Supply Chain Manager Exam: Trivia Quiz!

Reviewed by Editorial Team
The ProProfs editorial team is comprised of experienced subject matter experts. They've collectively created over 10,000 quizzes and lessons, serving over 100 million users. Our team includes in-house content moderators and subject matter experts, as well as a global network of rigorously trained contributors. All adhere to our comprehensive editorial guidelines, ensuring the delivery of high-quality content.
Learn about Our Editorial Process
| By AdewumiKoju
A
AdewumiKoju
Community Contributor
Quizzes Created: 809 | Total Attempts: 1,195,838
| Attempts: 919
SettingsSettings
Please wait...
  • 1/10 Questions

    Supply Chain Management involves the following except what?

    • Designing
    • Planning
    • Globalization
    • Monitoring
Please wait...
About This Quiz

The Supply Chain Manager Exam Prep is designed to help prepare you for supply chain management certification exams such as Certified Supply Chain Professional Certification (CSCP), Certified Professional in Supply Management (CPSM), and Council of Supply Chain Management Professionals (CSCMP). The quiz highlights the basic concepts of the supply chain, components, and the processes involved in supply chain management.

Supply Chain Manager Exam: Trivia Quiz! - Quiz

Quiz Preview

  • 2. 
    Which is the correct order of the 5 essential stages of supply-chain management? - ProProfs

    Which is the correct order of the 5 essential stages of supply-chain management?

    • Source. Make. Plan. Deliver. Return.

    • Plan. Source. Make. Deliver. Return.

    • Plan. Make. Source. Deliver. Return.

    • Source. Plan. Make. Deliver. Return.

    Correct Answer
    A. Plan. Source. Make. Deliver. Return.
    Explanation
    The correct order of the 5 essential stages of supply-chain management is Plan, Source, Make, Deliver, Return. This order follows a logical sequence of steps in managing the supply chain. First, planning is done to determine the requirements and objectives. Then, sourcing is carried out to identify and select suppliers. After that, the manufacturing or making process takes place. Next, the products are delivered to the customers. Finally, the return stage involves managing any product returns or exchanges.

    Rate this question:

  • 3. 
    Which term is often confused with supply-chain management? - ProProfs

    Which term is often confused with supply-chain management?

    • Operations

    • Strategy

    • Logistics

    • Regimentation

    Correct Answer
    A. Logistics
    Explanation
    Logistics is often confused with supply-chain management because both terms are related to the movement and management of goods and resources. While supply-chain management focuses on the entire process of planning, sourcing, manufacturing, and delivering products to customers, logistics specifically refers to the transportation, storage, and distribution of goods. The confusion arises because logistics is a key component of supply-chain management, but they are not interchangeable terms. Operations, strategy, and regimentation are not directly related to supply-chain management and therefore less likely to be confused with it.

    Rate this question:

  • 4. 
    Supply chain consulting is the provision of expert knowledge, assessment of a supply chain's productivity, and proffering solutions that will improve the effectiveness and productivity of a supply chain. - ProProfs

    Supply chain consulting is the provision of expert knowledge, assessment of a supply chain's productivity, and proffering solutions that will improve the effectiveness and productivity of a supply chain.

    • Always true

    • True, but not always

    • Completely false

    • Depends on the type of supply chain

    Correct Answer
    A. Always true
    Explanation
    Supply chain consulting involves providing expert knowledge, evaluating the efficiency of a supply chain, and offering solutions to enhance its effectiveness and productivity. This statement implies that supply chain consulting is consistently true and applicable in all situations.

    Rate this question:

  • 5. 
    What is the process through which information shared between supply chain partners is properly utilized to effectively complete the supply chain process? - ProProfs

    What is the process through which information shared between supply chain partners is properly utilized to effectively complete the supply chain process?

    • Process Optimization

    • Supply Process

    • Process Integration

    • Process Imitation

    Correct Answer
    A. Process Integration
    Explanation
    Process integration is the correct answer because it refers to the process through which information shared between supply chain partners is properly utilized to effectively complete the supply chain process. This involves the seamless integration of various activities, systems, and processes across different partners in the supply chain, enabling efficient coordination and collaboration. By integrating processes, supply chain partners can streamline operations, improve communication, and enhance overall performance, resulting in better utilization of shared information and more effective completion of the supply chain process.

    Rate this question:

  • 6. 
    What is the additional revenue over and above the costs of building a supply chain network? - ProProfs

    What is the additional revenue over and above the costs of building a supply chain network?

    • Value

    • Reverse Supply Chain

    • Integration

    • Cross-border Sourcing

    Correct Answer
    A. Value
    Explanation
    The additional revenue over and above the costs of building a supply chain network is referred to as "value". This indicates that the supply chain network is generating more revenue than the expenses incurred in its construction. Value can be achieved through various means such as efficient operations, cost savings, improved customer satisfaction, and increased market share. It is an important metric for measuring the success and profitability of a supply chain network.

    Rate this question:

  • 7. 
    The components of Supply Chain Management include the following except? - ProProfs

    The components of Supply Chain Management include the following except?

    • Planning and Control

    • Organization Structure

    • Risk and Reward Structure

    • Process Re-engineering

    Correct Answer
    A. Process Re-engineering
    Explanation
    Process re-engineering is not a component of supply chain management. Supply chain management focuses on planning and control, organization structure, and risk and reward structure to optimize the flow of goods, services, and information from the point of origin to the point of consumption. Process re-engineering, on the other hand, refers to the fundamental rethinking and redesign of business processes to achieve dramatic improvements in performance. Although it can be a part of supply chain management initiatives, it is not specifically listed as a component in this question.

    Rate this question:

  • 8. 
    What is the main importance of Supply Chain Management? - ProProfs

    What is the main importance of Supply Chain Management?

    • To manage workforce effectively

    • To enable an organization compete healthily in International Markets

    • To be able to withstand harsh economy

    • To checkmate fraud and irregularities in company's activities

    Correct Answer
    A. To enable an organization compete healthily in International Markets
    Explanation
    Supply Chain Management is crucial for enabling an organization to compete healthily in international markets. It involves the coordination and integration of various activities such as sourcing, production, logistics, and distribution, which ensures the timely delivery of products or services to customers. By effectively managing the supply chain, organizations can enhance their operational efficiency, reduce costs, improve customer satisfaction, and gain a competitive advantage in the global market. It also helps in mitigating risks, adapting to changing customer demands, and exploring new market opportunities, thus enabling organizations to expand their presence and succeed in international markets.

    Rate this question:

  • 9. 
    What is another term for supply chain coordination? - ProProfs

    What is another term for supply chain coordination?

    • Channel coordination

    • Distribution coordination

    • Sales coordination

    • Coordinated chain

    Correct Answer
    A. Channel coordination
    Explanation
    Channel coordination refers to the process of managing and aligning activities across different entities in a supply chain to achieve common goals. It involves collaboration and communication between manufacturers, suppliers, distributors, and retailers to ensure smooth flow of products and information. This term emphasizes the importance of coordinating activities within the channel to optimize efficiency, minimize costs, and enhance customer satisfaction.

    Rate this question:

  • 10. 
    "Ultimately it is the customer who pays the price for service delivered that confirms the value and not the producer who simply adds cost until that point." Who made this statement? - ProProfs

    "Ultimately it is the customer who pays the price for service delivered that confirms the value and not the producer who simply adds cost until that point." Who made this statement?

    • Lambert Cooper

    • Gilmorte

    • Keith Oliver

    • Tony Hines

    Correct Answer
    A. Tony Hines
    Explanation
    Tony Hines made this statement. The statement emphasizes that the customer is the one who ultimately determines the value of a service based on the price they are willing to pay. It suggests that adding costs from the producer's perspective does not necessarily reflect the true value of the service, as it is the customer's perception and willingness to pay that confirms its value.

    Rate this question:

Quiz Review Timeline (Updated): Mar 21, 2023 +

Our quizzes are rigorously reviewed, monitored and continuously updated by our expert board to maintain accuracy, relevance, and timeliness.

  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Oct 23, 2018
    Quiz Created by
    AdewumiKoju
Back to Top Back to top
Advertisement
×

Wait!
Here's an interesting quiz for you.

We have other quizzes matching your interest.