JUNIOR INITIATIVE QUIZ

What is the primary goal of logistics?

• To reduce transportation costs at all costs

• To ensure the efficient flow of goods and services

• To produce goods in bulk quantities

• To focus only on warehousing

Which of the following is an example of reverse logistics?

• Shipping goods to retailers

• Returning defective products from customers

• Transporting raw materials to factories

• Distributing finished goods to warehouses

Which transportation mode is the most cost-effective for bulk shipments over long distances?

• Air

• Rail

• Road

• Sea

What is the main function of a distribution center?

• Manufacturing products

• Storing and dispatching goods to customers

• Advertising and promoting products

• Training employees for logistics

What does the term "third-party logistics (3PL)" refer to?

• A company’s in-house logistics team

• Outsourcing logistics and supply chain activities to a service provider

• A supplier of raw materials

• Logistics for the third tier of the supply chain

What is the main objective of supply chain management (SCM)?

• To reduce product prices

• To create value for customers and enhance efficiency

• To focus only on manufacturing

• To minimize transportation costs

Which of the following is NOT a part of the supply chain?

• Suppliers

• Manufacturers

• Distributors

• Competitors

What does the "bullwhip effect" in supply chain refer to?

• An increase in transportation costs

• Fluctuations in inventory levels due to demand miscommunication

• Reduced efficiency in warehouses

• Delays in shipping finished goods

Which strategy helps improve supply chain flexibility?

• Reducing safety stock

• Demand forecasting

• Implementing fixed inventory systems

• Ignoring supplier relationships

What does "cross-docking" mean in supply chain operations?

• Storing goods in warehouses for long periods

• Moving goods directly from inbound to outbound transport without storage

• Transporting goods across international borders

• Shipping goods to multiple destinations from a single warehouse