Podcast
Questions and Answers
What is the relationship between supply chain management and operations management according to the lecture?
What is the relationship between supply chain management and operations management according to the lecture?
- There is no relationship between supply chain management and operations management.
- Supply chain management is now considered an umbrella term, with operations management being a subset. (correct)
- Operations management is an umbrella term, with supply chain management being a subset.
- Supply chain management and operations management are completely separate fields.
What competitive advantage can supply chain management provide to an organization?
What competitive advantage can supply chain management provide to an organization?
- Human resource management
- Marketing strategies
- Financial forecasting
- Operational efficiency (correct)
Which companies are mentioned as examples of having strong supply chain competence?
Which companies are mentioned as examples of having strong supply chain competence?
- Apple, Google, Facebook
- Walmart, Dell, 7-Eleven (correct)
- Amazon, eBay, Alibaba
- McDonald's, Coca-Cola, Starbucks
What is the main focus of supply chain analytics?
What is the main focus of supply chain analytics?
According to the lecture, what is considered one of the most important aspects of business nowadays?
According to the lecture, what is considered one of the most important aspects of business nowadays?
Which field was once considered a subset of operations management but is now seen as an umbrella term?
Which field was once considered a subset of operations management but is now seen as an umbrella term?
What information is captured by marketing people to develop new products and ensure supply to customers?
What information is captured by marketing people to develop new products and ensure supply to customers?
Which team ensures the supply of products to customers and is responsible for distribution?
Which team ensures the supply of products to customers and is responsible for distribution?
In the context of supply chain management, what is the role of the operations team?
In the context of supply chain management, what is the role of the operations team?
Why is it important to understand the scope of supply chain management in a wider perspective?
Why is it important to understand the scope of supply chain management in a wider perspective?
How does supply chain management relate to operations management?
How does supply chain management relate to operations management?
Which concept emphasizes the importance of involving all functions in modern management practices?
Which concept emphasizes the importance of involving all functions in modern management practices?
What is the relationship between demand and supply in the context of the text?
What is the relationship between demand and supply in the context of the text?
What is emphasized as crucial for customer satisfaction and service provider profitability?
What is emphasized as crucial for customer satisfaction and service provider profitability?
In the context of supply chain management, what functions are mentioned as part of a company's supply chain?
In the context of supply chain management, what functions are mentioned as part of a company's supply chain?
Why is supply chain management becoming increasingly important in competitive times?
Why is supply chain management becoming increasingly important in competitive times?
How does the text describe the relationship between supply chain management and operations management?
How does the text describe the relationship between supply chain management and operations management?
What is essential for achieving the objectives of supply chain management according to the text?
What is essential for achieving the objectives of supply chain management according to the text?
