Supply Chain and Logistics Quiz

The common point of Supply Chain and Logistics is the same management:

• Cash flow, information flow, goods flow

• Information flow, production flow, goods flow

• Goods flow, supply flow, information flow

• Production flow, cash flow, information flow

What does EDI stand for?

• Electronic Data Information

• Electronic Digital Information

• Electronic Data Interchange

• Electronic Digital Interchange

What does JIT stand for?

• Just In Today

• Just In Time

• Just In Testing

• Just In Training

What does the concept of "Bullwhip Effect" in supply chain refer to?

• The phenomenon of incidents and delays in the transportation of goods.

• The increase in uncontrolled and unbalanced inventories in the company.

• The increase in fluctuations in demand forecasts of members in the supply chain causing inventories to vary more than expected.

• The loss and damage of goods during transportation.

What does TQM stand for?

• Total Quality Management

• Total Quantity Management

• Total Quality Marketing

• Total Quality Measurement

What factors does the 4R principle in JIT include?

• Right product, Right quality, Right price, Right time

• Right product, Right quantity, Right place, Right time

• Right product, Right quality, Right place, Right price

• Right purpose, Right quality, Right place, Right time

What is the concept of MRP?

• Manufacturing resource planning system

• Material requirements planning system

• Total quality management system

• Just-in-time

What is the main objective of Just-In-Time (JIT) inventory management in the supply chain?

• Increase inventory

• Reduce manufacturing costs by minimizing inventory and waste

• Increase production time

• Maximize storage space utilization

Which of the following is NOT a component of the SCOR model?

• Plan

• Source

• Make

• Marketing

Which of the following is not a future trend in supply chain management:

• Using artificial intelligence (AI) to optimize the transportation and storage of goods.

• Using blockchain to increase transparency and security in supply chain transactions.

• Reducing the use of IoT (Internet of Things) solutions in warehouse management.

• Increasing the application of green and sustainable supply chain solutions.