Supply Chain Management

Fill in the blank space in the following statement:

A ................................is defined as a set of active members inside an organization's supply chains, as well as inactive members to which an organization is linked, who can be relied upon to actively contribute to the supply chain if a need arises (Braziotis, Bourlakis, Rogers, & Tannock, 2013)

• supply members

• supply network

• supply change

• supply chain

A .................................. is a network of individuals and companies that are involved in creating a product and delivering it to the consumer.

Fill in the empty space in the following statement :

Companies seek to improve their supply chains so they can ........................... their costs and remain competitive.

• fulfill

• increase

• reduce

• meet

Which one of the following entities is NOT involved in the supply chain?

• producers

• vendors

• warehouses

• actors

• distributors

The supply chain begins operating when a business receives an order from a customer.

• True

• False

• inappropriate

• appropriate

It can lower a company's overall costs and boost its profitability when supply chain management is ................................ (fill the empty space)

• none is correct

• ineffective

• effective.

• inefficient

What is it called when a single product moves through every step of the process continuously, without batching, allowing for uninterrupted production and frequent delivery of value to customers?

• Uninterrupted Model

• Fast Model

• Continuous Flow Model

• Flexible Model

What is it called when the businesses receive raw materials, add value to them through production, manufacturing, and other processes to create a finished product, and then sell the finished product to consumers.

• Value systems

• Overvaluing

• Value Chain

• Chain Making

When the businesses look for ways to cut back on shortages, prepare product plans, and work with others in the chain to add value to the customer.

• Inventory Control

• Quality Control

• Customer Satisfaction

• Value Chain

 Receiving, warehousing, and inventory control are the common activities in :

• Warehouse Control

• Supply Disruption

• Outbound Logistics

• Inbound Logistics