Developing a JIT supply chain generally implies adopting which of the following strategies with suppliers?
A. Short-term contracts with revolving suppliers
B. Competitive bidding among the widest possible number of suppliers
C. Open bidding for flexibility supported by frequent inspection of incoming shipments
D. Long term relationships with a limited number of suppliers
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Members of a supply chain want to become demand-driven to reduce the bullwhip effect they are experiencing. Which of the following should each partner in the supply chain do?
Adopt new enterprise software systems that match current operating processes as closely as possible.
B. Improve their forecasting by basing the information on actual Tier 1 customer orders.
C. Reduce their contracted or owned transportation modes to match the new lowered transport needs.
Develop agility for more frequent changeovers, staffing, or process switching.
In an electrical generation supply chain, which of the following is a Tier 1 service supplier?
A. Electric power utility
B. Manufacturer connected to electric grid
C. Facility maintenance
D. Fuel supplier
A supply chain that produce and sells cigarettes using traditional forecasting at each stage has been experiencing the bullwhip effect. Which of the following has the strongest influence on this effect
Announced promotions
B. Seasonal fluctuations
C. Safety stock
D. Excess supply liquidation
Which of the following categories would a precision spring for an expensive clock fit into if it was the key component that made the clock tell time reliably and needed to be of exacting dimensions and quality?
A. Direct/core competency material
B. Commodity material
C. Bottleneck material
D. Leveragable material
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