Supply Chain Management vs Logistics Quiz

The formation of alliances between companies was a key factor in the shift from logistics to Supply Chain Management (SCM).

Silo thinking is a key success factor in many markets.

The advent of advanced technologies, such as RFID and GPS, has enabled real-time tracking and optimization across the entire supply chain.

Supply Chain Management (SCM) evolved primarily to address immediate needs in the movement of goods.

Integrated inventory management can be a source of cost savings and efficiency gains.

Supply chain management involves the integration of procurement, production, and distribution functions to respond to changing market demands.

The supply chain is a system of networks between the final consumer and the original vendor.

The logistics concept represents a logical extension of the supply chain management perspective.

The integration of separate tasks in supply chain management has decreased over time.

International logistics involves the transportation and shipment of goods between domestic suppliers and customers.

Zhengzhou, China, produced 300,000 iPhones per day.

The iPhone assembly process involved fewer than 400 manual steps.

UPS is not a major carrier involved in the launch of new iPhone models.

Apple has a global retail network with fewer than 500 stores in 25 countries.

Apple Stores generate low sales per square foot.

Supply Chain Management involves collaborating with internal partners only to achieve overall supply chain efficiency.

Logistics focus on enhancing the overall customer experience by managing the entire supply chain effectively.

Before the 1960s, business activities like purchasing, warehousing, and transportation were managed together as one integrated system.

The evolution of supply chain management in the 2000s included the inclusion of information technology, marketing, and sales.

Supply chain management is always smaller in scope than logistics when it comes to managing the flow of products.

Apple's product development process is decentralized, with design and engineering responsibilities spread across different countries.

Consumers have a wide range of options for configuring their iPhones, which allows Apple to diversify its supply chain.

Apple's global supply chain involves over 500 suppliers in 43 countries, covering 98% of the expenditures for materials, manufacturing, and product assembly.

Apple ensures cost efficiency in product assembly by employing a high level of automation in its manufacturing processes.

Foxconn, the main assembler of Apple products, relies on Apple for approximately 50% of its revenues.