Exam 1: Introduction to Supply Chain Management

_ Small events such as weather and traffic problems which can impact deliveries are a part of supply chain risk.

According to the textbook,supply chains include raw material suppliers,intermediate component manufacturers,end-product manufacturers,wholesale distributors,retailers and end-product consumers.

Trends in supply chain management include a change or realignment of the competitive strategies employed among at least some of the participating firms.

Formal organizational charts portray the entirety of the workings of an organization.

According to the textbook,'integration' is one of the four supply chain elements.

There is a definitive and prescriptive set of supply chain measures that result in one best way to measure supply chain performance.

_____ schedules the firm's output;while _____ is the process of taking demand data and developing a supply,production,and logistics network capable of satisfying demand requirements.

Which of the following is similar to a travel agent for cargo since they provide services like documentation completion,special rate handling,and customs clearance,in addition to their consolidating of small shipments to fill entire truckloads?

International intermediaries can provide shipping,consolidation,and other import and export services.Some examples of these international intermediaries include: foreign freight forwarders,NVOCCs,FTZs,and TOFCs.

Trends in supply chain management include expansion of the supply chain and decreasing supply chain visibility.

Which of the following is NOT a characteristic of cost-of-service pricing?

According to the textbook,conditions which must be present for successful supply chain management include:

An internal or external event that causes a disruption or failure of supply chain operations is an example of

_____ helps ensure that customers receive material when and where they require it and represents the key link between the producer and the external customer.