10 Questions
What is a relevant characteristic of the heuristic approach to network design?
Can accommodate sensitivity analysis
What is NOT a requirement for the development of strategic logistics plan?
An understanding of the financial strategy
Why would a company purchase from a small business (SME)?
It is more cost-effective
What determines the manner in which personnel respond to ethical situations in the supply chain?
Cultural environment
What is a major locational determinant in supply chain management?
Proximity to customers
What is a potential benefit of shipping in terms of inventory?
Centralising inventories at the manufacturer
What cost reduction can be expected from a distribution network with distributor storage with carrier delivery?
Lower transport costs
What is a characteristic of a distribution network with manufacturer/distributor storage with customer pickup?
Easy returnability
What is true about online sales of physical products?
Response time is long
What are the three key aspects of customer experience in online sales?
Cost, access, convenience
Test your knowledge of inventory management and distribution strategies. This quiz covers the benefits of shipping and cost impacts of different distribution networks.
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