SCM is focused on the integration of ALL business processes that add value for customers.
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Question 2As global business expands, the odds of a major or minor disruption in supply chains actually decrease.
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Question 3One problem with SCM is its negative effect on cash flow.
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Question 4Time compression enables supply chain partners to more easily observe and understand the cumulative effect of problems that occur anywhere in the chain and respond quickly.
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Question 5Reasons for having inventories in business channels include the inability of business customers to predict their demand perfectly and operational problems in the logistics system that can cause stockouts.
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Question 6When evaluating transportation performance, service consistency is usually more important than average delivery time.
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Question 7The two performance variables that must be considered when managing logistical activities are the total distribution costs and the level of logistical service.
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