Quiz Intelligence

Which of the following best describes Supply Chain Management (SCM)?

• A process that focuses on the production of goods in a timely manner.

• A set of processes to integrate supply chain partner

• A method for optimizing inventory levels to meet customer demand.

• A strategy for reducing transportation costs by sourcing locally.

Which of the following is NOT one of the eight key supply chain integrative processes?

• Demand Planning Responsiveness

• Supplier Relationship Collaboration

• Life-Cycle Support

• Financial Forecasting

What is a key characteristic of a Responsive Business Model (Pull Model)?

• It relies heavily on accurate forecasts to predict customer demand.

• Inventory levels are kept high to anticipate future sales.

• Products are made or assembled only when ordered, reducing inventory

• It focuses on minimizing collaboration between supply chain participan

Which of the following is a key component of the Supply Chain Value Proposition?

• Innovation

• Flexibility

• Efficiency

• Scalability

Which of the following is an example of a technology adoption disruptor in supply chains?

• Changes in consumer behavior requiring faster delivery times.

• The rise of "Uberization" replacing traditional business intermediarie

• Increasing demand for sustainable packaging among millennials.

• The growing popularity of omnichannel shopping.

Which supply chain application is typically used during emergencies to deliver food, medical supplies, and equipment?

• Talent Supply Chain

• Humanitarian Supply Chain

• Recycling Supply Chain

• Agricultural Commodity Supply Chain

In the general supply chain model, which of the following roles is responsible for transforming raw materials into finished products?

• Distributor

• Retailer

• Final Product Manufacturer

• First-Tier Supplier

Name the supplier which is direct suppliers of the final product

• First-tier supplier

• second -tier supplier

• Distributor

• Retailer

_______ process that involves return and disposition of inventory in a cost-effective and secure manner, including activity that related to recycling

• Demand Forecasting

• Order fulfillment

• Procurement

• Reverse Logistics

Which tier of supplier typically does not have a direct relationship with the final product manufacturer?

• second-tier supplier

• First-tier supplier

• Retailer

• Distributor