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WorksheetsSupply Chain Management -1
Total questions: 20
Worksheet time: 10mins
1. The purpose of supply chain management is…………….
Provide customer satisfaction
Improve quality of a product
Integrating supply and demand management
A. Increase production
Logistics is the part of supply chain involved with the forward and reverse flow of
Goods
Services
Cash
All of above
3. VMI stands for
Vendor material inventory
Vendor managed inventory
Variable material inventory
Valuable material inventory
The major decision areas in supply chain management are
Planning, production ,distribution, inventory
Location, production, scheduling ,inventory
Location ,production ,inventory
Location ,production, distribution, marketing
Reverse logistics is required because
Goods are defective
Goods are unsold
The customer simply change their minds
All of above
Which of the following is not a component of 4 PL?
Control room
Resource providers
Information
Recycling
6. Which of the following is not a part of supply chain management system?
Supplier
Information Flow
Distributor
competitor
Which of the following statements is true of LEAN?
Lean principles focus on advanced statistical methods
Lean principles are separate body of knowledge
Lean principles have been developed over a lengthy period of time.
Lean principles include reducing waste.
Which of the following is NOT a factor affecting the supply chain?
Reduced number of suppliers
Increased competition
Longer product life cycles
Increased opportunities to strategically use technology
Just-in-time/SCM purchasing requires the following condition:
Many suppliers
Short-term contracts
Cooperation between purchasing and suppliers
Continuous competitive bidding
When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in
Channel of distribution
Value delivery network
Supply chain
Supply and demand chain
Which of the following is not an area of responsibility for a logistics manager?
Inventory
Purchasing
Marketing
Transporting
A supply chain is made up of a series of processes that involve an input, a _______, and an output.
Shipment
Supplier
Customer
Transformation
The bullwhip effect:
Is an ineffective way to motivate warehouse employees
Applies to rodeos and has nothing to do with supply chain management
Refers to the “swaying” motion associated with triple trailers
Refers to variability in demand orders among supply chain participants.
Which of the following is NOT a reason that companies are depending more on their suppliers?
More focus on core competencies
Need for more flexibilities
More control over their suppliers
Desire to share risks
The terms purchasing and procurement should not be seen as synonymous. As such, which of the following statements do you think has greatest validity?
Purchasing has a broader meaning than procurement
Procurement has a broader meaning than purchasing
Procurement is broadly equivalent to purchasing
None of the above
E-procurement aims to improve performance of what is known as the 'five rights of purchasing'. One aim of e-procurement is increasing savings by sourcing items:
At the right price
Of the right quantity
Of the right quality
From the right source
Production related procurement refers to the purchasing of:
Information systems
Office supplies
Raw materials
Furniture
What is the Supply chain process that links suppliers to manufacturers?
Upstream
Internal
Downstream
Extended
Reverse logistics is an activity that ensures _____________.
Productivity
Quick response
Reuse and recycling of products
Quality standards
