SC&M Final revision

Which of the following is NOT a sub-function of logistics?

• Packaging

• Transport / Delivery

• Product Development

• Storage / Warehousing

Which of the following is NOT one of the three types of flows in a supply chain?

• Material flow

• Information flow

• Customer flow

• Financial flow

_____________ what does the company do? who does it serve? and how does it serve them?

• Mission

• Vision

• Objectives

• Values

• Tasks

Which of the following is considered as the first step in outsourcing logistics tasks including transport:

• 1PL

• 2PL

• 3PL

• 4PL

What is the primary goal of reverse logistics?

• To increase production speed

• To regain value from returned products or dispose of them

• To reduce the number of returned products

• To manage inventory levels

Which of the following is NOT one of the 4Ds of logistics decision-making?

• Demand

• Distance

• Distribution

• Destination

Buy or make only what is needed, when needed, and in the amount needed is the definition of

• EDI

• TMS

• VMI

• JIT

What does SMART stand for in terms of setting objectives?

• Specific, Measurable, Achievable, Relevant, Time-bound
• Specific, Manageable, Achievable, Relevant, Timed
• Specific, Measurable, Ambitious, Relevant, Time-sensitive
• Simple, Manageable, Attainable, Realistic, Timely

What are the three types of inventories

• Work-in-progress, spare parts, inventory management
• Raw materials, work-in-progress, finished goods
• Supplies, tools, equipment
• Raw materials, components, packaging

Is an advantage of reverse logistics

• Longer delivery times
• Higher waste generation
• Increased transportation costs
• Cost savings and improved sustainability.