5 Questions
Which stage of the supply chain is responsible for sourcing raw material inputs?
Suppliers
Which activities refer to the distribution of the product to the final customer?
Downstream supply
What is the Bullwhip Effect in supply chain management?
The fluctuation and distortion of information increases as it moves up the supply chain
Which action can combat the Bullwhip Effect in supply chain management?
Sharing point-of-sale information with all members of the supply chain
What is the purpose of Supply Chain Management (SCM)?
Design and management of flows of products, information, and funds throughout the supply chain
Test your knowledge of Supply Chain Management (SCM) with this quiz! Learn about the stages of the supply chain and how to manage flows of products, information, and funds. Challenge yourself to understand the role of suppliers, manufacturers, wholesalers, retailers, and customers in the supply chain. Take the quiz now and enhance your understanding of SCM!
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free
