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SCMN 2150 FINAL EXAM QUESTIONS AND ANSWERS GRADED A+
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SCMN 2150 FINAL EXAM QUESTIONS 
 
AND ANSWERS GRADED A+ 
 
Which global channel focuses on the documentation needed for government compliance, 
visibility, and control of goods moving globally. 
 
A.) Communication channel 
B.) Transaction channel 
C.) Distribution channel 
D.) Omni-channel 
A.) Communication channel 
According to a study by Stanford University, cross border trade processes can involve up to 106 
steps. What problem does this cause? 
 
A.) Greater in-transit visibility 
B.) Lowe...
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SCMN 2150 Exam Bundle With Complete Solutions.
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SCMN 2150 Exam Bundle With Complete Solutions.
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SCMN 2150 – Auburn Exam Questions With 100% Correct Answers
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SCMN 2150 – Auburn Exam Questions With 
100% Correct Answers 
What is Supply Chain? - answerthe art of maintaining the flow of materials and products, 
information, and financial resources from source to user 
Why is supply chain important ? - answerit provides valuable opportunities to create 
competitive advantage, develop collaborative, trusting relationships, improve customer 
satisfaction, rationalize product touch points, and drive out cost and achieve efficiencies. (help us 
be better, ...
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SCMN 2150 Test 2 Exam Questions With Verified Answers
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SCMN 2150 Test 2 Exam Questions 
With Verified Answers 
The purchase of merchandise or services at the optimum possible total cost in the correct amount 
and quality. - answerWhat is a procurement? 
Institutional procurement process that continuously improves and re-evaluates the purchasing 
activities of a company - answerWhat is strategic sourcing? 
strategic sourcing plays a more intense role in evaluating the the best possible price based on 
other aspects that affect selling the product vs ...
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SCMN 2150: test #2 Exam Questions With Verified Answers
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SCMN 2150: test #2 Exam Questions With 
Verified Answers 
3 main steps of supply chain. - answer1. supply chain 
2. strategic sourcing 
3. procurement 
goal of supply management. - answerbuy products and services; at the right price; from the 
right source; at the right specification; in the right quantity; for delivery at the right time; to the 
right internal customer 
importance of supply management. - answerability to generate a sustainable advantage 
through lower costs, higher quality, and...
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SCMN 2150 Auburn Barto Test 2 Exam Questions With Verified Answers
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SCMN 2150 Auburn Barto Test 2 Exam 
Questions With Verified Answers 
Supply management - answerThe identification, acquisition, access, positioning, 
management of resources and related capabilities the organization needs or potentially needs in 
the attainment of its strategic objectives. focuses on linking strategies and decisions related to the 
procurement of goods and services 
strategic sourcing (1) - answeran institutional procurement process that continuously 
improves and re-evaluates t...
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SCMN 2150 Exam 2 Questions And Answers (Updated And Verified)
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SCMN 2150 Exam 2 Questions And 
Answers (Updated And Verified) 
What are key supply chain information requirements? (6) - answer-Accuracy 
-Relevance 
-Current (timely) 
-Reliable 
-Transferable 
-Usable 
What benefits are created by supply chain information technology? (6) - answer1. Cross 
chain visibility 
2. Speed up process 
3. Allows agility (adapt and change) 
4. Collaboration (internal or external data pools) 
5. Differentiation 
6. Risk management 
What capabilities does supply chain in...
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SCMN 2150 Test 2 Questions And Answers (Updated And Verified)
- Exam (elaborations) • 6 pages • 2024
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SCMN 2150 Test 2 Questions And 
Answers (Updated And Verified) 
Supply management - answerThe identification, acquisition, access, positioning, 
management of resources and related capabilities the organization needs or potentially needs in 
the attainment of its strategic objectives 
strategic sourcing - answeran institutional procurement process that continuously improves 
and re-evaluates the purchasing activities of a company 
procurement - answerthe purchase of merchandise or services at th...
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SCMN Exam 2 Questions And Answers (Updated And Verified)
- Exam (elaborations) • 11 pages • 2024
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SCMN Exam 2 Questions And Answers 
(Updated And Verified) 
What are key supply chain information requirements? (6) - answer-Accuracy 
-Relevance 
-Current (timely) 
-Reliable 
-Transferable 
-Usable 
What benefits are created by supply chain information technology? (6) - answer1. Cross 
chain visibility 
2. Speed up process 
3. Allows agility (adapt and change) 
4. Collaboration (internal or external data pools) 
5. Differentiation 
6. Risk management 
What capabilities does supply chain informa...
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SCMN 2150 Test 2 Exam Questions And Answers (Updated And Verified)
- Exam (elaborations) • 9 pages • 2024
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SCMN 2150 Test 2 Exam Questions And 
Answers (Updated And Verified) 
The purchase of merchandise at the optimum total cost, at the right time, in the right quantity - 
answerProcurement 
A company process that continuously re-evaluates and improves upon the companies 
procurement process - answerStrategic Sourcing 
The identification use and management of the resources a company needs to meet its goals - 
answerSupply management 
What is the goal of the procurement process? - answerhigher qualit...
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SCMN 2150 Test 1 Exam Questions With 100% Correct Answers
- Exam (elaborations) • 13 pages • 2024
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SCMN 2150 Test 1 Exam Questions With 
100% Correct Answers 
What is Supply Chain Management? - answerIncludes all the activities that take place to get 
a product in your hands - from the time of raw materials extraction to the minute you pull out 
your credit card and take the final product home 
7 Principles of Supply Chain Management - answer1. Segment customers based on service 
needs 
2. Customize the logistics network 
3. Drive operations from demand 
4. Differentiate product closer to the...