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Supply chain Management

Total questions: 35

Worksheet time: 18mins

Name
Class
Date
1.

A business' supply chain includes __________________

a)

all companies involved in the upstream flow

b)

all companies involved in the downstream flow

c)

all processes from raw materials to consumption

d)

All of the Above

2.

The beginning stages of creation of a company's product or service is called _________________

a)

Upstream Flow

b)

Downstream Flow

c)

Electron Flow

d)

Flo Rida

3.

The first stage of the supply chain management flow is called _________

a)

Manufacture

b)

Raw Materials

c)

Season 1

d)

Suppliers

4.

The final stage of the supply chain management flow is called _________

a)

Consumer

b)

Customer

c)

Destruction

d)

Recycling

5.

The fourth stage of the supply chain management flow is called _________

a)

Warehouse

b)

Retail

c)

Distribution

d)

Consumer

6.

The beginning stage of the Supply Chain is also called the ________________

a)

Point of Concern

b)

Point of Origin

c)

Point of the Lesson

d)

Point of Comsumption

7.

The ending stage of the supply chain is also known as the ________________________

a)

Point of Contention

b)

Point of Origin

c)

Point of Conclusion

d)

Point of Consumption

8.

1. The purpose of supply chain management is…………….

a)

Provide customer satisfaction

b)

Improve quality of a product

c)

Integrating supply and demand management

d)

A. Increase production

9.

3. VMI stands for

a)

Vendor material inventory

b)

Vendor managed inventory

c)

Variable material inventory

d)

Valuable material inventory

10.

The major decision areas in supply chain management are

a)

Planning, production ,distribution, inventory

b)

Location, production, scheduling ,inventory

c)

Location ,production ,inventory

d)

Location ,production, distribution, marketing

11.

Reverse logistics is required because

a)

Goods are defective

b)

Goods are unsold

c)

The customer simply change their minds

d)

All of above

12.

6. Which of the following is not a part of supply chain management system?

a)

Supplier

b)

Information Flow

c)

Distributor

d)

competitor

13.

Which of the following is NOT a factor affecting the supply chain?

a)

Reduced number of suppliers

b)

Increased competition

c)

Longer product life cycles

d)

Increased opportunities to strategically use technology

14.

Just-in-time/SCM purchasing requires the following condition:

a)

Many suppliers

b)

Short-term contracts

c)

Cooperation between purchasing and suppliers

d)

Continuous competitive bidding

15.

When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in

a)

Channel of distribution

b)

Value delivery network

c)

Supply chain

d)

Supply and demand chain

16.

Which of the following is not an area of responsibility for a logistics manager?

a)

Inventory

b)

Purchasing

c)

Marketing

d)

Transporting

17.

A supply chain is made up of a series of processes that involve an input, a _______, and an output.

a)

Shipment

b)

Supplier

c)

Customer

d)

Transformation

18.

The bullwhip effect:

a)

Is an ineffective way to motivate warehouse employees

b)

Applies to rodeos and has nothing to do with supply chain management

c)

Refers to the “swaying” motion associated with triple trailers

d)

Refers to variability in demand orders among supply chain participants.

19.

Which of the following is NOT a reason that companies are depending more on their suppliers?

a)

More focus on core competencies

b)

Need for more flexibilities

c)

More control over their suppliers

d)

Desire to share risks

20.

The terms purchasing and procurement should not be seen as synonymous. As such, which of the following statements do you think has greatest validity?

a)

Purchasing has a broader meaning than procurement

b)

Procurement has a broader meaning than purchasing

c)

Procurement is broadly equivalent to purchasing

d)

None of the above

21.

Supply chain management only involves the relationship with suppliers

a)

True

b)

False

22.

Which of those is not directly related with SCM systems?

a)

Production

b)

Relationship with suppliers

c)

Inventory

d)

Marketing

23.

Supply chain management is the management of the movement of goods and services and includes all processes that turn raw materials into final products

a)

True

b)

False

24.

Supply Chain Management Systems are a whole group of interconnections that allow companies to be more efficient

a)

True

b)

False

25.

Inventory management is not very significant inside the supply chain management

a)

True

b)

False

26.

Which of these aspects would not help Mercedes car production line?

a)

Time, money and efficiency

b)

Employers, automation

c)

Human resources, culture and ethics

27.

The end point of the supply chain.

a)

Supplier

b)

Retailer

c)

Distributor

d)

None of the Above (NOTA)

28.

A wholesaler who sells products of a company but can't use the manufacturer's business name.

a)

Dealer

b)

Retailer

c)

Distributor

d)

None of the Above (NOTA)

29.

A person who oversees and manages transportation and storage for inventory

a)

Supply chain manager

b)

Supplier

c)

Logistician

d)

All of the Above (AOTA)

30.

Process of hiring a third party to perform services and create goods.

a)

Supplier collaboration process

b)

Demand planning process

c)

Strategic sourcing process

d)

Outsourcing process

31.

The process of preparing and shipping goods to their destination

a)

Outbound Processing

b)

Transportation Execution Process

c)

Inbound Processing

d)

Transportation Planning process

32.

It predicts future demand based on historical or present data.

a)

Strategic planning

b)

Consensus Demand planning

c)

Forecasting process

d)

Life cycle Planning process

33.

A seller who buys products from a distributor and sell the products to consumers in small quantities

a)

Shopper

b)

Wholesaler

c)

Supplier

d)

Retailer

34.

A facility where goods or inventory is stored

a)

Shopping Mall

b)

distribution center

c)

Warehouse

d)

All of the Above

35.

Which is a supplier among the choices?

a)

Farmer

b)

Market

c)

Rice Mill

d)

Cargo ship