Global Supply Chain Strategy
Practice Questions
Course Introduction
Global Supply Chain Strategy explores the design, management, and optimization of supply chains from an international perspective. The course examines how companies coordinate the flow of goods, information, and finances across geographical and organizational boundaries to build competitive advantage. Key topics include global sourcing, logistics, risk management, strategic alliances, and the impact of global trends such as digitalization and sustainability. Students will analyze case studies and real-world scenarios to understand the complexities and strategic decisions involved in global supply chain management, preparing them to address challenges and leverage opportunities in a dynamic global marketplace.
Recommended Textbook
Supply Chain Management A Logistics Perspective 10th Edition by John J. Coyle
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15 Chapters
547 Verified Questions
547 Flashcards
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Chapter 1: Supply Chain Management: an Overview
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34 Verified Questions
34 Flashcards
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Sample Questions
Q1) A key element in Wal-Mart's ability to discount brand name products was an understanding of the criticality of efficiency in its logistics and supply chain system.
A)True
B)False
Answer: True
Q2) The challenge to develop and sustain an efficient and effective supply chain(s) requires organizations to address a number of issues. Which of the following is not included in them?
A) Complexity
B) Inventory deployment
C) Inventory carrying costs
D) Technology
Answer: C
Q3) Supply and demand has become less volatile as managers have become more adept at controlling the elements.
A)True
B)False
Answer: False
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Chapter 2: Global Dimensions of Supply Chains
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36 Flashcards
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Sample Questions
Q1) Tariffs and other trade barriers have been significantly reduced among many countries, allowing a much more competitive global economy.
A)True
B)False
Answer: True
Q2) From a customer service perspective, one of the four important characteristics for global market and strategy is technology companies counteract short product lifecycle with continual upgrades and new products.
A)True
B)False Answer: True
Q3) Reduced order cycle time has become an important part of supply chain management since it can lead to lower inventory levels for customers, improved cash flow, lower current assets, and accounts receivable.
A)True
B)False Answer: True
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Chapter 3: Role of Logistics in Supply Chains
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36 Flashcards
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Sample Questions
Q1) In a logistics system, warehousing should be optimized at the expense of related logistics activities, such as transportation and procurement.
A)True
B)False
Answer: False
Q2) To hold down distribution cost, the lowest cost carrier should always be used.
A)True
B)False
Answer: False
Q3) The mathematical calculation of the point of equality between systems under analysis is used for short-run/static analysis.
A)True
B)False
Answer: False
Q4) Transportation is the physical movement or flow of goods.
A)True
B)False
Answer: True
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Chapter 4: Distribution and Omni Channel Network Design
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38 Verified Questions
38 Flashcards
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Sample Questions
Q1) Application of the grid technique to the location of a city warehouse:
A) is no different from applying it in any other situation.
B) incorporates a blanket rate structure that applies the same rate from an origin to any point within the city or commercial zone.
C) considers the costs of moving raw materials into the facility, and moving finished goods to the customers.
D) accounts for information like highway access and facility availability within the grid coordinates.
Q2) Define the principles of tapering rates, blanket rates, and commercial zones and the implication of each on location selection.
Q3) The grid technique will evaluate all transportation rates equally.
A)True
B)False
Q4) In the short run, the firm's network is _____ while in the long run it is _____.
A) fixed; variable
B) adoptable; reversible
C) variable; reversible
D) reversible; fixed
Q5) What are the current trends governing site selection?
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Chapter 5: Sourcing Materials and Services
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36 Verified Questions
36 Flashcards
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Sample Questions
Q1) In the Assess Supply Market step, the firm:
A) determines which are the least cost vendors.
B) decides which vendors are located closest to the firm's plant to insure timely delivery.
C) identifies all possible suppliers that might be able to satisfy the user's needs.
D) defines the parameters of the sourcing strategy process.
Q2) What are at least three types of certifications and registrations, what do they signify, and why are they important?
Q3) There are four types of products and services that are purchased with varying degrees of importance. Name all four, and choose two to discuss in terms of risk and value.
Q4) Which e-commerce business model used in procurement and sourcing has a seller-operated service that consists of a number of electronic catalogs from suppliers within a market?
A) Sell-side system
B) Electronic marketplace
C) Buy-side systems
D) Online trading community
E) None of these answers
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Chapter 6: Operations Producing Goods and Services
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37 Verified Questions
37 Flashcards
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Sample Questions
Q1) A workcenter is a fixed layout where the product remains in place for the duration of production.
A)True
B)False
Q2) Capacity planning and materials planning are the same.
A)True
B)False
Q3) Discuss the three planning timeframes, how they relate to capacity planning and materials planning, and the various tools associated with them.
Q4) Manufacturing and production operations create form utility.
A)True
B)False
Q5) In an MRP system, this document identifies all of the components required to assemble an independent demand item.
A) Inventory status file
B) Bill of materials
C) Master production schedule
D) None of these answers
Q6) What is offshoring? How does it affect manufacturing and logistics?
Page 8
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Chapter 7: Demand Management
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34 Flashcards
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Sample Questions
Q1) The internal balancing method deals with:
A) price and lead time.
B) inventory and production flexibility.
C) functional silos.
D) channel selection.
Q2) Dependent demand is directly influenced by independent demand.
A)True
B)False
Q3) Forecasting has become extremely accurate, especially since the development of the S&OP process.
A)True
B)False
Q4) One type of demand fluctuation is caused by random variation. What is random variation?
A) Errors in inventory management
B) Errors not caught by using exponential smoothing
C) A development that cannot normally be anticipated
D) Failure to properly execute the SO&P process plan
Q5) There are at least three forecasting methods. Name them and choose one to discuss in more detail, including advantages and disadvantages.
Page 9
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Chapter 8: Order Management and Customer Service
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36 Flashcards
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Sample Questions
Q1) "Order to cash" and "order cycle" are the same.
A)True
B)False
Q2) With the proper information on how a customer's interaction with the shipper drives the firm's costs, the firm can then segment its customers by profitability.
A)True
B)False
Q3) Firms today are beginning to use techniques such as activity-based costing to more accurately allocate costs to customers based on the specific costs of servicing a customer's orders relative to how, how much, what, and when a customer orders.
A)True
B)False
Q4) Define and discuss the Marketing/Logistics interface.
Q5) Which is NOT part of dependability?
A) Cycle time
B) Safe delivery
C) Correct orders
D) Consistent pricing
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Page 10
Chapter 9: Managing Inventory in the Supply Chain
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Sample Questions
Q1) Capital cost focuses on the cost of capital tied up in _____ and the resulting lost opportunity from investing that capital elsewhere.
A) plants
B) inventory
C) distribution centers
D) WIP
Q2) JIT is often used to force inventory back up the pipeline and therefore does not reduce inventory.
A)True
B)False
Q3) Seasonal stocks are not influenced by:
A) EOQ.
B) weather.
C) transportation.
D) holidays.
Q4) This type of inventory is influenced by the reliability of demand and lead time.
A) Cycle stock
B) WIP
C) Safety stock
D) Seasonal stock
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Chapter 10: Distribution
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Sample Questions
Q1) If a DC that picks primarily cases switches to mostly broken cases (with the same items), which of the following would occur in the DC?
A) Labor costs would increase
B) Total transportation costs would increase
C) Total inventory holding costs would increase
D) Total packaging costs would increase
E) None of these answers
Q2) One important interaction that must be considered is the tradeoff between distribution and _____.
A) transportation
B) finance
C) marketing
D) services
Q3) Distribution operations help organizations overcome challenges, support other processes, and take advantage of economies of scale. Name and briefly discuss five roles that these operations play.
Q4) What are the primary capabilities, advantages, and disadvantages of direct distribution, DCs, and cross-docks?
Q5) Name the five product handling functions and discuss each.
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Chapter 11: Transportation
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38 Flashcards
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Sample Questions
Q1) Which management area in an organization does not normally have transportation responsibility?
A) Marketing
B) Manufacturing
C) Procurement
D) Logistics
Q2) Railroads fall into a group called:
A) nonintegrated carriers.
B) intermodal operators.
C) natural monopolies.
D) service challenged carriers.
Q3) Following the trend in deregulation of most transportation modes, freight rate negotiations are being decentralized.
A)True
B)False
Q4) A bill of lading is nonnegotiable.
A)True
B)False
Q5) Discuss the elements of carrier selection, and how it differs from mode selection.
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Chapter 12: Aligning Supply Chains
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35 Flashcards
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Sample Questions
Q1) Once a 3PL provider is chosen, it is not necessary for an organization to seek continuous improvements as the 3PL will handle that function.
A)True
B)False
Q2) A horizontal relationship refers to firms on the same level in the supply chain.
A)True
B)False
Q3) Whether the relationship may or may not be with a provider of logistics services, today's supply chain relationships are most effective when collaboration occurs among the _____ who are involved.
A) participants
B) third party logistics providers
C) customers
D) suppliers
Q4) The range of relationships with 3PLs ranges from being a vendor to being a vertical supplier.
A)True
B)False
Q5) Define and discuss the term "4PL."
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Chapter 13: Supply Chain Performance Measurement and Financial Analysis
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Sample Questions
Q1) Discuss the Supply Chain Financial Impact on an organization.
Q2) A metric could drive inappropriate behavior.
A)True
B)False
Q3) Scorecards and key performance indicators (KPIs) are the same thing.
A)True
B)False
Q4) An "executive dashboard" is:
A) a small number (usually less than five) of KPIs.
B) used by senior management to track profits.
C) metrics used by an organization's suppliers.
D) a trend that has only recently developed.
Q5) Evaluating current or potential supply chain performance metrics is not important to a sound logistics program.
A)True
B)False
Q6) There are seven factors in the successful development of supply chain metrics. Name them, and select any two to discuss in more detail.
Q7) Discuss the differences between the terms metric, measure, and index.
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Chapter 14: Supply Chain Technology
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41 Verified Questions
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Sample Questions
Q1) Which of the below is not part of the seven Rs of logistics?
A) Information
B) Cost
C) Quality
D) Place
Q2) Why would companies choose to use on-demand software versus licensed software?
Q3) Describe the attributes of information quality and how they impact supply chain decision making.
Q4) Managers have several options for software development and implementation. They include:
A) internal development.
B) third party logistics firms.
C) external software vendors.
D) all of these answers.
Q5) Technological capabilities ultimately determine the success or failure of SCIS, rather than the technology users.
A)True
B)False
Q6) How will the Internet of Things, mobile connectivity, and automation drive change in a supply chain?
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Chapter 15: Strategic Challenges and Change for Supply Chains
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Sample Questions
Q1) Why is sustainability such a complex and challenging issue for organizations? How can they simplify these challenges from a supply chain perspective?
Q2) Which one of the choices below is NOT one of the various stages and levels of sophistication and robustness that is associated with supply chain analytics?
A) Descriptive
B) Predictive
C) Indicative
D) Cognitive
E) None of these answers
Q3) For an omni-channel retailer, the critical issue is not where inventory is positioned within the network but whether it is available to fill an order, regardless of its origin.
A)True
B)False
Q4) How is the role of supply chain professionals evolving? What skills will managers need in the future to succeed in this profession?
Q5) What strategies and steps can organizations pursue to combat the SCM talent shortage?
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