Supply Chain Management Quiz

What is the primary focus of Supply Chain Management (SCM)?

• Planning, organizing, and optimizing supply chain activities

• Maximizing employee satisfaction

• Reducing customer service

• Increasing product prices

Which of the following is NOT a component of the supply chain?

• Downstream

• Marketing

• Internal

• Upstream

What does the Bullwhip Effect refer to?

• A strategy for cost reduction

• A type of supply chain software

• Fluctuations in demand across the supply chain

• A method of inventory management

Which technology is used to minimize data entry errors in supply chains?

• Artificial Intelligence

• Blockchain

• Cloud Computing

• Electronic Data Interchange (EDI)

What is the purpose of Vendor-Managed Inventory?

• To reduce supplier relationships

• To increase product prices

• To allow suppliers to monitor and replenish inventory

• To eliminate all inventory

Which of the following is a benefit of using JDA Sales & Operations Planning?

• Increased manual processes

• Improved decision support and cross-functional alignment

• Higher costs in planning

• Reduced visibility across departments

What is the main goal of supply chain integration?

• To eliminate the need for technology

• To reduce the number of suppliers

• To achieve greater coordination and collaboration among partners

• To increase competition among suppliers

What does Just-in-Time inventory aim to achieve?

• Longer lead times

• Increased storage costs

• Delivery of parts at the right time

• Excessive inventory levels

Which of the following is a characteristic of the upstream component of a supply chain?

• Distribution of finished goods

• Sourcing or procurement activities

• Manufacturing processes

• Customer service management

What is a key benefit of using supply chain management systems?

• Increased product time to market

• Higher inventory levels

• Reduced customer satisfaction

• Less effective asset utilization