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    SCM Test 1

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    Revathy Krishna
    The initial stage of the supply chain process is the planning stage. The term "supply chain management" was first coined by Keith Oliver. After planning, the next step in supply chain management involves sourcing, developing strong relationships with suppliers, and building. Organizations manage their supply chains through information. Supply chain management is the management of the flow of goods and services from raw materials to the end customer. Physical flow involves the transformation, movement, and storage of goods and materials in a supply chain.

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    SCM Test 1

    Uploaded by

    Revathy Krishna
    115 views6 pages
    The initial stage of the supply chain process is the planning stage. The term "supply chain management" was first coined by Keith Oliver. After planning, the next step in supply chain management involves sourcing, developing strong relationships with suppliers, and building. Organizations manage their supply chains through information. Supply chain management is the management of the flow of goods and services from raw materials to the end customer. Physical flow involves the transformation, movement, and storage of goods and materials in a supply chain.

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    SCM

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    The initial stage of the supply chain process is the planning stage. The term "supply chain management" was first coined by Keith Oliver. After planning, the next step in supply chain management involves sourcing, developing strong relationships with suppliers, and building. Organizations manage their supply chains through information. Supply chain management is the management of the flow of goods and services from raw materials to the end customer. Physical flow involves the transformation, movement, and storage of goods and materials in a supply chain.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    115 views6 pages

    SCM Test 1

    Uploaded by

    Revathy Krishna
    The initial stage of the supply chain process is the planning stage. The term "supply chain management" was first coined by Keith Oliver. After planning, the next step in supply chain management involves sourcing, developing strong relationships with suppliers, and building. Organizations manage their supply chains through information. Supply chain management is the management of the flow of goods and services from raw materials to the end customer. Physical flow involves the transformation, movement, and storage of goods and materials in a supply chain.

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    The initial stage of the supply chain process is the _____________.

    A. Sourcing Stage

    B. Organizing Stage

    C. Planning stage

    D. Directing Stage

    The term supply chain management was first coined by ______.


    A. Frankel & Paulraj

    B. Peter Drucker

    C. Keith Oliver

    D. Philip Kotler

    In supply chain management, after planning, the next step involves


    ______________.
    A. Developing

    B. Building a strong relationship with suppliers

    C. Sourcing

    D. All of the above

    View Answer
    In Supply Chain Management, ATP stands for _________.
    A. Acquire Track & Perform

    B. Available To Promise

    C. Active Transport Protocol

    D. Access To Point

    The purpose of supply chain management is to_______.


    A. increase the production level

    B. manage and integrate supply and demand management

    C. enhance the quality of a product and services


    D. provide satisfaction to the customer

    ________is the primary activity of supply chain management.


    A. Demand Management

    B. Supply Planning i.e matching assets with demand

    C. Analytics Workbench

    D. All of the above

    Another important purpose of supply chain management is to


    ___________.
    A. make inventory readily available

    B. delight customers and suppliers

    C. create warehouses at various locations

    D. to promote supply chain process

    ________is mainly deals with all activities associated with the flow
    and transformation and information of goods from the stage of raw
    material to the end user i.e. consumption.
    A. Production Line

    B. Supply Chain

    C. Inventory management

    D. Marketing Channel

    In supply chain management, Inspection, scrap and repair are


    examples of ________.
    A. Societal Costs

    B. External Costs

    C. Costs of dissatisfaction

    D. Internal Costs
    ____________ is a Japanese term meaning continuous improvement.
    A. JIT

    B. Kaizen

    C. TQM

    D. Taguchi Map

    EOQ stands for ____


    A. Electronic Obtained quantity

    B. Electronic Ordered Quantity

    C. Economic Order Quality

    D. Economic Order Quantity

    Organisations or companies manage their supply chains through


    _______.
    A. Transportation modes

    B. The internet

    C. Information

    D. Skilled Operators

    The concept and philosophy of supply chain management evolved or


    emerged in _______
    A. The 1960s

    B. The 1970s

    C. The 1980s

    D. The 1990s

    Full form of MRP in operations and SCM is ___________


    A. Material Return Process

    B. Material Requirement Planning

    C. Machinery Repairing Planning

    D. Material Retention Planning

    The concept of supply chain management originated in


    ________________ discipline.
    A. Production Management

    B. Logistics Management

    C. Marketing Management

    D. Operations Management

    In operations & supply chain management, Kaizen is a Japanese term


    meaning __________.
    A. Change for the better

    B. Continuous Performance

    C. Top-level quality

    D. Use of Kaizala app

    According to Frankel, Bolumole, Eltantawy, Paulraj& Gundlach,


    (2008), these are the four functions identified as foundational –
    operations, logistics, supply management, __________.
    A. Marketing

    B. Production

    C. Materials

    D. Procurement
    Positive long-term relationships between supply chain participants
    refer to ______

    A. Supply chain management

    B. Partnerships

    C. Co-operations

    D. Co-alliances

    Supply chain management is the management of the ____________.


    A. Storage Raw Materials

    B. Flow of goods and services

    C. Fulfillment of order

    D. Satisfaction of customer

    ______ is not a part of flows involved in supply chain management.


    A. Information Flow

    B. Title Flow

    C. Physical Flow

    D. Virtual Flow

    ___________ involve the transformation, movement, and storage of


    goods and materials.
    A. Virtual Flow

    B. Physical Flow

    C. Title Flow

    D. Information Flow
    A supply chain is a sequence of firms that perform activities
    required to ______
    A. to facilitate wholesalers inventory selections

    B. to create synergy in their training programs

    C. to find products that are similar

    D. to create and deliver goods to consumers

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