TRANSPORTATION A GLOBAL SUPPLY
CHAIN PERSPECTIVE EXAM SCRIPT
COMPREHENSIVE STUDY GUIDE
●● Supply Chain Management (SCM)
Answer: The planning, supervising, and execution of the supply chain
system.
●● Supply
Answer: Quantity of a product available for sale.
●● Demand
Answer: Desire and ability of buyers to purchase a product.
●● Macro factors
Answer: The 'big picture' factors impacting the supply chain.
●● Trade rules
Answer: Countries set rules that impact international markets.
●● Taxes
Answer: Sales taxes, money paid to government, and tariffs.
, ●● Infrastructure
Answer: Roads, bridges, buildings, and other systems that affect how
goods are shipped.
●● Global marketplace
Answer: Events such as war and fuel/gas conditions can affect supply
chains.
●● Micro factors
Answer: Local production and operating conditions.
●● Labor costs
Answer: As labor costs increase, outsourcing may become more likely.
●● Production efficiency
Answer: How quickly products are being made.
●● Number of providers
Answer: More providers generally create more competition.
●● Income of buyers
Answer: A factor that impacts supply and demand.
CHAIN PERSPECTIVE EXAM SCRIPT
COMPREHENSIVE STUDY GUIDE
●● Supply Chain Management (SCM)
Answer: The planning, supervising, and execution of the supply chain
system.
●● Supply
Answer: Quantity of a product available for sale.
●● Demand
Answer: Desire and ability of buyers to purchase a product.
●● Macro factors
Answer: The 'big picture' factors impacting the supply chain.
●● Trade rules
Answer: Countries set rules that impact international markets.
●● Taxes
Answer: Sales taxes, money paid to government, and tariffs.
, ●● Infrastructure
Answer: Roads, bridges, buildings, and other systems that affect how
goods are shipped.
●● Global marketplace
Answer: Events such as war and fuel/gas conditions can affect supply
chains.
●● Micro factors
Answer: Local production and operating conditions.
●● Labor costs
Answer: As labor costs increase, outsourcing may become more likely.
●● Production efficiency
Answer: How quickly products are being made.
●● Number of providers
Answer: More providers generally create more competition.
●● Income of buyers
Answer: A factor that impacts supply and demand.
