True 5 product parts processes and product assembly

This preview shows page 29 - 32 out of 136 pages.

TRUE
5. Product parts, processes, and product assembly should all be designed bythe manufacturing firm to assure a single-minded approach that thesuppliers can follow. Supplier involvement in these design phases isconsidered counterproductive.
6. Supplier alliances can result in better market penetration and also in makingnew technologies or knowledge more accessible compared to companies thatdo not partake in such alliances.
7. While a manufacturer may have substantial influence over its first tiersuppliers, their influence over second and third tier suppliers is typicallymuch higher.
8. Reverse auctions are often run by software that is bought or leased from thirdparty providers known as application service providers (ASP ’s). These ASPscan then also provide technical support for a monthly fee.
9. Some strategic supplier agreements reward the highest performing supplierswith a share of the cost reductions resulting from supplier improvements,additional purchasing contracts, or contract extensions on existing contracts.
10. A 3PL is a software package that often involvesthree firms, a manufacturingfirm, a first tier supplier, and a second tier supplier, to communicate in realtime about all the purchasing activities that relate to all three companies.
Multiple Choice Questions1. Which of the following would most likely be considered a functional product?
2. Which of the following is NOT a step suggested in the Supply Chain SourcingStrategy Framework?A. Classify supplier items as either innovative or functionalB. Define the goals of the supply chain and check for consistency with products and firmstrategyC. Identify and evaluate the capabilities of suppliers and then identify areas which couldbe improvedD. Distribute free samples of all purchased products to the end-user for detailedevaluation and feedback on supply chain development
3. Which of the following are considered outcomes of implementing a supplierevaluation and selection criteria?

Upload your study docs or become a

Course Hero member to access this document

Upload your study docs or become a

Course Hero member to access this document

End of preview. Want to read all 136 pages?

Upload your study docs or become a

Course Hero member to access this document

Term
Fall
Professor
N/A

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture