Multiple choice questions on logistics and supply chain management. form- repackaging, refurbishing.

Coordinating flows and operating flows. From understanding the principles of lean logistics to mastering the use of technology in supply chain management, our MCQs provide a comprehensive exploration of all Question: Which of the following is not a key supply chain trend and challenge that will be faced by logistics and supply chain management professionals in the future? Multiple Choice Understanding end-to-end supply chain management Risk mitigation and sustainability Improving transportation access Understanding the security, regulatory, and Study with Quizlet and memorize flashcards containing terms like Logistics includes all of these except: A. A supply chain is a sequence of firms that perform activities required: câu hỏi trắc nghiệm môn Quản trị Logistics logistic supply and chain management multiple choice questions: production control and physical distribution are the. Logistics and Supply Chain Management quiz for University students. the supply chain uses outsourcing Download 16 MCQs with Answers | Logistics and Supply Chain Management | LSCM 3960 and more Quizzes Introduction to Business Management in PDF only on Docsity! Question 1 1. Study with Quizlet and memorize flashcards containing terms like ________ is a set of activities and techniques firms employ to efficiently and effectively manage the flow of merchandise from the vendors to the retailer's customers. The questions cover topics like definitions of logistics management, components of supply chain management systems, types of warehouses, how inventory and order processing costs change with factors like customer service levels and order quantities. txt) or read online for free. from storage to packing/shipping. Seven Rights of Logistics. the movement of materials within a production facility. Logistics includes all of these except: A. Answer: c. Don’t leave sharp tools or cutters perching out. For each firm involved, the supply chain rela-tionship reflects a strategic choice. A/An _____ supply chain has flexibility to respond to unpredictable changes or circumstances. SCM According to the Council of Supply Chain Management Professionals . - According to the manufacturing definition of quality, it is the degree of excellence at an acceptable price and control of Nov 21, 2023 · The Council of Supply Chain Management Professionals defines logistics as that part of the supply chain process that plans, implements and controls the efficient, effective flow and storage of The document contains a quiz on supply chain management concepts with multiple choice questions and answers. The questions cover topics such as the responsibilities of a logistics manager, components of distribution requirement planning, definitions of terms like lead time and perfect order, modes of transportation, inventory analysis techniques like ABC analysis, and the steps in market logistics Expanding the scope of strategic fit improves supply chain performance. S. Distributors and retailers often rely on storage warehouses. -Amazon leverages supply chain functionality to lead in ecommerce sales-1995. services c. Some key points covered include: - Supply chains are managed through information and the concept emerged in the 1980s. MULTIPLE CHOICE QUESTIONS Logistics and Supply Chain Management Part: II MCQ bank. -Last mile delivery is our reality. Print Worksheet. Take a Test Download as PDF. possession; time [LO 1: To discuss the economic impacts of logistics; Moderate; Application; AACSB Category 3: Analytical thinking] 9 Multiple choice questions. reflects the ability of firm to exploit market. An IATA-Embry Riddle Certificate in Supply Chain Management will be awarded to participants who successfully complete all 6 courses. Choice of a supply chain should reflect customer needs C. possession- creating desire, marketing. time; place b. AI best MCQs in supply chain best practices SCM exams supply chain management. The use of the concepts of purchasing, procurement, supply, and supply chain management will vary from organization to organization depending on: Multiple Choice the organization's stage of development and/or sophistication. increase production. Report loose flooring or tripping hazards. a loss of supply chain coordination. Some key points addressed are: - The goal of total quality management is zero defects, which is not readily achievable in all areas. Firms focus on supply chain management to achieve a competitive advantage by ______. The initial stage of the supply chain process is the _____. Supply chain Management b. 4. Study with Quizlet and memorize flashcards containing terms like Strategies to address supply chain risks include: (I) risk avoidance (II) risk reduction (III) risk projection (IV) risk sharing a) I, II, and IV only b) II and III Operations Management questions and answers. goods b. Hide answers. a) provide customer satisfaction b) improve quality of a product c) Integrating supply and demand management d) increase production 2 is the part of supply chain involved with the forward and reverse flow of a) goods b) services c) cash d) all of the above 1. Answer: D) Reducing lead times. provide customer satisfaction. cash d. supply management. economic order quantity ANSWER: B. the organization's stage of development and/or sophistication, the industry in which they Each multiple-choice question is meticulously crafted to challenge your understanding and stimulate critical thinking about the intricacies of managing logistics effectively. Operations management focuses on tangibles goods, supply chain management focuses on services. Supply chains: From linear to network. Question 1. Increase profits. all of the above (Ans:d) International Business Santanu June 3, 2016 @ 7:31 pm REPLY Please send me multiple choice questions on logistics management, supply chain management, transportation management, marketing management, operations management in my e-mail roop June 6, 2016 @ 11:44 am REPLY hi am appearing for container corporation of india(Sr asst C&O) can u plz Study with Quizlet and memorize flashcards containing terms like Domestic logistics focuses on performing movement and storage activities to support supply chain ___ in a relatively stable and consistent environment. Planning stage D. A characteristic of the durables supply chain is: Identify the key term related to purchasing goods and services to fulfill supply chain requirements from the list of options. The ore is transported to a plant, where it’s turned into steel, which is made into the chassis of the automobile. Multiple Choice Questions (correct answers are bolded) Logistics clearly contributes to _____ and _____ utility. The costs of inventory at various levels and cost of logistics form the total cost of ___. The upstream supply chain is: a. Coordination and collaboration with channel partners d. What is low on productivity and high on value advantage a)service. Dispose of trash immediately in proper containers. CSCMP definition of supply chain management. Y. Logistics Management d. incoming shipments of goods or materials. Supply chain networks: need a network system that is capable & flexible to respond & change with the dynamics of the marketplace. form; time c. -Supply chain efficiency becomes a competitive advantage• E-Comm, Technology supported the buying and selling of goods on a massive scale. pdf), Text File (. It encompasses everything from procurement and transportation to warehousing, inventory management, and customer satisfaction. Speed within the supply chain is the top consideration for Understanding the impact of incentives on the actions of a supply chain partner is especially important when a. minimize operational expenditures while meeting customer service goals. Choice of supply chains minimize all costs B. 6. All of 21 Multiple choice questions. both the first and third answer above. Transportation and logistics optimization. A supply chain _____ is a management philosophy that guides the actions of a company towards actively managing the supply chain lated. Inbound logistics. The purpose of supply chain management is. Dec 20, 2023 · Here are 25+ multiple-choice questions on supply chain management along with answers and explanations: Supply Chain Management MCQ 1 To 5. ( Multiple Choice) The sustainability metric that measures the carbon dioxide emitted by manufacturing or logistics processes is known as: Question 2. physical supply. , production control and physical distribution are the three major. There are 48 questions testing knowledge on various logistics and supply chain concepts and terms related to areas like materials management, transportation, warehousing, inventory management, distribution, and customer service. The bullwhip effect causes: Click the card to flip 👆. capacity managementoutsourcingsupply chain managementinventory control. CTL. b. False. The Supply Chain Management MCQ: In smaller companies, the pricing strategies are handled by; with Answers for online bachelor's degree in business. In this article, we'll share 20 supply chain management interview questions with sample answers. a sequence of firms that perform activities required to create and deliver a product or service to Which of the following is NOT a part of supply chain management? Multiple Choice checkling Outsourcing Inventory insourcing 9 Transformation Process At the heart of operation management is the transformation process through which is suces such as labor money. Logistics is the process of planning, implementing, and controlling procedures for the efficient transportation and storage of goods and services for the purpose of conforming to the customers requirements. Specific supply objectives include _______ quantity, delivery, ______ service, flexibility, and continuous improvement. - Distribution centers. To reduce inventory management costs, many companies use a system called , which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation. simplify the process of supply chain management. Managers must often make trade-offs between efficiency and responsiveness of their supply chains D. SC1x - Supply Chain and Logistics Fundamentals Lesson: Introduction to Supply Chains Logistics vs. , The activities that supply chain managers are involved with planning and coordinating are all of the following except which?, All of the following are current trends in supply chain management EXCEPT ____. It encompasses both inbound logistics (how materials and supplies are brought into a business) and outbound logistics (how the business’ resulting products get to retailers and consumers a) 19. supply chain. Pathway to Further Success: This free course serves as a great introduction to our educational May 7, 2019 · To gain a better understanding of supply chain management, take this 13-question quiz and ensure you have a firm grasp of the key terms and processes it encompasses. 20. goods. You will also be awarded the IATA Air Cargo Professional Designation (ACP). Supply chain management is another name for integrated logistics management. Your solution’s ready to go! Apr 14, 2022 · Global logistics and Supply Chain Management MCQs with Answer. Supply chain logistics refers to the management of the production, transportation and distribution of goods throughout a business’ overall supply chain. quantity- right amount, break bulk and assort. MULTIPLE CHOICE QUESTIONS. Learn. 1. What is the purchasing of goods and services to meet the needs of the supply chain? Multiple Choice materials management logistics procurement bullwhip effect. True. improve quality of a product. asset idle time has increased. 112 Multiple choice questions. an important aspect of supply chain management is flow management. reduction b. Answer: Distribution network. Select all the examples of facilities from the list below. increase production (Ans:c) Logistics is the part of a supply chain involved with the forward and reverse flow of a. ! Logistics management is that part of supply chain management that plans, implements, and controls the efficient, effective forward and reverse Study with Quizlet and memorize flashcards containing terms like 55. service quality. (True/False) Answer: True. quality, price. 21. Which of the following are true about supply chains? (Multiple Answers) A. supply chain management is:to reduce. Best 20 MCQs with Answers for Job Seekers in M&E. supplier purchaser logistics service provider insurance firm Supply chain mapping means …. 25 points An inbound-to-operations logistics system is also referred to as Selected Answer: c. 3 of 52. the organization's competitive position. - Warehouses. It also covers topics such as the typical sequence in a manufacturing supply chain, the purpose of supply chain management, definitions of logistics, the bullwhip effect, vendor managed inventory (VMI 5. Which of the following is not a goal of supply chain management? A. Answer: b. - Supply chain management involves the flow of goods and services between Mar 21, 2023 · b. there are two or more members in the supply chain b. ( Multiple Choice) Study with Quizlet and memorize flashcards containing terms like Economic profit is influenced by ______. integrating supply and demand management d. fewer suppliers and long-term relationship B. Term. M Sem- 5. 60k. a) provide customer satisfaction b) improve quality of a product c) Integrating supply and demand management d) increase production 2 is the part of supply chain involved with the forward and reverse flow of a) goods b) services c) cash d) all of the above The document contains a multiple choice quiz on logistics supply chain management. Supply Chain and Logistics Strategy Take Test. ~The chain of suppliers contracted by an organization, including first, second and third tier suppliers, to provide inputs for production. What is the primary objective of supply chain management? a) Maximizing Profit . the practice of organizing the cost-effective flow of raw materials, in-process inventory, finished goods, and related information from point of origin to point of consumption to satisfy customer requirements. Which is not a part of the 3Cs of logistics a)Competitor b)Cost c)Company. Store and Inventory Manager Take Test. customer satisfaction. Sourcing Stage B. defines, recommends, and sets flexible supply chain strategies based on an organization's operations and resources. distortion of demand information within the supply chain. c. achieve competitive advantage. , Which of the following does uncertainty result from?, Which of the following strategy characterizes firms that operate in multiple nations implying that they have operations in 38 Multiple choice questions. , strong arguments arise only supporting the conferences. to reduce costs of n. Ans. Examine cost/ revenue trade offs. d) Market Share. inventory management c. pdf - Free download as PDF File (. Warehouse Manager Take Test. Put items in their assigned places. Air. Achieve competitive advantage. ypical aim of the push approach. B. Planning Stage The term supply chain management was first coined by _____. the industry in which they operate. on-time deliveries D. Supply chain management is the orchestration between these networks comprising procurement, management and storage of raw materials and manufacturing, as well as the moving, delivery, and storing of finished goods and after-market services to create maximum efficiency, lower cost and net value. 1 of 38. The downstream supply chain is: a. , T/F Every business organization is a part of at least one supply chain, ________ has Apr 19, 2024 · Logistics Management MCQs extensively cover the critical aspects of supply chain and logistics management, including inventory control, transportation, warehousing, and distribution, procurement, and supply chain strategy. The contracting of logistics or other supply chain tasks to independent companies outside of the firm is referred to as Blank______. integrating supply and demand management. Answer: A logistics a) safety stock. supply chain optimization. 3. Logistics can be a source of competitive advantage if they are executed effectively. Take automobiles, for example. While there is overlap between operations management and supply chain management, the two are different in that: A. both the first and third answer. Supply chains make use of various forms of facilities. - Selection from Logistics Management, 2nd Edition [Book] Mar 9, 2015 · The purpose of supply chain management is. d) decreased cycle times. C. Find other quizzes for Education and more on Quizizz for free! 11. from one work center to the next. These questions represent 3% of the overall subject blueprint, offering a snapshot of the wider course material. Study with Quizlet and memorize flashcards containing terms like Select the best definition of supply chain. what are the three types of flow? goods/services flow, information flow, financial flow. how does logistics create value. Jul 8, 2024 · Study with Quizlet and memorize flashcards containing terms like Logistics includes which types of movements of goods, services, and related information?, What does supply chain visibility require for management to highlight the need regarding the flow to minimize or prevent potential problems?, What does supply chain design not consider in regards to demand? and more. There were arguments both supporting and opposing the conference. which is not a part of logistics performance cycle a)procurement. 0 (1 review) Select the best definition of supply chain. The questions cover topics such as the components of the logistics operations, roles Study with Quizlet and memorize flashcards containing terms like Supply chain management includes the _____ of all activities involved in sourcing, procurement, conversion, and logistics for goods and services. c) Customer Satisfaction . , Supply chain management attempts to minimize costs and optimize _____. Just-in-time (JIT) is a strategy primarily focused on ___. E. Why are companies looking to have a green and sustainable supply chain? For sustainability for future generations. 10 Multiple choice questions. sts of distribution. Materials Management MULTIPLE CHOICE QUESTIONS. me and energy) are converted into outputs foods, services, and ideas) Match the statements about two comes Oak Furniture and Air Travel Suppliers and supply function are vital to. Upon successful completion of the Certificate program, you must request your certificate via email from training@erau. time- when needed. the movement of materials within a production Question: Which statement is true of logistics?Multiple ChoiceLogistics can be regarded as supply-chain management itself. Lose sight of quality over quantity. use ABC analysis for customers and products. d)Customer. Having a differential Advantage. Inventory deployments: The bullwhip effect is an exaggeration in the supply chain that occurs when suppliers up the supply chain order more goods based on forecasted consumer demand rather than actual consumer demand. Multiple choice question. Test your knowledge in supply chain management with these 20 best multiple choice questions (MCQs) and their corresponding answers. Exclude potential suppliers. D. . Answer: A. Explanation: Supply chain management aims to enhance customer satisfaction (decreasing customer satisfaction) by improving processes and delivering products efficiently. Answer: C) Decreasing customer satisfaction. Download Supply Chain Management Multiple Choice Questions and and more Logistics Study notes in PDF only on Docsity! MCQ for 206OSCM Supply chain management Supply Chain Management Multiple Choice Questions and Answers. Jun 1, 2024 · Don’t block fire exits, sprinklers or fire extinguishers. c) to increase cycle time. The logistical component of logistics mission. Logistics Management Multiple Choice Questions With Answers. to enhance product an. May 26, 2024 · D. Definition. How to enhance product and service quality. Take Vskills Practice test on Logistics and SCM with MCQ on international logistics, purchase management, warehouse management, inventory Supply Chain Management Multiple Choice Questions (MCQ Quiz): Supply Chain Management MCQ with Answers PDF, download Principles of Marketing App & e-Book for online marketing degree programs. 3 of 10 A high-quality logistics system offers high levels of inventory This document contains a logistics management multiple choice quiz with 12 questions and answers. utility- economic term used to describe perceived value. One choice for an organization's vertical in. Outbound logistics. 1 of 3 Sets. Mar 10, 2023 · Supply chain management roles can range from sourcing to logistics to product development. LOGISTIC SUPPLY AND CHAIN MANAGEMENT MULTIPLE CHOICE QUESTIONS: 1. more than two firms are competing for the same poll of customers d. b) high inventory costs. Horizontally, the scope of strategic fit is considered across different supply chain stages, starting from suppliers and moving all the way along the chain to the customer. reflect the vision of top management. from the last operation to final storage. agile or responsive. A supply chain is a sequence of firms that perform activities required: Logistic logistic supply and chain management multiple choice questions: production control and physical distribution are the three major operations of. Supply of goods. customer selection. Correct b, asset utilization c, expenses d, revenue, Geographic postponement is characterized by ______. Examining how goods get to where they need to be, this quiz and corresponding worksheet will help you gauge your knowledge of logistics in supply chain management. Shipping and Logistics Management Take Test. Our quizzes will delve into various aspects of this dynamic field How to enhance product and service quality. A supply chain which includes the distribution of finished product and service? A. total time in the system has increased D. (Involves "rights": the right product, right way, right quantity, right quality, right place, right time Supply chain management includes the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Fourth-party logistics (4PL) A company will select a ______________ (referred to as a 4PL) that is then charged with managing the activities of all the other 3PL's being used by the company. the distribution of products or delivery of services to customers. above. outgoing shipments of goods or materials. form- repackaging, refurbishing. involved with procurement of material from suppliers. connect to transportation exchanges to assess carrier availability and pricing. Pipeline. Supply Chain Management Final Exam: Multiple Choice. and more. MULTIPLE CHOICE QUESTIONS LOGISTICS &SUPPLY CHAIN MANAGEMENT Q1. Supply Chain Management Questions Take Test. SCM (Supply Chain Management) Encompasses the planning and management of all activities involved in sourcing and procurement, conversion, and all logistics management activities. Vessel owners pooled or shared their profits based on ___ agreement. Keep cord and wires off the floor. It also includes: a. It tests understanding of key concepts like the flow of materials, information, and cash through a supply chain. Before a consumer buys a car, iron ore is extracted from the earth. a, timely manufacturing b, timely delivery c, timely commitment to design d, None of these answers. 12 Multiple choice questions. an organization's success. (Ans:c) Logistics is the part of a supply chain involved with the forward and reverse flow of. edu. Logistics, although important, cannot add value to products moving through the supply chain. b) to decrease inventory cycles. CHAPTER 1: AN OVERVIEW OF LOGISTICS. Inventory Optimization. different stages of the supply chain to have a very different estimate of what demand looks like. Click the card to flip 👆. A supply chain is a sequence of firms that perform activities required: multiple choice questions logistic supply and chain management multiple choice questions: production control and physical distribution are the three major. Materials Management c. Transportation. a) to reduce uncertainty along the supply chain. 47. ( Multiple Choice) Employee satisfaction and reduced risk are examples of _______ payoffs of sustainable SCM: Question 3. Correct, Firms that work with key supply The document contains multiple choice questions about operations management, quality management, and supply chain management concepts. refers to the value-added services offered. a. pment. exclusively inside an organization. Right product, right customer, right time, right condition, right quantity, right place, right cost. b)commodity leader c)cost leader d)cost and service leader. place; form d. d. The purpose of supply chain management is a. b)inventory. operations of logistics. b) buffer stock. Here are Logistics (Supply Chain Management) interview questions and This document contains 10 multiple choice questions about supply chain management. However, supply chain and logistics are significantly different aspects of contempo-rary management. c) loss of revenues. Multiple Choice a, All of these answers. egration strategy re. Supply chain management consists of multiple firms collaborating to leverage strategic positioning and to improve operating efficiency. lead logistics partner. ANSWER: D125. Which of the following integrates the functions of operations management, logistics management, supply management, and marketing channel management so that products are produced and distributed in the right quantities, to the right locations, and at the right times?-physical distribution -channel integration -multichannel distribution -supply-chain management -3rd party logistics Worksheet. Organizational success relies considerably on effective purchasing and. During the interview, demonstrate your leadership skills, supply chain software knowledge and experience working with suppliers. management c)manufacturing d)distribution. competitive advantage. This document contains 48 multiple choice questions about logistics and supply chain management. In U. Logistics and Supply Chain Management T. ANSWER: B. supply chain management d. . The scope of strategic fit can be represented on a two-dimensional grid. 2. small lot sizes C. d) to improve customer service. Study with Quizlet and memorize flashcards containing terms like ____________ is that part of supply chain management that plans Multiple Choice. - Factories. 5. Logistics have the least impact on the four Ps of the marketing mix Annexure C Multiple Choice Questions Quiz 1 The ownership of inventory in the VMI (vendor-managed inventory) system lies with___. develop lower cost suppliers. - Material requirement planning (MRP) and logistics management were foundational concepts. the third part9s actions are not fully observable c. returned goods processing. evel. Selling and marketing products c. 25 out of 1. Personal Management. b) Minimizing Costs . Jun 27, 2024 · Supply Chain Management - SCM: Supply chain management (SCM) is the active streamlining of a business' supply-side activities to maximize customer value and gain a competitive advantage in the Focused Learning: Each subject within the course includes 10 multiple-choice questions, providing a focused exploration of key topics. provide customer satisfaction b. , The goal of integrated logistics is to: A. (True/False) Ans. Answer: c) Customer Satisfaction Supply Chain Management Multiple Choice Questions. c) finished stock. When it comes to supply chain management, there's one goal in mind: getting the right product to the consumer in the most efficient and cost-effective way possible. 16. from shipping to outgoing vehicles. - Retail outlets. Organizing Stage C. Human resources and job design b. B. minimize transportation costs in a supply chain. Companies manage their supply chains through. , Supply chain management focuses on coordination and Jul 8, 2024 · Study with Quizlet and memorize flashcards containing terms like What type of information system is in conjunction with the supply chain planning system in seeking to integrate information and coordinate overall logistics and supply chain decisions, while recognizing the dynamics between other firm functions and processes?, What does supply chain visibility require for management to highlight Jul 2, 2024 · logistics management. What is the best definition of supply chain Jul 8, 2024 · 3. Aug 14, 2023 · Logistics, in the context of business, plays a crucial role in ensuring the smooth flow of goods, services, and information from point A to point B. -Search became #1 way to look for product options. improve quality of a product c. Provides visibility across inventory levels throughout the entire supply chain—holistically. May 26, 2024 · Supply Chain Management Multiple Choice Questions. a) safety stock. Rail. place- exactly where needed. Importantly, it also includes coordination and collaboration with channel partners, which can be suppliers, intermediaries, third party service providers, and customers. efficiency- measure of how well resources are used. ~The sequence of organizations—their facilities, functions, and activities—that are involved in producing and delivering a product or service. deal with basic services required for delivering of goods. conduct a customer service audit. Which of the following is not a problem along the supply chain? a) poor customer service. procurement Explanation: Procurement is purchasing …. Directing Stage Ans: C. from storage to point of use. inventory- stock of goods. Operations management focuses on production, supply chain management focuses on supply and logistics. A. Aug 17, 2022 · A supply chain is made up of interconnected parts of a whole, all of which add up to finished products bought by customers. For advertising for potential customers. d) none of these answer choices is correct. delivery often to the place of use, 56. lowest possible transportation costs E. 210+ Logistic Supply and Chain Management Solved MCQs. Scribd is the world's largest social reading and publishing site. Supply chain management attempts to optimize customer satisfaction while logistics management attempts to optimize customer service. ‣ Consumer direct fulfillment ‣ Supply chain management ‣ Reverse logistics ‣ Backhaul ‣ Vendor-managed inventory, A ________ occurs when an SKU that a View Notes - MULTIPLE CHOICE QUESTIONS logistics-1 from MANAGEMENT 09 at Dr D Y Patil Institute of Management Studies. aj qh rf jl oq jx nu va nv uq