Sustainable Supply Chain Management

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Questions and Answers

What is the primary objective of a sustainable supply chain?

To minimize transport costs
To maximize profit
To ensure supply meets demand
To reduce environmental impact (correct)

What type of waste is caused by unnecessary movement of products?

Waiting
Defects
Motion (correct)
Overproduction

What is the purpose of maintaining a buffer stock?

To increase production capacity
To minimize transportation costs
To reduce inventory costs
To ensure availability of products (correct)

What is the primary objective of performance management in a business?

<p>To improve quality and dependability (D)</p> Signup and view all the answers

What is the term for the point of origin in a supply chain?

<p>Point of origin (A)</p> Signup and view all the answers

Study Notes

Sustainable Supply Chain

The primary objective is to create an eco-friendly system that minimizes environmental impact while meeting customer needs and ensuring economic viability.

Waste in Supply Chain

Unnecessary movement of products generates "motion waste," which contributes to inefficiencies and increased costs.

Buffer Stock

Maintaining a buffer stock serves as a safeguard against uncertainties in demand and supply, ensuring that operations can continue smoothly without interruptions.

Performance Management

The primary objective is to assess and improve the efficiency and effectiveness of business operations, aligning employee performance with strategic goals.

Point of Origin in Supply Chain

The term for the point of origin is "supply chain node," which refers to where materials or products are first sourced or produced before moving through the supply chain.

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Description

This quiz covers the key concepts of sustainable supply chain management, including close-loop supply chain, point of origin, and supply chain operations. It also touches on the importance of quality, dependability, and speed in business management.