The Supply Chain

What is the purpose of a supply chain audit?

• To assess the performance and efficiency of the supply chain.
• To measure customer satisfaction.
• To evaluate marketing campaigns.
• To analyze employee productivity.
• To track financial reports.

What is the primary purpose of warehouse management in supply chains?

• Storing goods until they are needed by customers or production.
• Increasing production rates.
• Focusing on marketing.
• Managing customer feedback.
• Reducing transportation costs.

What is "demand forecasting" in supply chain management?

• Predicting future product demand.
• Creating new products.
• Managing financial budgets.
• Reducing manufacturing costs.
• Increasing product prices.

Which of the following is a common method for managing supply chain disruptions?

• Developing contingency plans.
• Increasing production speed.
• Limiting transportation.
• Reducing customer interactions.
• Minimizing product variety.

Which technology is commonly used in supply chain management to track goods?

• RFID (Radio Frequency Identification).
• Social media marketing.
• Video conferencing tools.
• Cloud storage systems.
• SEO strategies.

What is the purpose of a "bill of materials" (BOM)?

• To list all raw materials needed for production.
• To manage customer payments.
• To track product sales.
• To store shipping information.
• To handle employee payroll.

What is the role of transportation in the supply chain?

• Moving goods between locations efficiently.
• Increasing product prices.
• Developing marketing strategies.
• Handling customer service.
• Managing inventory stock.

What is "supplier relationship management" (SRM)?

• Managing interactions and partnerships with suppliers.
• Handling customer complaints.
• Increasing production rates.
• Advertising new products.
• Designing marketing campaigns.

What is "global sourcing" in supply chains?

• Procuring materials and goods from suppliers around the world.
• Producing goods in one location.
• Focusing on local suppliers.
• Increasing domestic production.
• Selling products only locally.

What is the role of a supply chain manager?

• Overseeing and optimizing the entire supply chain process.
• To focus solely on product development.
• Managing the marketing team.
• Analyzing customer satisfaction data.
• Handling customer complaints.

What does "supply chain resilience" refer to?

• The ability to recover from disruptions in the supply chain.
• Maintaining inventory levels.
• Improving product quality.
• Managing supplier relationships.
• Reducing transportation costs.

What is "inventory turnover" in supply chain management?

• The rate at which inventory is sold and replaced.
• The number of products sold annually.
• The amount of inventory stored.
• The cost of inventory management.
• The time between order placement and product delivery.

What is "outsourcing" in supply chain management?

• Contracting third-party companies to handle certain supply chain activities.
• Producing goods in-house.
• Increasing product prices.
• Selling directly to consumers.
• Managing all inventory internally.

What is the goal of "collaborative supply chain"?

• To foster cooperation between all parties involved in the supply chain.
• To focus solely on cost reduction.
• To limit inventory levels.
• To reduce transportation costs.
• To increase production speed.

What does "Just-in-Time" (JIT) inventory strategy aim for?

• To reduce inventory holding costs by receiving goods only when needed.
• To keep excessive stock on hand.
• To order products in bulk.
• To outsource inventory management.
• To delay product deliveries.

What does "lead time" refer to in supply chains?

• The time taken from ordering materials to receiving products.
• The time taken to market a product.
• The time between customer orders and deliveries.
• The time for customer feedback.
• The time for product design.

Which of the following is a strategy for improving supply chain agility?

• Adapting quickly to changes in demand and supply.
• Limiting product variety.
• Reducing transportation routes.
• Increasing inventory levels.
• Decreasing employee numbers.

What does the term "logistics" refer to in the supply chain?

Which of these is not a role of inventory management in supply chains?

• Creating new product designs.
• Managing stock levels.
• Forecasting demand.
• Reducing stockouts.
• Ensuring product availability.

Which of these strategies helps companies reduce supply chain costs?

• Consolidating shipments.
• Increasing inventory levels.
• Decreasing product variety.
• Outsourcing all production.
• Reducing customer service.

Which of the following is an example of a "supply chain KPI" (Key Performance Indicator)?

• Order fulfillment time.
• Employee retention rate.
• Product design cost.
• Marketing campaign success.
• Customer satisfaction score.

Which of the following is an example of a "supply chain intermediary"?

• A distributor who delivers goods between manufacturers and retailers.
• A customer who buys the final product.
• A supplier of raw materials.
• An employee who handles production.
• A marketer who sells the product.

Which of the following is a key challenge in global supply chains?

• Managing international regulations and tariffs.
• Reducing product quality.
• Limiting transportation.
• Improving local customer service.
• Increasing employee numbers.

What is the first step in the supply chain process?

• Sourcing raw materials.
• Marketing products.
• Delivering goods to customers.
• Managing inventory.
• Advertising new products.

What does "reverse logistics" refer to in supply chains?

• The process of returning products to the manufacturer for recycling or disposal.
• Shipping products to retail stores.
• Expanding product range.
• Delivering raw materials to production.
• Shipping finished goods to customers.

What is "cross-docking" in supply chains?

• Transferring products directly from inbound to outbound transportation without storing them.
• Increasing inventory levels.
• Shipping goods without packaging.
• Handling customer returns.
• Manufacturing products in-house.

Which factor impacts supply chain efficiency?

• Effective communication between all stakeholders.
• Increasing product variety.
• Decreasing transportation.
• Limiting product quality checks.
• Focusing only on cost-cutting measures.

What is the primary goal of a supply chain?

• To deliver products to customers in the most efficient manner.
• To increase product prices.
• To reduce production speed.
• To focus on marketing strategies.
• To improve advertising campaigns.

What does "supply chain transparency" involve?

• Providing visibility into the entire supply chain process.
• Increasing product prices.
• Minimizing employee turnover.
• Limiting transportation routes.
• Reducing customer service interactions.

What does "capacity planning" refer to in supply chain management?

• Determining the production capacity needed to meet demand.
• Designing new products.
• Managing customer orders.
• Increasing inventory levels.
• Reducing product variety.

Which of the following is a key supply chain risk?

• Supply disruptions due to natural disasters.
• Low product quality.
• High employee turnover.
• Decreased demand.
• Increased advertising.

What is a "supply chain network"?

• A system of interconnected organizations involved in the production and delivery of goods.
• A marketing network for products.
• A customer feedback system.
• A product development group.
• A team of employees working in one company.

What is the impact of "supply chain disruptions"?

• Delays in product delivery and increased operational costs.
• Improved customer satisfaction.
• Reduced marketing expenses.
• Increased employee productivity.
• Faster production rates.

Which of the following is not a benefit of an efficient supply chain?

• Increased product prices.
• Reduced lead time.
• Improved customer satisfaction.
• Cost savings.
• Faster product delivery.

Which of the following best describes a "third-party logistics" (3PL) provider?

• A company that provides outsourced logistics services.
• A company that manufactures products.
• A company that sells directly to consumers.
• A retailer that operates online.
• A supplier of raw materials.

Which of the following is a component of the supply chain?

• Manufacturing.
• Marketing.
• Sales.
• Finance.
• Customer service.

What is a key feature of "Lean supply chain management"?

• Eliminating waste and inefficiencies.
• Increasing production rates.
• Reducing supplier involvement.
• Focusing only on cost-cutting measures.
• Increasing product variety.

What is the goal of demand-driven supply chains?

• To align production and delivery with actual consumer demand.
• To increase production capacity.
• To reduce marketing costs.
• To expand global reach.
• To stockpile products.

What is a "supply chain bottleneck"?

• A point where the flow of goods is slowed or halted.
• An increase in production speed.
• A surplus of inventory.
• An improved supplier relationship.
• An optimized logistics route.

What is the role of technology in modern supply chains?

• To streamline processes and enhance communication.
• To limit product variety.
• To increase product prices.
• To reduce inventory holding.
• To outsource all operations.

Which of the following is an essential skill for a supply chain professional?

• Strong problem-solving and analytical abilities.
• Expertise in graphic design.
• Knowledge of social media strategies.
• Experience in customer service.
• Skills in financial accounting.

Which of the following is a major objective of supply chain sustainability?

• Reducing environmental impact through sustainable practices.
• Increasing product prices.
• Focusing only on customer satisfaction.
• Maximizing employee productivity.
• Improving product packaging.

What does "supply chain management" focus on?

• The integration of key business processes.
• Only the delivery of products.
• Minimizing advertising costs.
• Increasing production rates.
• Maximizing product prices.

Which of the following is a direct impact of supply chain inefficiency?

• Increased operational costs.
• Improved product quality.
• Reduced customer complaints.
• Faster product development.
• Increased employee satisfaction.