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A company finds that one of its warehouses is out of capacity to store products. Expanding the physical size of the warehouse is not an option. The most appropriate solution would be to increase the:
The purpose of price differentiation is to:
In a make-or-buy decision, if the product is modular and the company is dependent on knowledge and capacity, outsourcing most likely will be:
A company's annual cost of goods sold is $350 million, and inventory carrying cost is 18%. The company averages four inventory turns. The cost savings resulting from increasing inventory turns from four to six would be:
Throughout most of the supply chain, safety stock will be de-emphasized as a result of improved:
The practice of supply chain members acting in close collaboration while retaining independent ownership is known as:
A company considers moving a portion of its production to a distant country to support a major customer. Which of the following actions is most effective in mitigating the risk of financial loss in the event of a global economic downturn?
Which of the following types of risk typically would be most difficult to plan for and mitigate?
For an item with high profit impact and low supply risk, what would be a likely procurement strategy to support the overall supply strategy?
Which of the following elements typically is considered to be an output of demand planning?

Question 17 - CSCP discussion

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Which of the following scenarios represents a correct application of the Supply-Chain Operations Reference-model (SCOR)?

A.
Sales and marketing refers to SCOR to improve demand generation.
Answers
A.
Sales and marketing refers to SCOR to improve demand generation.
B.
Production and engineering uses SCOR best practices to design a new 'make' process flow.
Answers
B.
Production and engineering uses SCOR best practices to design a new 'make' process flow.
C.
Distribution and logistics selects suppliers from the SCOR reference list.
Answers
C.
Distribution and logistics selects suppliers from the SCOR reference list.
D.
Marketing and development incorporates SCOR Level I metrics for new product design.
Answers
D.
Marketing and development incorporates SCOR Level I metrics for new product design.
Suggested answer: B

Explanation:

The Supply-Chain Operations Reference-model (SCOR) is a process reference model that provides a comprehensive framework for evaluating and improving supply chain performance. It includes best practices for various supply chain processes such as plan, source, make, deliver, return, and enable. In this context, the production and engineering departments using SCOR best practices to design a new 'make' process flow is a correct application of the model. The 'make' process in SCOR focuses on production activities, and leveraging SCOR's best practices helps in designing efficient and effective production processes.

Supply Chain Council. (2012). Supply Chain Operations Reference Model (SCOR) Version 11.0. Supply Chain Council, Inc.

Bolstorff, P., & Rosenbaum, R. (2007). Supply Chain Excellence: A Handbook for Dramatic Improvement Using the SCOR Model. AMACOM.

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asked 16/09/2024
Sergio Quintero Angel
36 questions
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