Question

69. Establishing management systems and measuring results would happen in which step of DMAIC? a.D b.M c.A d.I e.C

1.SCM applies in service as well as manufacturing businesses a) true b) false

Every dollar savings in logistics improvements adds a dollar to the bottom line of the income statement

True or False

Answer 1

C

Establishing management systems and measuring results happens at the end phase of the DMAIC process. That is the control process. Hence the correct answer is C

True

Supply chain management applies mainly to manufacturing but it is also true in case of services. The trick is that we need to view service as a final product.

True

Every dollar saved in logistics reduces the cost of logistics. This results in reduction in cost of supply chain and thus the overall cost of the operation. Thus every dollar saved is dollar earned for the company.