Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the main purpose of Enterprise Systems?
What is the main purpose of Enterprise Systems?
- To slow down responses to customer requests
- To provide firm-wide information for decision making (correct)
- To increase inefficiencies
- To limit access to data
What is the primary function of Supply Chain Management?
What is the primary function of Supply Chain Management?
- Cut inefficiencies and reduce costs (correct)
- Slow down order fulfillment
- Disrupt product distribution
- Increase operating costs
What is the 'bullwhip effect' in the context of Supply Chain Management?
What is the 'bullwhip effect' in the context of Supply Chain Management?
- Distorted product demand information transfer across supply chain entities (correct)
- Maintaining a steady supply chain flow
- Efficient information flow across the supply chain
- Reducing the need for safety stock
What does Just-in-time strategy aim to achieve in Supply Chain Management?
What does Just-in-time strategy aim to achieve in Supply Chain Management?
Signup and view all the answers
What is a key benefit of using Customer Relationship Management (CRM) systems?
What is a key benefit of using Customer Relationship Management (CRM) systems?
Signup and view all the answers
How do Enterprise Systems enable firms to improve decision-making?
How do Enterprise Systems enable firms to improve decision-making?
Signup and view all the answers
What is the purpose of Global Supply Chains in utilizing the Internet?
What is the purpose of Global Supply Chains in utilizing the Internet?
Signup and view all the answers
What is the main goal of Supply Chain Management Software?
What is the main goal of Supply Chain Management Software?
Signup and view all the answers
