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business
operations management

Questions and Answers of Operations Management

What is a p-card and when would you use it?
How is competitive bidding used in purchasing?
What is a supply base?
Describe the total cost of ownership and how it is used.
What is outsourcing? Insourcing? Backsourcing ? Co-sourcing? Nearshoring ? When might you use these?
When would a break-even analysis be used by supply management?
What is a tariff? How might tariffs be used to support protectionist policies?
What is free trade? What are some examples of free trade agreements? Why are they formed?
What is countertrade? Is barter a form of countertrade? Why would firms use barter?
What is supply base rationalization? Can this be a good practice? Explain.
Is supplier relationship management all about software? Explain.
What are strategic alliance suppliers?
What is early supplier involvement and how can this be beneficial to both buyer and supplier?
What does yaolit.com offer businesses?
What are the things the College of Education did at Indiana University to reduce carbon emissions while also saving money?
Describe the Walt Disney Co.’s ethical and sustainable sourcing efforts.
What are some of the things that Ariba’s SRM software can do?
What are some of the SRM strategies David Wohler shares, in his video?
Make an argument for both free trade and protectionism. Which do you think is better?
How do companies like Tricorbraun help other companies with their global supplier needs?
How can it be that firms in India like Infosys can be outsourcing jobs to the U.S?
What is the impact on jobs due to reshoring , according to the video? Do you agree?
What did the automotive supplier certification expert typically see in his experiences?
What are the two biggest spend categories that should be reduced according to the spend management video?
Why aren’t all suppliers “strategic suppliers”?
How as the internet changed purchasing? Use an example.
What is ethical sourcing? Sustainable sourcing?Green sourcing? How are they different?
What is an e-marketplace? How do businesses use them?
What is a reverse auction? When would you want to use it?
How can businesses use social media to buy and sell products?
When would supply base rationalization be a bad idea?
What are supplier scorecards? How are they used?
Give some examples of fair trade products. Does Starbucks use fair trade coffee? Why? What certification agencies are being used today?
Define logistics. How is it different from transportation?
What are the activities and the goal of logistics management?
What are the steps in a facility location decision, and how does facility location impact logistics?
How do locations for manufacturing facilities differ from service locations?
What is the World Trade Organization’s role in regional trade agreements?
What is a tariff and why would a country want to use them?
Why should the weighted factor rating technique be performed by a team of analysts, instead of one analyst? What should the weights sum to?
What are the assumptions of the center-of-gravity technique? What types of organizations might use this technique?
What are the five modes of transportation and which is the most flexible?
What type of vessel hauls the most on-water cargo?
Define intermodal transportation and describe two variations of intermodal service.
Why is transportation security considered so important in the U.S.? Which mode of transportation is most impacted by security concerns?
What is the difference between a warehouse and a distribution center? Which one performs more crossdocking ?
Describe the differences between a public and a private warehouse. Could either of these be a consolidation warehouse?
Describe the idea of risk pooling and how it relates to warehouse location.
What does the concept of lean warehousing refer to?
What is returns management and in what ways can this be a benefit to the firm?
Describe how a firm would practice logistics sustainability.
Discuss which location factors would impact where you would buy a house.
Why might a country’s competitiveness impact a firm’s decision to locate a facility in that country?
When might a firm desire to locate close to its suppliers? Its customers?Somewhere in-between? What are the impacts on cost and customer service?
How can a nation’s trade agreements with other countries impact a firm’s willingness to open new locations in those countries?
Why is the tonnage hauled by rail decreasing in the U.S.? What are the railroads doing to counteract this trend?
Do you think it is beneficial for a company to practice logistics sustainability? Why or why not?
Describe some of the automation you saw in the Honda auto plant video.
How long do you suppose people had to wait in the McDonald’s Moscow queue?
How can trade agreements and the WTO help Canada, according to the video?
What is a road train, and why are they used in Australia?
What are some of the innovative activities performed by Amazon at their fulfillment centers?
What are the environmental aspects of the Mark V RORO vessel?
The following factors are being used to evaluate three potential country locations for the Zampino Manufacturing Co. Perform the analysis using a 100 point scale, and select the best location, using
Describe how crossdocking is discussed in the video and how this can reduce costs.
Describe how UPS practices logistics sustainability.
Mulhauser Car Refurbishing Centers wants to add a center in the U.S. southwest. The location factors, weights, and potential locations are shown below. Select the preferred location using a 100 point
What are the basic supply chain strategies?
What is a key trading partner?
What are the eight key supply chain business processes, and why are they important when managing supply chains?
What are knowledge management solutions, and how can they support a firm’s supply chain integration efforts? Give some examples.
What is the difference between the customer service management process and the customer relationship management process?
Why is lack of trust an obstacle to supply chain management? How can companies overcome this obstacle?
Why is visibility so important when integrating processes?
Define the bullwhip effect and describe how it impacts supply chain integration, or how integration impacts the bullwhip effect.
What are the things firms must overcome to minimize the bullwhip effect?
What is forward buying? Is this a good thing to do?
Define shortage gaming and describe when firms would do this.
Why should reducing the length of the supply chain also reduce the bullwhip effect?
What is the difference between supply chain risk management and supply chain security management? Which do you think is most important?
What types of supply chains are most likely to be impacted by risk and security problems? Why?
What is the difference between reactive and proactive supply chain security initiatives?
What do you think is the biggest obstacle to successful supply chain management? Why?
Do you think K-Mart’s supply chain is integrated as well as Walmart’s ? Why or why not?
Describe the various supply chain risk issues at McDonald’s, a bank, and an airline. How could these companies reduce risk?
Describe the various supply chain security issues at McDonald’s, a bank, and an airline. How could these companies improve security?
According to the Wilding video, what are some necessary steps for beginning process integration?
What are some of the important things Liverpool Housing Trust did to improve its supply chain?
What are the primary issues for ON Semiconductor when managing their customer orders?
How do Cisco’s scorecards impact the Morgan Company?
Discuss several tips mentioned in the video for managing suppliers.
Why is visibility so important in managing prescription drugs in a supply chain?
What were the problems associated with gas rationing in New Jersey after hurricane Sandy?
What does the consultant say about managing supply chain risk?
What are some of the issues surrounding U.S. port and shipping container security?
How long would you wait in line for free food? According to the video, why do people do this?
What do the experts in the video say about cross-training?
What are the three elements of American Airlines’ yield management strategy?
What are some advantages of using an employee scheduling software application?
Describe what the video speaker says about moments of truth.

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