Which of the following roles is generally defined as a sponsor of an improvement effort?
Which of the following roles is generally defined as a sponsor of an improvement effort?A . ManagerB . ChampionC . StewardD . High performerView AnswerAnswer: B Explanation: According to the ASCM CTSC Exam Content Manual, a champion is generally defined as a sponsor of an improvement effort. A champion is...
Best-in-class companies consistently and significantly do better than their competitors because they:
Best-in-class companies consistently and significantly do better than their competitors because they:A . remove industry bias and generate graphical and analytical summaries.B . utilize benchmark supply chain metrics to gauge performance.C . use more cutting edge technology compared to their peers.D . streamline supply chain practices for delivering products and...
What is the last phase of the transformation project?
What is the last phase of the transformation project?A . Analyze performanceB . Define project scopeC . Build organizational supportD . Develop project portfolioView AnswerAnswer: A Explanation: According to the CTSC exam content manual1, the last phase of the transformation project is to analyze performance, which involves measuring and evaluating...
This indicates additional focus on which digital discipline?
A company wishes to extend its responsive demand-supply matching (RDSM) capabilities to include predictive maintenance of its delivery trucks. This indicates additional focus on which digital discipline?A . SenseB . CollaborateC . OptimizeD . RespondView AnswerAnswer: C Explanation: According to the CTSC Exam Content Manual1, the optimize digital discipline focuses...
When developing supply chain performance objectives and aligning the performance drivers to the strategic plan, the initial steps in the workflow include:
When developing supply chain performance objectives and aligning the performance drivers to the strategic plan, the initial steps in the workflow include:A . conducting a strategic supply chain analysis, performing benchmarking, and gathering insights.B . executing the strategic plan and meeting the performance objectives.C . comparing and validating completeness against...
Which of the following trends is a driver for change in agile operations execution?
Which of the following trends is a driver for change in agile operations execution?A . Research and development (R&D) cycles are fast and inexpensive.B . Products are becoming less complex and using less raw materials.C . Product labeling is becoming more enhanced, including translation into additional languages.D . The requirements...
During the digital transformation planning process, a company distributed surveys and found that customers wanted a more detailed order status process. The company added online status information capability to their website and sent a customer satisfaction survey to customers after they received the product. This addition helped increase their customer base and repeat business.
During the digital transformation planning process, a company distributed surveys and found that customers wanted a more detailed order status process. The company added online status information capability to their website and sent a customer satisfaction survey to customers after they received the product. This addition helped increase their customer...
What tool has the company used for its industry analysis?
A company looking to enter the airline industry has determined that the threat of new entrants is low and the bargaining power of suppliers and buyers is high. There is a highly competitive landscape with numerous substitutions available. What tool has the company used for its industry analysis?A . STEEPLED...
The key outputs of analyzing performance within the SCOR framework are:
The key outputs of analyzing performance within the SCOR framework are:A . scorecard, business canvass, and SWOT analysis.B . as-is Level 3 process diagram, competitive analysis, and SWOT analysis.C . scorecard, SWOT analysis and competitive parities.D . as-is Level 3 process diagram, scorecard, and competitive requirements.View AnswerAnswer: D Explanation: According...
Which of the following metrics is the most appropriate to use in order to measure the total end-to-end supply chain cost in fulfilling an order?
Which of the following metrics is the most appropriate to use in order to measure the total end-to-end supply chain cost in fulfilling an order?A . Cash-to-cash cycle timeB . Order fulfillment costC . Return on assetsD . Total cost to serveView AnswerAnswer: D Explanation: Explore Total cost to serve...