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SCMN02B - Quiz Grp. 2

Total questions: 10

Worksheet time: 5mins

Name
Class
Date
1.

KPI Stands for?

a)

Key Performance Incentives

b)

Key Performance Indicators

c)

Key Partners Industry

d)

Key Partners Incentives

2.

Two aspects that are important to Rate of returns?

a)

Convenient and Retainer fee

b)

Capital and Return of Investment

c)

Category and Return Rate

d)

Control and Relocation fee

3.

This is quite simply how long it takes for your​ team to complete the receiving and putting away​ of a newly delivered purchase order.

a)

Receiving Efficiency

b)

Rate of Return

c)

Picking Accuracy

d)

Order Lead Time

4.

Order Fulfillment starts with a customer placing an order and ends once they receive it. It also manages the ___ transaction as well.

a)

Sales

b)

Purchase

c)

Return

d)

Cash

5.

This is the amount of time between the order placement and the date for the delivery of the product to the shipping location.

a)

Order Lead Time

b)

Back Order Rate

c)

Order Fulfillment

d)

Receiving Efficiency

6.

Which among the following factors does not affect order lead time?

a)

Natural Disasters

b)

Inflation

c)

Inefficient Inventory Management

d)

Shipping Delays

7.

Is the process of allowing your customers to place orders even if you don’t have sufficient stock on hand.

a)

Receiving

b)

Picking Accuracy

c)

Backorder

d)

Order lead time

8.

What is the benefits of Backordering?

a)

Reduced Cost

b)

Less Waste

c)

Increased Product and brand value

d)

All of the above

9.

Tracking and segmenting rate of return properly lets you also analyse_____.

a)

Picking Accuracy

b)

Order Lead Time

c)

Rate of Return

d)

Sales

10.

What are the benefits of increasing the picking accuracy?

a)

Accelerate Profitability

b)

Reduce Errors

c)

Improve Customer Retention

d)

All of the above