Practice Quiz

Supply Chain Management

Category - Design and Improvement

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Which of the following is/are the role/roles technology has played in SRM?
  1. Systems can show the current status of operations.
  2. Suppliers can communicate with customers in real time.
  3. Transactional processes can be automated.
  4. All of the above.
Explanation
Answer: D - The benefit of technology In SRM is that it gives a more comprehensive and objective picture of supplier performance, which can be used to make better sourcing decisions, as well as identify and address systemic supplier performance problems. SRM benefits when systems can show the current status of operations, suppliers can communicate with customers in real time, and transactional processes can be automated.
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