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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:
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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?
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Which of the following elements typically is considered to be an output of demand planning?

Question 446 - CSCP discussion

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Which of the following types of data most likely will be communicated between two parties who have formed a strategic alliance?

A.
Stochastic
Answers
A.
Stochastic
B.
Proprietary
Answers
B.
Proprietary
C.
Bill of material (BOM)
Answers
C.
Bill of material (BOM)
D.
Product specifications
Answers
D.
Product specifications
Suggested answer: B

Explanation:

Strategic Alliance Definition: A strategic alliance is a formal agreement between two companies to work together towards common objectives while remaining independent.

Data Sharing in Alliances: In a strategic alliance, the data shared between parties is critical to achieving mutual goals and maintaining competitive advantage.

Types of Data:

Stochastic Data: Data that incorporates randomness and uncertainty, typically not the primary focus in a strategic alliance.

Proprietary Data: Confidential and exclusive information that gives a competitive edge, crucial for strategic alliances to develop joint strategies.

Bill of Material (BOM): A comprehensive list of parts, items, assemblies, and other materials required to create a product, which might be shared but is not as crucial as proprietary data.

Product Specifications: Detailed descriptions of a product's design and features, important but generally included under the broader scope of proprietary data.

Conclusion: Proprietary data, including sensitive business information, is most likely communicated between parties in a strategic alliance to ensure coordinated efforts and mutual benefits.

'Strategic Supply Chain Management: The Five Disciplines for Top Performance' by Shoshanah Cohen and Joseph Roussel.

APICS Dictionary, 16th Edition.

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asked 16/09/2024
Joe Moore
37 questions
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