Which of the following metrics is measured as the value created by reducing or eliminating cost increases sought by supplier over and above prevailing baseline cost?
A production line has a total of 8 hours of line time available. If it takes 2 hours to prepare the line to run the product and 5 hours of actual run time, what is the utilization rate?
In order to build organizational support to extend the supply chain initiative to the greater value chain, the core team should:
A firm creating a digital supply chain transformation team wants to ensure the data feeds to be used are of high quality and free of errors. Which key role within the transformation team should be
responsible for the quality and accuracy of the data feeds?
A company implements a new enterprise resource planning (ERP) system in 5 different regions globally. During ERP deployment, the company realizes that one region structures the product
hierarchy significantly differently than the other four regions. What step did this company omit in transforming management?
A firm sells its products to retailers who then sell these products to customers. The firm wishes to obtain retail sales data for these products in near real time to improve its demand planning. Which
of the following actions should the firm undertake first?
The most effective way to communicate the specifics of a planned supply chain transformation includes which of the following activities?
When planning for a supply chain transformation, a company wants to study the variability of the forecast month to month and the demand over time for its products and services. What is the best
tool to use for this analysis?
Which of the following non-technological factors is most critical to executing a digital supply chain transformation?
Which of the following behaviors is the best example of a digital supply chain integrator?
An aerospace company deploying a design for quality supply chain process would benefit most from which of the following supply chain technologies?
A consultant is working with a company that wants to stand out in the market. The company wants to know what type of strategy would help them offer unique products or services. Which of the
following strategy types should the consultant suggest they adopt?
What is the process view of the geographic map that illustrates the material flow, material strategy, and the planning process relationship?
Which of the following statements is an example of an external motivator for executing a supply chain transformation?
In the SCOR model, the analysis of indicators of supply chain's performance from level 1 through 3 is referred to as:
Which of the following items helps to align the assumptions and expectations of executive sponsors, stakeholders, and supply chain transformation team members?
A service company is experiencing long wait times for customer service. According to the theory of constraints (TOC), which of the following steps should the company take to address this issue?
When performing a review of a SCOR level 3 process from beginning to end, which of the following steps should be taken?
When tasked with developing a transformational supply chain strategy, it is important to start with:
Which of the following options is the most appropriate step in establishing performance targets?
Which of the following formulas correctly calculates the days of supply for raw materials?
Aside from investments in appropriate digital technologies, which of the following other factors can be considered most critical to high performance of digital supply chains?
What is the perfect order fulfillment for a total of 200 orders, provided that 94 orders are delivered on time, 100 orders are delivered in full, 76 orders are delivered on time and in full, 34 orders are
damaged, and 48 orders are delivered on time and complete meeting 3-way match criteria?
A smartwatch seller wants to determine how many units of a new model release are required to be held as finished goods and how many units should be held as work-in-process (WIP) stock
leading to the new model launch date. Which of the following analyses will allow the manufacturer to calculate the required stock levels to avoid backlogs, inventory losses, and other issues?
Which of the following collaboration mechanisms involves the establishment of long-term relationships with partners to improve the overall efficiency and effectiveness of the supply chain?
Which of the following tools offers visualization to understand how effective processes are operating within the strategic plan by providing end-to-end supply chain transparency beyond conventional accounting measures?
Best-in-class companies consistently and significantly do better than their competitors because they:
The primary role of the governance pillar in the Environmental, Social, and Governance (ESG) framework is to ensure that:
When developing supply chain performance objectives and aligning the performance drivers to the strategic plan, the initial steps in the workflow include:
Which of the following areas are most pertinent for leadership to focus on while developing a roadmap for supply chain transformation?
One of the most important steps that leadership can take in developing talent for a digital supply chain transformation process is to:
As part of the digital supply chain transformation process, leadership should have its team of stakeholders prioritize which of the following as strategic assets?
As a key performance indicator (KPI) for process governance, the capacity indicator measures the:
Which of the following terms is used in the SCOR model to prioritize metrics and estimate target performance level?
Which of the following terms is defined as the process of determining, approving, or rejecting alterations to a plan baseline?
A company has completed the forecasting portion of its digital transformation. It is now forecasting a probabilistic range of possible outcomes for each item versus a one-number forecast for each
item. How should it assess this outcome?
Which organizational structure would be most appropriate for a small start-up company?