Logistics Management Quiz # 1

................... tends to focus on purchasing and procurement, production planning, demand management, from point of origin to point of consumption

• Operations Management

• Logistics Management

• Supply chain Management

• Materials Management

.................... tends to focus upon transportation and distribution

• Supply Chain Management

• Logistics Management

• Project Management

• Distribution Management

Supply chain facilities include...

• Retail outlets

• Warehouses

• Processing Centers

• Offices

Exchange of Information is a movement in the supply chain system

• Yes

• No

Responsible for managing supply and demand both within and across business organization

Benefits of effective supply chain management

• Higher profits

• greater customer loyalty

• shorter lead times

• Quality processes

• high inventories

Supply Chain is also referred to as Value Chains

• True

• False

Elements of the Supply Chain Management

• Product

• Capacity Planning

• Inventory

• Design

• Customers

An element of the supply chain management wherein the main concern is the evaluation of suppliers, purchase of goods and services

• Suppliers

• Logistics

• Purchasing

An element of the Supply Chain Management whose concern is making best decision when it comes to the movement of information and materials.

• Processing

• Location

• Logistics