Podcast
Questions and Answers
What is the primary goal of a supply chain?
What is the primary goal of a supply chain?
- Maximizing profit for the manufacturer
- Minimizing costs for the customer
- Fulfilling a customer request (correct)
- Optimizing warehouse operations
Which function is NOT typically part of a supply chain within an organization like a manufacturer?
Which function is NOT typically part of a supply chain within an organization like a manufacturer?
- Research & Development
- Marketing
- Quality Control (correct)
- Finance
In the context of supply chain, what is meant by the push/pull views?
In the context of supply chain, what is meant by the push/pull views?
- Push views emphasize forecasting, while pull views react to demand. (correct)
- Push views involve immediate delivery, while pull views delay fulfillment.
- Push views focus on long-term strategy, while pull views are short-term oriented.
- Push views promote collaboration, while pull views prioritize competition.
Which party is typically NOT involved in the stages of a supply chain?
Which party is typically NOT involved in the stages of a supply chain?
How are products, information, and funds primarily linked between different stages in a supply chain?
How are products, information, and funds primarily linked between different stages in a supply chain?
What does a dynamic supply chain involve primarily?
What does a dynamic supply chain involve primarily?
What is the main objective of every supply chain?
What is the main objective of every supply chain?
How is supply chain success best measured?
How is supply chain success best measured?
What is the relationship between value generated and supply chain profitability?
What is the relationship between value generated and supply chain profitability?
What is the source of revenue for any supply chain?
What is the source of revenue for any supply chain?
What does effective supply chain management involve?
What does effective supply chain management involve?
Why are the management of supply chain flows important for success?
Why are the management of supply chain flows important for success?
