click below
click below
Normal Size Small Size show me how
SCM 486
Quick Check - Topic 11
Question | Answer |
---|---|
What does MRP enable you to do better? - Engineering design and blueprinting - Consolidating accounts payable - Marketing planning and execution - Production planning and scheduling - Sales forecasting and implementation | Production planning and scheduling |
When did Material Requirements Planning start to gain traction (i.e., widespread adoption)? - 1970s - 1980s - 1990s - 2000s | 1970s |
What does EDI stand for? - Electronic Data Interchange - Economic Development Initiative - Evaluate, Develop, Implement - Extreme Deep Invader - Extended Destination Index | Electronic Data Interchange |
ERP was an immediate outgrowth of which other technology? - The Internet - MRP - EDI - MRP II - Sourcing suites | MRP II |
Which is not commonly part of an electronic sourcing application suite? - Supply base management - Spend analysis - Demand forecasting - Contract management - E-sourcing | Demand forecasting |
Which of the following is a potential positive outcome of a successful electronic sourcing strategy? - Lower transaction costs - Better sourcing decisions - Improved leverage - More effective supplier relationship management - All of the above | All of the above |
For electronic sourcing to yield beneficial outcomes, all you need to do is buy the right technology and have consultants help you implement it. - True - False | False |
What is the central component of an ERP system? - The interface between accounting and finance - The relational database - The purchasing module - The interface between purchasing and sales - The finance module | The relational database |
Which is NOT one of the benefits of an ERP system? - Enhanced data analytics - Improved visibility - Automation and efficiency - Increased data accuracy - Cumbersome processes | Cumbersome processes |
Which activities can be enabled by electronic sourcing? - Identification of a suitable set of suppliers - Qualification of suppliers - Negotiations with suppliers - Exchanging documents electronically (e.g. POs) - All of the above | All of the above |