WorksheetsSupply chain Management
Total questions: 35
Worksheet time: 18mins
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
The beginning stages of creation of a company's product or service is called _________________
Upstream Flow
Downstream Flow
Electron Flow
Flo Rida
The first stage of the supply chain management flow is called _________
Manufacture
Raw Materials
Season 1
Suppliers
The final stage of the supply chain management flow is called _________
Consumer
Customer
Destruction
Recycling
The fourth stage of the supply chain management flow is called _________
Warehouse
Retail
Distribution
Consumer
The beginning stage of the Supply Chain is also called the ________________
Point of Concern
Point of Origin
Point of the Lesson
Point of Comsumption
The ending stage of the supply chain is also known as the ________________________
Point of Contention
Point of Origin
Point of Conclusion
Point of Consumption
1. The purpose of supply chain management is…………….
Provide customer satisfaction
Improve quality of a product
Integrating supply and demand management
A. Increase production
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
6. Which of the following is not a part of supply chain management system?
Supplier
Information Flow
Distributor
competitor
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
Supply chain management only involves the relationship with suppliers
True
False
Which of those is not directly related with SCM systems?
Production
Relationship with suppliers
Inventory
Marketing
Supply chain management is the management of the movement of goods and services and includes all processes that turn raw materials into final products
True
False
Supply Chain Management Systems are a whole group of interconnections that allow companies to be more efficient
True
False
Inventory management is not very significant inside the supply chain management
True
False
Which of these aspects would not help Mercedes car production line?
Time, money and efficiency
Employers, automation
Human resources, culture and ethics
The end point of the supply chain.
Supplier
Retailer
Distributor
None of the Above (NOTA)
A wholesaler who sells products of a company but can't use the manufacturer's business name.
Dealer
Retailer
Distributor
None of the Above (NOTA)
A person who oversees and manages transportation and storage for inventory
Supply chain manager
Supplier
Logistician
All of the Above (AOTA)
Process of hiring a third party to perform services and create goods.
Supplier collaboration process
Demand planning process
Strategic sourcing process
Outsourcing process
The process of preparing and shipping goods to their destination
Outbound Processing
Transportation Execution Process
Inbound Processing
Transportation Planning process
It predicts future demand based on historical or present data.
Strategic planning
Consensus Demand planning
Forecasting process
Life cycle Planning process
A seller who buys products from a distributor and sell the products to consumers in small quantities
Shopper
Wholesaler
Supplier
Retailer
A facility where goods or inventory is stored
Shopping Mall
distribution center
Warehouse
All of the Above
Which is a supplier among the choices?
Farmer
Market
Rice Mill
Cargo ship
