Are You a Supply Chain Management Expert?
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Questions and Answers

Which one of the following is the main objective of supply chain management?

  • To manage all the resources required for designing products and providing services
  • To design a strategy that yields maximum profit
  • To monitor and relate production, distribution, and shipment of products and services (correct)
  • To develop a plan or strategy to address how the products and services will satisfy the demands and necessities of the customers
  • What is the initial stage of the supply chain process?

  • Distribution stage
  • Production stage
  • Planning stage (correct)
  • Sales stage
  • What does supply chain management mainly focus on?

  • Managing internal inventories, production, distribution, and sales
  • Shipping products and services to the customers
  • Planning and developing a set of metrics (correct)
  • Developing a strategy that yields maximum profit
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