SCMT Test 1 2025/2026 Exam Questions
and Correct Answers | New Update
logistics - 🧠ANSWER ✔✔the process of strategically managing the
procurement, movement and storage of materials, parts and finished
inventory through the organization and its marketing channels in such a
way that current and future profitability are maximized through the cost-
effective fulfillment of orders.
supply chain management - 🧠ANSWER ✔✔the management of upstream
and downstream relationships with suppliers and customers in order to
deliver superior customer value at less cost to the supply chain as a whole.
, Order cycle - 🧠ANSWER ✔✔(the most important, it represents demand)—
rate of how many times people will buy the product.
How do you predict what the demand is going to be? - 🧠ANSWER
✔✔forecasting
Replenishment cycle - 🧠ANSWER ✔✔the rate at which the retailer
purchases stock, based on the order cycle.
Production cycle - 🧠ANSWER ✔✔the rate at which the manufacturer
produces the product.
Lead time - 🧠ANSWER ✔✔amount of time when the customer places the
order to when the customer receives it.
four Rs of the principles of supply chain management - 🧠ANSWER
✔✔responsiveness, reliability, resilience, relationships
Safety stock - 🧠ANSWER ✔✔Expected number of units on hand just before
a replenishment is received and available for use or sale
the objective of walmarts early network design strategy was to: -
🧠ANSWER ✔✔locate stores close to a distribution center
and Correct Answers | New Update
logistics - 🧠ANSWER ✔✔the process of strategically managing the
procurement, movement and storage of materials, parts and finished
inventory through the organization and its marketing channels in such a
way that current and future profitability are maximized through the cost-
effective fulfillment of orders.
supply chain management - 🧠ANSWER ✔✔the management of upstream
and downstream relationships with suppliers and customers in order to
deliver superior customer value at less cost to the supply chain as a whole.
, Order cycle - 🧠ANSWER ✔✔(the most important, it represents demand)—
rate of how many times people will buy the product.
How do you predict what the demand is going to be? - 🧠ANSWER
✔✔forecasting
Replenishment cycle - 🧠ANSWER ✔✔the rate at which the retailer
purchases stock, based on the order cycle.
Production cycle - 🧠ANSWER ✔✔the rate at which the manufacturer
produces the product.
Lead time - 🧠ANSWER ✔✔amount of time when the customer places the
order to when the customer receives it.
four Rs of the principles of supply chain management - 🧠ANSWER
✔✔responsiveness, reliability, resilience, relationships
Safety stock - 🧠ANSWER ✔✔Expected number of units on hand just before
a replenishment is received and available for use or sale
the objective of walmarts early network design strategy was to: -
🧠ANSWER ✔✔locate stores close to a distribution center
