Chap016 - Chapter 16 - Other Supply Responsibilities...

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Chapter 16 - Other Supply Responsibilities C HAPTER 16 Other Supply Responsibilities Topics Covered Receiving Logistics and warehousing Inbound and outbound transportation Production planning Accounts payable Investment Recovery Categories of Material for Disposal Responsibility for Material Disposal Keys to Profitable Disposal Disposal Procedures Selection of Disposal Partners Conclusion Questions for Review and Discussion References Cases Ross Wood Raleigh Plastics 16-1
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Chapter 16 - Other Supply Responsibilities QUIZ RESPONSES A 1. Investment recovery is often assigned to: a. supply managers because they have knowledge supply markets and price trends. b. salespeople because they have contact with buyers who may use the material. c. marketing managers because they have information on internal users. d. engineers who can suggest possible uses of the material within the organization. e. financial analysts because they set the target return on all investments. E 2. Efforts to deal with hazardous waste include a focus on: a. highly visible sources of pollution, e.g. smoke stacks. b. less visible uncontrolled sites, e.g. buried waste. c. recycling. d. substitution of non-hazardous materials for hazardous materials. e. all of the above. E 3. The potential benefits of having accounts payable report to the same executive as supply include: a. familiarity with the supplier b. familiarity with the order. c. opportunities to reduce transaction costs and headcount. d. the ability for supply to ensure that payments for suppliers are made on time. e. all of the above. 16-2
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Chapter 16 - Other Supply Responsibilities D 4. Reducing the obsolescence and waste of maintenance, repair, and operating (MRO) supplies through better materials and inventory management will: a. reduce the costs of disposing of MRO items that are obsolete or waste. b. reduce carrying cost by lowering inventory levels, especially of obsolete items. c. improve environmental performance by reducing waste that goes into landfills or incinerators. d. simultaneously reduce costs and improve environmental performance. e. have little impact because MRO is a small percentage of annual spend and the items usually have low environmental low-impact. A 5. Warehousing and inventory storage: a. can either be an internal function or outsourced to a third-party logistics firm. b. typically has little communication with supply management. c. may have direct responsibility for organizational purchasing decisions. d. outsourcing decisions typically are made by the finance department. e. is seldom outsourced. D 6. One of the reasons why companies are paying more attention to the effective, efficient, and profitable recovery and disposal of scrap, surplus, obsolete, and waste materials is that: a. consumers overwhelmingly demand environmental responsibility. b.
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Chap016 - Chapter 16 - Other Supply Responsibilities...

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