is a single company responsible for producing and delivering all goods and services.

a fixed structure that never changes.

involves individuals, Org, technology, activities and resources to make sure goods or services flow along the chain.

is only concerned with the transportation of goods.

the process of managing a company's internal inventory.

solely focused on reducing costs.

only concerned with the transportation of goods from one place to another.

the management of the Supply Chain to reduce costs, improve value, reduce risk and managing customer relationships.

Upstream supply chain activities involve sourcing and procurement of raw materials, while downstream supply chain activities involve distribution and delivery of finished products to customers

Upstream supply chain activities involve the delivery of finished products to customers, while downstream supply chain activities involve sourcing and procurement of raw materials.

Upstream supply chain activities are focused on marketing and sales, while downstream supply chain activities are focused on production and manufacturing.

Upstream supply chain activities only occur within the company, while downstream supply chain activities occur outside the company.

Physical movements are only concerned with the internal movement of goods within a company, while information flow is only concerned with external communication between suppliers and customers

Physical movements involve the exchange of data and communication between different entities in the supply chain, while information flow involves the transportation of goods from suppliers to customers

Physical movements and information flow are unrelated aspects of a supply chain network and do not impact each other

Physical movements involve the transportation of goods from suppliers to customers, while information flow involves the exchange of data and communication between different entities in the supply chain to coordinate activities.

Supply chain tiering is the process of ranking suppliers based on their geographical location

Supply chain tiering refers to the hierarchical arrangement of suppliers in a supply chain, where Tier 1 suppliers directly supply the manufacturer, Tier 2 suppliers supply Tier 1 suppliers, and so on.

Supply chain tiering refers to the process of categorising products based on their importance to the company.

Supply chain tiering involves the division of a company's internal departments based on their roles in the supply chain.

Logistics is the process of marketing and selling products to customers.

Logistics is the process of manufacturing goods and services within a company.

Logistics is solely concerned with the transportation of goods from suppliers to customers.

Logistics is the process of planning, implementing, and controlling the efficient movement and storage of goods, services, and information from the point of origin to the point of consumption to meet customer requirements

Research, Development, Testing, Launch, and Feedback

Planning, Acquisition, Owning, Operating and Disposal

Planning, Design, Construction, Marketing, and Sales.

Procurement, Production, Distribution, Sales, and Customer Service

Added value in a supply chain is created by enhancing a product or service through various activities such as additional features, sustainability, reduced input costs, which increase its worth to the customer.

Added value in a supply chain is created solely by reducing the cost of raw materials

Added value in a supply chain is only achieved through marketing and advertising efforts

Added value in a supply chain is determined by the number of suppliers involved

Value for money in procurement means always choosing the cheapest option available

Value for money in procurement is solely about obtaining the highest quality products, regardless of cost

Value for money in procurement refers to achieving the best possible outcome by considering the balance of cost, quality, and sustainability over the entire lifecycle of the goods or services

Value for money in procurement is achieved by selecting suppliers based on their geographical proximity