WorksheetsSupply Chain & Logistics
Total questions: 10
Worksheet time: 7mins
What does logistics involve?
Transportation
Manufacturing
Storage
Acquisition
What is the main goal of production logistics?
the flow of financial products, technology, information, and jobs across national borders and cultures.
increase efficiency, maximizing output while maintaining product quality.
increase jobs, standard of living and literacy rates
advance the welfare of society, and to act as a good global citizen through its policies
What is "steps involved in delivering products from producer to consumer"?
Forward Logistics
Reverse logistics
all activities involved in moving raw materials and finished products into an organization, and moving finished goods out of the organization toward the end consumer.
(a)
What is vertical integration?
outsourcing to another company
Method of expanding a company by acquiring competitors
company owns a significant portions of it, from acquisition of raw materials to retailing
overseeing of information, materials, and finances as the product moves through its supply chain
True or False
Horizontal integration is Method of expanding a company by acquiring competitors
True
False
What is supplier management also referred to as?
ownership
insourcing
procurement
sourcing
Which information management channel is discrete and not integrated?
omnichannel
multichannel
The process of making the supply chain more efficient
(a)
Why do containers have grooves and hooks?
to save money and speed up process of shipping
accommodate specialized unloading and loading devices
easy to transport between countries
Designed to fit on top of each other
