SCM 308 CH2

Supply chain disruptions and lockdowns forced companies to innovate and digitalize

• True             

•  False

With disruption distributors take stock and rethink old ways of managing inventory and consider new trends and methods to keep their customers satisfied and attract new business.

• True             

•  False

Reducing cost, increasing flexibility, boosting resilience, embedding digital technology, and protecting business continuity are:

• Disadvantages of IOT

• Advantages of Saas.

• The Future of Business

• The top five supply chain priorities

All of the below from the top five supply chain priorities except:

• reducing cost

• Demand Forecasting

• increasing flexibility

• boosting resilience

 

 

Distributors are responding to inventory management and strengthening their ability to serve customers more quickly and less efficiently.

• True

• False

---------------------------is a lead nurturing and user engagement approach in which a company gives access to their products, offers, and support services to customers or prospects on all channels, platforms, and devices

• Omnichannel strategy

• Supply chain automation

• Quantity on Hand (QOH)

• Minimum Stock Levels (Min)

Company after COVID-19 are increasing their investments in demand forecasting and predictive planning.

• True

• False

1.     ……………… is a critical part of supply chain management and using intelligent apps can help incorporate data on actual usage into decision making.

• Demand planning

• Internet

• Investments

• Recourses

Very Important Customers (VICs), comprises typically no more than:

• 30% of customers and 70% of revenue

• 20% of customers and 80% of revenue

• 50% of customers and 50% of revenue

• 80% of customers and 20% of revenue

Quantity on Hand and minimum Stock Levels are :

• Critical metrics tracked at the point-of-use, in distribution centers optimization.

• Critical metrics tracked at the point-of-use, in blockchain centers optimization.

• Critical metrics tracked at the point-of-use, in radio frequency optimization.

• Critical metrics tracked at the point-of-use, in bare code systems.