Supply Chain Management Strategies
18 Questions
0 Views

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to lesson

Podcast

Play an AI-generated podcast conversation about this lesson

Questions and Answers

What is a key benefit of effective supply chain management in terms of customer satisfaction?

  • Reducing inventory costs
  • Maximizing profit and minimizing waste
  • Enhancing overall customer satisfaction (correct)
  • Implementing a framework of concentration

    • What is the primary role of technology in global logistics and supply chains?

  • Recognizing and handling risks involved
  • Complying with international regulations
  • Forecasting demand accurately
  • Optimizing global logistics and supply chains (correct)

    • What is the main difference between global supply chain management and local supply chain management?

  • The level of technology used
  • The type of products or services offered
  • The geographic scope of operations (correct)
  • The level of profit maximization

    • How does The Coca-Cola Company manage its global supply chain?

    <p>By keeping every aspect in-house</p> Signup and view all the answers

    What is the primary goal of global supply chain management in terms of cost leadership?

    <p>Maximizing profit and minimizing waste</p> Signup and view all the answers

    What is the key to successful global supply chain management according to the text?

    <p>All of the above</p> Signup and view all the answers

    What is the primary advantage of AI-driven quality control optimization?

    <p>Reducing rework costs and enhancing customer satisfaction</p> Signup and view all the answers

    Which of the following is an autonomous decision made possible by AI systems?

    <p>Order routing and transportation optimization</p> Signup and view all the answers

    What is the primary focus of international supply chain management?

    <p>Coordinating activities with suppliers, manufacturers, distributors, and retailers globally</p> Signup and view all the answers

    How does AI-driven quality control optimization improve overall manufacturing efficiency?

    <p>By improving product quality and reducing waste</p> Signup and view all the answers

    What is the primary benefit of automating routine and repetitive decisions across the supply chain?

    <p>Reducing errors and improving efficiency</p> Signup and view all the answers

    What is the ultimate outcome of AI-driven supply chain optimization?

    <p>Improved efficiency and responsiveness to changing market conditions</p> Signup and view all the answers

    What is the primary consequence of effective supply chain management in today's business landscape?

    <p>Heightened customer satisfaction and a sustainable competitive edge</p> Signup and view all the answers

    What is a key characteristic of the supply chain besides involving suppliers, manufacturers, distributors, retailers, and customers?

    <p>It is a multifaceted network</p> Signup and view all the answers

    What is a potential outcome of inefficient supply chain management?

    <p>Reduced competitiveness</p> Signup and view all the answers

    What is an example of a company that has demonstrated the benefits of adept supply chain management?

    <p>Apple, Tesla, and Amazon</p> Signup and view all the answers

    What is the key driver of cost leadership in supply chain management?

    <p>Effective supply chain management</p> Signup and view all the answers

    What is the primary goal of collaborative ecosystem development in supply chain management?

    <p>To bring products and services from conception to consumption</p> Signup and view all the answers

    More Like This

    Use Quizgecko on...
    Browser
    Open
    Browser
    Browser