Supply Chain 4.0 Quiz

What are some of the Industry 4.0 innovations applied in Supply Chain 4.0?

• Advanced robotics, analytics, big data

• Virtual reality, blockchain, cloud computing

• Augmented reality, 5G technology, cybersecurity

• Artificial intelligence, machine learning, quantum computing

What has the supply-chain management function shifted its focus to in many companies?

• Third-party logistics providers

• Operational logistics

• Customer service

• Integrated sales and operations planning

What is the main driver behind the growing service expectations and detailed orders in the consumer goods industry?

• Supply chain disruptions

• Online trends

• Increased automation

• Decreasing competition

What is the concept of 'predictive shipping' in Supply Chain 4.0?

• Products are shipped before the customer places an order

• Products are shipped after the customer places an order

• Products are shipped without any tracking information

• Products are shipped with a delay

How does Supply Chain 4.0 increase flexibility in distribution networks?

• By limiting direct-to-consumer opportunities

• By reducing the number of transport options

• By increasing lead times

• By implementing crowdsourced transport capacity

What is the key enabler required for the transformation into a digital supply chain?

• Increased inventory levels

• Manual planning processes

• Limited digital capabilities

• Two-speed architecture/organization

What is the expected impact of Supply Chain 4.0 in the next two to three years?

• Up to 50% lower operational costs

• 75% more lost sales

• Up to 75% increase in inventories

• Significant increase in supply chain rigidity

How does Supply Chain 4.0 improve supply-chain planning?

• By reducing automation in planning tasks

• By conducting manual S&OP processes

• By leveraging advanced system support

• By decreasing the use of forecasting algorithms

What is the role of collaboration in the supply-chain cloud?

• It limits the exchange of planning data

• It increases lead times

• It allows for lower inventories through data exchange

• It hinders information provision throughout the chain

What is the purpose of the McKinsey Digital walkthrough in understanding the digital maturity of an organization?

• To decrease the use of specialist profiles

• To create a rigid innovation environment

• To shape the road map for digitization

• To assess the potential impact of Supply Chain 4.0