Introduction to Supply Chain Management Essay

1. correspond to the text, key ingredients for developing successful hand over partnerships include all of the following but a. Personal relationships b. Individualized objectives c. Mutual benefits and ineluctably d. Performance metrics 2. The combination of the barter for price of a good and additional costs incurred before or subsequently product delivery can be referred to as a. Total cost of encyclopaedism b. Total cost of ownership c. leverage requisition cost d. Total procural cost 3. Benefits of implementing an effective supplier credential program include all or the following EXCEPT a. Building long-run relationships b. Reducing time spent on incoming inspectionsc. Increasing supplier stolid d. Recognizing excellence 4. A company use a weighted-criteria evaluation system has formal these 5 categories and the appropriate weight in parentheses Quality (0.30) Responsiveness (0.20) Delivery (0.20) damage (0.20) Technology (0.10) Company X standard the following ra tings in each of the quin categories Quality(90), Responsiveness(80), Delivery(80), Cost(90), Technology(90). What is their total score? a. 87.0 b. 85.5 c. 86.0 d. 84.0 5. SRM software should be capable of a. Automating transactional processes b. Making information run for between partners more visible c. integration of the supply chain making it assertable to monitor multiple departments and processes both internally and externally