CHAPTER 1 AND 2 SUPPLY CHAIN

WHICH ANSWER IS NOT TRUE ABOUT

ACTIVITY MIX INVOLVED IN LOGISTICS (KEY ACTIVITIES)

• TRANSPORTATIONS

• INVENTORY MANAGEMENT

• HUMAN RESOURCES AND CUSTOMER SERVICE

• INFORMATION FLOWS AND

  ORDER

  PROCESSINGS

Carrier routing and Vehicle scheduling are elements that discuss in the Transportation part?

• TRUE

• FALSE

Supply Chain Stages consist of 5 elements. Which one is not true?

• Supplier

• Customer

• Distribution Centre

• Retailer

Importance of Supply Chain Decisions.

Which answer is TRUE?

• Effective flow of goods and passenger

• Increase the level of inventory

• Reason for Company decline

• Improved match between supply and demand

SUPPLY AND DISTRIBUTION LINES ARE LENGHTENING WITH GREATER COMPLEXITY ARE ONE OF THE IMPORTANCE OF LOGISTICS IN SCM?

• TRUE

• FALSE

Supplier relationship management (SRM) is

a business initiative that only one companies undertake to build

mutually beneficial relationships with suppliers

• TRUE

• FALSE

Shared Vision and objectives, Personal Relationships and Capabilities are Key Factors for developing successful partnership

• TRUE

• FALSE

Which one is not TRUE about Importance of Supplier Relationships?

• An Optimized Procurement Process

• Reduced Cost

• A loosen supply chain

• Improve Efficiency

Customer Relationship Management (CRM) refers to building and maintaining short term profitable customer relationship

• TRUE

• FALSE

Customer Satisfaction and Inventory Management are the key roles of CRM in supply chain management

• FALSE

• TRUE