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Purchasing and Supply Chain Management, 7th Edition by Monczka Test Bank

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Test Bank for Purchasing and Supply Chain Management, 7th Edition, 7e by Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson TEST BANK ISBN-13: 9780357132241 FULL CHAPTERS... INCLUDED Chapter 1: Introduction to Purchasing and Supply Chain Management 1-1 Introduction 1-2 A New Competitive Environment 1-3 Managing the Supply Base 1-4 Why Purchasing Is Important 1-5 Understanding the Language of Purchasing and Supply Chain Management 1-6 Achieving Purchasing and Supply Chain Benefits 1-7 The Supply Chain Umbrella-Functional Activities 1-8 Four Enablers of Purchasing and Supply Chain Management 1-9 The Evolution of Purchasing and Supply Chain Management 1-10 Looking Ahead Part 2: Purchasing Operations and Structure Chapter 2: The Purchasing Process 2-1 Introduction 2-2 Purchasing Objectives 2-3 Strategic Supply Management Roles and Responsibilities 2-4 Improving the Procure-to-Pay Process 2-5 Approval, Contract, and Purchase Order Preparation 2-6 Types of Purchases Chapter 3: Purchasing Policy and Procedures 3-1 Introduction 3-2 Policy Overview 3-3 Purchasing Policies-Providing Guidance and Direction 3-4 Purchasing Procedures Chapter 4: Supply Management Integration for Competitive Advantage 4-1 Introduction 4-2 Integration: What Is It 4-3 Internal Integration 4-4 External Integration 4-5 The Critical Role of Cross-Functional Sourcing Teams 4-6 Integrating Supply Management, Engineering, and Suppliers to Develop New Products and Services 4-7 Potential Benefits of On-Site Supplier Representatives Chapter 5: Purchasing and Supply Management Organization 5-1 Introduction 5-2 P/SM Organizational Structure 5-3 Location of Authority Centralized or Decentralized 5-4 Purchasing’s Position within the Organizational Structure 5-5 Scope of the Purchasing/Supply Management Job Function 5-6 Purchasing/Supply Management Job Tasks 5-7 Separating Strategic and Operational Purchasing 5-8 Using Teams as Part of the Organizational Structure 5-9 Supply Chain Management Structure 5-10 Future Trends in Organizational Design Part 3: Strategic Sourcing Chapter 6: Category Strategy Development 6-1 Introduction 6-2 Aligning Supply Management and Enterprise Objectives 6-3 What Is a Category Strategy 6-4 Category Strategy Development 6-5 Types of Supply Management Strategies 6-6 Supply Management Transformation Evolution Chapter 7: Supplier Evaluation and Selection 7-1 Introduction 7-2 The Seven-Stage Supplier Evaluation and Selection Process 7-3 Recognize the Need for Supplier Selection-Stage 1 7-4 Identify Key Sourcing Requirements-Stage 2 7-5 Identify Potential Supply Sources-Stage 3 7-6 Determine Sourcing Strategy-Stage 4 7-7 Limit Suppliers in the Selection Pool-Stage 5 7-8 Conduct a Detailed Review of Supplier Evaluation Criteria-Stage 6 7-9 Select Supplier and Reach Agreement-Step 7 7-10 Developing a Quantitative Supplier Evaluation Survey 7-11 Reducing Supplier Evaluation and Selection Cycle Time Chapter 8: Supplier Quality Management 8-1 Introduction 8-2 Overview of Supplier Quality Management 8-3 Factors Affecting Supply Management’s Role in Managing Supplier Quality 8-4 Supplier Quality Management Using a Total Quality Management Perspective 8-5 Pursuing Six Sigma Supplier Quality 8-6 Using ISO Standards and MBNQA Criteria to Assess Supplier Quality Systems 8-7 Basic Contents of a Supplier Quality Manual Chapter 9: Supplier Management and Development: Creating a World-Class Supply Base 9-1 Introduction 9-2 Supplier Performance Measurement 9-3 Rationalization and Optimization: Creating a Manageable Supply Base 9-4 Supplier Development: A Strategy for Improvement 9-5 Overcoming the Barriers to Supplier Development 9-6 Managing Supply Base Risk 9-7 Managing Sustainability in the Supply Base Chapter 10: Worldwide Sourcing 10-1 Globalization-Changing Supply Strategy in a Dynamic World Economy 10-2 Changing Global Dynamics Create Challenges 10-3 Worldwide Sourcing Timeline 10-4 Developing a Worldwide Sourcing Program 10-5 Moving to a Global Sourcing Philosophy Part 4: Strategic Sourcing Process Chapter 11: Strategic Cost Management 11-1 Introduction 11-2 A Structured Approach to Cost Reduction 11-3 Price Analysis 11-4 Cost Analysis Techniques 11-5 Building a Should-Cost Model 11-6 Total Cost of Ownership (TCO) 11-7 Collaborative Approaches to Cost Management Chapter 12: Purchasing and Supply Chain Analysis: Tools and Techniques 12-1 Introduction 12-2 Project Management 12-3 Learning-Curve Analysis 12-4 Value Analysis/Value Engineering 12-5 Quantity Discount Analysis 12-6 Process Mapping 12-7 Value Stream Mapping Chapter 13: Negotiation and Conflict Management 13-1 Introduction 13-2 What Is Negotiation 13-3 The Negotiation Framework in Supply Management 13-4 Negotiation Planning 13-5 Power in Negotiation 13-6 Concessions 13-7 Negotiation Tactics: Trying to Reach Agreement 13-8 Win-Win Negotiation 13-9 International Negotiation 13-10 Selected Countries 13-11 The Impact of Electronic Media on Negotiations Chapter 14: Contract Management 14-1 Introduction 14-2 Elements of a Contract 14-3 How to Negotiate and Write a Contract 14-4 Types of Contracts 14-5 Fixed-Price Contract with Redetermination 14-6 Fixed-Price Contract with Incentives 14-7 Long-Term Contracts in Alliances and Partnerships 14-8 Nontraditional Contracting 14-9 Settling Contractual Disputes Chapter 15: Purchasing Law and Ethics 15-1 Introduction 15-2 Legal Authority and Personal Liability of the Purchasing Manager 15-3 Contract Law 15-4 The Uniform Commercial Code 15-5 Patents and Intellectual Property 15-6 Other Laws Affecting Purchasing 15-7 Purchasing Ethics 15-8 Corporate Social Responsibility Part 5: Critical Supply Chain Elements Chapter 16: Lean Supply Chain Management 16-1 Introduction 16-2 Understanding Supply Chain Inventory 16-3 The Right Reasons for Investing in Inventory 16-4 The Wrong Reasons for Investing in Inventory 16-5 Creating the Lean Supply Chain 16-6 Six Sigma 16-7 Approaches for Managing Inventory Investment 16-8 Delivering the Perfect Customer Order Chapter 17: Purchasing Services 17-1 Introduction 17-2 Transportation Management 17-3 Outsourcing Logistics Requirements to Third-Party Logistics Providers 17-4 Purchasing Services and Indirect Items 17-5 Sourcing Professional Services Chapter 18: Supply Chain Information Systems and Electronic Sourcing 18-1 Introduction 18-2 Evolution of E-SCM Systems 18-3 An Overview of the E-Supply Chain 18-4 Drivers of New Supply Chain Systems and Applications 18-5 Internal Information Systems-Enterprise Resource Planning 18-6 Purchasing Databases and Data Warehouses 18-7 Electronic Data Interchange-Pioneering External Electronic Communication 18-8 E-Sourcing Basics 18-9 E-Sourcing Models-The External Information Systems 18-10 E-Sourcing Suites-General 18-11 E-Sourcing Suites-Supplier Relationship Management 18-12 Social Networking and the Cloud 18-13 Information Visibility in SCM 18-14 Collaboration and Big Data 18-15 Transformational Technologies Chapter 19: Performance Measurement and Evaluation 19-1 Introduction 19-2 Purchasing and Supply Chain Performance Measurement and Evaluation 19-3 Purchasing and Supply Chain Performance Measurement Categories 19-4 Developing a Performance Measurement and Evaluation System 19-5 Performance Benchmarking: Comparing against the Best 19-6 A Summary of Purchasing Measurement and Evaluation Characteristics Part 6: Future Directions Chapter 20: Purchasing and Supply Strategy Trends 20-1 Introduction 20-2 Supply Chain Trends 20-3 Supply Chains Are Getting Shorter and Local 20-4 Different Industries Change Differently 20-5 Digitization and Changing Nature of Supply Chains 20-6 Trend Forecasts: Business, Research Organizations, and Academics 20-7 Critical Future Supply and Supply Chain Strategies 20-8 Expanding the Mission, Goals, and Performance Expectations 20-9 Developing Category Strategies Will Become Broader and More Complex 20-10 Supplier Management across the Extended Supply Chain 20-11 Designing and Operating Multiple Customer-Focused Supply Networks 20-12 Leveraging E-System Technology Enablers Takes on Additional Focus 20-13 Collaborating Internally and Externally Will Grow in Strategic Importance 20-14 Attracting, Developing, and Retaining Supply Management Talent Will Become a Key Differentiato 20-15 Managing and Enabling the Future Supply Management Organization and Measurement Systems 20-16 Twelve High-Impact Sourcing and Supply Chain Strategies fo [Show More]

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