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A detailed illustration showing various aspects of supply chain management, including logistics, procurement, and inventory management, with interconnected elements and flow diagrams.

Supply Chain Management Quiz

Test your knowledge of supply chain management concepts with our comprehensive quiz! Designed for both beginners and experts, the quiz covers essential topics such as procurement, logistics, and inventory management.

What you'll learn:

Key components of supply chains
Best practices in logistics
Strategies for effective inventory management

15 Questions4 MinutesCreated by ManagingMaster42

A supply chain can best be described as:

One or two functions working together

Negotiating with suppliers

A network of many individual functions

Choosing the best warehouse strategy

Which of the following is not a key component of supply chain management?

Procurement

Production

Distribution

Marketing

To support the sales forecast, the demand plan defines the needed:

Customer

Inventory and resources

Suppliers

Transportation routes

What is the term used to describe the movement of goods from one location to another within a supply chain?

Transportation

Warehousing

Inventory management

Order fulfillment

What is the name for the software systems that help manage inventory levels and track orders throughout the supply chain?

Enterprise resource planning (ERP)

Customer relationship management (CRM)

Human resources information system (HRIS)

Business intelligence (BI)

What is the term used to describe the practice of holding excess inventory as a buffer against uncertainty in demand or supply?

Safety stock

Reorder point

Economic order quantity (EOQ)

Lead time

What is the name for the process of identifying and selecting suppliers to provide goods and services to an organization?

Sourcing

Negotiation

Contracting

Purchasing

Which task is normally not performed by warehousing personnel?

Unloading incoming items from trucks

Processing inventory within the warehouse

Inspecting incoming items

Paying suppliers

Reduction of inventory is necessary to:

Decrease risks of stock-outs

Decrease competitiveness

Reduce operating costs

Justify additional suppliers

One focus of the manufacturing process is to ensure that:

Delivery trucks are properly routed

Suppliers ship materials on time

Annual forecasts are completed on time

Product quality is achieved

Reverse logistics could be a result of:

Manufacturing products with defects

Choosing an expensive shipper

Poor forecasting

Inadequate staffing

The business of transportation is best defined by which of the following:

Choice of the least expensive mode

Poor forecasting

Partners and facilities separated geographically in a supply chain

The use of planes as the preferred mode

Define the role of customer service with logistics and transportation

Always demand the quickest mode without regard for cost

Customer service does not have a role in logistics and transportation

Use intermodal transportation for most shipments

To get products where they belong, on time

Supply Chain Management can be described as a(n):

Comprehensive approach to the management of the entire flow of individual functions

Method to increase sales and market share

Process to create adversarial relationships with suppliers

Innovative process for choosing carrier modes

Supply Chain Management - Pre-Quiz

Supply Chain Management Quiz

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