Supply Chain Management - unit 1 & 2

______________model emphasizes the quick turnover of a product with a short life cycle

• Flexible Model

• Efficient Model

• Fast model

• Agile Model

The ______________may be further divided into sub-tasks such as assembly, testing, inspection, or packaging.

• Quality

• vendor

• manufacturing process

• sourcing

Effective and convenient return service reduces______________

• product waste

• customer service

• services

• production

The main objective of __________________is to minimize the overall cost of transportation while ensuring timely delivery.

• Location Decision

• Production decision

• Inventory decision

• Transportation decision

A____________ determines the production process, quantity, and quality of products.

• warehouses

• production decision

• transportation decision

• manufacturing plants

The _____________include vendors, transport agencies, warehouses, manufacturers, distributors, retailers, and customers.

• Financial Flow

• Product Flow

• Information Flow

• Value Flow

Which of the following is an external driver for SCM

• Political

• Economical

• Demographic

• All of the above

___________________________involves identifying prospective distributors and suppliers and determining their effectiveness and accessibility.

• Logistics management

• SCM

• Product Management

• Customer management

______________deals with the management of product returns, recycling, refurbishing, and disposal.

• Information Logistics

• Reverse logistics

• Procurement logistics

• Inventory logistics

Macro perspective of logistics involves viewing logistics as a system within the context of the overall ________________

• Economy, society, and environment

• Economy

• Society

• Environment