Supply Chain Management Quiz All

How does logistics impact supply chain management?

• By increasing product prices

• By improving customer service

• By affecting the efficiency of the supply chain

• By reducing the number of suppliers

What is the role of e-commerce in supply chain management?

• It reduces the need for logistics

• It simplifies customs regulations

• It impacts import taxes and tariffs

• It eliminates the need for physical stores

What is demand forecasting in supply chain management?

• Predicting future customer demand

• Analyzing past sales data

• Setting product prices

• Managing supplier relationships

What is the importance of strategic orientation in supply chain management?

• It focuses on short-term goals

• It helps in saving money within an organization

• It reduces the number of suppliers

• It simplifies logistics processes

What is the definition of analytics in supply chain management?

• The study of market trends

• The use of data to improve decision-making

• The analysis of competitor strategies

• The creation of new products

What is the role of customer relationship management in supply chain management?

• To increase product prices

• To improve customer satisfaction

• To reduce logistics costs

• To eliminate the need for marketing

What is the significance of sustainability in supply chain management?

• It focuses on short-term profits

• It reduces environmental impact

• It increases production speed

• It simplifies supply chain processes

What is supply chain integration?

• The separation of supply chain processes

• The coordination of all supply chain activities

• The elimination of suppliers

• The reduction of product variety

What is the significance of flexible thinking in supply chain management?

• It focuses on rigid processes

• It allows for adaptation to changes

• It reduces the need for suppliers

• It simplifies logistics

How do algorithms help in supply chain management?

• By increasing manual labor.

• By maximizing capital costs.

• By minimizing capital costs.

• By complicating logistics.