Global Supply Chain Logistics Quiz

What is the Global Supply Chain Logistics?

• The management of the flow of goods and services

• A software for tracking shipments

• A type of international trade agreement

• A global network of manufacturers

What is the supply chain?

• A network of all entities involved in producing and delivering a product to the final customer

• A type of computer software

• A chain used in supply ships

• A financial term describing a type of investment

What do Raw material Providers provide for the supply chain?

• Logistics support

• Financial services

• Raw materials

• Marketing strategies

What do Production facilities provide for the supply chain?

• Logistics and transportation services

• Marketing and sales support

• Goods and services for consumption

• Financial and banking services

What do warehouses and distribution centers do for the supply chain?

• Store goods

• Manufacture goods

• Transport goods

• Facilitate the exchange of goods

What is the focus of a warehouse?

• Data storage and management

• Manufacturing goods

• Retail storefront

• Software development

What is the focus of a distribution center?

• Managing inventories

• Facilitating product returns

• Streamlining the supply chain

• All of the above

What does transportation do for the supply chain?

• Increases the cost of goods

• Connects producers and consumers

• Decreases the efficiency of trade

• Has no impact on the supply chain

What is a BOL?

• Bill of Lading

• Balance of Life

• Bunch of Lies

• Board of Legislators

The BOL is issued by the carrier and is provided to the shipper in exchange for receipt of the freight.

• True

• False