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Supply Chain & Strategy Flashcards

7 cards from real APICS practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Supply Chain & Strategy flashcards as text
  1. Which supply chain strategy is most appropriate when demand is unpredictable and product variety is high?

    Answer: Agile supply chain

    An agile supply chain is designed to respond quickly to unpredictable demand and high product variety.

  2. The 'bullwhip effect' in supply chains refers to:

    Answer: Amplification of demand variability as orders move upstream

    The bullwhip effect describes how small demand fluctuations at the retail level become increasingly amplified as they propagate upstream through the supply chain.

  3. A company using a 'postponement' strategy in its supply chain is attempting to:

    Answer: Defer product differentiation until closer to the point of sale

    Postponement delays final product customization or differentiation until demand signals are clearer, reducing the risk of obsolete inventory.

  4. Which metric best measures the overall effectiveness of a supply chain in delivering value to customers?

    Answer: Perfect Order Fulfillment rate

    Perfect Order Fulfillment measures the percentage of orders delivered on time, complete, damage-free, and with accurate documentation — a comprehensive customer-centric KPI.

  5. In SCOR (Supply Chain Operations Reference) model, the 'Source' process category primarily covers:

    Answer: Procurement of goods and services from suppliers

    The 'Source' process in SCOR encompasses ordering, receiving, and managing supplier relationships for purchased goods and services.

  6. A company's supply chain strategy should primarily align with its:

    Answer: Overall business and competitive strategy

    Supply chain strategy must support and align with the company's overall competitive strategy to deliver the right value proposition to customers.

  7. Which of the following best describes 'supply chain visibility'?

    Answer: End-to-end awareness of inventory, orders, and disruptions across all supply chain tiers

    Supply chain visibility encompasses real-time, end-to-end awareness of all supply chain activities across multiple tiers, enabling proactive decision-making.