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Supply Chain Management (SCM) Test

Topics Covered

  • Demand Planning
  • Master Scheduling
  • Production Activity Control
  • Production Planning
  • Forecasting
  • Total Quality Management
  • Warehouse Management
  • Inventory Fundamentals
  • Ordering Quantity

Useful for hiring

  • Supply Chain Management Consultant
  • Supply Chain Management Specialist
  • Supply Chain Management Executive
  • SCM Analyst

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Question

You are working for a manufacturing company. The company has decided to use the Time Fencing technique. The primary reason for a time fence is to:

Answer
    • determine how to use the forecast.

    • manage schedule changes most effectively.

    • provide a stable schedule for the suppliers.

    • maintain a steady shipment schedule.

Question

Key to re-structuring the supply chain is the need to examine the types of relationships between partners such as suppliers and distributors. Researchers have found that low cost is the main driver in managing supply partnerships and a restructuring will often require companies to do what?

Answer
    • Develop strong partnership relationships

    • Focus on core competencies

    • Reduce their number of suppliers

    • None of the mentioned

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