MGT 6201 SUPPLY CHAIN EXAM
COMPLETE STUDY GUIDE WITH
PRACTICE QUESTIONS, ANSWERS
AND COMPREHENSIVE SUPPLY
CHAIN MANAGEMENT REVIEW
Updated 2026 Questions and Answers | 100% Verified
Exam Prep
, Operations and supply chain managers... focus on how to develop capabilities to design, produce, and deliver products and
services in a competitive market
Capabilities drive performance including: Products and service features, costs, quality, time to market, ability to innovate
6 primary processes Plan, Source, make, deliver, return, engage
Supply chain Raw material extractors, Raw material Fabricators, component manufacturer, final
product manufacturer, wholesaler, retailer, consumer
Consequences of poor supply chain Loss of productivity, customer complaints, increased costs, loss of revenue, damage to
brand
Top five challenges (supply chain) Hiring qualified workers, customer demands for low costs, customer demand for faster
response, increasing competitive intensity, forecasting
Hierarchy of decisions Supply chain strategy (long-term, competitive); supply chain operations planning
(medium /short term, Tactical); supply chain execution (short-term / real time,
operational)
Long-term Network configuration, supply chain model, Outsourcing, vertical integration
Medium term Lean, S&OP, Inventory management
Short-term Scheduling (people, equipment, product)
Efficient supply chain model (cost focus) Supply predictable demand efficiently at the lowest possible cost; capacity strategy:
maintain High average utilization rate; inventory strategy: generate High turnover and
minimize inventory; lead time strategy: reduce lead time as long as it doesn't increase
cost; supplier capability: select primarily for cost and quality; logistics strategy: greater
Reliance on low-cost mode
Responsive supply chain model (speed focus) Respond quickly to unpredictable demand in order to minimize stockouts, lost sales,
markdowns, and obsolete inventory; capacity strategy: deploy excess buffer capacity;
inventory strategy: deploy significant buffer / Safety stock; lead time strategy: invest
aggressively in ways to reduce lead time; supplier capability: select primarily for speed,
flexibility, and quality; Logistics strategy: greater Reliance on fast/speedy modes
COMPLETE STUDY GUIDE WITH
PRACTICE QUESTIONS, ANSWERS
AND COMPREHENSIVE SUPPLY
CHAIN MANAGEMENT REVIEW
Updated 2026 Questions and Answers | 100% Verified
Exam Prep
, Operations and supply chain managers... focus on how to develop capabilities to design, produce, and deliver products and
services in a competitive market
Capabilities drive performance including: Products and service features, costs, quality, time to market, ability to innovate
6 primary processes Plan, Source, make, deliver, return, engage
Supply chain Raw material extractors, Raw material Fabricators, component manufacturer, final
product manufacturer, wholesaler, retailer, consumer
Consequences of poor supply chain Loss of productivity, customer complaints, increased costs, loss of revenue, damage to
brand
Top five challenges (supply chain) Hiring qualified workers, customer demands for low costs, customer demand for faster
response, increasing competitive intensity, forecasting
Hierarchy of decisions Supply chain strategy (long-term, competitive); supply chain operations planning
(medium /short term, Tactical); supply chain execution (short-term / real time,
operational)
Long-term Network configuration, supply chain model, Outsourcing, vertical integration
Medium term Lean, S&OP, Inventory management
Short-term Scheduling (people, equipment, product)
Efficient supply chain model (cost focus) Supply predictable demand efficiently at the lowest possible cost; capacity strategy:
maintain High average utilization rate; inventory strategy: generate High turnover and
minimize inventory; lead time strategy: reduce lead time as long as it doesn't increase
cost; supplier capability: select primarily for cost and quality; logistics strategy: greater
Reliance on low-cost mode
Responsive supply chain model (speed focus) Respond quickly to unpredictable demand in order to minimize stockouts, lost sales,
markdowns, and obsolete inventory; capacity strategy: deploy excess buffer capacity;
inventory strategy: deploy significant buffer / Safety stock; lead time strategy: invest
aggressively in ways to reduce lead time; supplier capability: select primarily for speed,
flexibility, and quality; Logistics strategy: greater Reliance on fast/speedy modes
