It’s time to put what you’ve learned to the test, get 5 questions right to pass this unit.
Q1.
Which planning software has the ability to consume the commitments that the Suppliers return in reply to forecasts?
Choose the correct answer.
A
SAP ERP
B
SAP Integrated Business Planning (IBP)
C
Both IBP and ERP
D
Neither IBP nor ERP
Q2.
Which of the following statements is true about SAP Integrated Business Planning (IBP)?
There are three correct answers.
A
Sales and Operational Planning (S&OP) process and only critical components are planned.
B
Operational planning for all components is undertaken in Integrated Business Planning (IBP).
C
IBP forecasts are based on S&OP plans.
D
Capacity constrained forecasts from IBP become a source for detailed component planning in ERP
Q3.
Which of the following statements describes some of the challenges in the Planning Collaboration process?
There are three correct answers.
A
Reduced uncertainty between trading partners leading to consolidated supply chain inventories
B
Lack of understanding of decisions made with cross-functional impact
C
Deficiency of communication between departments and business units
D
Lack of awareness across departments
Q4.
Which of the following are the benefits of Planning Collaboration?
Choose the correct answer.
A
Inventory levels are optimized and customer service responsiveness is increased.
B
Overlapping or conflicting priorities are necessary for Planning.
C
Allows for a silo mentality around data.
D
Allows suppliers to allocate production capacity and inventory against a Buyer’s projected demand.
E
Invoice Processing made easy by using Invoice Conversion services.
Q5.
What is Planning Collaboration?
Choose the correct answer.
A
Forecasting is the process of making predictions of the future based on past and present data and most commonly by analysis of trends.
B
Planning Collaboration is the process of collecting and reconciling the information from diverse sources inside and outside the company; to come up with a single unified statement of demand.
C
All of the above
Q6.
Which of the following are the primary sources of forecasts in ERP?