Logistic Challenges and Distribution Networks Quiz
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Logistic Challenges and Distribution Networks Quiz

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Questions and Answers

What are some of the logistic challenges mentioned in the text?

  • Off-peak solutions for unmanned goods reception.
  • Extended waste hierarchy and refurbishment.
  • Storage, sorting, and fall rate of transportation. (correct)
  • Intermodal transportation, BEV trucks, and warehouse electrification.

    • In an open-loop system, what does 'everything is circulated' mean?

  • Materials are always from the same supplier and product.
  • Only local 'waste' logistics are considered.
  • Materials are only transported in bulk.
  • Materials are not necessarily from the same supplier or product. (correct)

    • What does Vendor-Managed Inventory (VMI) involve?

  • The supplier manages the customer's inventory and replenishes stock when needed. (correct)
  • The customer manages the supplier's inventory and orders stock when needed.
  • The inventory is managed by a third-party logistics center.
  • The supplier owns the inventory held by the customer.

    • Which aspect is a logistic challenge in business-to-business (B2B) distribution?

    <p>Cleanliness/quality assurance.</p> Signup and view all the answers

    What is Consignment Stock in the context of inventory management?

    <p>Inventory held by a customer but owned by the supplier until used or sold.</p> Signup and view all the answers

    What does the extended waste hierarchy prioritize over disposal?

    <p>Waste prevention, reuse, and recycling.</p> Signup and view all the answers

    What characterizes an 'Arm’s Length' supplier relationship?

    <p>Competitive with a power struggle.</p> Signup and view all the answers

    How does circular economy promote a more sustainable approach to managing waste?

    <p>By facilitating efficient flow in logistics and supply chain management.</p> Signup and view all the answers

    What distinguishes 'Partnership' supplier relationships in the context of supply chain competitiveness?

    <p>Collaborative with win/win outcomes.</p> Signup and view all the answers

    Which of the following describes a 'Traditional' supplier relationship?

    <p>Large batches, arrival checks, and occasional contacts in ordering.</p> Signup and view all the answers

    In the context of inventory management, what is an associated supplier known for?

    <p>Periodic reviews, collaboration, and information sharing.</p> Signup and view all the answers

    What is the main purpose of master planning?

    <p>To produce a master plan considering existing capacity and customer orders</p> Signup and view all the answers

    What is the primary goal of capacity planning?

    <p>To balance access to and need for capacity</p> Signup and view all the answers

    What is a benefit of single sourcing according to the text?

    <p>Provides greater opportunities to build relationships with suppliers</p> Signup and view all the answers

    What is modularization in the context provided?

    <p>Dividing products into standardized parts that can be combined</p> Signup and view all the answers

    What causes demand variations according to the text?

    <p>Price variations due to offers and promotions</p> Signup and view all the answers

    What is the Quantity gap mentioned in the text?

    <p>Difference in quantities delivered by companies compared to individual customer purchases</p> Signup and view all the answers

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