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ASCM 629 Week 7 _ Midterm Examination

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<strong>ASCM</strong> <strong>629</strong> <strong>Week</strong> 7 – <strong>Midterm</strong> <strong>Examination</strong><br />

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SUPPLY CHAIN LOGISTICS MANAGEMENT MID-TERM EXAMINATION<br />

Each essay answer for questions 1 through 10 is worth ten points. Please use a between 150 and<br />

300 words per answer. Your answer may include content from text or readings, conference<br />

discussions, or relevant workplace examples. These must not be merely cut-and-pasted from<br />

other sources. Please do not contact a UMUC Reference Specialist in developing any answer, as<br />

discussed in the syllabus. Please save the examination with answers as a Microsoft Word<br />

document under a new filename the includes your last name, section 9020, and “midterm.” An<br />

example is \scheer9020midterm.doc .<br />

Please include your name and section number at the heading inside the document. Answers<br />

should appear in order, from one through ten. Please make sure you have an answer for each<br />

question before submitting it for grading. Completed exams are to be submitted in the mid-term<br />

examination assignments folder. These are due before the date indicated in your course schedule.<br />

Note that your assignments folder is locked after this time and the exam cannot be submitted.<br />

The test represents 30 percent of your total class grade, so please spend quality time in preparing<br />

answers. I estimate that it will take about four to six hours to answer all ten questions; perhaps<br />

shorter for some students and more for others.<br />

1. Please summarize reasons why purchasing is no longer a clerical responsibility but<br />

has become a strategic priority.<br />

2. Describe strategic sourcing as a part of the process to developing a highperformance,<br />

sustainable supply base.<br />

3. Describe and illustrate three issues associated with aligning purchasing objectives<br />

with overall organizational objectives.


4. Why is fostering collaborative supplier relationships at the core of successful supply<br />

chain management?<br />

5. What are issues with an outsourcing decision that affect:<br />

6. a) Internal or external resources;<br />

7. b) Transactions costs; and,<br />

8. c) Business risks.<br />

9. Illustrate three procurement issues associated with technology innovation.<br />

10. Describe and illustrate three sustainability challenges within a supply chain.<br />

11. What is meant by service and services operations within the context of a servicebased<br />

supply chain?<br />

12. Illustrate three transportation linkages between logistics management and<br />

sustainability.<br />

13. SCM Globe Simulation: What is the one change that you made which had the most<br />

favorable impact upon supply chain effectiveness and efficiency? Please describe the<br />

issue which existed, your action, and the results. This discussion must be supported<br />

by measurable improvement and the supply chain must be at least as stable as it was<br />

prior to the change.

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