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Exam 6: Supply Chain Technology-Managing Information Flows

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Question 1

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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

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

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Question 2

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

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.

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Question 3

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

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

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

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

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

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

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

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.

"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."

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

Information must be real-time, not just current.

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

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

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?

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.

What is Enterprise Resource Planning (ERP) 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.

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