stud
bud
Sign up
Log in
Home
Library
Explore
SAT
More
Supply Chain and Logistics Management - Maged + SOCR Model - Maged Flashcards | StudBud
Explore
/
Supply Chain and Logistics Management - Maged + SOCR Model - Maged
Supply Chain and Logistics Management - Maged + SOCR Model - Maged
60 terms
·
StudBud Administration
·
27 plays
Imported from external platform
Flashcards
60 cards
F
Practice quiz
P
Host live
L
Questions
60
Answers
1
................... is between producers and consumers
a factory
a shop assistant
a retailer
a distributor
2
What is
not
an example of information flow
Dispatch advice
Purchase order
Order confirmation
Receiving goods
3
The objective of every supply chain is to maximize the net value generated.
False
True
4
A supply chain features a constant flow of
product, processes, and support
processes, funds, and product
information, product and funds
personnel, information, and policies
5
What are the processes included in the SCOR model?
Plan, Source, Create, Distribute, Reuse, Facilitate
Plan, Source, Make. Deliver, Return.
Strategy, Acquire, Produce, Distribute, Collect, Improve
Plan, Purchasing, Production, Logistics, Return, Manage
6
How many steps in SCOR model processes?
six
eight
three
five
7
SCOR model includes all of the following except
Sales Processes
People Skills
Metrics
Practices
8
All stages of an enterprise are involved, either directly or indirectly, in fulfilling a customer request.
True
False
9
Which SC activities do you build relationships with suppliers to procure raw materials?
Source
Return
Deliver
Plan
10
How many levels of processes does SCOR have?
4
2
3
1
11
What barrier is created in the SCM by the use of incompatible software?
Lack of top management commitment.
Incompatible information systems
Incompatible corporate cultures
Reluctance to share information
12
Which of the following is one of the business areas of supply chain management?
Materials Management
All of the above
Procurement
Logistics
13
movement of goods and cargo .......................
selling
providing
supplying
shipping
14
The replenishment cycle occurs at the retailer/distributor interface
True
False
15
What acquires raw materials and resources and distributes them to manufacturing as required?
Transportation mode
Inbound Logistics
Outbound Logistics
Logistics
16
...................... uses goods and services that have been produced
manufacturer
consumer
supplier
End-user
17
The objective of every supply chain is to
minimize the overall cost generated
minimize the cost to the manufacturer
maximize the profit of the manufacturer
maximize the net value generated
18
How can a supply chain be defined?
Collection of goods/services between enterprise and consume
Data collection between supplier and customer.
Processes for product, service, info, and transaction flow.
19
What is the key function of supply chain management according to the Supply Chain Council Professionals?
Align supply and demand by coordinating suppliers, customers.
Coordinate only suppliers and manufacturing.
Keeping costs as low as possible, regardless of customer satisfaction.
Focus only on logistics and production.
20
Supply chain management, can only be applied to supply chains with manufacturing operations.
True
False
21
What is SCOR model?
A a management tool used to address, improve, and communicate in SCM
An agreement with customer to always purchase
A reward to the supplier who always sustain their supply
A a management tool used to distribute goods to the end users
22
The decision phases in a supply chain include
production scheduling
supply chain orientation
customer relationship management
supply chain operation
23
A supply chain includes only the organizations directly involved in supplying components needed for manufacturing.
True
False
24
Strictly speaking, which of the following combinations constitutes a supply chain?
A supplier, a firm and a customer
Any network of suppliers
Two suppliers and a customer
Two manufacturers and a distributor
25
What is activity during SOURCING?
Order, Warehouse, Transportation, and Installation Management for Stocked,
Sourcing Stocked, Make-to-Order, and Engineer-to-Order Product
Demand/Supply Planning and Management
Make-to-Stock, Make-to-Order, and Engineer-to-Order Production Execution
26
Which of the following are key components of transportation decisions when designing and operating a supply chain?
Mode of transportation
Budget
Warehouse selection
Source selection
27
Which organization sees logistics as part of Supply Chain Management (SCM)?
International Logistics Organization (ILO)
Supply Chain Council (SCC)
Federation of Transport and Supply (FTS)
Global Logistics and Supply Association (AGLS)
28
What is activity during MAKE?
Sourcing Stocked, Make-to-Order, and Engineer-to-Order Product
Demand/Supply Planning and Management
Order, Warehouse, Transportation, and Installation Management for Stocked,
Make-to-Stock, Make-to-Order, and Engineer-to-Order Production Execution
29
Which of the following is not covered in SCOR model?
practices
sales
process
performance metrics
30
A supply chain could be more accurately described as a supply network or supply web
True
False
31
What is the main objective of well-managed supply chain?
Increase the individual profits of each party involved.
Optimize overall performance
32
The goal during the supply chain operation phase is to exploit the reduction of uncertainty and optimize performance
False
True
33
What distributes goods and services to customers?
Cradle to grave
Outbound Logistics
Logistics
Inbound Logistics
34
What is the purchasing of goods and services to meet the needs of the supply chain?
Logistics
Delivery
Materials Management
Procurement
35
Selecting suppliers is part of which supply chain process?
Planning
Sourcing
Delivering
36
physical items...........................
materials
means of transport
retailers
services
37
What is activity during RETURN?
Demand/Supply Planning and Management
Make-to-Stock, Make-to-Order, and Engineer-to-Order Production Execution
Return of Raw Materials (to Supplier) and Receipt of Returns of Finished Go
Order, Warehouse, Transportation, and Installation Management for Stocked,
38
Which of the following is not one of the five basic components of supply chain management?
Cost
Source
Plan
Deliver
39
Which of the following types of supply chain relationships focuses on joint processes between buyer and seller?
Strategic
Tactical information sharing
Operational
Transactional
40
What is activity during PLANNING?
Order, Warehouse, Transportation, and Installation Management for Stocked,
Demand/Supply Planning and Management
Make-to-Stock, Make-to-Order, and Engineer-to-Order Production Execution
Sourcing Stocked, Make-to-Order, and Engineer-to-Order Product
41
Are customers always the end customers?
Yes
No
42
Value add conversion of materials is most likely a
Return Process
Make Process
Deliver Process
Source Process
43
SCOR defines supply chain as ____.
Organizations
Processes
People
Functions
44
Plan Supply chain is a level __ process?
1
3
4
2
45
Which of the following is NOT the benefits of using the SCOR MODEL?
losing competitive advantage
alignment of business functions
identify supply chain problems
creation of a supply chain road map
46
What does SCOR stand for?
supply chain business model
Supply chain operations reference
supply chain benchmarking
supply chain framework
47
.................. sells products to customers
retailer
logistics
supplier
supermarket
48
Which one below is not a SCOR process type?
Plan
Deliver
Enable
Source
49
Which of the five basic supply chain activities do you support customers and product returns?
Plan
Deliver
Return
Source
50
A store receiving a product returned by a customer is described as which of the following processes?
Source return
Source
deliver
Deliver return
51
Who are the basic supply chain players?
Suppliers, customers and your company
Suppliers and your company
Service providers and your company
52
When your company wants to reduce the out of stock risk, you should:
Decrease the inventory level
Increase the inventory level
53
the process of managing the flow & storage of materials, goods, etc. .......................
distribution
logistics
shipping
consuming
54
What is activity during DELIVER?
Demand/Supply Planning and Management
Sourcing Stocked, Make-to-Order, and Engineer-to-Order Product
Make-to-Stock, Make-to-Order, and Engineer-to-Order Production Execution
Order, Warehouse, Transportation, and Installation Management for Stocked,
55
..................... transforms materials into goods
manufacturer
distributor
supplier
retailer
56
The entire network of businesses involved in providing goods and services......................
logistics
economy
management
supply chain
57
Which supply chain activities do you prepare to manage all resources required to meet demand?
Return
Deliver
Source
Plan
58
................... provides goods and services to other businesses
manufacturer
distributor
shipping
supplier
59
Which process is
not
part of deliver
Order management
Recycling
Transportation
Warehousing
60
Which of the below metrics represents the frequency of inventory replacement?
Inventory cycle time
Inventory turnover
Customer order cycle time
Back order
