CLTD Module 1 SECTION B Exam
Questions With Correct Answers
supply |chain |management |- |CORRECT |ANSWER✔✔-The |design, |planning, |execution, |control, |
and |monitoring |of |supply |chain |activities |with |the |objective |of |creating |net |value, |building |a |
competitive |infrastructure, |leveraging |worldwide |logistics, |synchronizing |supply |with |demand, |
and |measuring |performance |globally.
(Suppliers+Logistics+Customers)
Leveraging |logistics |- |CORRECT |ANSWER✔✔-take |advantage |of |you |and |your |suppliers' |and |
your |customers' |networks |rather |than |duplicating |efforts
Competitive |advantage |in |logistics |- |CORRECT |ANSWER✔✔-mastery |of |fundamentals |of |
perfect |order |fulfillment |at |low |enough |cost |and |high |inventory |turnover
Logistics |in |1960 |- |CORRECT |ANSWER✔✔-each |aspect |are |their |own |fragmented |silo
logistics |in |1980 |- |CORRECT |ANSWER✔✔-inbound |and |outbound |integration
logistics |in |1990 |- |CORRECT |ANSWER✔✔-total |logistics |integration
logistics |in |2000s |- |CORRECT |ANSWER✔✔-creation |of |'Supply |chain |management"
Bulk |of |logistics |work |classified |as |- |CORRECT |ANSWER✔✔-tactical
, How |difference |in |perspective |of |SCM+Log. |changed |view |of |inventory |- |CORRECT |
ANSWER✔✔--used |to |be |seen |as |buffer |between |SC |links
-Now, |sees |inv |as |last |resort |with |more |focus |to |improve |info |systems |and |create |stability |with
|supply |and |transportation
-Seen |as |decoupling |point |all |along |SC
Integration |Stage |1: |Baseline |- |CORRECT |ANSWER✔✔-internal |functional |silos |hinder |internal |
integration
Inventory |buffers |internal |handoffs
External |relationships |are |transaction |oriented
Logistics |seen |as |cost |center
Integration |Stage |2: |Functional |Integration |- |CORRECT |ANSWER✔✔-Materials |management, |
mfg, |distribution |integrate
Buffer |inventories |still |exist |between, |before,and |after
Each |area |takes |on |efficiency |and |decision |making |seperately
Integration |Stage |3: |Internal |Integration |- |CORRECT |ANSWER✔✔-Internal |log. |fully |integrated, |
all |buffer |inv. |eliminated, |other |than |raw |materials+finished |goods
Internal |teams |collaborate |on |decisons+improv.
Integration |Stage |4: |External |Integration |- |CORRECT |ANSWER✔✔-Inv. |minimized |throughout |
SC, |replaced |with |information |and |relationships
Demand |generation |and |fulfillment |are |integrated
channel |master |- |CORRECT |ANSWER✔✔-org. |who |drives |the |decisions |for |the |SC
Usually |who |has |most |power |in |market, |or |most |at |risk
Questions With Correct Answers
supply |chain |management |- |CORRECT |ANSWER✔✔-The |design, |planning, |execution, |control, |
and |monitoring |of |supply |chain |activities |with |the |objective |of |creating |net |value, |building |a |
competitive |infrastructure, |leveraging |worldwide |logistics, |synchronizing |supply |with |demand, |
and |measuring |performance |globally.
(Suppliers+Logistics+Customers)
Leveraging |logistics |- |CORRECT |ANSWER✔✔-take |advantage |of |you |and |your |suppliers' |and |
your |customers' |networks |rather |than |duplicating |efforts
Competitive |advantage |in |logistics |- |CORRECT |ANSWER✔✔-mastery |of |fundamentals |of |
perfect |order |fulfillment |at |low |enough |cost |and |high |inventory |turnover
Logistics |in |1960 |- |CORRECT |ANSWER✔✔-each |aspect |are |their |own |fragmented |silo
logistics |in |1980 |- |CORRECT |ANSWER✔✔-inbound |and |outbound |integration
logistics |in |1990 |- |CORRECT |ANSWER✔✔-total |logistics |integration
logistics |in |2000s |- |CORRECT |ANSWER✔✔-creation |of |'Supply |chain |management"
Bulk |of |logistics |work |classified |as |- |CORRECT |ANSWER✔✔-tactical
, How |difference |in |perspective |of |SCM+Log. |changed |view |of |inventory |- |CORRECT |
ANSWER✔✔--used |to |be |seen |as |buffer |between |SC |links
-Now, |sees |inv |as |last |resort |with |more |focus |to |improve |info |systems |and |create |stability |with
|supply |and |transportation
-Seen |as |decoupling |point |all |along |SC
Integration |Stage |1: |Baseline |- |CORRECT |ANSWER✔✔-internal |functional |silos |hinder |internal |
integration
Inventory |buffers |internal |handoffs
External |relationships |are |transaction |oriented
Logistics |seen |as |cost |center
Integration |Stage |2: |Functional |Integration |- |CORRECT |ANSWER✔✔-Materials |management, |
mfg, |distribution |integrate
Buffer |inventories |still |exist |between, |before,and |after
Each |area |takes |on |efficiency |and |decision |making |seperately
Integration |Stage |3: |Internal |Integration |- |CORRECT |ANSWER✔✔-Internal |log. |fully |integrated, |
all |buffer |inv. |eliminated, |other |than |raw |materials+finished |goods
Internal |teams |collaborate |on |decisons+improv.
Integration |Stage |4: |External |Integration |- |CORRECT |ANSWER✔✔-Inv. |minimized |throughout |
SC, |replaced |with |information |and |relationships
Demand |generation |and |fulfillment |are |integrated
channel |master |- |CORRECT |ANSWER✔✔-org. |who |drives |the |decisions |for |the |SC
Usually |who |has |most |power |in |market, |or |most |at |risk
