Front

Small changes in consumer demand can result in large variations in orders placed because of the: Supply chain, Lead time effect, Bullwhip effect., Safety stock requirement.

Back

Bullwhip effect.

Front

Examination of the sources of supply for purchased parts or materials in order to improve performance is called:

Back

Vendor analysis.

Front

Which of the following is not a benefit of centralized purchasing? Better service from suppliers, Potential for use of purchasing specialists, Potential for quantity discounts, Quick response to local needs

Back

Quick response to local needs

Front

Our organization can obtain visibility to potential trading partners on the Internet by using: B2C, B2B, 2BC, C2C

Back

B2B

Front

The interface between the firm and its suppliers is:

Back

Purchasing.

Front

Logistics includes all of these except: Incoming shipments of goods or materials, Outgoing shipments of goods or materials, Returned goods processing.

Back

Customer selection

Front

It is especially the case for small businesses that closer interactions and increased agility make __________ relatively more attractive.

Back

Domestic suppliers

Front

Outsourcing followed by __________ is not simple.

Back

Backsourcing

Front

Which of the following is not a measure of the reliability of the supply chain? Improving e-fulfillment statistics, Fill rate, Supply chain response time, Lead time variability

Back

Supply chain response time

Front

The purchasing perspective of the supplier as a partner is characterized by: One or a few suppliers, Low flexibility, Low volume, 100 percent inspection for quality

Back

One or a few suppliers.