MSSC CLA Practice 1 (Questions with complete answers)

Supply Chain correct answers A network of connected facilities, transportation lanes and information systems Supply Chain Logistics correct answers The link betweek facilities within the supply chain and the flow and reverse flow and storage of goods, services and related information Global Supply Chain Logistics correct answers The process of moving materials and information across international boundaries within a global network of connected facilities Supply Chain Logistics Life Cycle correct answers A product moving through the supply chain logistics process from the beginning to end of a product's life Raw Materials Inventory correct answers Materials ready for use in production Work in Process inventory correct answers All the materials currently being processed Finished goods inventory correct answers All the materials ready for storage or shipment In-transit inventory correct answers Products that are in the process of being transported from a supplier to a customer Customer correct answers Drives the supply chain logistics process Supply correct answers Sourciing and building product inventory Warehouse Distribution Center correct answers Focuses on recieving, stocking, order processing and shipping