Supply Chain Management: Supplier Consolidation

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What is a major issue for the company as a small customer with little leverage?

Growth of supplier base

Lack of management depth for small suppliers (correct)

Loss of technology leadership

Size of supplier base unknown

What is the primary objective of the 'Standardize' phase of the Five S?

Setup reduction and cost reduction

Segmenting the supplier base

Ensuring progress in 3S implementation is not wasted (correct)

Assigning audit responsibilities

What is a consequence of not regularly visiting suppliers?

Suppliers are not aligned with company goals

Size of supplier base becomes unknown (correct)

Loss of technology leadership

Segmentation deteriorates

Who is responsible for sustaining the 5S process?

The leadership of supply Signup and view all the answers

What is the primary goal of strategic sourcing in the context of the 5S?

Optimize the supply chain through supplier selection Signup and view all the answers

What is a potential problem that can arise from not standardizing procedures?

Wasted progress in 3S implementation Signup and view all the answers

What is a key aspect of the 'Sustain' phase of the 5S?

Constancy of purpose Signup and view all the answers

What is the primary benefit of conducting regular surveys of suppliers?

Better understanding of the supplier base Signup and view all the answers

What is the primary benefit of supplier consolidation in a supply chain?

Reduces waste of working with wrong suppliers Signup and view all the answers

What is the main objective of the 'Set in Order' step in the Five S methodology?

To assign a place for everything and keep everything in its place Signup and view all the answers

What is a common barrier to supplier consolidation?

All of the above Signup and view all the answers

What is the primary purpose of the 'Shine' step in the Five S methodology?

To keep everything clean and swept Signup and view all the answers

What is a key factor to consider when evaluating the current supply base?

All of the above Signup and view all the answers

What is the main advantage of strategic sourcing in supply chain optimization?

Increases opportunity for partnering and leverage Signup and view all the answers

What is the primary goal of supplier selection and evaluation in strategic sourcing?

To focus efforts on a few suppliers Signup and view all the answers

What is the purpose of site surveys in the 'Shine' step of the Five S methodology?

To inspect the workplace and identify problems Signup and view all the answers

What is the primary goal of a supply strategy in a Lean Production environment?

To support the corporate and operations strategies Signup and view all the answers

What is the main benefit of implementing Lean Supply in a production environment?

Eliminating waste in the production process Signup and view all the answers

What is a key aspect of supply strategy in a Lean Production environment?

Giving customers confidence in product quality and reliability Signup and view all the answers

What is the primary focus of the Five S principles in Lean Production?

Housekeeping and organizational methods Signup and view all the answers

What is the main objective of reducing the number of suppliers in a Lean Production environment?

To reduce costs and improve efficiency Signup and view all the answers

What is the primary goal of supply chain optimization in a Lean Production environment?

To improve efficiency and reduce costs Signup and view all the answers

What is the main benefit of implementing Lean tools in a production environment?

Preventing problems and defects Signup and view all the answers

What is the primary focus of strategic sourcing in a Lean Production environment?

Identifying and selecting the best suppliers Signup and view all the answers

What is the primary goal of a lean supply chain strategy?

To achieve organizational goals by optimizing supply chain processes Signup and view all the answers

Which of the following is a key characteristic of a lean supply chain?

Streamlined processes and minimal waste Signup and view all the answers

What is the primary focus of strategic sourcing?

Building long-term relationships with suppliers Signup and view all the answers

What is the purpose of a SWOT analysis in supply chain management?

To identify strengths, weaknesses, opportunities, and threats in the supply chain Signup and view all the answers

Which of the following is a quality management principle in lean supply chain management?

Continuous improvement Signup and view all the answers

What is the primary goal of supplier selection in lean supply chain management?

To improve quality by selecting the best supplier Signup and view all the answers

What is the purpose of the 5S tools in lean supply chain management?

To identify and eliminate waste in the supply chain Signup and view all the answers

What is the primary focus of supply chain optimization in lean supply chain management?

To improve quality by optimizing supply chain processes Signup and view all the answers

What is the purpose of a supply strategy in lean supply chain management?