Which of the following are NOT participants in supply chain management systems?
Demand forecasting, inventory control, return goods handling and order processing are all common activities associated with:
|B)||new product development cycles.|
|C)||operations and accounting departments.|
Without supply chain management, you as a consumer would face a different world. Which of the following would be true if supply chains did not exist?
|A)||If you wanted a product, you would have to go directly to the manufacturer to pick it up.|
|B)||There would be no retail stores.|
|C)||There would be no wholesalers.|
|D)||You could only buy products when they were produced.|
|E)||All of these are consequences of an unmanaged supply chain.|
__________ is the electronic exchange of business documents from a retailer to a vendor and back, and may include sales data, purchase orders, invoices, and data about returned merchandise.
In a(n) __________ system, information is used to generate a sales forecast and a delivery schedule.
It is advantageous for retailers to use distribution centers for all of the following reasons EXCEPT:
|A)||the distribution center works best when the retailer has only a few outlets.|
|B)||distribution center space is less expensive than storage costs at retail stores.|
|C)||distribution centers make it possible for retailers to carry less inventory in the stores.|
|D)||distribution centers make it possible to reduce or prevent stock-outs.|
|E)||distribution centers can consolidate preparation to make merchandise floor-ready.|
RFID tags have dramatically reduced the time and labor associated with:
|C)||checking and receiving merchandise.|
|D)||new product development.|
|E)||training retail personnel on basic customer service.|
If you were to visit a distribution center, you'd likely see all of the following activities EXCEPT:
|A)||getting merchandise floor ready.|
|B)||coordinating inbound transportation.|
|C)||coordinating outbound transportation.|
|D)||receiving, checking and storing merchandise.|
|E)||coordination of advertising in local outlets.|
__________ merchandise arrives in the delivery truck ready to be sold.
For a JIT system to be successful, the firm and its vendors need to:
|C)||develop EDI systems.|
|D)||develop CPFR systems.|
|E)||All of these|
In a(n) __________ vertical marketing system, the relative power of the channel members determines who will dominate.
|E)||None of these|