ASCM 629 Week 7 _ Midterm Examination
ASCM 629 Week 7 _ Midterm Examination.pdf
ASCM 629 Week 7 _ Midterm Examination.pdf
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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.