MCQs on Supply Chain Management

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

• Maximizing inventory levels

• Reducing costs while ensuring customer satisfaction

• Increasing supplier dependency

• Limiting production capacity

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

• Suppliers

• Manufacturers

• Customers

• Competitors

What does SCM primarily focus on?

• Selling directly to consumers

• Managing activities from sourcing to delivery

• Advertising and branding

• Only managing production processes

Which process in SCM involves determining demand forecasts and strategizing inventory levels?

• Sourcing

• Planning

• Production

• Delivery

Which process involves identifying suppliers and negotiating contracts?

• Sourcing

• Production

• Delivery

• Returns

The process of handling defective or returned goods is known as:

• Delivery

• Procurement

• Returns

• Production

Which macro process in SCM focuses on managing relationships with suppliers?

• Internal Supply Chain Management (ISCM)

• Supplier Relationship Management (SRM)

• Customer Relationship Management (CRM)

• Warehouse Management

Which of the following is NOT a part of the three macro processes in SCM?

• CRM

• ISCM

• SRM

• HRM

Selecting a supplier for long-term partnership falls under which decision phase?

• Strategic

• Tactical

• Operational

• Routine

Inventory level optimization falls under which decision category?

• Strategic

• Tactical

• Operational

• Financial