SC1 recap

What is the primary purpose of logistics?

• • To increase product prices

• • To ensure the efficient movement and storage of goods

• • To reduce product quality

• • To complicate supply chain processes

Which of the following is considered a "Right" in logistics?

• • Right place

• • Right vendor

• • Right investment

• • Right budget

Which of the following is not one of the five sub-functions of logistics?

• • Storage / warehousing

• • Marketing

• Inventory

• Transport / Delivery

Which of the following activities is included in logistics?

• • Product design

• • Manufacture storage

• • Customer feedback analysis

• Human resource management

• Which sector heavily relies on cold chain logistics?

• • Automotive

• Pharmaceuticals

• • Electronics

• • Textile

What does the supply chain primarily integrate and control?

• • Employee relations

• Financial transactions

• Movement of goods, materials, and information

• • Marketing strategies

Which of the following is a key component of the supply chain?

• Advertising

• Legal compliance

• • Human resources

• Production

What are the two main classifications of a company’s supply chain?

• • Internal and external supply chain

• • Domestic and international supply chain

• • Simple and complex supply chain

• • Traditional and modern supply chain

Which of the following activities is crucial in supply chain management?

• • Marketing campaign planning

• • Supplier relationship management

• • Employee training programs

• • Corporate social responsibility

Which of the following is a key feature of the logistics process?

• Management of financial transactions

• • Development of marketing strategies

• Movement of goods, materials, and information from supplier to consumer

• Creation of company policies