SCM Quiz 5

What does alignment in supply chain and organizational strategies entail?

• Ensuring products are available to customers

• Maximizing waste and resource inefficiency

• Aligning the supply chain with organizational goals

• Isolating supply chain from organizational plans

How does alignment between supply and demand benefit organizations?

• Maximizing waste and inefficiency

• Minimizing availability to customers

• Maximizing product availability

• Isolating supply from demand

What are the benefits of aligning the organization, its suppliers, and customers in the supply chain?

• Maximizing waste and inefficiency

• Minimizing availability to customers

• Significant benefits in supply chain operations

• Isolating trading partners from the organization's goals

Regarding relationships in the supply chain, which of the following aspects may differ in numerous ways?

• Duration

• Performance analysis

• Cooperation

• Planning

• Data analysis

Regarding relationships in the supply chain, which of the following aspects may differ in numerous ways?

• Obligation

• Interaction/communication

• Dreams

• Goals

• Expectation

Regarding relationships in the supply chain, which of the following aspects may differ in numerous ways?

• Benefits and burden

• Expectation

• Data analysis

• Planning

• Profits

What are the range of relationships type in supply chain management?

• Collaborative (partner)

• Strategic (alliance)

• Transactional (vendor)

• Cooperative (supplier)

In a strategic alliance, what do two or more business organizations do to help achieve long-term goals and objectives?

• Maintain arm's length relationships

• Modify business objectives and practices

• Focus on short-term gains only

• Avoid cooperation and collaboration

What is the typical characteristic of a relationship with a vendor in the supply chain?

• High level of integration and collaboration

• Arm's length and transactional

• Focus on long-term goals and objectives

• Extensive involvement between parties

Which relationship type is most likely to involve significant cooperation and long-term goal alignment?

• Transactional (vendor)

• Collaborative (partner)

• Strategic (alliance)

• Cooperative (supplier)