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What is a “lead time”?
Why can coffee be challenging to source?
SCM
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1
Why can coffee be challenging to source?
Climate changes in key coffee-growing regions
All beans must be harvested by singing baristas
Price ultra volatility on global markets
Geopolitical tensions affecting exporting countries
2
What is a “lead time”?
The time buyers have to finalize budgets
The period between placing an order and final delivery
A moment when managers lead a karaoke break
A weekly update meeting for suppliers
3
A KPI (Key Performance Indicator) is used to:
Display trending memes in the break room
Predict future demand by random guesses
Measure the performance of a process or supplier
Decorate monthly reports with colorful charts
4
Why might fair sourcing of matcha tea be difficult?
Abundant global supplies at stable prices
Each leaf must be picked under a full moon
Limited, highly specialized producers
Strong government subsidies worldwide
5
Why are certifications (ISO, etc.) important for suppliers?
They only apply to the automotive industry
They’re a mere marketing gimmick
They indicate a set level of quality and compliance
They unlock membership in supplier private clubs
6
A sustainable purchasing policy aims to:
Focus on societal and social actions
Completely eliminate all polluting supplier interactions
Reduce environmental and social impacts across the supply chain
Focus solely on carbon impact reduction
7
In contract negotiations, a crucial point is:
Include clauses at the very end of the negociation
Payment terms and delivery conditions
Deciding who prints the final contract copies
Applying pressure on the supplier
8
A freight forwarder’s / transit agent main role is to:
Offer private cruise packages for shipping managers
Arrange international shipping and handle paperwork
Sell goods to end customers
Provide capital for supplier development
9
In supply chain, “RFID” technology is used to:
Provide marketing data for brand awareness
Run automated forklift operations
Track products via radio frequency chips
Play music whenever a pallet moves <3
10
What is the main objective of Supply Chain Management?
Ensuring end-to-end visibility of goods
Optimizing the flow of products and services from supplier to customer
Improving responsiveness to market changes
Transforming warehouses into amusement parks for employees
11
“Global sourcing” means:
Focusing on a single country for all purchases
Identifying suppliers worldwide
Evaluating a supplier from an international location
Working only with local suppliers
12
In logistics, an ERP (Enterprise Resource Planning) typically:
Provides daily motivational pop-ups for employees
Automates the loading and unloading of trucks
Integrates procurement, inventory, sales, and finance data
Focuses on shipping documents
13
Which clause is often critical in a purchasing contract?
Penalties for late delivery
Free pizza on contract signing day
Warranty terms for stolen goods during transportation
Early settlement discounts
14
“Dropshipping” is:
Manufacturing everything in-house before reselling
Restricting shipments to local distribution
Selling products without stock, with direct shipment from the supplier
The ultimate Sigma move
15
The larget plane ever built, (the Antonov AN-225) can load more than 50 cars
True
False
16
Which tool is commonly used to evaluate and select suppliers?
A structured scoring system with criteria like quality, cost, and delivery
Legal compliance checks only
Random preference of the purchasing manager
Using the Lean Management method
17
A “buffer stock” (safety stock) is used to:
Lower the overall inventory to zero
Prevent shortages caused by demand or supply fluctuations
Boost the production of items in surplus
NOOOOOOOOOOOOOOOOOOOOOOOOOO
18
What is a major challenge for the Purchasing function in the digital era?
Hiring a social media influencer for every negotiation
Blocking online supplier portals for risk management
Automating and digitizing processes for better efficiency and traceability
Sticking to only paper-based contracts to avoid data issues
19
Why is maritime transport often preferred over air transport for large volumes?
Faster lead times than air freight
Reduced risk of damage at sea
Lower costs for bulk shipments
Passengers can join for a free cruise
20
Why is sourcing lithium-ion batteries considered strategic?
Lower demand in emerging markets
Key component in electronics and electric vehicles
They can be powered by dancing
Easy replacement with older battery types
21
What does a “purchase order” (PO) do?
Is like an invoice
Officially confirms the purchase terms and conditions
Serves as an informal note between colleagues
Acts as a warranty certificate for the buyer
22
Which mode of transport is the most used for international trade?
Deliveries via hoverboards
Air freight
Road and rail combined
Maritime shipping
23
What is a key advantage of rail transport?
Trains can deliver anywhere, even off-track
Cost-efficiency for bulk goods over long distances
Passengers can join in to speed up loading
Zero environmental impact
24
The term “Last Mile” usually refers to:
The final step of delivery to the customer
The distance between two major distribution centers
A famous run that logistics managers run once a year
The final assembly stage of a product
25
What does “reverse logistics” involve?
Exchanging roles between suppliers and clients
Using time machines for urgent re-deliveries
Shipping products backward on a conveyor
Handling returns, recycling, and disposal flows
26
“TCO” in Procurement stands for:
Taxes Charged Officially
Taxes, Customs and Ownerships (for international trade)
Total Cost of Ownership (calculating overall costs incurred by a product)
A THC-derived product
27
What does the “Just-in-time” approach aim for?
Reducing inventory by producing to meet demand directly
Stockpiling raw materials for emergencies
Delivering orders via magic trick performances
Starting the shipping products before orders are received
28
Which element is central to the purchasing process?
Establishing strong supplier relationships with all suppliers
Randomly picking suppliers based on a lucky draw
A thorough needs analysis and clear specifications
Negotiating short payment terms with your suppliers
29
Why is palm oil sourcing considered sensitive?
Obligatory harvest in italian brainrot costumes
Environmental and deforestation concerns
Easy traceability in all markets
Oversupply leading to price drops
30
In logistics, “backhaul” refers to:
Hitchhiking with your delivery on a random vehicle
Return transportation of trucks, often at reduced capacity
Specialized carriers for fragile goods
Cross docking from multiple suppliers
31
Why is sourcing rare metals complex?
Miners are required to wear anti-radiation bodysuits
Uneven geographical distribution and geopolitical risks
Simple and risk-free mining processes
Total availability in every country
32
What is the benefit of multimodal transport?
Conducting a traveling circus in your cargo ship
Sticking to one single mode to reduce complexity
Combining different transport modes to optimize cost and lead times
Using electric vehicules for all deliveries
33
What is "Indirect Purchasing" ?
The response D
Purchases related to production
Purchases related to everything BUT production
Purchases for non-business related topics
34
In the Supply Chain, “upstream” generally refers to:
Reverse logistics and returns
The procurement of raw materials
Distribution channels to end users
Operating a boat to deliver goods literally upstream
35
A critical aspect of efficient warehouse design is:
Streamlined internal flow and optimized space usage
Display of company awards on each aisle
Hiding treasure chests among the racks
On-site spa services for warehouse staff
36
Why is transporting radioactive materials (isotopes) complex?
Strict safety and security regulations
High insurance premiums due to weight
Limited road networks for specialized trucks
They must be escorted by sniper escorts
37
“Cross-docking” means:
Secretly painting company logos on competitor trucks
Ordering shipments to cross multiple borders untracked
Storing products for weeks before shipping
Transferring goods directly from one vehicle to another vehicle
38
In demand planning, “forecasting” is typically based on:
Customers feedbacks
A single day’s sales figures
Historical data and market trends
Management’s personal intuition
39
Which industry is most affected by cacao shortages?
Petrochemical products
Theme parks offering chocolate-fountain rides
Automotive components
Confectionery and chocolate production
40
Why is handling frozen goods complex?
They require less packaging than other goods
Maintaining a strict cold chain at all stages
They’re easy to store at room temperature
Dry Ice (used to maintain negative temperatures) is very toxic
41
Why is cobalt considered a strategic mineral?
Used in EVERY food-making processes
Only found in Asia
Primarily used in making plastic products
It’s critical for batteries and aerospace applications
42
What is a key benefit of strong inventory management?
Maintaining NO inventory at all times
Turning pallet storage into a theme maze for visitors
Ignoring real-time data for simpler management
Minimizing stockouts and reducing holding costs
43
“Supply Chain Management” means:
Creating backup distribution routes for extreme weather
Overseeing the entire flow from raw materials to final delivery
Automating production lines in all factories
Running team-building workshops in a chain formation
44
What is the purpose of the FOB (Free On Board) Incoterm?
Providing the crew with free coffee and snacks on board
Seller covers all costs until goods are loaded on the vessel
Transport costs are divided equally between buyer and seller
Buyer assumes responsibility once goods leave the factory gate
45
What is the primary concern of a Purchasing department?
Securing the best balance of quality, cost, and time
Building a large inventory to avoid stockouts
Collecting company-branded T-shirts from all suppliers
Maximizing travel opportunities to supplier locations
46
One frequent challenge in the coffee supply chain is:
Restricted access to coffee farms worldwide
Seasonal fluctuations and global market price volatility
Abundance of coffee suppliers in every region
Nationwide coffee tasting championships interfering with shipping
47
Why is managing indirect purchases significant?
They typically involve ordering snacks for office parties
They are regulated under a single international treaty
They only involve small, negligible expenses
They can represent a large share of non-production costs
48
Why is refrigerated container (reefer) transport expensive?
They can never be reused
Specialized cooling technology consumes energy
FALSE: No difference in cost from standard containers
Specialized containers are very dangerous to transport
49
What is the main challenge when buying natural rubber?
No synthetic alternatives at low cost
Dependence on agricultural yields and weather conditions
Sourcing only in Middle-East
Because of the BGR (Bombombini Gusini EU Regulation)
