Technology Flashcards
(19 cards)
What are the three main flows in supply chain management?
Flow of Information, Flow of Products & Services, Financial Flow
What principle SC information requirements must be met?
Meet quality standards, support multidirectional flows, provide decision support, accessible
What are the seven information quality standards?
- Accuracy
- Accessibility
- Relevancy
- Timeliness
- Transferability
- Usability
- Reliability
What types of decisions does supply chain information support?
- Strategic decisions
- Tactical planning
- Routine decisions
- Execution and transaction processing
True or False: Cutting edge technology is always needed for supply chain success.
False
What are the capabilities that systems must enable for process excellence?
- Cross-chain visibility
- Agility
- Velocity
- Synchronization
- Adaptability
- Segmentation
- Optimization
What must a cohesive network of supply chain technologies include?
Integrated technologies, skilled people, robust processes
What are common risks associated with technology adoption in supply chains?
- Unrealistic assumptions
- Weak technology-process alignment
- Technology gaps
- Challenges in integration
- Poor planning
What are the four primary categories of Supply Chain Software?
- Supply Chain Planning
- Supply Chain Execution
- Supply Chain Event Management
- Analytics & Business Intelligence Tools
Fill in the blank: SC Software helps organizations shift from _______ to synchronized planning processes.
autonomous planning activities
What functionalities do Warehouse Management Systems (WMS) typically provide?
- Inventory management
- Labor management
- Order processing
- Yard/dock management
- Returns management
What are the five business processes typically focused on by SC event management tools?
- Monitoring
- Notification
- Simulation
- Control
- Measurement
What capabilities do Analytics & Business Intelligence Tools provide?
- Data collection & big data analytics
- Self-service reporting
- Performance scorecarding
- Development of graphical dashboards
- Activity monitoring
What are the golden rules for technology implementation success?
- Get sponsorship of senior leaders
- Choose the right technology solutions
- Select an implementation leader with project management skills
- Choose the right consultants
- Staff the project team with the best people
- Manage scope creep
- Secure adequate resources for training
What is the role of Supply Chain Planning software?
To help organizations synchronize planning processes using real-time data
What is the primary function of Transportation Management Systems (TMS)?
- Mode and carrier selection
- Route planning and optimization
- Dispatching and scheduling
- Freight audit and payment
- Performance analysis
What is the purpose of global trade management software?
- Trade compliance
- International logistics
- Global order management
- Global trade financial management
What are some concepts of Supply Chain Planning
S&OP, CPFR, VMI, & POS
What are some concepts of Supply Chain Execution
WMS, & TMS
