STUDY OUTLINE FOR CHAPTER 11

SUPPLY CHAIN MANAGEMENT

1. What is a supply chain?

2. What is a value chain? What are its two components?

3. What is the goal of supply chain management?

4. List eight reasons for the need for supply chain management.

1)

2)

3)

4)

5)

6)

7)

8)

5. Explain the bullwhip effect.

6. What are the benefits of effective supply chain management?

7. List the ten elements of supply chain management:

1)

2)

3)

4)

5)

6)

7)

8)

9)

10)

8. Explain the two types of decisions that are relevant to supply chain management:

1)

2)

9. Define each of these:

DRP

ECR

3-PL

10. List some advantages of e-business:

1)

2)

3)

4)

5)

6)

7)

11. What is reverse logistics, and why is control of that important?

12. List the requirements for a successful supply chain.

1)

2)

3)

4)

5)

13. Explain each of these terms:

Supply chain visibility

Event management

Fill rate

14. What does SCOR represent, and what four metrics does it use?

15. Explain RFID and why that is helpful for effective supply chain management.

16. What is CPFR?

17. List the steps involved in creating an effective supply chain:

1)

2)

3)

4)

5)

18. Explain the importance of each of these terms:

Strategic partnering

Inventory velocity

Information velocity

19. What five performance drivers must supply chain designers address?

1)

2)

3)

4)

5)

20. List the challenges involved in optimizing a supply chain:

1)

2)

3)

4)

5)

6)

21 Explain each of these terms:

Cross-docking

Delayed differentiation

Disintermediation

22. List the purchasing interfaces.

1)

2)

3)

4)

5)

23. List the main steps in the purchasing cycle.

1)

2)

3)

4)

5)

24. What is supplier certification and how is that useful?

25. Briefly describe each aspect with respect to partnering

Number of suppliers

Length of relationship

Low price

Reliability

Openness

Quality

Volume of business

Flexibility

Location

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