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ASCM 629 SUPPLY CHAIN LOGISTICS MANAGEMENT MID-TERM EXAMINATION

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ASCM

629




SUPPLY

CHAIN LOGISTICS MANAGEMENT MID-TERM EXAMINATION




Each essay answer for questions 1 through 10 is

worth ten points. Please use a between 150 and 300 words per answer. Your

answer may include content from text or readings, conference discussions, or

relevant workplace examples. These must not be merely cut-and-pasted from other

sources. Please do not contact a UMUC Reference Specialist in developing any

answer, as discussed in the syllabus. Please save the examination with answers

as a Microsoft Word document under a new filename the includes your last name,

section 9020, and “midterm.” An example is scheer9020midterm.doc .




Please include your name and section number at the

heading inside the document. Answers should appear in order, from one through

ten. Please make sure you have an answer for each question before submitting it

for grading. Completed exams are to be submitted in the mid-term examination

assignments folder. These are due before the date indicated in your course

schedule. Note that your assignments folder is locked after this time and the exam

cannot be submitted.




The test represents 30 percent of your total class

grade, so please spend quality time in preparing answers. I estimate that it

will take about four to six hours to answer all ten questions; perhaps shorter

for some students and more for others.




1. Please summarize reasons why purchasing is no

longer a clerical responsibility but has become a strategic priority. 




2. Describe strategic sourcing as a part of the

process to developing a high-performance, sustainable supply base. 




 3. Describe and illustrate three issues

associated with aligning purchasing objectives with overall organizational

objectives. 




4.

Why is fostering collaborative supplier relationships at the core of successful

supply chain management? 




5.

What are issues with an outsourcing decision that affect:




a)

Internal or external resources;




b) Transactions costs; and,




c)

Business risks. 




6.

Illustrate three procurement issues associated with technology innovation. 




7. Describe and illustrate three sustainability

challenges within a supply chain. 




8.

What is meant by service and services operations within the context of a

service-based supply chain? 




 9. Illustrate three transportation linkages

between logistics management and sustainability. 




10.

SCM Globe Simulation: What is the one change that you made which had the most

favorable impact upon supply chain effectiveness and efficiency? Please

describe the issue which existed, your action, and the results. This discussion

must be supported by measurable improvement and the supply chain must be at

least as stable as it was prior to the change.


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