Logistics Role in the Supply Chain

1.     The logistics is originated from

• Supply Chain

• World War

• Technology Innovation

• Employee Training

Answer explanation

Logistics first began in the military and was not used by businesses until after World War II

What does 'The 7Rs of Logistics' refer to?

• 7 regional logistics strategies

• 7 rules of transportation

• 7 rights in delivering the correct product

• 7 types of logistics technologies

Answer explanation

The '7Rs of Logistics' refers to delivering the right product, in the right quantity, to the right customer, at the right time, in the right condition, at the right place, and at the right cost.

How has logistics evolved over time in the context of supply chain management?

• Shift from manual to automated processes

• Decreased importance of customer relations

• Reduced emphasis on technology

• Static approach without significant changes

Answer explanation

Logistics has evolved significantly, particularly with the shift from manual processes to automated systems, enhancing efficiency and accuracy in supply chain management.

What are the three important flows in supply chain

• Blockchain, Artificial Intelligence, Social Media

• Data, Time, Date

• Lead Time, ETA, ETD

• Product, Information, Finance

Answer explanation

Why u forget the answer????

What is the primary difference between supply chain and value chain?

• Supply chain is focused on production, value chain on customer needs

• Value chain involves external processes, supply chain is internal

• Supply chain is technology-driven, value chain is not

• No significant difference exists

Answer explanation

The supply chain focuses on logistics and production of goods, while the value chain is more encompassing, focusing on adding value to the customer.

Which of the following is a key activity in logistics management?

• Market research

• Product design

• Inventory management

• Customer relationship management

Answer explanation

Inventory management is a key activity in logistics, focusing on the storage, movement, and tracking of goods.

What is a key advantage of integrating technology in logistics?

• Increased paperwork

• Reduced communication

• Enhanced tracking and efficiency

• Higher employee turnover

Answer explanation

Technology integration in logistics enhances efficiency and accuracy in operations.

Choose the correct statement.

• Supply chain covers a wider scope including R&D, customer service, marketing, operation and distribution.

• Logistics covers a wider scope including R&D, customer service, marketing, operation and distribution.

Answer explanation

Logistics is under the UMBRELLA of SUPPLY CHAIN MANAGEMENT.

Which of the following is a trend in modern supply chain management?

• Decreasing reliance on technology

• Shift towards more localised operations

• Increased emphasis on sustainability

• Reduced focus on customer service

Answer explanation

Modern supply chain management emphasises sustainability, reflecting environmental awareness and eco-friendly practices.

How does effective supply chain management contribute to customer satisfaction?

• By focusing solely on cost-cutting

• Through timely delivery and quality service

• By reducing product variety

• By limiting customer interaction

Answer explanation

Effective supply chain management ensures timely delivery and quality service, contributing to customer satisfaction.