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WorksheetsSUPPLY CHAIN MANAEGEMENT
Total questions: 10
Worksheet time: 5mins
Which of the following correctly describes a flow within the supply chain?
The flow of cash is predominantly downstream
The material flow usually moves upstream
Exchange of information moves in both directions
All of the above
The purpose of supply chain management is to ____________
Increase production
Increase profitability
Improve quality of a product
Customer Service
What does supply chain refer to?
The stages goods and services go through from their source to the end consumer
The process of getting a good or service from a warehouse to the end customer
The process of transporting a product from one location to another
What does procurement refer to?
Procurement refers to getting the highest quality products available
Procurement means getting products to the customer in a time efficient manner
Procurement means getting the right supplies from the right supplier, at the right price
Logistics is the part of supply chain involved with the forward and reverse flow of ____________________
Goods
Services
Cash
All of above
The major decision areas in supply chain management are _______
Planning, production ,distribution, inventory
Location, production ,inventory
Location, production, scheduling ,inventory
Location ,production, distribution, marketing
Which of the following is not a part of supply chain management system?
Information Flow
Competitor
Distributor
Supplier
Which of the following is NOT a factor affecting the supply chain?
Reduced number of suppliers
Increased competition
Increased opportunities to strategically use technology
Longer product life cycles
When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in ___________
Supply and demand chain
Channel of distribution
Value delivery network
Supply chain
A supply chain is made up of a series of processes that involve an input, a _______ and an output.
Shipment
Customer
Supplier
Transformation
