Concept Testing Exercise-Supply Chain Technologies

Supply chain information technologies can provide timely, cost-efficient sharing of information between suppliers, manufacturers, intermediaries, logistics services providers, and customers.

• True

• False

"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."

• True

• False

IoT is unconnected technology with sensors, on/off switches, and Internet linkages that allow supply chain managers to intelligently link people, processes, data, and things.

• True

• False

The promise of driverless vehicles is a long-range prospect as much more testing and proof of concept will be needed to gain regulatory and public acceptance of truly driverless vehicles.

• True

• False

Technological capabilities ultimately determine the success or failure of SCIS, rather than the technology users.

• True

• False

Web-enabled SCIS allows managers to monitor sourcing, transportation, and inventory data at the order and item level

• True

• False

There are three principle supply chain information requirements that support effective decision-making. First, the information in a system must meet quality standards to support fact-based decision making. Second, the information must readily flow within and between organizations. Third, the information must support multiple types of supply chain decisions.

• True

• False

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.

• True

• False

ERP systems are multimodal application software platforms that help organizations manage the important parts of their businesses.

• True

• False

Spreadsheets and database software no longer have a place in SCIS as newer tools have supplanted them

• True

• False