Engineering Homework Help

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Topic 3 Study guide 5-8

5.   Once you know who the _______ are, what _______ them, and where you _______, you can develop a strategy to improve supply management’s position of respect and influence.

a.   approvers, incentivizes, work

b.   decision makers, moves, stay

c.   influencers, motivates, stand

d.   approvers, motivates, stand

6.   To help your firm compete, you must organize supply management to leverage _______ without losing _______.

a.   profits, capital

b.   resources, agility

c.   resources, flexibility

d.   capital, profits

e.   relationships, trust

7.   What pressures are so intense that most companies tend to lean more towards a centralized sourcing structure?

a.   Cost

b.   Management

c.   Supplier

d.   Customer

e.   Stockholder

8.   Which of the following are significant downsides to a centralized sourcing structure?

a.   Creates distance between decision makers

b.   Reduces flexibility

c.   Instills silo mindset

d.   Reduce material costs

e.   All of the above

f.    A, B, and C only