Logistics and supply chain

What does Supply Chain Management (SCM) involve?

• Coordinating activities from raw material acquisition to final product delivery

• Storing goods in warehouses

• Managing financial investments

• Designing marketing strategies

Which of the following is an example of a type of warehouse?

• Cross-docking facility

• Cold storage warehouse

• Distribution center

• All of the above

What is a key benefit of effective logistics?

• Better marketing strategies

• Reduced operational expenses

• Improved product design

• Enhanced HR practices

Which technology is commonly used in warehousing?

• Automated guided vehicles (AGVs)

• Robotic arms

• Warehouse Management Systems (WMS)

• All of the above

Which of the following is an example of road transportation?

• Freight trains

• Cargo planes

• Trucks

• Ships

Which mode of transportation is most suitable for urgent shipments?

• Road transportation

• Rail transportation

• Air transportation

• Water transportation

What does risk mitigation in supply chain management involve?

• Ignoring low-priority risks

• Implementing strategies to minimize risk impact

• Outsourcing all operations

• Avoiding supplier negotiations

What does Just-In-Time (JIT) inventory management focus on?

• Reducing inventory holding by producing goods as needed

• Storing excess stock for safety

• Centralizing all inventory in one location

• Maintaining constant production levels

Which component of SCM involves selecting suppliers?

• Production

• Sourcing

• Distribution

• Warehousing

What is the benefit of automated technologies in logistics?

• Increased manual labor

• Improved accuracy and reduced costs

• Longer delivery times

• Higher storage costs