SCM 300 Exam 1 Modules 1-4 (Davila) Questions with Correct
Answers (Grade A+)
Question 1: Supply Chain Management
Answer: the management of the chain of supplies
Question 2: buy it -> make it -> move it -> sell it -> service it
Answer: SCM Flows/Strategy
Question 3: 1. cost 2. quality 3. speed/time 4. flexibility
Answer: Competitive Priorities
Question 4: value (what i get/price)
Answer: customers perspective
Question 5: productivity (what i make/cost)
Answer: organization perspective
Question 6: 1. Procurement 2. Operations 3. Logistics
Answer: SCM Key Components
Question 7: Procurement (buy it)
Answer: process of obtaining services, supplies, and equipment in conformance with corporate regulations
Question 8: Operations (make it)
Answer: makes business processes effective and efficient. They help the organization create high quality
products/ services using the fewest resources
Question 9: Logistics (move it)
Answer: developing the transportation itinerary and finding reliable transportation and storage partners, to
be able to navigate the flow of materials to the final destination
Page 1
, Question 10: purchasing -> production -> distribution -> retail sales
Answer: The Supply Chain
Question 11: The efficient integration of the Supply Chain
Answer: SCM Def
Question 12: satisfy the customer, satisfy the company, consider the future
Answer: Successful SC Manager
Question 13: sustainable long term profits and maimize ROI
Answer: Corporation Goals
Question 14: Reverse Logistics
Answer: reuse of production and materials
Question 15: 1st Tier Suppliers
Answer: a company's direct supplier. A firm that directly provides goods and/ or services to a company
Question 16: 2nd Tier Suppliers
Answer: a firm provides goods and/ or services to a company's first-tier supplier
Question 17: Downstream
Answer: direction in which products flow towards an end consumer. Direction is the right. Storage and
consolidation/sorting picking and packing, labeling
Question 18: Upstream
Answer: direction from customers to suppliers. Direction is the left central return center AKA reverse
logistics activities
Question 19: Business model
Answer: planning to purchase, transform, deliver, and sell products with intent on making a profit
Page 2
Answers (Grade A+)
Question 1: Supply Chain Management
Answer: the management of the chain of supplies
Question 2: buy it -> make it -> move it -> sell it -> service it
Answer: SCM Flows/Strategy
Question 3: 1. cost 2. quality 3. speed/time 4. flexibility
Answer: Competitive Priorities
Question 4: value (what i get/price)
Answer: customers perspective
Question 5: productivity (what i make/cost)
Answer: organization perspective
Question 6: 1. Procurement 2. Operations 3. Logistics
Answer: SCM Key Components
Question 7: Procurement (buy it)
Answer: process of obtaining services, supplies, and equipment in conformance with corporate regulations
Question 8: Operations (make it)
Answer: makes business processes effective and efficient. They help the organization create high quality
products/ services using the fewest resources
Question 9: Logistics (move it)
Answer: developing the transportation itinerary and finding reliable transportation and storage partners, to
be able to navigate the flow of materials to the final destination
Page 1
, Question 10: purchasing -> production -> distribution -> retail sales
Answer: The Supply Chain
Question 11: The efficient integration of the Supply Chain
Answer: SCM Def
Question 12: satisfy the customer, satisfy the company, consider the future
Answer: Successful SC Manager
Question 13: sustainable long term profits and maimize ROI
Answer: Corporation Goals
Question 14: Reverse Logistics
Answer: reuse of production and materials
Question 15: 1st Tier Suppliers
Answer: a company's direct supplier. A firm that directly provides goods and/ or services to a company
Question 16: 2nd Tier Suppliers
Answer: a firm provides goods and/ or services to a company's first-tier supplier
Question 17: Downstream
Answer: direction in which products flow towards an end consumer. Direction is the right. Storage and
consolidation/sorting picking and packing, labeling
Question 18: Upstream
Answer: direction from customers to suppliers. Direction is the left central return center AKA reverse
logistics activities
Question 19: Business model
Answer: planning to purchase, transform, deliver, and sell products with intent on making a profit
Page 2
