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CTSC Module 2 Flashcards | StudBud
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CTSC Module 2
CTSC Module 2
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Questions
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Answers
1
STEEPLE and PESTEL are both external analysis tools. What does the extra "E" in STEEPLE stand for?
Environment
Ethics
Economic
Employers
2
The challenges associated with selecting and utilyzing Supply Chain Transformation Technology include:
High investment requirements
Poor integration between new and retained systems
Under-equipped workforce
Not enough focus on change management
3
The primary driver for any transformation should be:
The executive team
The finance department
The economy
The customer
4
In DCM, the capabilities are presented as a network to show how a digitized supply chain no longer needs to be linear
True
False
5
Blockchain can provide a number of benefits for track and trace, including:
Enables the use of smart contracts
Immutable and irrefutable evidence of transfer of goods between parties
Automated capture and distribution of reliable data from IOT devices.
Prevents counterfeits into the network thru serial numbers authenticity
6
Supervisory Control and Data Acquisition (SCADA) has more functionality than Internet of Things and is replacing IOT.
False
True
7
A retailer placed an order for an item with a distributer, but the supplier has a major disruption. What tool can help?
Material Requirements Planning (MRP)
Responsive demand-supply matching (RDSM)
Plan-Do-Check-Act (PDCA)
Sales and Operations Planning (S&OP)
8
Examples of Supply Chain Transformation Drivers include all except:
Technological advancements
Social imperatives
Forecast variability
Market changes
9
In the Digital Capabilites Model (DCM), each level 1 capability has a set of associated level 2 capabilities
False
True
10
PLM can help track products by production lot numbers/serial numbers all the way to the customer. The benefits include:
Features a sustainability components for reclaiming or recycling
Supports recalls
Enables upgrades
Facilitates reverse logistics
11
The Voice of the Business looks to capture the needs and requirements of:
Shareholders
Leaders
Boards of Directors
Employees
12
Digitization is creating a digital representation of a physical object, such as an electronic version of an invoice
True
False
13
All are requirements of the 5 "Vs" of big data except:
Velocity
Value
Veracity
Variability
Variety
Volume
14
In the DCM, level 1 capabilities include all except:
Intelligent Supply
Dynamic Development
Synchronized Planning
Connected Customer
Total Operations Synchronization
Product Development
15
Artificial intelligence software capable of analysis, self-training, and observation to improve its own performance.
Internet of Things
Cloud Computing
Decision Support Systems
Machine Learning
16
Digitalization is making a human-driven transaction into an online one that is more efficient, using digitization
True
False