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SCM 300 Exam 1 Modules 1-4 (Chaturvedi) well answered to pass
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SCM 300 Exam 1 Modules 1-4 (Chaturvedi) well answered to pass
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SCM 300 Exam 1 Modules 1-4(Chaturvedi)
Supply Chain Management - correct answer ✔✔The management of the chain of supplies
SCM Flows/Strategy - correct answer ✔✔buy it -> make it -> move it -> sell it -> service it
Competitive priorities of SCM - correct answer ✔✔1. cost
2. quality
3. speed/time
4. flexibility
What are the supply chain functions? - correct answer ✔✔Procurement, Manufacturing, Distribution,
Inventory Management, Logistics, Demand Planning
Procurement (Buy it) - correct answer ✔✔Process of obtaining services, supplies, and equipment in
conformance with corporate regulations
Manufacturing - correct answer ✔✔Process of converting raw materials or components into finished
goods through production operations.
Distribution - correct answer ✔✔Involves the storage, transportation, and delivery of finished goods to
customers.
Inventory Management - correct answer ✔✔Includes the control and optimization of inventory levels to
meet demand while minimizing costs.
Logistics (move it) - correct answer ✔✔Developing the transportation itinerary and finding reliable
transportation and storage partners, to be able to navigate the flow of materials to the final destination
, Demand Planning - correct answer ✔✔Involves forecasting future demand for products or services to
optimize inventory and production.
Reefer (Controlled Atmosphere (CA) Containers) - correct answer ✔✔A refrigerated container used for
transporting perishable goods that require temperature-controlled environments, such as fruits,
vegetables, dairy products, and pharmaceuticals.
Bulk Cargo - correct answer ✔✔Free flowing cargo, stored loose... loaded by shovel, pump, bucket or
scoop
Ex: coal, rice, grain, raw sugar, oil, sulfur
Containerized Cargo - correct answer ✔✔General or packaged cargo... often containerized and
measured in TEU's
Ex: bagged or boxed rice, canned goods, boxed electronics
Neo-Bulk Cargo - correct answer ✔✔Items with a mix of characteristics: both bulk and break bulk
Ex: automobiles, logs, steel, cattle
Dunnage - correct answer ✔✔Materials used to secure cargo during transportation, such as wood,
cardboard, or inflatable bags.
COFC (Container on Flat Car) - correct answer ✔✔Intermodal transportation method where cargo
containers are transported on flat railway cars.
TOFC (Trailer on Flat Car) - correct answer ✔✔Intermodal transportation method where entire trailers
are loaded onto flat railway cars.
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