Logistics play a key role both externally, by _____________________________ and
internally, by _______________________ - ANSWER satisfying customers' needs and
expectations; leading to efficiency supply chain performance
Each of the following is one of the five basic functions of the SCOR model except -
ANSWER operate
__________________________ integration is the process of coordinating the physical
flow of materials. ___________________integration is the process of managing
information, physical goods, and services. - ANSWER supply chain; value chain
_____________________________________________ and
____________________________________ are both examples of the responsibilities
of a logistics manager regarding purchasing transportation services. - ANSWER
selecting appropriate modes of shipment and a mix of specific carriers; negotiating
transportation rates
In supply chains such as B2C and G2C, C stands for ________________ and G stands
for _______________ - ANSWER customer; government
All of the following are true about supply chains in e-commerce EXCEPT - ANSWER
B2B commerce focuses on selling between government and business
___________________________ is how quickly goods are moving through the supply
chain. The ________________________ is the average time to convert a dollar spent
to acquire raw materials into a dollar collected for a finished good. - ANSWER inventory
turnover; cash-to-cash conversion cycle
inventory turnover (IT) = - ANSWER cost of goods sold / average inventory value
All of the following are activities included in reverse logistics EXCEPT - ANSWER
assembly of raw materials
Domestically, most consumer items are shipped by all of the following methods
EXCEPT - ANSWER pipelines
All of the following are true about order amplification EXCEPT - ANSWER a distributor
might order extra raw materials or parts
Equipment shortage is an example of a(n) ___________________ risk. Poor
transportation infrastructure by country is an example of a(n) ____________ risk. -
ANSWER capacity; logistics and scheduling