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Worksheetslogistics & Supply chain Management - A PROF. NARESH SUKHANI
Total questions: 18
Worksheet time: 12mins
The supply chain concept originated in what discipline?
marketing
operations
logistics
production
The purpose of supply chain management is
provide customer satisfaction
improve quality of a product
integrating supply and demand management
increase production
A successful TQM program incorporates all of the following except
continuous improvement
employee involvement
benchmarking
centralized decision making authority
"Kaizen" is a Japanese term meaning
a fool proof mechanism
Just-in-time (JIT)
a fishbone diagram
continuous improvement
To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.
reduction-inventory management
supply chain management
economic order quantity
just-in-time logistics
which functional area of supply chain is to ensure customer satisfaction with a product or service?
Customer Service
Manufacturing
Inventory
Warehousing
Which component of the supply chain sells the final good to the consumer?
Supplier
Manufacturer
Distributor
Retailer
A business' supply chain includes __________________
all companies involved in the upstream flow
all companies involved in the downstream flow
all processes from raw materials to consumption
All of the Above
Stock
retailers
clients
distributors
inventory
A location within a supply chain network is known as a:
Link
Node
Network
Supplier
A person or company that provides repair and maintenance is known as a(n):
Wholesaler
Manufacturer
Retailer
Service Provider
Which function of an organization generates demand?
Finance
Production
Marketing
Transportation
People who sell products to the public
retailers
inventory
warehouses
components
inventory Management is shallow at ____________
RETAILER
WHOLESALER
STOCKIST
MANUFACTURER
Which of these are ENTITIES in a supply chain?
Producers
Tesco
Retailers
Lower Costs
Distribution Centers
Which of these are FUNCTIONS in a supply chain?
Customer Service
Product Development
Operations
Refreshments
Distribution
What is the aim for SCM managers?
More expensive, slower, worse
Smoother, effective, efficient
Cheaper, faster, better
What is an integrated process in SCM?
Marketing
Logistics
Customer Service
Shareholding
