Which of the following isnota benefit of SCM?
A. Higher profits
B. Lower costs
C. Boosting collaboration efforts
D. None of the above
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Which provider is most commonly used by companies to help handle standard transport and logistics functions in SCM?
A. Third-party logistics providers
B. Fourth-party logistics providers
C. Second-party logistics providers
D. Fifth-party logistics providers
Which of the following describes the typical flow of cash in the supply chain?
A. Customer to producer to supplier
B. Producer to customer to supplier
C. Supplier to producer to customer
D. Customer to supplier to producer
Supply chains create value by:
A. Increasing profitability and return to shareholders
B. Providing multiple variants of products for customers
C. Making transaction processing more efficient
Developing more accurate forecasts
Which of the following statements is true?
A. Logistics and supply chain are same.
B. Physical distribution and logistics are the same.
C. Supply chain is a subset of logistics.
D. Logistics is a subset of supply chain.
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