SCM Quiz Questions

Which of the following statements is true? a. supply chain management was invented by the auto manufacturing industry b. strategic partnerships are seen as one of the foundations of supply chain management c. purchasing is seen as the final and most difficult step in the supply chain d. logistics and supply chain management are synonymous

B

successful modern supply chain management typically includes the practice of? a. keeping high inventories throughout the supply chain b. always purchasing materials with the lowest per unit cost c. collaborating and sharing information between supply chain partners d. issuing ultimatums to your supply chain partner

C

Based on following diagram, which selection correctly identifies tier 1 supply chain partners

Supplier A->SupplierB->SupplierC-Manufacturer->Customer C->Customer B->Customer A

Service firms offer intangible products, therefore, they do not have a supply chain

false

SCM starts with understanding the flow

true

Which of the following is not a common of transportation in the supply chain? a. air b. bus c. pipeline d. rail e. truck f. water

B. bus

the goal of SCM is to increase customer service by increasing inventory and reducing costs

false

Which of the following is not one of the four Foundations of SCM? a. logistics management b. operations management c. demand management d. supply management e. integration

C. demand management

The following depicts push business model sell to customer-->create supply plan-->buy materials to produce products-->manufacture products-->deliver product to customer

false, pull business model

it was intense global competition that led manufacturers to adopt SCM and other practices such as Just in Time

true?