - Open-book accounting - Involving suppliers late in NPD - Streamlined and coordinated processes Trust
Actions by which group of companies served as a wake-up call for companies worldwide in the 1980s? - Italian fashion manufacturers - UK telecommunication companies - The Canadian service industry - Japanese manufacturers - Mexican maquiladoras Japanese manufacturers
Which is not a benefit of supplier integration? - Reduced design and development time - Reduced procurement item cost - Reduced procurement item reliability - Reduced financial risk - Reduced technological risk Reduced procurement item reliability
Which is the most intense form of supplier integration? - Vendor managed inventory - Collaborative forecasting - Early supplier involvement in NPD - Supplier-integrated manufacturing - Insourced warehousing Supplier-integrated manufacturing
Which is not a step in the VMI replenishment process? -Supplier delivers inventory -Supplier evaluates inventory and sales status -Store shares POS data with supplier -Supplier stocks shelves and rotates product -Supplier receives PO and fills order Supplier receives PO and fills order
What is inviting suppliers into your plant to manufacture and assemble the product referred to as? -Supplier-leveraged manufacturing -Third-party manufacturing -Outsourced manufacturing -Collaborative manufacturing -Supplier-integrated manufacturing Supplier-integrated manufacturing
The production forecast is dealt with in which review meeting of the S&OP process? - Product review - Demand review - Supply review - Reconciliation - Business review Supply review
At which step of CPFR is the cadence call most commonly and appropriately used? - Strategy and planning - Demand and supply management - Execution - Analysis - All of the above Demand and supply management
Order generation and fulfillment are done in which step of CPFR? - Strategy and planning - Analysis - Demand and supply management - Execution Execution
Which is a requirement for IBP to work? - Leadership commitment - Trustworthy partners - Confidentiality - Change management - All of the above All of the above
The goal of the stage-gate process is to identify the weak concepts and remove them from the development pipeline as soon as possible. This helps conserve resources for the best concepts. - True - False True
Which is not a best practice for the successful application of the Stage-Gate process? - Dedicate sufficient resources - Define roles - Don’t worry about management support - Track performance - Design a robust process Don’t worry about management support
Created by: tgalless
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