INSTURCTION
Try answering ALL questions and click on SHOW ANSWERS at the bottom of the page to see the suggested answers. All the best!!
1. The cross-functional approach that efficiently manages business activities and integrates various players in the entire supply chain is known as..
2. The term supply management is broader than the purchasing function because it includes
3. The logistics network that consists of suppliers, manufacturing centres, warehouses, distribution centres, retail outlets, customers as well as raw materials, work-in-process inventory and finished products that flow between the facilities is referred to as
4. What is the sequence of a typical manufacturing supply chain?
5. The main purpose of supply chain management is to
6. Logistics is the part of a supply chain involved with the forward and reverse flow of
7. What is the sequence of the five levels of supply chain evolution according to Wisner et. al. (2008)?
8. The demand distortion that travels upstream in the supply chain from the retailer through to the wholesaler and manufacturer due to the variance of orders which may be larger than that of sales is called
9. The major decision areas in supply chain management are
10. Which of the following is not a party involved in the strategic planning?
11. The logistics activity that deals with storing materials and keeping them in good condition with proper packaging is known as..
12. The distinctive value-creating skills, capabilities, and resources which add value for the customer and are scares and difficult for competitors to imitate, and are flexible for future needs are termed as
13. All but one of the following is among the Ohmae's Three C's
14. The worth of a product or service, which may be measures in two ways; the cost and customers willingness to pay for the cost of the item is termed
15. According to porter's generic strategic for competitive advantage which of the following is not part of his identified three generic strategies ...... strategy.
16. The three categories of supply chain relationship feature all but one of the following
17. The process, where purchasing and procuring activities are conducted via the internet and is also known as "buy side" platform of the business supply chain.
18. The material that moves from suppliers to an organisation's receiving area is called inward transport.
19. Supply chain management is a narrow concept than logistics management.
20. In a logistics activity in supply chain, the flow of information is also associated with the flow of materials.
