QUIZ 1 (INTRODUCTION TO SCM)

Supply Chain Management is about three main phases. These are:

In the video that we have watched about SCM in a cruise ship, there are:

The third component of supply chain management is:

True or False: Sourcing is a process phase of supply chain management

True or False: Delivering is under an outbound phase of supply chain management.

True or False: Planning is under an outbound phase of supply chain management.

__________ also refers to the flow of materials, information, payments, and services from raw materials suppliers, through factories and warehouses, to the end customers

The supply chain begins with:

The goal of supply chain management is to improve the following except

True or False: In anticipation of the right amount of inventory, sales forecast and actual orders can be used.

True or False: To achieve the goal of stability, consistency should be employed in the company's operation.

True or False: The goal of stability is about the total customer's positive experience and satisfaction.

Finding the appropriate suppliers who can deliver the quality and quantity you 

require at a price point that allows you to make a profit is called ____________.

Every activity that revolves around identifying and assessing potential suppliers, as well as selecting and engaging with an appropriate supplier who offers the best 

value is included in the _________________ process.

In a supply chain context, a manufacturer's products may be returned from intermediaries or they may be consumers.