Supply Chain Mngt. Quiz

Supply Chain Mngt. Quiz

University

30 Qs

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Supply Chain Mngt. Quiz

Supply Chain Mngt. Quiz

Assessment

Quiz

Hospitality and Catering

University

Practice Problem

Hard

Created by

Mariel Valiente

Used 1+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What is the core purpose of a Supply Chain Strategy?

Reducing a company's carbon footprint

Detailing a plan to align SCM with overall business goals and gain a competitive advantage

Building strong partnerships with suppliers

Optimizing transportation routes

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which component of SCM strategy specifically aims to prevent both overstocking and stockouts?

Inventory Management

Logistics & Distribution

Demand Planning & Forecasting

Technology Integration

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

A company that prioritizes flexibility and responsiveness to sudden market changes is utilizing which SCM strategy?

Lean Strategy

Global Strategy

Agile Strategy

Resilient Strategy

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The decision between a Just-in-Time (JIT) and a Just-in-Case (JIC) model is a key consideration in which SCM strategy component?

Demand Planning & Forecasting

Inventory Management

Supplier Relationship Management

Risk Management & Resilience

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Which of the following is an example of an external factor addressed in the SWOT analysis for SCM strategy development?

Mitigate Weaknesses

Leverage Strengths

Counteract Threats

Workforce training

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

The process of overseeing the entire flow of goods and services, from raw materials to the final customer, is defined as:

Logistics & Distribution

Demand Planning & Forecasting

Supply Chain Management (SCM)

Supplier Relationship Management (SRM)

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

What is the primary focus of a Lean Strategy in SCM?

Prioritizing flexibility

Focusing on efficiency and cost reduction by eliminating waste

Building buffers against risk

Using international distribution networks

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