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Quizzes > Business & Finance

Supply Chain Management Quiz: Test Your Global Operations Skills

Quick, free SCM quiz to check your skills. Instant results.

Editorial: Review CompletedCreated By: Huzaifa Yusuf Bhai Badnagar WalaUpdated Aug 24, 2025
Difficulty: Moderate
Questions: 15
Study OutcomesAdditional Reading
3D voxel art depicting Global Supply Chain Management course

This global supply chain management quiz helps you test core skills in sourcing, operations, logistics, and trade. Work through 15 practical questions to spot gaps and build confidence for class or work. For related practice, try our project management quiz, strengthen your strategy with a business management quiz, or review payables with an accounts payable quiz.

Which term describes the amplification of demand variability upstream in a supply chain due to forecasting and order batching?
Parkinson effect
Pareto effect
Learning curve
Bullwhip effect
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Safety stock is primarily intended to protect against which uncertainty?
Demand and lead time variability
Workforce absenteeism only
Marketing campaign timing
Supplier payment terms
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The Economic Order Quantity (EOQ) model trades off which two main costs?
Transport cost and duty cost
Ordering cost and holding cost
Labor cost and material cost
Packaging cost and inspection cost
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Which forecasting method uses exponentially weighted averages with a single smoothing parameter, giving more weight to recent observations?
Naive forecast
Moving median
Exponential smoothing
Holt-Winters decomposition only
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Which document in a letter of credit transaction evidences that goods have been loaded on board a vessel?
Commercial invoice
Bill of lading
Certificate of origin
Packing list
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Vendor-Managed Inventory (VMI) primarily shifts which responsibility to the supplier?
Ownership transfer at point of sale
Replenishment decisions for the buyer's inventory
Final quality inspection at buyer's dock
International freight consolidation
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Which Incoterm places responsibility for export clearance on the seller and risk transfer at the point the goods are handed over to the first carrier?
FCA
DAP
DDP
EXW
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In Sales and Operations Planning (S&OP), which cross-functional goal is most central?
Maximizing marketing budget utilization
Eliminating all stockouts at any cost
Aligning demand and supply plans to a single consensus plan
Minimizing headcount
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In global trade, what is the primary purpose of the HS code (Harmonized System code)?
Schedule production changeovers
Classify goods for customs, tariffs, and trade statistics
Set minimum product quality standards
Determine warehouse slotting locations
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Which inventory strategy positions decoupling stock between stages to absorb variability?
Buffer inventory
Kitting inventory
Consignment inventory
JIT with zero inventory
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What metric measures how efficiently a company converts investments in inventory and other resources into cash flows from sales?
Supplier on-time delivery
Overall equipment effectiveness
Gross margin
Cash-to-cash cycle time
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Which transportation strategy combines multiple modes under a single contract and bill of lading?
Multimodal transport
Single sourcing
Intermodal with separate contracts
Milk run
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Which Incoterm requires the seller to arrange and pay for carriage and insurance to the named port of destination, with risk transferring at the port of shipment?
DDP
CIF
FOB
CFR
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Which network design approach purposely positions inventory closer to demand to shorten lead times, often at the cost of higher holding expense?
Decentralized distribution
Virtual warehousing
Centralized distribution
Drop-shipping
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Which port logistics fee is charged for using terminal space when containers remain beyond free time at the port?
Demurrage
Detention
Pallet exchange fee
Bunker adjustment factor
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In DDP, the buyer is responsible for import clearance and payment of duties and taxes.
True
False
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Which mitigation method reduces tariff costs by shifting final manufacturing steps to qualify under a trade agreement's rules of origin?
Grey routing
Tariff engineering within legal rules of origin
Misclassification
Undervaluation
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Which optimization balances plant production, warehouse inventory, and transportation to minimize total landed cost under constraints?
Network design modeling
Cycle counting
Gemba walk
ABC classification
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Qualified preferential origin can reduce duties even if the goods are shipped through non-member countries, provided rules of origin are met.
True
False
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A digital twin of the supply chain can simulate disruptions and test mitigation strategies before execution.
True
False
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Study Outcomes

  1. Analyze cross-border procurement strategies to optimize global supply chains.
  2. Evaluate the impact of international transportation and logistics on operational efficiency.
  3. Assess financial and risk management principles within the context of global supply chains.
  4. Apply governance frameworks to manage relationships between international buyers and suppliers.

Global Supply Chain Management Additional Reading

Here are some top-notch academic resources to supercharge your understanding of global supply chain management:

  1. This white paper from the University of Tennessee's Global Supply Chain Institute delves into best practices for designing and managing global supply chains, emphasizing a Total Cost of Ownership approach and introducing the EPIC framework for assessing global supply chain locations.
  2. Edited by John T. Mentzer, Matthew B. Myers, and Theodore P. Stank, this comprehensive handbook provides a deep dive into global supply chain management, covering strategies, functions, and emerging developments in the field.
  3. This paper explores how blockchain technology can enhance global supply chains by improving traceability, digitization, and security, while also discussing challenges and future research directions.
  4. This study reviews the integration of blockchain and digital twin technologies in supply chain management, highlighting benefits, implementation areas, and future research recommendations.
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