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SCMl 300l Examl 1l (Latestl 2026/l 2027l Update)l Guide|l 100%l Verifiedl Questionsl &l Answersl |l Gradel A
Q:l 7l typesl ofl waste
Answer:
·l Defectsl -l Poorlyl manufacturedl productsl arel garbage.·l Overproductionl -l Makingl productsl nol onel needsl isl al wastel ofl time,l money,l andl effort.·l Transportationl -l Movingl productsl doesl notl makel thel productsl better,l inl factl itl increasesl thel possibilityl ofl theft,l damage,l andl loss.·l Motionl -l Ifl employeesl movel tool muchl inl al supplyl chainl theyl couldl getl tired,l injured,l theyl mayl bel wastingl time.·l Waitingl -l Work-in-processl waitingl tol bel finishedl wasl madel tool early.l Itemsl shouldl notl bel producedl tool farl inl advancel ofl theirl need.·l Inventoryl -l Itemsl onl thel shelfl arel notl providingl anl immediatel returnl andl theyl couldl getl lost,l broken,l orl stolen.·l Over-Processingl -l Doingl workl thatl isl unnecessaryl orl undesiredl isl al wastel ofl timel andl resources.
Q:l Keysl tol beingl al successfull SCl Manager
Answer:
ol a.l Satisfyl thel needsl ofl thel customer ol b.l Satisfyl thel needsl ofl thel company ol c.l Bel preparedl forl thel future
Q:l Supplyl Chainl Strategy
Answer:
·l Understandingl thel product/servicel andl thel market'sl desires ·l Developingl al businessl model ·l Organizingl thel rightl groupl ofl supplyl chainl partners 1 / 4
Q:l supplyl chainl tools
Answer:
·l Supplyl chainl metricsl (reportl successl /l failures) ·l Informationl technologyl toolsl (collect,l organize,l &l reportl data) ·l Relationshipl managementl skillsl (workl withl suppliers.l Satisfyl endl consumer) ·l Financiall resourcesl (money) ·l Organizationall integrationl (communicationl withl otherl branchesl ofl thel company)
Q:l leadl time
Answer:
·l Thel periodl ofl timel betweenl whenl anl orderl isl placedl andl whenl thel orderl isl receivedl byl thel customers
Q:l lotl size
Answer:
·l Anl acceptedl orderl sizel (AKAl orderl sizel increment)
Q:l companyl risks
Answer:
Theftl orl damagel tol inventory,l latel shipmentsl froml supplier,l employeel sickness,l employeel strike,l machinel malfunctions,l harshl weather
Q:l supplierl risks
Answer:
Employeel sicknessl orl strikes,l suddenl increasesl inl demandl forl yourl company'sl supplies,l thel risksl posedl byl theirl suppliers
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Q:l customerl risks
Answer:
suddenl increasesl inl demand,l damagel tol customer'sl inventory
Q:l demandl forecasted
Answer:
·l Al predictivel analysisl and/orl estimationl ofl consumerl demandl inl al futurel period
Q:l Qualitativel Forecasting
Answer:
§l Queryl executives,l experts,l salesl people,l consumers §l Irrelevantl currentl date,l lackl ofl currentl data,l incompletel data §l Newl products,l newl markets §l Whenl isl thel groupl "smarter"l thanl thel expert?
Q:l Quantitativel Forecasting
Answer:
§l Valuel ofl numbers?l Limitationl ofl numbers?§l Howl muchl dol companiesl valuel statistics?§l Casuall methodsl -l linearl regressions §l Timel seriesl -l average,l trends,l seasonal...
Q:l sku
Answer:
Al specificl productl orl service'sl identificationl codel usedl tol trackl inventoryl orl catalogl sales.
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Q:l Independentl Demandl Item
Answer:
Anl iteml forl whichl demandl levelsl arel notl directlyl impactedl byl thel demandl ofl anotherl relatedl item.(Car)
Q:l dependentl demandl items
Answer:
Anl iteml forl whichl demandl levelsl arel directlyl impactedl byl thel demandl ofl anotherl relatedl item.(windshieldl wipers,l oil)
Q:l Work-in-Processl (WIP)
Answer:
-l Itemsl thatl havel begunl thel manufacturingl processl butl arel notl yetl completed.l Forl example,l partiallyl assembledl shovels.
Q:l Finishedl goods
Answer:
Itemsl thatl arel completedl andl readyl forl shipmentl atl al manufacturingl facilityl orl assemblyl plant.l Forl example,l fullyl assembledl shovels.
Q:l Maintainance,Repairl andl operations
Answer:
Itemsl thatl arel notl intendedl asl partl ofl thel finishedl goodsl butl arel importantl tol thel dailyl operationsl ofl thel company.l Examplesl includel desks,l computers,l cleaningl supplies,l oil/lubricantsl andl factoryl equipment.
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