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Supply Chain Management Flashcards | StudBud
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Supply Chain Management
Supply Chain Management
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Flashcards
60 cards
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Questions
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Answers
1
The aim of reducing customer defection to competitors is called ______.
Reserve reduction
Barrel reduction
Rolling reduction
Churn reduction
2
Which system helps Supply Chain Management greatly?
Radio Frequency scanning (RFID)
All of the above
Barcoding
Internet system
3
Key component in demand management and is helpful in make-to-
stock
situation and ______
Make-to-buy
Make-to-order
Make-to-store
Make-to-sell
4
Which transport service is restricted to carry gaseous and liquid state of cargo?
Pipeline
Water
Air
Rail
5
Programs aim to assure that the firm is capable of satisfying customers now and into the future
VMI
ERP
TQM
EOQ
6
How many steps CPFR process model under Global Commerce Initiative (GCI) to work effectively?
10
9
7
8
7
The idea with _____ is to offer the right products and services to customers at the right time.
product-based marketing
event-based marketing
service-base marketing
value-added marketing
8
___________ will determine the capabilities of suppliers and improve them.
Supplier certification
Supplier evaluation
Supplier track record
Supplier testimonial
9
Which transport mode or service is relatively slow and flexible?
Pipeline
Air
Water
Rail
10
Two elements that involved TQM are _________ and workforce involvement.
Focus on the work procedure
Focus on the workflow
Focus on the quality of product
Focus on the customers
11
Japanese word for JIT scheduling is __________.
Kantai
Kanban
Kanwan
Kanbay
12
One of the benefits of Supply Base Reduction Programs is:
All of the above
frequent interaction between buyer and supplier
reduced purchase price
fewer supplier management problems
13
_________ is created when customers get product delivered at precisely the right time.
Cost utility
Product utility
Place utility
Time utility
14
Which services is one of the more popular roles of third-party logistics (3PL)?
JIT
All of the above
Vendor-managed inventory (VMI)
ABC analysis
15
Some of the Enterprise Resource Planning (ERP) benefits are :
Faster, more accurate transactions
Better managerial decision making
Improved financial management
All of the above
16
Which transport service that able to accommodate huge volume of cargo?
Water
Rail
Air
Motor
17
Time series data have four components: trend, _______, seasonal and random.
time-based
fashion
period
cyclical
18
Which supplier certification is Internationally recognised?
ISO 1000
ISO 9000
ISO 8000
ISO 14000
19
__________ is owned by for-profit organisation that contract their services to other companies.
Contract warehouse
Public warehouse
Bonded warehouse
Private warehouse
20
One of the three basic production strategies for addressing the aggregate planning problem is :
All of the above
The chase strategy
The level strategy
The mixed strategy
21
Quantitative forecasting methods forecast use mathematical models and relevant __________.
distribution data
inventories data
historical data
intelligence data
22
Firms with multiple products and seeking both low-cost and make-to-order items falls under ____
All of the above
The chase strategy
The level strategy
The mixed strategy
23
Which service is NOT part of the third-party logistic?
Shippers’ Association
Transportation broker
Freight forwarder
Tug providers
24
Which transport mode is very expensive to other mode?
Motor carrier
Water carrier
Rail carrier
Air carrier
25
One of the JIT Elements is INCORRECT:
Waste reduction
JIT Layouts
JIT Flexihours
JIT Partnership
26
Which transportation service or company that NOT legally recognised?
Common carrier
Exempt carrier
Contract carrier
Public carrier
27
What is Total Quality Management (TQM)?
Waste program
Reduce cost program
Quality program
Quantity program
28
Operation scheduling and inventory management, capacity refers to ____, materials or equipment.
product
labour
asset
money
29
Under VMI, the size and timing of replenishment orders are the responsibility of the ________.
transporter
manufacturer
customer service
seller
30
Alliance development is an extension of supplier development refers to increasing a key or ____
strategic supplier’s capabilities
strategic supplier’s enhancement
strategic supplier’s competition
strategic supplier’s development
31
Operation managers are continuously involved in resource and planning capacity and ________.
output
income
outcome
input
32
Using Third-Party supply chain services enhance or help firms with ______.
limited time
limited labours
limited fund
limited resources
33
Proactive sourcing initiatives in Supply Chain Sourcing strategy helps firms gain ___________
more customers’ interaction
competitive advantages
more employees’ loyalty
more revenue
34
One of the primary elements of Customer Relationship Management (CRM) is to _______ customers.
segment
upset
segregate
scare
35
____________ is created when customers get products delivered to the desired location.
Product utility
Time utility
Cost utility
Place utility
36
Some of the common reasons for failed Enterprise Resource Planning (ERP) implementations are:
Lack of adequate resources
Lack of top management commitment
All of the above
Lack of proper training
37
Which document that shows an inclusive listing of all component parts and assemblies?
Bill of parts
Bill of Lading
Bill of Materials
Bill of Manufacturing
38
Master production schedule (MPS) is a _______________.
short-range materials
middle-range materials
long-range materials
medium-range materials
39
The new generation of MRP system is known as the ______________ system.
enterprise response planning
enterprise resource planning
enterprise matching planning
enterprise research planning
40
____________ refer to warehouses that owned by the firm storing the goods.
Contract warehouse
Private warehouse
Bonded warehouse
Public warehouse
41
How many steps in Supply Chain Sourcing Strategy framework?
6
5
4
7
42
Which capacity plans is a long range materials plan?
optimise production plan
maximise production plan
average production plan
aggregate production plan
43
What is EDI?
None of the above
Electronic data interlink
Electronic date interchange
Electronic data interchange
44
Top 3 challenges for CPFR implementation are difficulty of making internal _____, ____ and ___.
change, price and trust
change, cost and trust
movement, cost and trust.
change, cost and monitor
45
Motor carriers are most often classified as __________ or truck-load (TL) carrier.
maximum truck-load
more-than-truck-load
less-than-truck-load
total truck-load
46
One of the assumptions of Economic Order Quantity (EOQ) is :
The demand must be known and constant
Price is constant
All of the above
Replenishment is instantaneous
47
Which party NOT involved in the Supply Chain Management?
All of the above
Companies
Customer
Supplier
48
Stock-out also known as ______________.
Prices increment
Stock available
Stock decreasing
Out of stock
49
_________ describes the time-phased net requirements from warehouses and distribution centres.
Distribution requirement planning
Material requirement planning
Operation requirement planning
Transportation requirement planning
50
One method of ensuring successful product delivery is designing and building a ____________.
distribution networks
distribution location
distribution plan
distribution patterns
51
Materials requirement planning (MRP) is a __________________.
middle-range materials
short-range materials
long-range materials
medium-range materials
52
The practice of copying and measuring what other business do best is called ____________.
Filtering
Sampling
Bench marking
Comparing
53
Which perfect order in the Customer Service definition regarding seven Rs NOT found below?
Right delivery
Right time
Right condition
Right place
54
JIT stands for ___________.
Just-in-Today
Just-in-Tomorrow
Just-in-Tune
Just-in-Time
55
The four (4) important elements of Supply Chain Management are:
Purchasing, Operations, Distribution & Integration
Purchasing, Warehousing, Distribution & Integration
Purchasing, Operations, Marketing & Integration
Purchasing, Operations, Transportation & Integration
56
Qualitative forecasting methods forecast are based on ________ and intuition.
opinions
hearsays
criticism
feedbacks
57
If the safety inventory stock not being handled well, stock-out or also known as ________.
bullwhip effect
ballshot effect
ballwhip effect
bullrun effect
58
____________ forecasting assumes that one or more factors are related to predict future demand.
Sampling
Directive
Associative
Controlling
59
Part of extension of target marketing is relationship marketing or _______.
granted marketing
forward marketing
permission marketing
promotion & advertising
60
Just-in-Time II is an extension of supplier partnerships and ___________.
Dependent inventories
ABC inventories
EOQ inventories
Vendor-managed inventories