SUPPLY CHAIN MANAGEMENT QUIZZ

Which of the following is NOT a component of Coca-Cola supply chain process?

• a) Manufacturing

• b) Warehouse

• c) Marketing

• d) Distribution

In which year, IBM created the first computerised inventory management and forecasting system?

• 1930

• 1925

• 1960

• 1967

Which of the following best defines supply chain management?

• A) A process of managing inventory levels in warehouses

• B) The coordination of activities involved in sourcing, production, and distribution of goods

• C) Ensuring compliance with environmental regulations in manufacturing processes

• D) Marketing strategies focused on increasing customer loyalty

What is one advantage of implementing supply chain management in a business?

• A) Increased operational efficiency

• B) Decreased customer satisfaction

• C) Reduced visibility across the supply chain

• D) Higher costs in logistics and transportation

Belows are the reason why supply chain management is popular, EXCEPT

• a) Improved customer services

• b)Competitive advantage

• c) Increased risks

• d)Reduced inventory and overhead costs

Question: What is the primary objective of supply chain management?

• A) Maximizing sales revenue

• B) Minimizing production costs

• C) Optimizing customer satisfaction

• D) Expanding market share

What does Coca-Cola's Supplier Relationship Management program involve?

• a) Quarterly meetings with key suppliers

• b) Innovation days for suppliers

• c) Mutual performance reviews with suppliers

• d) All of the above

“To ensure the raw materials or components meet the manufacturing specifications”. This statement refers to which SCM process?

• A) plan

• B) resource

• C) delivery

• D) return

This involves managing the logistics of getting the product to the customer, including warehousing, inventory management, and transportation

• A) delivery

• B) plan

• C) return

• D) make

Which of the following statements best describes a key function of supply chain management (SCM)?

• A) "Ensuring timely delivery of products to customers."

• B) "Reducing costs solely through bulk purchasing."

• C) "Maximizing inventory levels to prevent stockouts."

• D) "Minimizing lead times by improving production efficiency."