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SCM 413 Midterm 2024/2025 Exam Questions with Detailed Verified Answers (100% Correct Answers) | Already Graded A+

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SCM 413 Midterm 2024/2025 Exam Questions with Detailed Verified Answers (100% Correct Answers) | Already Graded A+ Logistics -

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Subido en
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SCM 413 Midterm 2024/2025 Exam
Questions with Detailed Verified
Answers (100% Correct Answers) |
Already Graded A+



Logistics - 🧠ANSWER ✔✔Management of order processing, inventory, and

transportation




The combo of warehousing, materials handling, and packaging, all

integrated throughout a network of facilities




Goal is to support procurement


Logistics service - 🧠ANSWER ✔✔The level of service a firm provides all

established customers


Operational Performance - 🧠ANSWER ✔✔time required to deliver a

customers order




COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED

,-speed, consistency, flexibility, malfunction recovery


Availability - 🧠ANSWER ✔✔Probability of having inventory to consistently

meet customer material or product requirements


Malfunction - 🧠ANSWER ✔✔Probability of logistics performance failure




Measured in terms of recovery time


5 areas of logistical work - 🧠ANSWER ✔✔Order processing, inventory,

transportation, warehousing/materials handling, facility network


Forecasting and communication - 🧠ANSWER ✔✔Two areas of logistical

work driven by information


5 aspects of selective deployment - 🧠ANSWER ✔✔Core customer

segmentation- selling to a variety of customers confronts an uneven

demand

Product profitability- 80/20 rule

Transportation integration- larger the shipment, lower the transportation

rate

Time-Based performance- transportation lead time


COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED

,Competitor performance


Transportation - 🧠ANSWER ✔✔operational area of logistics that

geographically moves and positions inventory; cost, speed, and

consistency


Transportation consistency - 🧠ANSWER ✔✔Variations in time required to

perform a specific movement over a number of shipments; consistency

reflects dependability


Reverse logistics - 🧠ANSWER ✔✔Receipt, processing, disposal of returns

and damaged inventory


Customer accomodation - 🧠ANSWER ✔✔Dealing with varied aspects of

serving customers; timing and geographical placement are big


Manufacturing - 🧠ANSWER ✔✔The what, when, and where products will

be made


Procurement - 🧠ANSWER ✔✔Purchasing or acquisitions; buying




Materials: Inbound inventory, adds value to the process




COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED

, Information flow - 🧠ANSWER ✔✔reconcile and streamline info connectivity

to improve supply chain performance


Responsiveness - 🧠ANSWER ✔✔ability to satisfy customer requirements

in a timely manner

serves to reduce inventory

Shifts operational emphasis from forecasting future to a rapid customer

accomodation


Variance Reduction - 🧠ANSWER ✔✔The elimination of operational

disruptions, is one basic objective of integrated logistics management.

Safety stock and buffer operations are common safeguard options


Inventory reduction - 🧠ANSWER ✔✔control asset commitment and turn

velocity




asset commitment- financial value of deployed inventory

turn velocity- rate at which inventory is replenished over time


shipment consolidation - 🧠ANSWER ✔✔Reduce transportation costs

through larger (and therefore fewer) shipments.


COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
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STATEMENT. ALL RIGHTS RESERVED
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