Font size
WorksheetsISCM
Total questions: 138
Worksheet time: 1hrs 12mins
It consists of all parties involved, directly or indirectly, in fulfilling a customer requirement.
Customer service
Supply Chain
Configuration
Value Chain
He was the first person to use the term supply chain management in year 1982.
Mr. Goldratt
Malcom Mclean
Keith Oliver
WIRTSCHAFTS WOCHE
The owner of the first commercially successful container ship Ideal X
Mr. Goldratt
Malcom Mclean
Keith Oliver
WIRTSCHAFTS WOCHE
What does ERP stands for?
Enterprise Reserve Planning
Enterprise Resource Planning
he defined the goals and mission of SCM through the following passage “Increase through output while simultaneously reducing both inventory and operating expense”
Mr. Goldratt
Malcom Mclean
Keith Oliver
WIRTSCHAFTS WOCHE
The following are considered benefits of SCM except:
Contributes to overall increase in profitability & coparative advantage.
This positively affects inventory levels, cycle time, business processes & customer service.
Reduces uncertainty & risks in the supply chain.
None of the choices
A set of approaches used to efficiently integrate suppliers, manufacturers, warehouses and distribution centers so that the product is produced and distributed In the right quantities to the right locations and at the right time.
Supply Chain Management
Supply Chain Configuration
Lean Management
Material Requirements Planning
The following are considered objectives of SCM except:
Maximize the overall value generated.
Increase supply chain deficit.
High supply chain profitability.
None of the choices
What does MRP stands for?
Material Reserve Planning
Material Resource Planning
Material Requirement Planning
He published for the first time the results of an implemented and so called "Supply Chain Management project"
Mr. Goldratt
Malcom Mclean
Keith Oliver
WIRTSCHAFTS WOCHE
Refers to the layer of logistics that has the highest supply chain integration imposed on manufacturers.
1PL
2PL
3PL
4PL
5PL
A trucking company happens to own a fleet of trucks. They are contracted to provide trucking services for all distribution needs of the company among it's retail stores. The engagement of trucking company is an example of what layer of logistic?
1PL
2PL
3PL
4PL
5PL
Mr. DImakuntento M. Tagay is an online seller. He received an order for 1 pc powerbank bound to Manila.As an option, he shipped the article through a habal habal. The engagement of a habal habal is an example of what layer of logistics?
1PL
2PL
3PL
4PL
5PL
Shina K. Taruk, an online seller receives an order for 1 graham cake. The buyer happens to be her cousin located 1 block away from her house. What layer of logistics is involve if Shina decides to personally hand over the product to her cousin?
1PL
2PL
3PL
4PL
5PL
What was the first route of the first commercially successful container ship?
Between Newark, New Jersey and Houston, Texas
Between New York and Texas
Between New Jersey and Veracruz, Mexico
None of the options
Begins by asking what you should outsource and what you should keep in-house.
Value Chain Dynamics
Network Dynamics
Outsourcing
Offshoring
Material Flow runs in both directions.
True
False
T2 tanker carried 58 metal containers between New York, New Jersey and Houston, Texas, on its first voyage in 1951
True
False
One of the objectives of Supply Chain Management is satisfying the supplier needs.
True
False
Layer of logistics that includes logistic operation on behalf of manufacturers, distributors and logistic service providers
1PL
2PL
3PL
4PL
The decision on the supply chain coordination tends to be transactional.
True
False
The following are considered results of a well integrated supply chain except;
High Capacity Utilization
Short Lead Time
High inventory
High Visibility
The fundamental reason of existence of Supply Chain is serving the _____________ in the market place.
Ultimate Consumer
Sure Consumer
End Consumer
Customer
A supply chain that consists of a company, a supplier, and a customer involved in the upstream and/or downstream flows of products, services, finances, and/or information
Extended Supply Chain
Direct Supply Chain
Ultimate Supply Chain
A type of vertical integration wherein a company that sets up subsidiaries that supply them with inputs as well as market their product.
Backward (upstream) vertical integration
Forward vertical integration
Balanced Vertical Integration
The addition of other business activities at the same level of the value chain.
Horizontal Integration
Vertical Integration
The following are considered objective of Supply Chain Management except;
Creating gross value
Building a competitive infrastructure
Leveraging worldwide logistics
Synchronizing supply with demand and measuring performance globally
This is a type of integration that happens when a company owns the subsidiaries that market the product.
Example: A movie studio that also owns a chain of theaters
Backward (upstream) vertical integration
Forward vertical integration
Balanced Vertical Integration
It may mean, moving the company’s production house or service centers or the company’s routine operations, overseas.
Outsourcing
Offshoring
Outsource Offshore
Also know as Supply Chain Architecture
Management
Configuration
Relationship
Coordination
The participating companies within a supply chain normally do not belong to the same business ownership, and hence there is no legal independence in between.
True
False
Any task , operation, job, process that could be performed by employees within an organization, but is instead contracted to a third party for a significant period of time generally non-core aspects of the business that are outsourced.
Outsourcing
Offshoring
Outsource Offshore
It will only take place in a supply chain where there are more than one companies involved.
Material Flow
Information Flow
Finance Flow
Commercial Flow
Recurring process flow from the time one order is placed to the time the next order must be placed to replenish depleted inventory.
Customer order cycle
Replenishment cycle
Manufacturing cycle
Procurement cycle
It is executed in response to a customer order.
Pull process
Push process
A “pull” organization of the supply chain provides tighter control of inventory costs and the ability to support higher levels of product customization.
True
False
Represents how the participating company members of the chain are connected to each other to deliver the product or service to the end consumer.
Supply Chain Relationship
Supply Chain Configuration
Supply Chain Coordination
A type of management wherein decision is not related to or influenced by the external firms in the supply chain.
Business Operations Management
Business Operational Management
Operational Business Management
Operating Business Management
A strategy where a company expands its business operations into different steps on the same production path, such as when a manufacturer owns its supplier and/or distributor.
Vertical Integration
Horizontal Integration
It is compulsory that Customers, retailers, Wholesalers, manufacturers and Raw Materials Suppliers should be present in a supply chain.
True
False
The term Supply Chain Management was first termed by _______________to the public in an interview for the “Financial Times” 1982.
Mr. Goldratt
Malcom Mclean
Keith Oliver
WIRTSCHAFTS WOCHE
Inventory Management Focus, Cost Control
1960
1970
1980
1990
MRP II, JIT - Materials Management, Logistics
1960
1970
1980
1990
➢ MRP (Material requirements planning)
➢ OM - Operations Planning
1960
1970
1980
1990
➢ SCM – ERP (Enterprise resource planning) - “Integrated”
1960
1970
1980
1990
Optimized “Value Network” with Real- Time Decision Support; Synchronized & Collaborative Extended Network for SCM.
1970
1980
1990
2000
Predicting quantity and timing of demand
Forecasting
Design
Processing
Inventory
Incorporating customer wants, mfg, and time
Forecasting
Design
Processing
Inventory
Controling quality, scheduling work
Forecasting
Design
Processing
Inventory
Meeting demand while managing inventory costs
Forecasting
Design
Processing
Inventory
Evaluating suppliers and supporting operations
Purchasing
Suppliers
Location
Logistics
Monitoring supplier quality, delivery and relations
Purchasing
Supplier
Location
Logistics
Determining location facility
Purchasing
Suppliers
Locations
Logistics
Deciding how to best move and store materials
Purchasing
Suppliers
Locations
Logistics
It can run both directions, towards upstream and downstream alike
Material Flow
Information Flow
Finance Flow
Commercial Flow
The money flow or the bloodstream of Supply Chain.
Material Flow
Information Flow
Finance Flow
Commercial Flow
The transactional process of buying and selling shifts the material flow’s ownership from the supplier to the buyer repeatedly until the end of supply chain.
Material Flow
Information Flow
Finance Flow
Commercial Flow
When OEM forms its supply network through tiered suppliers and tiered distributor with medium and long term stability
Stable Network
Dynamic Network
When the OEM does not have many of those long term tiered suppliers and customers , but instead uses dynamic and mostly short term suppliers and distributors to achieve high level of operational flexibility and strategic agility .
Stable Network
Dynamic Network
Consists of a company, a supplier, and a customer involved in the upstream and/or downstream flows of products, services, finances, and/or information
Direct Supply Chain
Extended Supply Chain
Ultimate Supply Chain
A store owner who sells a particular brand of hat in her store may not know very much about who originally made the hat, where it was made, how it was transported to the wholesaler's warehouse or what the warehouse is like.
Direct Supply Chain
Extended Supply Chain
Ultimate Supply Chain
includes all the organizations involved in all the upstream and downstream flows of products, services, finances, and information from the ultimate supplier to the ultimate customer.
Direct Supply Chain
Extended Supply Chain
Ultimate Supply Chain
The degree to which a firm owns its upstream suppliers and its downstream buyers.
Vertical Integration
Horizontal Integration
This is when a company owns some of the subsidiaries that produce some of the inputs used in the production of its products.
Example: When and automobile company owns a tire company
Forward Vertical Integration
Balanced Vertical Integration
Backward (Upstream) Vertical Integration
It is also known as proprietary warehousing
Public Warehousing
Bond Warehousing
Private Warehousing
Government Warehousing
Storing goods in a private warehouse do not require payment of rent. Thus, private warehouses do not generate revenue through storage and safekeeping services.
1st statement is true
2nd statement is true
both statements are true
both statements are false
These warehouses are owned, managed and controlled by government as well as private agencies.
Private Warehouse
Public Warehouse
Bonded Warehouse
Government Warehouse
Co-operative Warehouse
The process of coordinating the incoming goods, the subsequent storage and tracking of the goods, and finally, the distribution of the goods to their proper destinations.
(a)
Generally these warehouses are constructed by the farmers near their fields, by wholesalers and retailers near their business centers and by manufacturers near their factories.
Private Warehouse
Bonded Warehouse
Public Warehouse
Cooperative Warehouse
A bonded warehouse is an extension of Bureau of Customs. What customs officer is assigned to our country's bonded warehouses?
(a)
Structure constructed for the protection of the quality and quantity of the product stored.
(a)
Warehouse enables the manufacturers to carry on production continuously without bothering about the storage of raw materials. It helps to provide seasonal raw material without any break, for production of finished goods.
Continuity in production
Regular flow of goods
Useful for small businessmen
Facilitates sale of goods
Customs bonded warehouses has customs officer assigned in each facility. All bonded warehouse are categorized as government owned since there are customs personnel assigned.
1st statement is true
2nd statement is true
Both statements are true
Both statements are false
Focuses on weekly and daily plans with the objectives of coordinating supply chain and logistics resources to ensure that specific customer requests can be satisfied.
Short-term elements
Long-term Elements
Focuses on creating forecast consistency across multiple products and warehouse facilities.
Demand Management
Warehouse Management
Integrates overall movement demand, vehicle availability, and relevant movement cost into a common decision support system that seek to minimize overall freight expense.
DEMAND MANAGEMENT SYSTEM
PRODUCTION PLANNING SYSTEM
LOGISTICS PLANNING
A manufacturing process in which manufacturing starts only after a customer's order is received.
MAKE TO ORDER MANUFACTURING
ASSEMBLE TO ORDER MANUFACTURING
JUST-IN-TIME
The objective is to satisfy the necessary requirements at the minimum total production cost while not violating any constraints.
PRODUCTION PLANNING SYSTEM
INVENTORY DEPLOYMENT
DEMAND MANAGEMENT
This is derived from adding up the forecast, customer Order and Promotions.
PERIOD DEMAND
PERIOD LOGISTICS REQUIREMENTS
Defines what items are needed and when are they needed
STATEMENT OF REQUIREMENTS
STATEMENT OF QUALIFICATION
It typically requires that the basic parts of the product are already manufactured but not yet assembled.
Make-To-Order Manufacturing
Assemble-To-Order Manufacturing
Focuses on annual and quarterly plans with the objective of coordinating the marketing and financial plans to achieve enterprise goals.
LONG-TERM ELEMENTS
SHORT-TERM ELEMENTS
Considered as the information technology component of the Sales and Operations Process to develop unconstrained marketing plan.
DEMAND MANAGEMENT SYSTEM
DEMAND SYSTEM
It is supplying customers with exactly what they want when they want it.
SINGLE MINUTE
EXCHANGE OF
DIES (SMED)
JUST-IN-TIME
KANBAN
Moving material between plants, between work centers, and handling more than once is waste
TRANSPORTATION
MOTION
LOGISTICS
NONE OF THE CHOICES
Result of the TPS are improvements in reliability, flexibility, safety, and efficiency.
Strongly disagree
Disagree
Neutral
Agree
In 5s, this is the that assures lean management gets to be implemented smoothly and efficiently.
5S DIAGRAM
SUSTAINABILITY
This requires time in implementation. SMED considers this portion to share the least effort yet with maximum time allocation.
TECHNICAL IMPROVEMENT
TECHNICAL PROGRESS
TECHNICAL
For many in the automotive sector, kanban is known as the "________________" and as such the term is not used by some other automakers.
TOYOTA AUTOMOTIVE SERVICE
TOYOTA NAMEPLATE SYSTEM
TOYOTA NAMEPLATE SERVICE
Its goal is to move as quickly as possible, make a wide variety of similar products, while making as little waste as possible.
5S
Single Minute Exchange of Dies
Kanban
Cellular Manufacturing
Considers continuous evaluation and exploration of further improvements is absolutely necessary
5S
Single Minute Exchange of Dies
Kanban
Cellular Manufacturing
Method that focuses on the rapid conversion from manufacturing one product to the next
5S
Single Minute Exchange of Dies
KANBAN
Cellular Manufacturing
Strategy for creating a well organized, smoothly flowing manufacturing process
5S Diagram
Single Minute Exchange of Dies
Kanban
Cellular Manufacturing
Easily measured costs such as utilities, labor, materials, taxes
TANGIBLE COST
PLANNING COST
INVENTORY COST
An independent entity that agrees to finish certain number or quantity of goods, materials, equipment, personnel and/or services that meet or exceed stated requirements or specifications at a mutually agreed upon price and within a specified timeframe to the owner.
Supplier
Contractor
Distributor
Manufacturer
Push Process is a process in supply chain wherein it is executed in anticipation of customer orders
The statement is correct
The statement is incorrect
An entity that buys noncompeting products or product lines, warehouses them, and resell them to retailers or direct to the end users or consumer
1
Manufacturer
Distributor
Contractor
Supplier
Supply chain management is the management of the flow of goods.
The statement is correct
The statement is incorrect
As per definition, Supply chain is a group of process. Which among the following does not belong to that process.
Outsource
Deliver
Make
Source
Maersk Line, an international shipping line acquires Fed-Ex Philippines, a freight forwarder based in Intramuros manila offering Import and export bound to US and Europe. This is an example of
Backward Vertical Integration
Forward Vertical Integration
Balanced Vertical Integration
Horizontal Integration
By using a much Bigger supply base, the lean producer can manage to spare more time and other resources to interact with each and every one of the first tier suppliers.
The statement is correct
The statement is incorrect
The following are considered series of cycles under the Cycle View except
Customer Order Cycle
Manufacturing Cycle
Replenishment Cycle
Vendor Management Cycle
A supply chain is formed and can only be formed if there are more than one participating companies.
The statement is correct
The statement is incorrect
An early development trend where SCM evolves from a single company doing all sort of process to outsourcing possible service providers.
From operational to strategic viewpoint.
From single enterprise to extended enterprise.
From transactional to relationship based engagement.
From local to regional, and from regional to global.
Commercial flow happens if there are only 2 companies involved.
The statement is correct
The statement is incorrect
It is defined as the single ownership of consecutive activities along the supply chain.
SUPPLY CHAIN ARCHITECTURE
VERTICAL INTEGRATION
SUPPLY CHAIN CONFIGURATION
Agile supply chain requires higher level of integration between external operational processes, such as sales, forecasting, production planning, sourcing and delivery.
The statement is correct
The statement is incorrect
Which among the following advantages falls under Private Warehousing.
It is the best choice for some of the locations and the products handled because of the non-availability of the public warehousing
Knowledge of exact storage and handling costs are available to end users.
Fixed costs of a warehouse are distributed among many users. Therefore, the overall cost of warehousing per unit works out to a lower figure
Intangible benefits in the form of cost reduction in all the warehouse operations.
Which among the following advantages falls under Private Warehousing.
It has got enough space to handle peak requirements.
There is less likelihood or error in the case of private warehousing since the company’s products are handled by its own employees who are able to identify the products of their own company.
Offers better monitoring systems over the handling and storage of products as required by the management from time to time which would enhance the performance of the warehouse.
It would give Tax advantages for end users.
A Supply Chain Management is a set of approaches used to efficiently integrate the following except _______.
Supplier
Manufacutrer
Distributor
Customers
Holding or preserving goods in huge quantities from the time of their purchase or production till their actual use or sale.
Inventory
Warehousing
Other term for Bullwhip Effect
(a)
A structure constructed for the protection of the quality and quantity of the product stored.
Architecture
Warehouse
Storage room
This is a trend that spurred by the lower cost of labor and materials in many parts of the world.
From operational to strategic viewpoint.
From single enterprise to extended enterprise.
From transactional to relationship based engagement.
From local to regional, and from regional to global.
One of the objectives of Supply Chain Management is satisfying the supplier needs.
The statement is correct
The statement is incorrect
The decision on the supply chain coordination tends to be transactional.
The statement is correct
The statement is incorrect
All manufacturing supply chains have material flows from the raw materials at the end of the supply chain to the finished products at the beggining of the supply chain.
The statement is correct
The statement is incorrect
Used to store imported goods for which import duty is yet to be paid.
Bonded Warehouse
Private Warehouse
Public Warehouse
Cooperative Warehouse
Goods under CPT are considered to be delivered when the goods have been handed over to the first or main carrier, so that the risk transfers to buyer upon handing goods over to that carrier at the place of shipment in the country of Export
The statement is correct
The statement is incorrect
Effective changes can only be achieved if the operational issues are addressed from the supply chain wide strategic viewpoint.
Functional To Operational to strategic
From single enterprise to extended enterprise.
From transactional to relationship based engagement.
From local to regional, and from regional to global.
An intrinsic flow of supply chain that deals with the flow of raw materials being used into the production.
Material Flow
Finance Flow
Information Flow
Commercial Flow
This is generated from the JIT Philosophy of continuous and forced problem solving
LEAN
JIT
TPS
NONE OF THE CHOICES
Vertical Relationship includes those business agreements between firms that have “parallel” or cooperating positions in the logistics process.
The statement is correct
The statement is incorrect
The following are considered objective of Supply Chain Management except
Creating gross value
Building a competitive infrastructure
Leveraging worldwide logistics
Synchronizing supply with demand and measuring performance globally
De Lara International is a freight forwarder specializing in consolidations for nominated shipments bound to Australia. As a consolidator, they are requested to arrange trucking services for pick-up of cargo bound to CFS station for stuffing. Trucking services was never their problem because they also own a trucking company namely De Lara Trucking which makes both company to easily offer each other’s services. This is an example of _________.
Backward Vertical Integration
Forward Vertical Integration
Balanced Vertical Integration
Horizontal Integration
SCM negatively affects inventory levels, cycle time, business processes & customer service.
The statement is correct
The statement is incorrect
5S cannot be considered an end goal.
The statement is correct
The statement is incorrect
Incoterms do not cover ownership or title transfer of the goods.
The statement is correct
The statement is incorrect
One of the reasons why lean is so widely applied and continues to be the most favorable method is that it has a set of practical tools that readily applied in almost all business circumstances.
The statement is correct
The statement is incorrect
Anyone can store his goods in _____on payment of rent.
Private Warehouse
Public Warehouse
Cooperative Warehouse
Bonded Warehouse
Formed between two or more business in which partners cooperated to achieve and share business advancement and profits or losses.
Colaboration
Partnership
They are a set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts for domestic and international trade.
(a)
The type of relationship integration that reflects to " Arm's Length Principle"
Transactional
Collaborative
Strategic
DDP places the maximum obligation on the buyer and minimum obligations on the seller.
The statement is correct
The statement is incorrect
The fundamental reason of existence of Supply Chain is serving the _____________ in the market place.
Ultimate Consumer
Sure Consumer
Consumer
End Consumer
A “pull” organization of the supply chain provides tighter control of inventory costs and the ability to support higher levels of product customization.
The statement is correct
The statement is incorrect
Functions can only make sense if it is perceived from a supply chain process perspective.
Functional To Process Perspective
From single enterprise to extended enterprise.
From transactional to relationship based engagement.
From local to regional, and from regional to global.
Knowing the whole lean manufacturing system was originally evolved from inherited Toyota production system.
The statement is correct
The statement is incorrect
