C4_Supply Chain Integration

What is Supply Chain Integration?

• The process of merging two companies

• The coordination and collaboration among supply chain partners

• The production of goods at a lower cost

• The elimination of suppliers from the supply chain

Which technology is commonly used to improve supply chain integration?

• Enterprise Resource Planning (ERP)

• Social Media Platforms

• Virtual Reality (VR)

• Video Conferencing Software

What is a key benefit of supply chain integration?

• Increased inventory levels

• Reduced collaboration among stakeholders

• Improved efficiency and cost savings

• Higher transportation costs

What is a common challenge in implementing supply chain integration?

• Lack of customer demand

• Reduced efficiency in production

• Communication barriers between partners

• Increase in supply chain complexity

What is the first step in the supply chain integration process?

• Establishing supplier relationships

• Demand forecasting

• Reducing cost

• Information sharing and communication

Which of the following is a common obstacle in supply chain integration?

• Lack of trust among supply chain partners

• Efficient inventory management

• Seamless data sharing

• Strong collaboration between suppliers and manufacturers

What is one major internal obstacle to supply chain integration?

• Strong cross-functional collaboration

• Lack of clear communication and coordination between departments

• Well-defined supplier partnerships

• Efficient forecasting and demand planning

Which strategy can help build trust among supply chain partners?

• Ignoring supplier feedback

• Keeping all operational data confidential

• Reducing interactions with suppliers

• Enhancing transparency and information sharing

How can companies improve coordination in an integrated supply chain?

• Avoiding partnerships with logistics providers

• Reducing the number of suppliers in the network

• Implementing real-time data sharing and analytics

• Using only traditional supply chain methods

Which of the following is NOT one of the 8 keys to supply chain business process excellence?

• Customer Relationship Management (CRM)

• Social Media Marketing

• Demand Management

• Order Fulfillment