True or False - Today we have capability of pulling data that enable the team to do Factory Research, COP analysis, Capability Analysis within multiple categories and layers in the VMM system.
False
200
What is MVP?
Minimum Viable Product, It is the least amount of work that can be released that will drive value for end user, MVP is not a final product, it is a starting point
300
Own Deep county expertise and Inside is belong to whose role?
MR
300
Which is not included in the ME Objective
1. Design Vendor/Factory performance Optimization Program focus on continous manufacturing and productivity improvement
2. Develop Mechanism to provide internal and external support to vendor where joint incentive are developed
3. Accelerate direct factory initiative to drive profit
3. Accelerate direct factory initiative to drive profit
300
Name 2 difference between VRME 2.0 compare to the previous version
1. End of life technology – will look similar, but application will evolve
2. Tools will be provided so team members are linking “Ways to Play” to development needs of partners
3. CM/PM/MR all play a critical role in system inputs
4. Conversation will be holistic feedback:
Vendor to Target
Target to Vendor
Action plan and ongoing accountability
300
Why is important to understand Matrix health?
To ensure we have a balance of vendors across Core/Trend/Reactive fashion, COP etc
400
What are the 5 Category Sourcing that are currently in Pilot?
Denim, Ceramic, Footware, Bedding and Hosiery
400
Which of the 4 answer is the reason why it is important to drive ME Initiative.
1. Modernize manufacturing process & elevate supply chain performance
2. Establishment of factory incentives to create partnership with vendor
3. Drive higher product quality
4. All are correct
4. all are correct
400
What is EDABI means?
EDABI is Enterprise Data Analytic Business Intelligent, it is an enterprise data warehouse that house all the security data ie guest data. When the VM team want to build certain criteria of the data pull, The EDABI team will pull the data and make in understandable for the people
400
What are the 4 Priority that the VMM team is focus on building?
1. Vendor Factory - sales, category within the vendor matrix
2. Performance
3. Cross over capacity - not over book
4. Country supply chain
500
Name 3 of the Category sourcing achievement?
Build relationship, Connect with spot team, Face to face discussion, Support and influence, open and interactive conversation with CFT, Access the Information tool, Role Clarity, Exposure of SPOT
500
Which one of the following are NOT included in the vision of success for ME:
1. Improve process for better and consistent quality
2. Optimize productivity to transform cost
3. Allow TSS to select the cheapest vendor for strategic growth
4. Vendor/Facility aspire to work with Target and collaboratively drive manufacturing excellence to reach sustainable growth
4. Allow TSS to select the cheapest vendor for strategic growth
500
Name at least 3 criteria of level 4 matrix management?
1. Dynamically Managed
2. Within a standard of framework
3. Across category
4. Partner performance
5. cross over & capacity consideration
6. Global trade information
7. risk mitigation
500
Name 3 of the future phase of relating with vendor?