Supply Chain Management

The _____________________________is defined as all the steps, processes, and trading partners involved in making, storing, and delivering a finished product into the hands of the end user.

• Selling Chain

• Production Chain

• Supply Chain

• Moving Chain

What is the first step in the supply chain?

• Make

• Source

• Store

• Move

What is the second step in the supply chain?

• Make

• Store

• Move

• Source

What is the third step of the supply chain?

• Make

• Source

• Move

• Store

What is the last step of the supply chain?

• Store

• Source

• Move

• Make

True or False: The abbreviation "WIP" in the store phase of the supply chain means "Work-In-Process.

• True

• False

Select all the modes of transportation in delivering materials and finished goods in the supply chain.

• Trucks

• Trains

• Barges or ships

• Airplanes

What does the 'Move' step in the supply chain involve?

• Manufacturing the product

• Transporting the product to the store

• Sourcing raw materials

• Storing the product in the warehouse

What is the role of 'Source' in the supply chain?

• Transporting the product

• Storing the product

• Manufacturing the product

• Obtaining raw materials

True or False: The 'Store' phase in the supply chain involves the sale of the product to the end user.

• True

• False