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Prepares individuals to assist in the operating room, utilizing knowledge of procedures, sterilization techniques, and patient care to ensure safe surgeries.
The just in time philosophy was developed at which automaker?
It provides links and better ways for different supply chain organizations to work together.
Which of these are ENTITIES in a supply chain?
The word logistics is derived from the
Is the sharing of events, transactions and data between business processes, typically in real time
By carefully analyzing material flows, the materials management can save the organization significant amount of _______________.
Which of the following automates the different steps and stages of the supply chain?
What is the ability to view all areas up and down the supply chain?
What is it called when distorted product demand information passes from one entity to the next throughout the supply chain?
What is the example of supply chain value added services at seaport?
A successful TQM program incorporates all of the following except
A person or company that provides repair and maintenance is known as a(n):
In this stage, defective or damaged goods are returned to the supplier by the customer. Here, the companies need to deal with customer queries and respond to their complaints etc.
Waste elimination should be an important part of an effective supply chain integration.
"Ultimately it is the customer who pays the price for service delivered that confirms the value and not the producer who simply adds cost until that point."Who made this statement?
Which of the following generates demand forecasts using statistical tools and forecasting techniques?
Number of warehouses are greatly affected by _______
What is the first step in the supply chain?
Refers to the sequence of processes involved in the production and distribution of a commodity
Logistics is the part of supply chain involved with the forward and reverse flow of
Can be defined as the different stages involved in supply chain management for taking an action or decision related to some product or services.
They create parts or products from raw materials and other inputs
Members of the marketing channel perform many key functions EXCEPT__________.
When goods move from one location to another, the information requires updating and disseminating (act of spreading something widely) to supply chain partners
To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.
SCM stands for _______________.
Refers to the principles, practices guidelines that an organization follows when interacting with its customers
is a decision of a company about "make or buy" goods or services.
Supply chain management is the organization of supply chain activities, it maximizes customer value, and ______ _____?
From the economic system’s point of view, the role of marketing intermediaries is to transform the assortments of products made by __________ into the assortment wanted by consumers.
Identify this mode of Intermodal Transportation
the seller pays for transport to a specified terminal at the agreed destination.
which functional area of supply chain is to ensure customer satisfaction with a product or service?
Explain the picture below.
The bullwhip effect:
___________ has a negative impact on consolidation, increased supplier base and increase in cost.
The components of Supply Chain Management include the following except?
Name this photo
The Term Logistics is derived from a Greek Word Logistike which means _________
Majority of the consumables in hotels are perishable in nature. TRUE OR FALSE?
Which of the following statements is true of LEAN supply?
How much water is consumed in the lifecycle of one pair of Levi's 501s?
Continuous Improvement is based on?
Just-in-time/SCM purchasing requires the following condition:
What is radical transparency?
This process defines what your supply chain needs to be good at, and it allows you to prioritize supply chain objectives.
Which of the following statements is true?
Which of these statements regarding control charts is best?
Encourages and helps the firm’s suppliers to perform in some desired fashion, such as assessing the suppliers current capabilities and deciding if and how they need to improve them
It is the portion of customer orders that are completed on-time, i.e., within the agreed-upon due date.
It is important to interlink office processes in the hotel industry. TRUE or FALSE?
Which term is often confused with supply-chain management?
Refers to all the activities associated with the flow and transformation of goods from raw materials stage, as well as the information inflows of which end users avail
In __________ management, managers must maintain the delicate balance between carrying too little inventory and carrying too much.
Defined as the management of flow of products and services, which begins from the origin of products and ends at the product’s consumption.
The process from the distribution of finished goods to the manufacturers’ resellers to the delivery of products to the end users is known as the__________ activities.
Which of the following statements is accurate?
Refers to an extension of questionnaires but is more detailed. It is conducted in a face-to-face format
Which of the following is true of AGILE supply
Reverse logistics is an activity that ensures _____________.
The supply chain distribution channel includes
PERT / CPM was developed in the laoratory of which company?
Determines the current capabilities of suppliers. This occurs when the potential suppliers are being evaluated purchases
What is the last step of the supply chain?
The sequence of a typical manufacturing supply chain is
This method are statistical technique to make predictions, which use expert judgment instead of numerical analysis
True or False: The abbreviation "WIP" in the store phase of the supply chain means "Work-In-Process.
Which of the following is NOT one of the 4 Rs of supply chain management?
This is yet another measure, which is the gauge of total number of orders waiting to be filled.
What are the type flow of resources in the supply chain ? (Could be more than one)
3. VMI stands for
In manufacturing, this process usually overt because it involves a physical change in the product
Which of the following is not part of the triple bottom line?
Use the data to determine what a forecast for period #6 will be using the last period approach. Period# Sales147263328469571
It’s an manufacturing process usually include raw materials such as woods, steel, water, plastic or chemicals
The primary transfromation function provided by Hospital can be described as
Include the machines, material handlers, tools, etc.
Which of the following is not a reason for carrying inventory?
_________ supports time and place utility by allowing an item to be produced and held for later consumption. It can be held near the location where it will be needed, or transported later.
A relationship conflict with value chain members is important because the success of the product that is marketed dependent on the value chain network members.
What is the concept of sustainable supply chain?
A __________ distribution channel consists of one or more independent producers, wholesalers and retailers.
Which of these is an eternal truth about forecasting?
Consist of labor, scientific and technical personnel
Which of these is NOT a flow that moves up and down the supply chain?
As the degree of customer contact increases:
________________ is valuable both as a form of advertising and for protection and storage from a logistical perspective.
__________ conflicts occurs among firms at the same levels of the same chain. Example between factory with another factory.
__________ means providing alternative product to a customer for temporary period of time till the product repair issue is resolved.
It is the reverse of order fill rate and marks the portion of orders lost because of a stockout.
What is another term for supply chain coordination?
Service Benefit of Warehousing is _______
In this stage, the products are designed, produced, tested, packaged, and synchronized for delivery.
Channels are connected by several types of flows EXCEPT__________.
Logistics first came into play in the early 1950’s.
Producers make narrow assortments of product in large quantities, but __________ want broad assortments of products in small quantities.
Supply chain is involved with managing and collaborating activities among retailers and customers.
Instead of lowering prices, what do companies do when developing an operation strategy?
Which of the following is true for supply chain management?
EOQ stands for?
The terms purchasing and procurement should not be seen as synonymous. As such, which of the following statements do you think has greatest validity?
Through ___________, there could be considerable cost reduction.
Which of the following describes the typical flow of cash in the supply chain?
________ and ________ deserve to get the best value for every product bought
Which of the following is not a reason for carrying inventory?
Globalization has had little effect on consumers
The quickest distinction to make is that supply chains are responsible for the overall sourcing, processing, and delivery of goods to the end customer, while logistics specifically focuses on moving and storing goods between different supply chain organizations.
The purpose of supply chain management is to...
A supply chain is made up of a series of processes that involve an input, a _______, and an output.
Refers to business processes executed by a company with its business partners to service customers and sustain relationship with them
People who sell products to the public
it adds a semi-permanent storey of storage within a warehouse
This problem in hotel industry's SCM occupies a large space and thereby leads to increase in costs.
The problem in hotel industry that has something to do with cost of raw materials purchase in hotel scenario.
PDCA is developed by?
The verb "may" in the Malaysia Standard indicates a
Common Causes are?
Using the proper visual communication options like safety signs, can be very effective for supply chain integration.
Reverse logistics is required because
Supply-chain response relates to the following:
__________ marketing channels, containing one or more intermediaries.
The choice of transportation carriers do not affects the pricing of products, delivery performance, and the condition of goods when they arrive—all of which will not affect customer satisfaction at all.
Why SCOR is needed for companies? ( Choose the best one)
The ________________________ the portion of customer demands that can be easily satisfied from the stock available.
Which of the following is not one of the five basic components of supply chain management?
What does the acronym S&OP represent?
_Select all the modes of transportation in delivering materials and finished goods in the supply chain.
Which of the following is not an area of responsibility for a logistics manager/logistician?
---------------- Means doing the right things to create the most benefit for the company
When people talk about a firm's 'first tier' or 'tier one' suppliers, they mean:
Information technology, consumer behavior, visibility, and speed are the four changes resulting from advances in technology that are driving supply chains.
What is the aim for SCM managers?
What is my complete name, including my middle name?
Which of the following is not a component of 4 PL?
The _____________________________is defined as all the steps, processes, and trading partners involved in making, storing, and delivering a finished product into the hands of the end user.
Producer gives only a limited number of dealers the exclusive right to distribute its product in their territories. They are using ___________ distribution.
What is the main importance of Supply Chain Management?
PMS stands for __________.
Primarily includes the organization and implementation of goods movement in circulation.
Who is called the father of scientific management?
Engage trucks, rail transport, air-cargo carriers, etc.
________________________ measures is the assessments used to measure the performance, and compare or track the performance or products.
Quality is defined as?
The first factor affecting the SCM in Hotel Industry states that the customers are the ____________ priority.
Allows buyers to assume that suppliers can meet certain product quality and service requirements
The second stage of the supply chain management flow is called _________
Today, SCM systems focus on extending beyond an organization’s four walls to influence:
The type of processing structure that is used to produce gasoline, chemicals is
A location within a supply chain network is known as a:
Who gets the credit to develop the coordinated assembly line?
The supply chain concept originated in what discipline?
Which of these is NOT one of the seven core ideas of TQM?
In hotel industry, the capital costs are lower and operating costs are higher.
The Inputs in MRP system comes from the ____ resources
______ is not the Logistical Performance Cycle
At which stage financial losses will usually occur in a product life cycle?
__________ conflict; conflicts between different levels of the same channel. Most common conflict. Example between retailer and wholesaler.
A breakeven point indicates which of the following:
Place or __________ decisions will focus on how products are made available to target customers through marketing channels and marketing logistics.
1. The purpose of supply chain management is…………….
In which manner you can identify and resolve issues with the speed, cost, quality or other aspects of goods moving through the supply chain.
When goods are move or services are provided, business partners expect monetary compensation from their customers
Following the flow of orders, goods and other assets through the global supply chain
A men's suit is composed of primary material, lining, thread, buttons, and a zipper. Which of these statements is best?
Which of the following are the criteria of strategic segment according to Kraljic Matrix
A problem of hotel industry related to supply chain which is due to lack of planning, emergency purchases are a matter of routine and not due to exceptions.
The logic of _______________ can not be truly applied because of the innumerable different items bought for many departments from a large number of supplier.
The __________ effect occurs when distorted product demand information passes from one entity to the next throughout the supply chain
Stock
Supply-chain strategy concepts are applicable to what types of companies?
How might stakeholders be negatively impacted by supply and logistics?
What is an integrated process in SCM?
____ means the time gap between order processing and shipment
The purpose of supply chain management is
Marketing channels(or distribution channels) – is a set of interdependent organizations that help make a product or service available for use consumption by the consumer or business user.
inventory Management is shallow at ____________
__________ marketing channel, has no intermediary levels, the company sells directly to consumers.
Supply chain helps maximize the total value of the systems.
Supply chain management is a close alignment and coordination within a supply chain, often with the use of shared management information systems.
Which statement regarding typical supply chain flows is best?
This flow comprises the request for quotation, purchase order, monthly schedules, engineering change requests, quality complaints and reports on supplier performance from customer side to the supplier.
Vertical marketing system consists of __________ VMS, administrative VMS and contractual VMS.
Who devised the theory of constraints?
It can be simply defined as the end-to-end delay in a business process.
Purchases goods for onward distribution to stores or other sales outlets
Which of the following is NOT a factor affecting the supply chain?
Materials flow from suppliers and their _______________ suppliers at all levels.
The standard that extends the benefits of quality management to all parties that are interested in or affected by a business's operations is:
Supply chain business partners need to both complete and cooperate in order to streamline the flow of goods, capital and information
Place or distribution is an activity that is a part of the bigger __________ management.
__________ is made up of the company, suppliers, distributors, and ultimately customers who “partner” with each other to improve the performance of the entire system.
Which is the correct order of the 5 essential stages of supply-chain management?
Identify the elements of supply chain of an organization of your choice.
Refers to various statistical approaches that can be used to identify both differences and commonalities in consumer groups
The product - process matrix
What is the second step in the supply chain?
the seller gives the goods, cleared for export, to the buyer's carrier at a specified place.
Why most companies outsource their business operation?
What are the three generic business strategies? Give at least 1.
Use the product structure tree shown below to determine the best statement.
Which of the following is not an area of responsibility for a logistics manager?
Five (5) main transportation modes: truck, rail, water, __________ , and air.
What is the third step of the supply chain?
The process of preparing and shipping goods to their destination
The bullwhip effect says that:
The most highly customized products are:
Is the external data collected by a company about a specific market which it wishes to enter to kae decisions
Who are considered as the Gods and Goddesses in the hotel industry?
W. Edwards Deming is known in quality circles for his:
What is the Supply chain process that links suppliers to manufacturers?
Cover activities such as information exchange, transport service, inventory management, warehousing, cargo handling and packaging.
Supply chain functions is a process where the all the parties involved with the fulfillment of a product are integrated into a single system.
Provides storage facilities for finished goods and raw materials ensuring balanced flow of goods and materials needed to keep the business running
Logistics needs to be linked to the following except for
Make the sale to ___________ is one of the keys to SCM success
This is the first stage, and it is when every department or system within a company is managing their own supply chain, and related issues.
Refers to previously published materials
Comprise warehouses, automated storage and retrieval systems.
Refer to the significant benefits from the creation of closer working relationships with customers in terms of long-term, higher volume sales
Consumer behavior, _____________, competition, and speed are the four changes resulting from advances in IT that are driving supply chains.
Vertical marketing system (VMS) consists of producers, wholesalers, and retailers acting as a unified system. One channel member owns the others, has contracts with them, or wields so much power that they must all corporate.
"Kaizen" is a Japanese term meaning
One of the biggest failure points in aligning strategy is when the supply chain organization doesn’t know what to align with.
Operations Management is defined as the transformation of system?
Calculate a moving average of three periods to forecast the demand for period 5. PeriodDemand1692893814915119
Which of the following is not an alternative identified in the service-system design matrix?
Defined as the management that invites the merger of challenges and opportunities for inbound logistics. A cost-effective reverse logistics program links the available supply of returns with the product information and demand for repairable items or re-captured materials.
Supply Chain in a business aim to the following contributions:
Productivity is defined as ?
The second factor affecting SCM in Hotel Industry is having different types of __________________.
Which of the following is not a part of supply chain management system?
Deploy in incremental phases and measure and communicate success is one of the keys to success for SCM.
The difference between operations and supply chain management is that...
What are the key features that differentiate logistic management from supply chain management?
What is the set of processes that plans for and controls the efficient and effective transportation and storage of suppliers from suppliers to customers?
No other company in the world is as proficient at "just-in-time" production as Toyota. This technique is a great competitive advantage for them and is clearly a(n):
Which of these are FUNCTIONS in a supply chain?
What is RFID?
In this stage, this involves not only identifying dependable suppliers but also determining different planning methods for shipping, delivery, and payment of the product.
The seller must pay the costs of bringing the goods to the specified port.
This method are an statistical technique to make predictions, which use numerical measures and prior effects to predict future events
What does logistics refer to?
SCM stands for
This flow includes a smooth flow of an item from the producer to the consumer. This is possible through various warehouses among distributors, dealers and retailers.
In marketing channels, __________ buy large quantities from many producers and break them down into smaller quantities and broader assortments wanted by consumers.
What does supply chain refer to?
Is a concept that aims to enhance supply chain integration by supporting and assisting joint practices, It optimizes inventory
Supply chain includes two flow of resources.
Supply chains create value by:
This is the actual movement of goods or the delivery of services across the supply chain
Which of the following is a top reason why executives use SCM to manage extended enterprises?
Transportation functionality includes _________
Incoterms 2010 are used in trading agreements to:
Production related procurement refers to the purchasing of:
In an industry, the whole process of the supply of resources for the production of products is also known as __________ activities of the supply chain management.
VMI stands for
Which of the following correctly describes a flow within the supply chain?
Logistics is defined as
Reporting on the flow of goods through the supply chain.
The florist checked over the arrangement just prior to loading the vase in the delivery van. It was fortunate, because he noticed that lilacs had been included in the arrangement. The customer specifically requested "no lilacs" so the florist was able to remove them and make the order right before it left the office for the customer. This scenario is an example of:
Refers to an interconnected group of storage facilities and transportation systems that receive inventories of goods to be delivered to customers. It is way to ensure successful product delivery
The major decision areas in supply chain management are
A kanban system is also called:
The first stage of the supply chain management flow is called _________
This is a systematic approach in collecting and analyzing data about target markets, competition and potential customers
One of the most common issues we see is the belief that there are standard supply chain performance measures, and the company should strive to maximize them all.
The seller is responsible for delivering the goods to the named destination in the buyer's country, including all costs involved.
The following are the 4 key players on the Physical Distribution Channel except for
Minimum and maximum stock levels which determine when a reorder is placed and for how much is called:
The final stage of the supply chain management flow is called _________
What is the main objective of supply chain management?
Operation following the manufacturing is called as
Equipment and people are highly specialized and arranged sequentially according to the steps required to make a product in a:
The direction of a flow in a supply chain is often compared to a river, where:
When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in
6. Which of the following is not a part of supply chain management system?
Which function of an organization generates demand?
Refers to an approach to judge the performance of a supply chain system. It is utilized to help firms keep track of their supply chain management efforts
Which of the following is NOT a reason that companies are depending more on their suppliers?
Examples of Logistics Management
The customers’ customer is upstream in the supply chain.
Which of the following is true about forecasting?
To a __________, a marketing channel can be viewed as a route for delivery of finished products to the end users.
Is the process of purchasing from suppliers that are governed by environmental sustainability and social and ethical practices
Supply chain management is a function that oversees and directs the manufacture, transportation and delivery of goods and services between their origin and their final destination.
Supply Chain Management involves the following except what?
Which of the following is not a classification of Value Added service?
Refers to a small group led by a facilitator seeking to learn customer preferences
In this stage, the products are delivered to the customer at the destined location by the supplier. This stage is basically the logistics phase, where customer orders are accepted and delivery of the goods is planned.
Functional areas of logistics which is termed as 'Logistics Mix' by Martin Christopher consists of :
Operation preceding the manufacturing is called as
also known as a non vessel operating common carrier (NVOCC).
Supply chain consulting is the provision of expert knowledge, assessment of a supply chain's productivity, and proffering solutions that will improve the effectiveness and productivity of a supply chain.
What is the additional revenue over and above the costs of building a supply chain network?
The end processes where a company takes a finished product to the consumer is called __________________
Refers to a method that seeks to find commonalities in various groups or segments of consumers
A business' supply chain includes __________________
__________ is defined as a process where the company develops various marketing techniques as well as sales strategies to reach the widest possible customer base
Which of these statements about the operations function is best?
Refer to a list of questions that potential consumers have to answer with regards to their likes and dislikes about the products and services that they desire
Customer relationship management (CRM) is best described as:
E-procurement aims to improve performance of what is known as the 'five rights of purchasing'. One aim of e-procurement is increasing savings by sourcing items:
The beginning stages of creation of a company's product or service is called _________________
Which of the following is not one of the three main links in the supply chain?
How long does it take Zara to design, manufacture and distribute a new product item?
Supply chain is a complex system with several partners involved. Is [ The statement here] true or false?
Which of the following statements is true of LEAN?
What is S&OP?
Include working capital, stocks, etc.
Which component of the supply chain sells the final good to the consumer?
What is the process through which information shared between supply chain partners is properly utilized to effectively complete the supply chain process?
This is take form of goods or things which customers can measure and evaluate to see if they conform to specifications
Which of the following is a key to SCM success?
It is the next stage where all the different departments within a company will work together to help to improve efficiency and reduce cost.
Information technology’s primary role in supply chain management is creating the integrations or tight process and information linkages between functions within a firm - such as marketing, sales, finance, manufacturing, and distribution – and between firms.
describes businesses that provide one or many of a variety of logistics-related services.
The third factor affecting SCM in the industry deals with the ______________ trends in the hotel industry.
Plan, source, make, deliver, and return are the five basic supply chain management components.
•__________ refers to the entire activities involved from the supply of the of resources for production to the manufacturing of the products, and to the distribution of products to end users.
Part of the order processing includes the following except for
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