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SCM 545 Final Exam Questions with Correct Answers Latest Update

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SCM 545 Final Exam Questions with Correct Answers Latest Update Supply chain management can best be described by _____ - Answers the management of upstream and downstream relationships with suppliers and customers to deliver superior customer value at less cost to the supply chain as a whole. Which of the following companies refers to itself as a "technology company merged with a supply chain"? - Answers Amazon How does supply chain management create value? - Answers form, time, place, exchange The "Great Divide" in supply chain management occurs between _______ - Answers demand-generating activities and demand-fulfilling activities. What megatrend will greatly challenge supply chain managers? (Select all that apply.) - Answers 1) Disruptive technology 2) Increasing gaps in talents and skills 3) Geopolitical and social changes What is the ideal situation for companies as they seek to create a competitive advantage through SCM? - Answers productivity and value leader Why has supply chain management recently received more recognition? - Answers 1) Better recognition of how supply chain creates value for a company 2)Evolution of the concept of integrated supply chain management 3)Increasing name recognition by the media and the general public All of the above Supply chains are primarily about cost reduction activities. - Answers False It is natural within organizations for functions to cooperate for the good of the overall organization. - Answers False What part of the Supply Chain Operations Reference (SCOR) model involves purchasing materials or services? - Answers Source What can arise from supply chains that produce large batch sizes with weeks or months before the customer wants the products? - Answers 1) Customers don't want the items. 2) The items are in places and at times customers don't want them. 3) Unsold products are sold at reduced prices or scrapped altogether. All are correct The concept of bending the chain refers to _____ - Answers collaborating across sourcing, manufacturing, and delivery to achieve overall goals. Which of the following would be an appropriate metric for a senior-level supply chain executive who is managing an integrated supply chain? - Answers cash-to-cash cycle Which functional organization would typically adopt the key metric of the lowest unit cost of production? - Answers manufacturing Should all customers receive the same level of customer service? - Answers No Which of the choices below is not one of the three broad types of customer classifications that can be used to help a company properly segment its supply chain? - Answers Value Which of the choices below is not one of the ways that companies can use to foster an integrated approach to supply chain management? - Answers finance-driven organization Issues of dis-integration happen both within the supply chain and in its relationship with other business functions. - Answers True The supply chain value proposition framework represents the interactions among which of the following? - Answers revenues, costs, and assets What has been the traditional top priority of supply chain organizations in most companies? - Answers cutting costs Which of these is an example of a "tax haven"? - Answers a country or jurisdiction with very low corporate taxes Which of these actions will most directly lead to more cash on hand for an organization? - Answers Reduce time for collection of accounts receivable How can a supply chain positively affect the finances of a business? - Answers 1) Increase revenue by providing better service 2) Redesign the network to better utilize company assets 3) Lower operational costs All are correct Which measurement would likely rise if the supply chain team secured a supplier that provided a new, popular technology to include in the company's product? - Answers revenue Which measurement would likely rise if the supply chain team was able to partner with a logistics provider to use the company-owned trucks and distribution center for more hours per week? - Answers asset utilization Which measurement would likely lower if the supply chain team used less raw material through an enhanced manufacturing process? - Answers costs Which of the choices would be the preferred cash conversion cycle? - Answers -2 days

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SCM 545 Final Exam Questions with Correct Answers Latest Update 2025-2026

Supply chain management can best be described by _____ - Answers the management of
upstream and downstream relationships with suppliers and customers to deliver superior
customer value at less cost to the supply chain as a whole.

Which of the following companies refers to itself as a "technology company merged with a
supply chain"? - Answers Amazon

How does supply chain management create value? - Answers form, time, place, exchange

The "Great Divide" in supply chain management occurs between _______ - Answers demand-
generating activities and demand-fulfilling activities.

What megatrend will greatly challenge supply chain managers? (Select all that apply.) - Answers
1) Disruptive technology 2) Increasing gaps in talents and skills 3) Geopolitical and social
changes

What is the ideal situation for companies as they seek to create a competitive advantage
through SCM? - Answers productivity and value leader

Why has supply chain management recently received more recognition? - Answers 1) Better
recognition of how supply chain creates value for a company

2)Evolution of the concept of integrated supply chain management

3)Increasing name recognition by the media and the general public

All of the above

Supply chains are primarily about cost reduction activities. - Answers False

It is natural within organizations for functions to cooperate for the good of the overall
organization. - Answers False

What part of the Supply Chain Operations Reference (SCOR) model involves purchasing
materials or services? - Answers Source

What can arise from supply chains that produce large batch sizes with weeks or months before
the customer wants the products? - Answers 1) Customers don't want the items.

2) The items are in places and at times customers don't want them.

3) Unsold products are sold at reduced prices or scrapped altogether.

All are correct

The concept of bending the chain refers to _____ - Answers collaborating across sourcing,

, manufacturing, and delivery to achieve overall goals.

Which of the following would be an appropriate metric for a senior-level supply chain executive
who is managing an integrated supply chain? - Answers cash-to-cash cycle

Which functional organization would typically adopt the key metric of the lowest unit cost of
production? - Answers manufacturing

Should all customers receive the same level of customer service? - Answers No

Which of the choices below is not one of the three broad types of customer classifications that
can be used to help a company properly segment its supply chain? - Answers Value

Which of the choices below is not one of the ways that companies can use to foster an
integrated approach to supply chain management? - Answers finance-driven organization

Issues of dis-integration happen both within the supply chain and in its relationship with other
business functions. - Answers True

The supply chain value proposition framework represents the interactions among which of the
following? - Answers revenues, costs, and assets

What has been the traditional top priority of supply chain organizations in most companies? -
Answers cutting costs

Which of these is an example of a "tax haven"? - Answers a country or jurisdiction with very low
corporate taxes

Which of these actions will most directly lead to more cash on hand for an organization? -
Answers Reduce time for collection of accounts receivable

How can a supply chain positively affect the finances of a business? - Answers 1) Increase
revenue by providing better service

2) Redesign the network to better utilize company assets

3) Lower operational costs

All are correct

Which measurement would likely rise if the supply chain team secured a supplier that provided a
new, popular technology to include in the company's product? - Answers revenue

Which measurement would likely rise if the supply chain team was able to partner with a
logistics provider to use the company-owned trucks and distribution center for more hours per
week? - Answers asset utilization

Which measurement would likely lower if the supply chain team used less raw material through
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