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WorksheetsSUPPLY CHAIN MANAGEMENT - Unit 1 & 2
Total questions: 65
Worksheet time: 33mins
Which model emphasizes the quick turnover of a product with a short life cycle?
Flexible Model
Efficient Model
Fast model
Agile Model
Manufacturing management also known as .
production planning
inventory management
operations management
material management
The supply chain concept originated in what discipline?
marketing
operations
logistics
production
What entails working with vendors to supply the raw materials needed throughout the manufacturing process?
Logistics
Sourcing
Production
Supplier
The supply chain management philosophy emerged in which decade?
1960s
1970s
1980s
1990s
A supply chain is essentially a sequence of linked:
customer and prospects
supplier and manufacturer
suppliers and customers
warehousing and wholesaling units
Inspection, scrap, and repair are examples of
internal costs
external costs
costs of dissatisfaction
societal costs
Which of the following is not a type of operations?
Goods production
storage/transportation
entertainment
price reduction
In the customer enters into separate, parallel agreements with different suppliers for different parts of the services to be outsourced.
hybrid approach
single supplier
multi-sourcing
leverage competition.
The main objective of what is to minimize the overall cost of transportation while ensuring timely delivery?
Location Decision
Production decision
Inventory decision
Transportation decision
A what determines the production process, quantity, and quality of products?
warehouses
production decision
transportation decision
manufacturing plants
In supply chain the process in which the supplier sends product in response to orders placed by the buyer
supplier scoring
Procurement design
Design collaboration
Supplier selection
The term is an institutional procurement process that continuously improve and re-evaluates the purchasing activities of a company.
Strategic sourcing
suppliers
vendor
Production
Intermediaries play an important role in matching.
dealer with customer
manufacturer to product
information and promotion
supply and demand
What involves identifying prospective distributors and suppliers and determining their effectiveness and accessibility?
Logistics management
SCM
Product Management
Customer management
The final product is the ultimate goal of the what?
Quality
vendor
manufacturing process
sourcing
The SCM process usually begins with what?
Warehouses
Production
Transportation
Planning
A specifies parameters governing the buyer-supplier relationship.
Supplier Contract
Procurement
Design collaboration
Supplier selection
Proper procurement _________is essential for organizations to ensure they acquire the right resources at the right time, in the right quantity, and at the right price.
Warehouses
Production
Transportation
Planning
The what works best for companies impacted by seasonality?
Flexible Model
Efficient Model
Fast model
Agile Model
what may be further divided into sub-tasks such as assembly, testing, inspection, or packaging.
Quality
vendor
manufacturing process
sourcing
can deal with building design for the movement of materials, or with logistics that deal with the tangible components of a supply chain.
the production plans
Forecasting of materials requirements
Estimating the levels of inventories
Materials management
what primarily include vendors, transport agencies, warehouses, manufacturers, distributors, retailers, and customers?
Financial Flow
Product Flow
Information Flow
Value Flow
In which type of auction, buyers compete to obtain a good or service, and the price typically increases over time.
Ranking
Ordinary
Periodic
Slow
refers to producing the product at a lower cost location near the market.
Near-shoring
On-shoring
Off-shoring
out sourcing
What is a continuous embedded process in which the organization (manufacture of distributor) takes responsibility for the delivery of new products as well as take-back?
production decision
procurement logistics
reverse distribution
inventory decision
Supplier selection uses the output from ____ and assessment to identify the appropriate suppliers.
supplier scoring
Procurement
Design collaboration
Supplier selection
The what model relies on a manufacturer producing the same good over and over and expecting customer demand with little variation?
Financial Flow
Product Flow
Information Flow
Continuous Flow
What deals with the management of product returns, recycling, refurbishing, and disposal?
Information Logistics
Reverse logistics
Procurement logistics
Inventory logistics
What consider various factors such as type of product, demand forecast, manufacturing process, capacity utilisation, and inventory level?
warehouses
production decision
transportation decision
manufacturing plants
Which of the following are the functions of Manufacturing management
production planning
inventory management,
quality control, resource allocation
All of the above
__are sometimes referred to as non-competed contracts.
Supplier Scoring
Direct Negotiations
Design collaboration
Supplier selection
expands the supplier base without increasing the actual number of suppliers.
Multiple sourcing
Single sourcing
Cross sourcing
single and multiple sourcing
Which of the following is not a typical supply chain member?
Retailer
wholesaler
reseller
producer
Macro perspective of logistics involves viewing logistics as a system within the context of the overall what?
Economy, society, and environment
Economy
Society
Environment
Companies manage their supply chains through.
information
transportation modes
competitors
the Internet
Which of the following are not key attributes of supply chain management?
inventory control
leveraging technology
customer power
all are key attributes
Which of the following steps are involved in Sourcing processes?
Supplier scoring and assessment
Supplier selection and contract negotiation
Design collaboration
All of the above
is the process of determining the production capacity needed by an organization to meet changing demands for its products.
Capacity planning
Production decision
Transportation decision
None of the above
involves the components used to make finished goods & coordination and visibility with suppliers
Ranking Suppliers
Supplier assessment
Direct Procurement
Supplier evaluation
is the acquisition of goods or commodities by a company, organization, institution, or person.
ranking suppliers
Supplier assessment
Procurement
Supplier evaluation
Effective and convenient return service reduces what?
product waste
customer service
services
production
also known as sole sourcing.
Multiple sourcing
Single sourcing
Cross sourcing
single and multiple sourcing
refers to producing the product in the market where it is sold, even when it is a high-cost location.
Near-shoring
On-shoring
Off-shoring
out sourcing
Today, a growing number of firms now outsource some or all of their logistics to intermediaries
Competitors
third-party logistics providers
channel members
cross-functional teams
What is the management of the flow of goods and services and includes all processes that transform raw materials into final products?
Logistics management
Supply Chain Management
Product Management
Customer management
Which of the following is an external driver for SCM?
Political
Economical
Demographic
All of the above
What focuses on the acquisition of materials, components, and goods from suppliers?
Information Logistics
Reverse logistics
Procurement logistics
Inventory logistics
The what of logistics refers to a specific aspect or component of logistics that has a broader, high-level impact on supply chains and logistics operations?
macro dimension
micro dimension
inventory decision
transportation decision
What can result in reduced cost, improved quality, and decreased time to market?
Direct procurement
Direct negotiations
Design collaboration
Indirect negotiations
____ means the time gap between order processing and shipment
Supply Chain
Lead Time
Reorder Time
Formulation of Product Policy
Number of warehouses are greatly affected by _______
Transportation Cost
Warehousing Cost
Inventory Cost
All of the above.
Match the following word with the correct definition: OUTSOURCING
including a wide range of services
details of what is expected and needed
contracting functions out to third-party providers
the need for particular goods or services
Choose the correct answer: The direct flow of goods from receipt at warehouse to shipping, bypassing storage.
Order picking
Transshipment
Break-bulk
Cross-docking
Reverse logistics is an activity that ensures _____________.
Productivity
Quick response
Reuse and recycling of products
Quality standards
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 fourth stage of the supply chain management flow is called _________
Warehouse
Retail
Distribution
Consumer
The end processes where a company takes a finished product to the consumer is called __________________
Upstream Flow
Ebb and Flow
Downstream Flow
Go with the Flow
1. The purpose of supply chain management is…………….
Provide customer satisfaction
Improve quality of a product
Integrating supply and demand management
A. Increase production
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
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 an area of responsibility for a logistics manager?
Inventory
Purchasing
Marketing
Transporting
Operation preceding the manufacturing is called as
Inbound logistics
Outbound logistics
Process logistics
none of the above
Operation following the manufacturing is called as
Inbound logistics
Outbound logistics
Process logistics
none of the above
