SCMN 2150 Exam 1 Practice Test with 200
Questions and Correct Verified Answers /
2026 SCMN 2150 Latest Practice Exam 2026/
Supply Chain Management Exam 1
5 steps to adopting a supply chain persepective
..........ANSWER.......develop the vision
establish commitment
marshal the resources
get the ball rolling
monitor the results
who announces the global supply chain top 25
..........ANSWER.......Gartner, Inc.
top 5 supply chain orginizations for 2023
..........ANSWER.......Schneider electric
Cisco systems
Colgate-Palmolive
Johnson & Johnson
PepsiCo
Know both the technical and "mom's" definition of supply chain
management ..........ANSWER.......SCM includes all the activities
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that take place to get a product in your hands - from the time of
raw material extraction to the minute you pull out your credit card
and take the final product home.
moms definition - cscmp
What are the five primary groups involved in SCM?
..........ANSWER.......supplier
manufactoer
distributor
retailer
consumer
What are the three flows involved in SCM?
..........ANSWER.......product
information
money
Know which essential processes of SCM are associated with Plan,
Buy, Make, Move, and Service ..........ANSWER.......planning and
forecasting
supply managment and procurement
operations managment and production
logistics and transportation
post sales support
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Know that supply chains are not a linear line as depicted for
teaching purposes. They aremuch more complex, and their
structure is more spider web like ..........ANSWER.......it aint easy
being cheesy
Know that companies care about supply chain management
because it allows them to create a competitive advantage
..........ANSWER.......Supply chain management creates advantages
for companies by allowing them to manage their materials,
products, and information flows better, faster, and cheaper than
the competition
Know the seven keys of facility location. Be able to briefly describe
each "key." ..........ANSWER.......land
labor
capital
sources of supply
production
markets
logistics
What are the classic economic factors for facility location?
..........ANSWER.......land
labor
capital
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what are the links? ..........ANSWER.......The transportation
method used to connect the nodes (plants, warehouses, stores) in
a supply chain
what are nodes? ..........ANSWER.......A fixed point in a supply
chain where valued-added processes take place. Goods are
processed, transformed, mixed, held, or sold at nodes
Know the 6 primary types of links ..........ANSWER.......truck
train
airplane
ships
pipelins
internet
what are centralized supply chains ..........ANSWER.......Activities
are concentrated at a single node. The network isdesigned around
it. Example: L.L. Bean
what are decentralized supply chains ..........ANSWER.......Similar
activities taleplace at multiple regionalnodes that make up
theoverall network. Example: Kroger
advantages of a centralized supply chain
..........ANSWER.......lower inventory and Safety Stock levels
Better visibility