What is the primary reason for measuring supply chain performance?

A. To increase complexity
B. To identify areas for improvement
C. To decrease collaboration
D. None
ANSWER: B
What is the main objective of procurement negotiations?
A. Mutually beneficial agreement with the supplier
B. To win over the supplier
C. To reduce the price as much as possible
D. To increase the supplier's profit margin
ANSWER: A
What is the main purpose of maintaining safety stock?
A. To reduce inventory cost
B. To decrease order quantity
C. To increase lead time
D. To meet unexpected demand
ANSWER: D
Which is not a function of logistics?
A. Marketing
B. Inventory management
C. Warehousing
D. Transportation
ANSWER: A
In which SCM model are products built directly from raw materials based on customer
orders?
A. MTS
B. ATO
C. MTO
D. ETO
ANSWER: C
Customer satisfaction is guaranteed by providing right product at the right place
at right___?
A. point
B. Mode
C. Time
D. Manner
ANSWER:C
Which type of production can help to keep price low in Domestic and International
Trade.
A. Mass Production
B. Batch Production
C. Job Production
D. Flexible Production
ANSWER:A
Which of them is a part of post transaction element?
A. Installation post delivery of product
B. Payment
C. Negotiation
D. None of the above

Answer: A
Full form of RMS?
A. Rake management system
B. Rate management system
C. Right management system
D. Rank management system
Answer: A
Full form of PMS?
A. Parcel management system
B. Part management system
C. Price management system
D. none

Answer: A