Logistics and Supply Chain Management

Supply Chain in a business aim to the following contributions:

• Achieve maximum customer service level

• Ensure high product quality

• Achieve minimum (possible) cost

• Be flexible in the constant market changes

• All of the above

The following are the 4 key players on the Physical Distribution Channel except for

• Suppliers - Vendors

• Manufacturers

• Custom

• Wholesalers

• Customers

Part of the order processing includes the following except for

• Checking inventory status

• Customer credit

• invoicing

• accounts receivable

• Checking the loading date

Logistics needs to be linked to the following except for

• Marketing

• Manufacturing

• Forecasting

• Customer servicing

• Planning

By carefully analyzing material flows, the materials management can save the organization significant amount of _______________.

• money

• time

• energy

• manpower

• None of the Above

________________ is valuable both as a form of advertising and for protection and storage from a logistical perspective.

• purchasing

• public relations

• packaging

• liaising

• None of these

_________ 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.

• transporting

• purchasing

• packaging

• warehousing

• None of these

it adds a semi-permanent storey of storage within a warehouse

• pallet

• mezzanine

• vertical lift modules

• horizontal carousels

• None of these

is a decision of a company about "make or buy" goods or services.

• outsourcing

• packaging

• purchasing

• warehousing

• None of these

describes businesses that provide one or many of a variety of logistics-related services.