Supply chain operation - Day 1

What is the primary goal of a supply chain?

• To store products in warehouses

• To maximize transportation costs

• To deliver the right product to the right place at the right time

• To produce as much inventory as possible

Which of the following is not one of the three main flows in a supply chain?

• Product flow

• Information flow

• Money flow

• Employee flow

What is the correct order of product flow in a typical supply chain?

• Customer → Retailer → Manufacturer → Supplier

• Supplier → Manufacturer → Distributor → Retailer → Customer

• Manufacturer → Supplier → Retailer → Customer

• Customer → Distributor → Manufacturer → Supplier

Which of the following is considered a key component of a supply chain?

• Inventory management

• Advertising agency

• Financial auditing

• Public relations

Which resource is most essential to the smooth operation of a supply chain?

• Office space

• Customer reviews

• Advertising materials

• Human resources

What does a supply chain network typically consist of?

• Only suppliers and customers

• Suppliers, manufacturers, warehouses, distributors, and retailers

• Consumers and advertisers only

• A single company with multiple departments

The supply chain ends when the product reaches the distributor.

• True

• False

Information flow in a supply chain is just as important as product flow.

• True

• False