4. In a typical supply chain: each participant adds value, each participant plays a role in getting the product to the ultimate consumer, the manufacturer plays an important role, the retailer may store the product, educate the customer, and, perhaps, deliver or install the product… 5. In the 1990s, the typical order-to-delivery process included __________________, which often took 15-30 days. Order creation using a telephone, facsimile or mail, order processing, credit authorization, warehousing and physical delivery 6. With which of the following firms would General Mills (manufacturer of a variety of food products) likely engage in a CPFR system? Target 7. In vendor-managed inventory can improve supply chain efficiency by: using EDI to notify the manufacturer that supplies are low and should be replenished 8. Franchising represents a popular version of a contractual vertical marketing system where: the franchisee operates a retail outlet using the name and format of the franchisor, for which the franchisee pays a fee plus royalty. A franchisor provides assistance with locating the 9. In an independent supply chain, the participants collaborate solely on the interactions between the immediate customer and supplier. On the other hand, in a vertical marketing system: Firms work together with a common focus on the customer or operation of the supply chain ALL OF THESE
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- Spring '08