Choose the benefits of using automated warehousing systems.
Choose the benefits of using automated warehousing systems.A . Higher labor costs and slower operationsB . Improved accuracy and faster processing timesC . Increased manual intervention and human errorD . Reduced investment in technologyView AnswerAnswer: B
What is the significance of ethical sourcing in supply chains?
What is the significance of ethical sourcing in supply chains?A . Increasing supply chain risksB . Ensuring responsible and sustainable procurement practicesC . Reducing supplier accountabilityD . Ignoring environmental concernsView AnswerAnswer: B
How does crossfunctional team collaboration enhance supply chain management?
How does crossfunctional team collaboration enhance supply chain management?A . By increasing departmental silosB . By improving coordination and decisionmakingC . By reducing communicationD . By complicating project managementView AnswerAnswer: B
Which factors are considered in supply chain risk management?
Which factors are considered in supply chain risk management?A . Supplier reliability, market fluctuations, natural disastersB . Employee turnover, product development, brandingC . Marketing strategies, customer satisfaction, logisticsD . Production techniques, inventory types, warehousing costsView AnswerAnswer: A
What role does technology play in modern supply chain management?
What role does technology play in modern supply chain management?A . Reduces the need for skilled laborB . Enhances visibility and efficiency across the supply chainC . Increases costs without significant benefitsD . Limits communication between supply chain partnersView AnswerAnswer: B
Which factor contributes to successful supply chain digital transformation?
Which factor contributes to successful supply chain digital transformation?A . Maintaining outdated systemsB . Implementing advanced technologies and data analyticsC . Increasing manual processesD . Reducing IT investmentsView AnswerAnswer: B
How can companies achieve supply chain resilience?
How can companies achieve supply chain resilience?A . By eliminating all suppliersB . By building flexible and adaptable supply chain processesC . By centralizing all operationsD . By ignoring market trendsView AnswerAnswer: B
How does supply chain integration benefit companies?
How does supply chain integration benefit companies?A . By increasing independent operationsB . By reducing collaboration between departmentsC . By improving information flow and coordinationD . By lowering overall product qualityView AnswerAnswer: C
Select the main advantage of using a centralized distribution network.
Select the main advantage of using a centralized distribution network.A . Increased transportation costsB . Reduced inventory levels and faster deliveryC . Higher warehousing expensesD . More complex logistics planningView AnswerAnswer: B
Select the key elements of an effective supplier relationship management system.
Select the key elements of an effective supplier relationship management system.A . Pricing strategies, customer feedback, marketing campaignsB . Communication, performance evaluation, collaborationC . Production schedules, labor management, facility designD . Inventory levels, sales forecasting, cost accountingView AnswerAnswer: B