L5 Supply chain

Multiple Choice

What is the role of Supply chain management in business?

• Supply chain management focuses solely on marketing strategies.
• Only concerned with employee management.

• Has no impact on customer relationships but the business itself.

• Coordinates a business's entire production flow from raw materials to final delivery.

Match

Match the following Core Elements of Supply Chain Management to its correct description.

• Demand Planning

• Inventory Management

• Supplier Relationships

• Logistics

• Technology

Forecasting future needs

Optimizing stock levels

Building strategic partnerships

Coordinating goods movement

Integrating digital solutions

• Forecasting future needs

• Optimizing stock levels

• Building strategic partnerships

• Coordinating goods movement

• Integrating digital solutions

Multiple Choice

Mars Ltd Plc has just concluded a collaboration with a major distributor in Asia for its products. What aspect of supply chain management is this?

• Demand Planning

• Inventory Management

• Supplier Relationships

• Technology

Multiple Choice

Mars Ltd Plc has agreed to acquire 5 trucks which will be used to supply their retail stores on the high street. What aspect of supply chain management does this fall under?

• Demand Planning

• Inventory Management

• Supplier Relationships

• Logistics

Multiple Choice

The following are Current Trends in Supply Chain Management except...

• Digitalization

• Sustainability

• Transparency

• Management

Multiple Choice

The use of smart factories and warehouses that use automation to streamline operations fall under what aspect of Supply Chain Management trends?

• Omnichannel

• Transparency

• Sustainability

• Digitalization

Multiple Choice

When Companies implement green logistics solutions what aspect of Supply Chain Management trend does this fall under?

• Omnichannel

• Transparency

• Sustainability

• Digitalization

Multiple Choice

Chris Clothing ltd has decided to implement Blockchain technology to enable end-to-end traceability. What aspect of supply chain management trend is this?

• Transparency

• Digitalization

• Sustainability

• Omnichannel

Multiple Choice

What is Omnichannel in business?

• Omnichannel is a type of product sold in stores.
• Omnichannel refers to a single sales channel for online shopping.
• Omnichannel is a business strategy that creates a unified customer experience across multiple channels.
• Omnichannel is a marketing strategy focused solely on social media.

Multiple Select

Identify 2 Key Challenges in Supply Chain Management.

• Global Complexity

• Limited supplier options.

• Reliable supplies

• Cyber Threats

Match

Match the Future of Supply Chain Management to its correct description.

• Autonomous Supply Chains

• IoT Tracking

• Distributed Manufacturing

• Autonomous Delivery

AI systems making decisions Suppldddccvc

Real-time monitoring of every product'

3D printing facilities near consumers

Drones & self-driving vehicles logistics

• AI systems making decisions Suppldddccvc

• Real-time monitoring of every product'

• 3D printing facilities near consumers

• Drones & self-driving vehicles logistics