Which of the following sequence is true?
A. Sourcing → Inbound logistics → Conversion into finished goods → Outbound logistics → Retailing
B. Sourcing → Conversion into finished goods → Inbound logistics → Outbound logistics → Retailing
C. Inbound logistics → Sourcing → Conversion into finished goods → Outbound logistics → Retailing
D. Sourcing → Inbound logistics → Outbound logistics → Conversion into finished goods → Retailing
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The objective of a supply chain is:
A. to improve the efficiency across the whole supply chain
B. to improve responsiveness across the whole supply chain
C. to deliver improved value to the customers
D. a, b & c above
Which of the following statements is true?
A. Dell supply chain believed in medium-term relationship with the suppliers with loosely held supplier network.
B. Toyota supply chain believed in medium-term relationship with the suppliers with loosely held supplier network.
C. Ford supply chain is both highly efficient as well as highly responsive.
Dell supply chain is both highly efficient as well as highly responsive
E. Dell supply chain propagated the concept of long-term relationship with the suppliers.
In today’s supply chain, there has been a shift in the power structure in a chain towards
A. Retailers
B. Raw-material suppliers
C. Manufacturers
Distributors
E. Third-party logistics service providers
Which of the following statements is true regarding outsourcing?
A. Higher level of outsourcing enables a firm to have better control on all outsourced activities.
B. Higher level of outsourcing makes a firm more vulnerable to outside influences.
C. Higher level of outsourcing enables a firm to outsource core activities to other competent players.
D. Higher level of outsourcing enables a firm to outsource non-core activities to other competent players.
E. b & d above
F. a & c above
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