A system of organizations, people, technology, activities, information and resources Involved in moving a product or service from supplier to customer. A Supply Chain B. Logistics C. Inventory Managerment D.Warehousing

Supply chain key part which focuses on the raw materials supplied to manufacturing, including how, when, and from what location. A. Manufacturing B. Supply C. Distribution D. Network

Supply chain key part which focuses on converting these raw materials into finished products. A.Manufacturing B. Supply C. Distribution D. Network

It focuses on ensuring that the products reach the consumers through an organised network of distributors, warehouses, and retailers. A. Manufacturing B. Supply C. Distribution D. Channel

It refers to how the supply chain should operate in order to compete in the market. The strategy evaluates the benefits and costs relating to the operation. A. Supply Chain Model B. Supply Chain Decision C. Supply Chain Strategy D.Supply Chain Management

One of the supply chain's main flows which includes payment schedules, credit terms, and additional arrangements. A. Product flow B Financial Flow C. Information Flow D. None of the above

One of the activities of supply chain management that is concerning the whole organization, such as the size and location of manufacturing sites, partnerships with suppliers, products to be manufactured and sales markets are taken. Such decisions have a long-lasting effect on the firm. A.Strategic B. Tactical C. Operational D. None of the above

During this phase, the supply chain is structured and configured. It is designed that, how resources will be allocated, and what processes each stage will perform. A.Supply chain planning B. Supply Chain Operation C. Supply Chain Strategy or Design D. None of the above

It consists of all raw materials, work in process, and finished goods within a supply chain. It is maintained in the supply chain because of mismatches between supply and demand. Its increase gives higher responsiveness but results in higher inventory carrying cost. A. Transportation B. Inventory C. Facilities D. Information

10. A supply chain has_____key parts. A.two B. three C.four D. Five

Which of the following statements is false? A. Cycle view clearly defines processes involved and the owners of each process specify the roles and responsibilities of each member and the desired outcome of each process. B. The competitive strategy defines the set of customer needs which a firm seeks to satisfy through its products and services. C.Increasing inventory gives lower responsiveness but results in higher inventory carrying cost D.Supply chain drivers determine the supply chain performance

lt consists of data and results of analysis regarding inventory transportation, facilities, customer orders, customers, and funds. A. Information B.Facility C. Inventory D. Transportation

It is a very complicated issue. It certainly not in an organization's long-term interest to force suppliers fo give unrealistically low prices or they will go out of business and not be there next time they are needed A. Planning B.Procurement C.Pricing D. Sourcing

It is responsible for acquiring all the materials needed by an organization A.Procurement B.Distribution C.Management D. planning

Which among the following does not belong in the ways of setting a price for materials? A. Price lists B. Special quotation C. Negotiation D. Outsourcing

Which of the following is a type of purchases? A. Strategic materials B. Tactical materials C.Technical materials D.None of the above

What are the functions of production? i.Product planning ii.Material planning iii.Equipment planning iv. Process planning A. I only B. I and II C. I,II and IV D. I,II,III and IV

It is the process of combining various inputs, both material and immaterial in order to create output A. Production B. Distribution C. Inventory D. Transportation

It is responsible for the physical movement of materials between points in the supply chain. A.Distribution B.Transport C.Channeling D.Logistics

It describes the type of transport used. A Mode of Transport B. Kind of Transport C. Mode of Delivery D. Kind of Delivery

A mode of transport which is most commonly used for heavy and bulky loads over long land journeys Trains can maintain a consistent, reasonably high speed, and can link with other modes to carry containers and bulk freight. A.Pipeline B.Rail C. Road D. By Air

Rivers and canals (usually called inland waterways), coastal shipping (moving materials from one port to another along the coast) and ocean transport (across the major seas) A.Water Transportation B.Air Transportation C. Pipeline D. Road

The most common mode for international transport because of its low cost. A.Air Transportation B. Water Transportation C.Road D. Rail

Mainly uses oil and gas together with the utilities of water and sewage. They can also be used for a few other types of products such as pulverized coal in oil. A. Air Transportation B. Water Transportation C. Pipeline D. Road

It refers to journeys that involve two or more different modes of transport. A. Interactive Transportation B. Dual Transportation C. Multi-modal Transportation D. Inter-modal Transportation

It focuses on the demand side of the supply-demand equation. The process involves storing and moving goods to the customer or end user. The steps include order fulfillment, packing, shipping, delivery and customer service related to delivery. A Outbound B. Inbound C. Incoming D. Reverse

It is the way materials and other goods are brought into a company. This process includes the steps to order, receive, store, transport and manage incoming supplies. A. Outbound B. Inbound C. Incoming D. Reverse

Supplies of goods and materials that are held by an organization. They are formed whenever the organization's inputs or outputs are not used at the time they become available. A. Supply B.Stocks C.Inventory D. Surplus

28. A list of things held in stock. A. Supply B. Stocks C. Inventory D. Surplus

Predicting customer's future demand for a product or service. A. Warehouse Flow B. Inventory Turn C. Stock rotation D. Demand forcasting

A method of checks and balances by which companies confirm physical inventory counts match their inventory records. A. Cycle Counting B. Warehouse Flow C. Process Auditing D. Stock Rotation

Goods that have finished the process and are waiting to be shipped out to customers A. Raw Materials B. Work-In-Process C.Finished Goods D. Spare parts

The total demand for an item is made up of lots of separate demands that are not related to each other. A. Inventory Management B Independent Demand System C. Demand Management System D. None of the above

The price for an item charged by the supplier, or the cost to the organization of acquiring one unit of the item. A.Unit Cost B. Holding Cost C. Reorder Cost D. Shortage Cost

Any location where stocks of material are held on their journey through supply chains. A. Warehouse B. Retail Store C. Storage room D. None of the above

Which of the following is not a purpose of a warehouse? A. to hold stocks of materials B. Can be used to inspect, sort materials and break bulk. C. Retail store D. Can also be used for finishing products, labeling, packaging, making products' store ready for retailers, doing other aspects of postponement, servicing vendor managed inventories, and so on.

A type of warehouse owned or leased by an organization as part of its own supply chains. A Public Warehouse B.Bonded warehouse C. Private Warehouse D. Distribution Centers

A type of warehouse that use artificial intelligence in their storage and fulfillment process. A.Consolidated warehouse B.Smart Warehouse C. Bonded warehouse D. Private warehouse

used to store items that need to be kept at a specific temperature, mostly perishables A. Consolidated warehouse B.Climate-Controlled warehouse C. Smart warehouse D.Privete warehouse

A warehouse used for maternal handling wherein all materials handling is managed by a central computer A. Manual Warehouse B. Mechanized warehouse C. Smart warehouse D. Automated warehouse

It is the supply chain management process of forecasting demand so that products can be reliably delivered and customers are always satisfied A. Retum Management B.Demand Planning C. Supply Planning D. Dernand Marker

It refers to the supply chain process of retuming products from end users back through the supply chain to either the retailer or manufacturer A. Outbound B. Reverse Logistics C. Return D. Refurbishment

Reconditioning products that are returned prevents organizations and retailers from forfeiting profit (or losing money) on defective products while eliminating unnecessary waste. A. Manufacturing B. Repackaging C. Remanufacturing and refurbishment D. Return management

If products cannot be delivered, they are returned to fulfillment center where they maybe shipped back to the manufacturer, however, it's possible for efficient organizations to manage delivery failure by correcting the issue and re sending . A. Resending B. Returning C. Delivery failure D. Reversing

The fourth stage of reverse logistics. A. Process the return B. Determine the return category C. Execute the repair process D. Move product to reduce waste

Which of the following is not an R of Reverse Logistics? A. Returns B. Recalls C.Recycling D.Reselling

This is the policy against which all customer retums are measured, and it should be followed consistently by both customers and employees alike. It's good practice to keep these policies visible and easily accessible to customers. A Return Policy and Procedure B. Reversing Policy C. Reversing procedures D. None of the above

The process used to manage the return of goods depends on the type of reverse logistics in question as well as the type of business the organization operates and in which industry A. Return Logistics Process B. Outbound Logistics process C.Reverse logistics process D. None of the above.

The second stage of reverse logistics. A. Process the retum B. Determine the return category C.Move product to reduce waste D. Execute the repair process

What is the appropriate sequence of stage of reverse logistics: I.Process the return. II. Determine the return category III. Move product to reduce waste IV. Execute the repair process V. Recycle items that cannot be repaired or resold A. I,II,III,IV,V B. I,III,II,IV, V C. II,III,I,IV,V D. I,III,IV,II,V

A supply chain is a network of retailers, distributors, transporters, storage facilities, and suppliers that participate in the production, delivery and sale of a product to the consumer.

Supply chain management is a set of approaches utilized to efficiently integrate suppliers. manufacturers, warehouses, and stores, so that merchandise is produced and distributed at the right quantities, to the right locations, and at the wrong time, in order to minimize system-wide costs while satisfying service level requirements.

Supply chain management (SCM) is the oversight of materials, information, and finances distributed from supplier to consumer.

Increasing inventory gives lower responsiveness but results in higher inventory carrying cost

A supply chain is the link between a firm or business and its partners