Mid-Term Study Guide

1. Be able to identify and briefly discuss what the five internal value chain elements of a company do.

2. Know the functions of "distribution" in a supply chain context.

3. Know the programs that enable suppliers to work more collaboratively with a company.

4. Know what the factors that are necessary to understand customer and supply chain uncertainty.

5. Know what responsive supply chains can deliver to companies and their customers.

6. Know what efficient supply chains can deliver to companies and their customers.

7. Be able to identify and describe five of the six elements of "thinking like a supply chain manager."

8. Know what the term "predictable variability" means.

9. Know the three aggregate planning strategies.

10. Know the various impacts of globalization on supply chain networks.

11. Understand the sales and operations planning (S&OP) process.

12. Know the performance dimensions of the total cost element of the offshoring decision.

13. Know the definition of a "supply chain."

14. Know the definition of "volume flexibility."

15. Be able to discuss the six drivers of supply chain performance.

16. Know the obstacles to coordination between companies in a supply chain.

17. Know the effects on performance of lack of coordination in a supply chain.

18. Know what the term "strategic alignment" means.

19. Know which elements of customer service influenced by network structure.

20. Be able to identify and briefly discuss the six design options for a distribution network.

21. Know what "flexibility" and "chaining" are effective at dealing with and what they are not as effective at dealing with.

22. Know what supply chain responsiveness can accomplish.

23. Know what risk management in global supply chains includes.

24. Know what the term "vendor managed inventory" means.