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Which process helps in identifying supply chain inefficiencies?
Which process helps in identifying supply chain inefficiencies?A . Quality control inspectionsB . Supply chain auditsC . Marketing surveysD . Employee evaluationsView AnswerAnswer: B
How does lean manufacturing contribute to supply chain efficiency?
How does lean manufacturing contribute to supply chain efficiency?A . By increasing wasteB . By reducing production times and minimizing wasteC . By adding more production stepsD . By maintaining high inventory levelsView AnswerAnswer: B
What is a key characteristic of an agile supply chain?
What is a key characteristic of an agile supply chain?A . Inflexibility to market changesB . Rapid response to demand fluctuationsC . Long production cyclesD . High inventory levelsView AnswerAnswer: B
Which of the following best describes a supply chain control tower?
Which of the following best describes a supply chain control tower?A . A centralized logistics hubB . A platform providing endtoend supply chain visibilityC . A warehouse management systemD . An inventory control methodView AnswerAnswer: B
What role does reverse logistics play in supply chain management?
What role does reverse logistics play in supply chain management?A . Managing outbound product deliveriesB . Handling returns and recycling processesC . Optimizing forward logisticsD . Improving supplier relationshipsView AnswerAnswer: B
What is the key objective of strategic sourcing in supply chain management?
What is the key objective of strategic sourcing in supply chain management?A . Minimizing supplier diversityB . Reducing procurement costs and improving qualityC . Increasing lead timesD . Limiting supplier collaborationView AnswerAnswer: B
Which strategy helps in managing supply chain complexity?
Which strategy helps in managing supply chain complexity?A . Outsourcing logistics functionsB . Reducing product varietyC . Centralizing decisionmakingD . Implementing crossdockingView AnswerAnswer: D
Identify the key factor in effective demand forecasting within supply chains.
Identify the key factor in effective demand forecasting within supply chains.A . Product lifespanB . Historical sales dataC . Employee skill levelD . Production capacityView AnswerAnswer: B
Select the impact of effective supply chain collaboration.
Select the impact of effective supply chain collaboration.A . Increased conflict and reduced efficiencyB . Enhanced innovation and reduced costsC . Limited information sharingD . Decreased product qualityView AnswerAnswer: B
Identify the key challenge of managing global supply chains.
Identify the key challenge of managing global supply chains.A . Limited customer baseB . Increased regulatory complianceC . Simplified transportation networksD . Consistent supply chain standardsView AnswerAnswer: B
