An Informative Quiz On Supply Chain Management

10 Questions | Total Attempts: 128

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Supply Chain Quizzes & Trivia

It needs a lot of managerial skills to attain the necessary outcomes of customer demand. The skill set is achieved by thoroughly probing the supply and demand facets of the market. The following quiz is designed to test your intelligence on the supply chain management system in a market. Let's see how much you can score. All the best!


Questions and Answers
  • 1. 
    Supply chain is a complex system with several partners involved. Is [ The statement here] true or false?
    • A. 

      True

    • B. 

      False

  • 2. 
    Supply chain is involved with managing and collaborating activities among retailers and customers.
    • A. 

      True

    • B. 

      False

  • 3. 
    Supply chain helps maximize the total value of the systems.
    • A. 

      True

    • B. 

      False

  • 4. 
    Supply chain includes two flow of resources.
    • A. 

      True

    • B. 

      False

  • 5. 
    Which of the following statements is true?
    • A. 

      Supply chains are only used products for perishable.

    • B. 

      Every product type has a unique and dedicated supply chain.

    • C. 

      Every product is part of multiple supply chains.

    • D. 

      Supply chains for high fashion women’s shoes have nothing in common with that for bananas.

  • 6. 
    When people talk about a firm’s 'first tier' or ‘tier one’ suppliers, they mean:
    • A. 

      Those suppliers that are first to the market.

    • B. 

      Those suppliers that are that firm’s number 1 priority.

    • C. 

      Those suppliers that are also that firm’s customers.

    • D. 

      Those suppliers that sell directly to that firm.

  • 7. 
    The direction of a flow in a supply chain is often compared to a river, where:
    • A. 

      Suppliers are constantly moving downstream with their customers.

    • B. 

      Upstream is closer to the customer and downstream is closer to the supplier.

    • C. 

      Downstream is closer to the customer and upstream is closer to the supplier.

    • D. 

      The direction of the stream will depend on the type of product and supplier.

  • 8. 
    Which of the following statements is true?
    • A. 

      Supply chains are only used for perishable products.

    • B. 

      Every product type has a unique and dedicated supply chain.

    • C. 

      Every product is part of multiple supply chains and complex.

    • D. 

      Supply chains for high fashion women’s shoes have nothing in common with that for bananas.

  • 9. 
    What are the type flow of resources in the supply chain ? (Could be more than one)
    • A. 

      Material flow

    • B. 

      Work flow

    • C. 

      Information flow

    • D. 

      Financial flow

  • 10. 
    Why SCOR is needed for companies? ( Choose the best one)
    • A. 

      The companies need to follow the standard processes.

    • B. 

      Standard metrics are available to measure process performance.

    • C. 

      In order to perform in an effective execution on their supply chain.

    • D. 

      To define the standard framework

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