Supply Chain Management (HSC SSCE Business Studies): Quizzes
📚Quizzes
Practise the questions
10 questions from this quiz
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Practise the questions
10 questions from this quiz
What are the three key aspects of supply chain management?
What are the three key aspects of supply chain management?
Logistics, e-commerce, global sourcing
What is the main trade-off with shorter distribution channels?
What is the main trade-off with shorter distribution channels?
More control but greater investment needed
Which transport mode is best for bulk commodities in international trade?
Which transport mode is best for bulk commodities in international trade?
Ship
How do distribution centres differ from traditional warehouses?
How do distribution centres differ from traditional warehouses?
They focus on rapid stock turnover
Which is a major warehousing cost that businesses must account for?
Which is a major warehousing cost that businesses must account for?
Shrinkage costs from theft or losses
What does B2B in e-commerce refer to?
What does B2B in e-commerce refer to?
Direct electronic access between businesses
Which four factors determine sourcing decisions?
Which four factors determine sourcing decisions?
Demand, quality, flexibility, cost
How long do international supply chains typically require for safe delivery planning?
How long do international supply chains typically require for safe delivery planning?
10-12 weeks
What is a key feature of e-procurement systems?
What is a key feature of e-procurement systems?
Automatic reordering when stock falls low
What are the three main stages of supply chain management?
What are the three main stages of supply chain management?
Inputs, transformation processes, outputs