Podcast
Questions and Answers
What is one of the key flows that logistics is concerned with managing?
What is one of the key flows that logistics is concerned with managing?
- Both material flow of physical goods and information flow of demand data (correct)
- Information flow of demand data only
- Supply chain development
- Material flow of physical goods only
What does each partner in a supply chain directly contribute to?
What does each partner in a supply chain directly contribute to?
- Improving supply chain efficiency
- Adding value to the product (correct)
- Planning and controlling material flow
- Managing returns
What does supply chain management involve according to the text?
What does supply chain management involve according to the text?
- Only managing the distribution of products from distribution centres to stores
- Only controlling all processes from raw material production to purchase by the end-user
- Making a plan that defines how much of each product should be bought, made, distributed, and sold (correct)
- Transforming inputs into outputs in the form of goods and services
What is the main task of network and capacity planning in the Tesco UK supply chain?
What is the main task of network and capacity planning in the Tesco UK supply chain?
In supply chain management, what does 'controlling' refer to?
In supply chain management, what does 'controlling' refer to?
What are the partners in a supply chain responsible for?
What are the partners in a supply chain responsible for?
What is the main purpose of a supply chain?
What is the main purpose of a supply chain?
Why must Tesco ensure that products wanted by customers are available at all times?
Why must Tesco ensure that products wanted by customers are available at all times?
Why does Tesco need to align its logistics strategies across the supply chain?
Why does Tesco need to align its logistics strategies across the supply chain?
How does Tesco compete in the marketplace according to the text?
How does Tesco compete in the marketplace according to the text?
What is the significance of material flow and information flow in the supply chain?
What is the significance of material flow and information flow in the supply chain?
How does logistics contribute to Tesco's success in a competitive market?
How does logistics contribute to Tesco's success in a competitive market?
