International Supply Chain Management Quiz

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is the primary aim of global sourcing?

To exclusively source materials from countries with the lowest labor costs.

To coordinate procurement requirements of worldwide business units and to use comparative advantages. (correct)

To prioritize local suppliers over international providers.

To centralize all procurement activities within a single geographic location.

Which of the following locations are explicitly mentioned as being used for manufacturing and assembly by Volkswagen AG?

Europe, India, China

Europe, North America, South Africa, Japan

Europe, North America, South America, South Africa (correct)

Europe, South America, China

According to the provided material, modern logistics systems must adapt primarily to which of the following factors?

Changes in society and new economic concepts. (correct)

Political instability in developing nations.

Advances in automation technologies.

Fluctuations in global stock markets.

Which of these is NOT listed as a typical location for Volkswagen AG's activities?

Manufacturing in Japan Signup and view all the answers

What is stated as a goal in global supply chain management?

To maximize customer value through locating different parts of the value chain in different countries. Signup and view all the answers

According to the course overview, which of these topics is covered under 'International Supply Chain Management'?

In-plant material flow and production systems Signup and view all the answers

What is a key aspect of Supply Chain Management (SCM), as defined according to the lecture?

Coordination and collaboration with channel partners Signup and view all the answers

Which of these areas is MOST specifically related to the activities of SCM?

Integrated logistics, procurement, materials management and production Signup and view all the answers

Which country is the world's largest producer of clothing and footwear?

China Signup and view all the answers

Within the context of the course, what does 'strategic procurement' primarily involve?

Aligning procurement activities with long-term company goals. Signup and view all the answers

Approximately what percentage of the world's watches and clocks are produced in China?

80% Signup and view all the answers

What is 'low cost country sourcing' (LCCS) primarily concerned with?

Purchasing in countries with low production costs Signup and view all the answers

What aspect of supply chains is DIRECTLY related to 'global tracking and tracing'?

Distribution logistics Signup and view all the answers

Besides planning and management, what else does SCM encompass, according to the lecture?

Coordination and collaboration with channel partners Signup and view all the answers

Which of the following is NOT a primary reason for relocating production abroad?

Increased coordination costs Signup and view all the answers

What is the most prominent motive for research and development (R&D) investments abroad according to the provided data?

Supplementing production location abroad Signup and view all the answers

What is one purpose of the 'International Supply Chain Management' course?

To provide an overview of structures, aims, systems and strategies concerning International Supply Chain Management Signup and view all the answers

Within SCM, what does 'disposal logistics' primarily concern?

The handling and removal of waste. Signup and view all the answers

What does the term 'backshoring' refer to in the context of supply chain management?

Returning production and operations to the company's home country Signup and view all the answers

According to the data, what is the main reason why companies opt for backshoring?

Flexibility Signup and view all the answers

Which of the following examples represents a problem that leads to backshoring?

Frequent power outages Signup and view all the answers

Which of these is an issue that companies face that is not mentioned in the text as a reason for backshoring?

Increased coordination costs Signup and view all the answers

What percentage of companies, according to the text, are currently backshoring?

20% Signup and view all the answers

Which of the following best describes the primary purpose of the SCOR model?

To create a standardized approach for process chains within and between companies. Signup and view all the answers

According to the SCOR model, which process is NOT a primary process?

Marketing Forecasts Signup and view all the answers

What is the focus of Level 1 within the SCOR model?

Describing the number of supply chains and the metrics used to measure their performance. Signup and view all the answers

At which hierarchical level of the SCOR model would you find the 'determination of business processes, orders, permissions, redeliveries and marketing forecasts'?

Level 3 Signup and view all the answers

Which of the following options are described in Level 2 of the SCOR model?

Definition of the sequence of planning and implementation processes related to material flows Signup and view all the answers

What concept does the SCOR model combine into a coherent reference system?

Business process optimization, performance indicators, and business practices. Signup and view all the answers

According to the content given, which of these is NOT explicitly mentioned as a benefit of the SCOR model?

Improved logistics management. Signup and view all the answers

What aspect of supply chains is characterized by the SCOR model regarding process elements?

Sequence of planning and implementation of material flows. Signup and view all the answers

Which logistics company ranks highest in Germany?

Deutsche Bahn AG Signup and view all the answers

Which company is listed as the top logistics company worldwide?

Deutsche Post World Net Signup and view all the answers

Which of the following companies is ranked third in Europe?

Kühne + Nagel Signup and view all the answers

What megatrend is characterized by shortened product lifecycles?

Individualization Signup and view all the answers

Which logistics company ranks second in Germany?

Deutsche Post World Net Signup and view all the answers

In terms of shareholder value thinking, which factor is commonly associated with environmental considerations?

Globalization of climate change Signup and view all the answers

Which logistics company ranks fifth worldwide?

Deutsche Bahn Group Signup and view all the answers

Which factor is a characteristic of the globalization of climate change?

Environmentalism Signup and view all the answers

What does logistics efficiency measure?

The ratio of system output to system input Signup and view all the answers

Which of the following are considered inputs in a logistics system?

Evaluated factor input Signup and view all the answers

Which of the following best describes the primary goal of logistics?

To optimize logistics efficiency through the 6 'r's Signup and view all the answers

Which of the following is NOT one of the 6 'r's of logistics?

Right facility Signup and view all the answers

What would likely be a task related to procurement logistics?

Sourcing raw materials Signup and view all the answers

Which aspect is important for achieving logistics optimization?

Balancing cost, time, and quality Signup and view all the answers

In the context of logistics, what encompasses system output?

Right product at the right time Signup and view all the answers

Which cost is NOT commonly associated with logistics operations?

Marketing costs Signup and view all the answers

Study Notes

Integrated Logistics, Procurement, Materials Management and Production

This lecture covers the basics of International Supply Chain Management (ISCM)
It outlines structures, aims, systems, and strategies of managing an international supply chain.

Lecture Topics

Integrated logistics, procurement, materials management, and production within an enterprise
Material inventory and material requirements
Strategic procurement and purchasing management
In-plant material flow and production systems
Distribution logistics globally, including tracking and tracing
International transport modes
Disposal logistics
Logistics controlling
Network design in supply chains
Global logistics structures and supply chains
IT systems in supply chain management
Sustainable supply chain management

Supply Chain Management (SCM)

SCM encompasses all activities related to sourcing, procurement, conversion, logistics, and coordination.
It involves collaboration with channel partners to integrate supply and demand.
SCM integrates supply and demand management within, and across, companies.

Lecture 01 Objectives

Describe Supply Chain Management
Understand the meaning of logistics and procurement
Learn the terms, definitions, objectives, and tasks of logistics

Agenda (Lecture 01)

Introduction to supply chain management
Purchasing and procurement management
Offshoring of production, research, and design
Terms and definitions, goals, and tasks of logistics
Logistics and material management positioning
Logistics as a cross-functional area
Goals and success factors in logistics

Supply Chain Definition

A global network delivering goods and services, starting from raw materials to consumers.
This network includes information flow, physical distribution, and payment.
Current networks also include disposal and recycling.

Supply Chain Activities

Design, planning, operations, control, and monitoring are key activities of a supply chain.
These activities are interconnected and form a comprehensive system.

Apple iPhone Supply Chain Example

Illustrates a complex international supply chain.
Shows the global sourcing of various components.

Supply Chain Management Goals

Effective deployment of global supply chains.
Development of a competitive infrastructure.
Value generation.
Global performance measurement.
Synchronization of supply and demand.

Supply Chain Operations Reference (SCOR) Model

A process reference model and diagnostic tool for supply chain management.
Describes business activities to meet customer demand.
Standardizes supply chains within and between companies.
Characterized by process elements (plan, procurement, production, delivery, and redelivery).

SCOR Model Levels

Level 1: Statements of the number of supply chains and descriptions of performance measurements.
Level 2: Defines the sequence of planning and implementation processes for material flows.
Level 3: Determines business processes and marketing forecasts.

Purchasing Process Overview

Defines the purchase steps from specification to contract agreement.
Discusses the role of procurement and associated documents.

Importance of Purchasing and Procurement

Purchasing and procurement management is crucial and growing.
Reductions in production depth lead to more external sourcing.
Reducing the number of suppliers can yield substantial cost savings.

Purchasing/Procurement Cost Impact on Sales

1% reduction in material cost and overhead is equivalent to at least a 10% increase in sales.

Definitions for Calculations

Mc: Material cost ratio of sales (%).
E: Reduction of material costs (%).
R: Profit margin (%).
Pc: Profit contribution of the procurement.

Calculation Example

Illustrates the correlation between material cost reduction and sales increase.

Logistics Benchmarks of Leading US Businesses

Covers purchasing benchmarks in various sectors: steel, semiconductors, electrical equipment, and more.
Indicates the significant role of offshoring (LCCS).

Logistics as a Cross-Functional Unit

Serves various departments in a company (customer, development, sales, etc)
Aims for a conflict-free environment.

Objectives of Logistics

To prevent the fragmentation of business activities.
To prevent the lack of competitiveness and conflict.

Logistics Success Factors

Detailed cost forecasting.
Informal customer contacts.
High proportion of weekly production.
Measurement of key performance indicators (KPIs).
Transparent planning processes.

Studying That Suits You

Use AI to generate personalized quizzes and flashcards to suit your learning preferences.

Description

Test your knowledge on the key concepts of international supply chain management, including global sourcing, manufacturing locations, and logistics adaptation. This quiz covers essential aspects such as strategic procurement and cost considerations in supply chains.