SCM Final 2026 Exam Questions with
100% Correct Answers | Latest Update
Supply Chain Management - 🧠ANSWER ✔✔encompasses the planning
and management of all activities involved in sourcing and procurement
conversion and all logistics management activities - also includes
coordination and collaboration with channel partners, which can be
suppliers, intermediaries, third-party service providers, and customers -
integrates supply and demand management within and across companies
Channel Definition - 🧠ANSWER ✔✔a system of relationships existing
among businesses that participate in the process of buying and selling
products or services
, Primary Channel Participants - 🧠ANSWER ✔✔raw material providers,
proccesors/suppliers, manufacturers, wholesalers, retailers
Specialized Channel Participants - 🧠ANSWER ✔✔functional specialists
(transportation, warehousing, assembly fulfillment, sequencing,
merchandising), support specialists (financial, informational, advertising,
insurance, advisory/research, arrangers)
Four key SCM principles - 🧠ANSWER ✔✔1.Demand management and
coordination
2.Resource management:- Facilities- Personnel- Expertise- Supplies
3.Bill of materials (skill sets)
4.Resource scheduling
SCM addresses effective and efficient use of - 🧠ANSWER ✔✔physical
assets (inventory, production capacity) -- traditional asset focus, intellectual
capacity & consultation and expertise -- services resource focus
A routine medical procedure SCM - 🧠ANSWER ✔✔plan (facility, staff,
supplies, capacity, scheduling) - source (staff hiring, human resource
management, supplies acquisition) - make (scheduling the procedure --
facilities, expertise, staff, equipment)- deliver (getting resources to the right
100% Correct Answers | Latest Update
Supply Chain Management - 🧠ANSWER ✔✔encompasses the planning
and management of all activities involved in sourcing and procurement
conversion and all logistics management activities - also includes
coordination and collaboration with channel partners, which can be
suppliers, intermediaries, third-party service providers, and customers -
integrates supply and demand management within and across companies
Channel Definition - 🧠ANSWER ✔✔a system of relationships existing
among businesses that participate in the process of buying and selling
products or services
, Primary Channel Participants - 🧠ANSWER ✔✔raw material providers,
proccesors/suppliers, manufacturers, wholesalers, retailers
Specialized Channel Participants - 🧠ANSWER ✔✔functional specialists
(transportation, warehousing, assembly fulfillment, sequencing,
merchandising), support specialists (financial, informational, advertising,
insurance, advisory/research, arrangers)
Four key SCM principles - 🧠ANSWER ✔✔1.Demand management and
coordination
2.Resource management:- Facilities- Personnel- Expertise- Supplies
3.Bill of materials (skill sets)
4.Resource scheduling
SCM addresses effective and efficient use of - 🧠ANSWER ✔✔physical
assets (inventory, production capacity) -- traditional asset focus, intellectual
capacity & consultation and expertise -- services resource focus
A routine medical procedure SCM - 🧠ANSWER ✔✔plan (facility, staff,
supplies, capacity, scheduling) - source (staff hiring, human resource
management, supplies acquisition) - make (scheduling the procedure --
facilities, expertise, staff, equipment)- deliver (getting resources to the right
