SUPPLY CHAIN MANAGEMENT

Which one is the importance of supply chain management

• Reduce operational cost

• Reduce customer satisfaction by delaying the product delivery

• Increase overall business costs

• Limits collaboration between suppliers, manufacturers and retailers

What are 2 focuses of reactive supply chain

• maintain steady inventory

• Flexibility to market changes

• Build-to-order

• Quick response to demand

What is the main goal of Supply Chain Management (SCM)

• Increase production only

• Manage employee wages

• Oversee the flow of goods, information and finances

• Focus solely on marketing

What type of supply chain is best for consistent demand products?

• Reactive

• Efficient Reactive

• Disrupted

• Stable

Which of the following is a challenge faced by Petronas’ upstream supply chain?

• Overproduction

• Harsh locations and weather

• Abundant local resources

• Free transportation

What does the Vendor Development Programme (VDP) offer?

• Business, technical and financial training

• Tax deductions

• Financial loan for customer

• Marketing consultancy

The focus of the Reactive Supply Chain strategy is to build-to-order and maintain (a)   inventory?

One day of drilling delay in the upstream supply chain can cost (a)  

What technology did AVEVA Predictive Analytics help with?

• Increasing product price

• Monitoring equipment to reduce downtime

• GPS tracking

• Employee performance review

From a control point of view, what is the main difference between vertical and horizontal supply chains

• Horizontal controls suppliers, vertical controls marketing only

• Both have the same level of control

• Horizontal has full control, vertical has none

• Vertical has more control over the whole process, horizontal has less control