Supply Chain & Logistics Management Flashcards
7 cards from real COM 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 & Logistics Management flashcards as text
Which supply chain performance framework uses five key processes — Plan, Source, Make, Deliver, Return — to benchmark and improve operations?
Answer: Supply Chain Operations Reference (SCOR) model
The SCOR (Supply Chain Operations Reference) model provides a standardized framework with five processes to assess and improve end-to-end supply chain performance.
When a manufacturer intentionally builds excess inventory before a known demand surge (e.g., holiday season), this is called:
Answer: Anticipation inventory
Anticipation inventory is deliberately accumulated before a predictable demand surge, seasonal peak, or planned promotion to ensure supply availability.
A company's perfect order rate is 87%. Which components are typically measured to calculate this metric?
Answer: On-time delivery, complete order, damage-free, accurate documentation
Perfect order rate measures the percentage of orders that are delivered on time, complete, undamaged, and with correct invoicing and documentation.
In supply chain risk management, 'resilience' refers to a supply chain's ability to:
Answer: Recover quickly and return to normal operations after a disruption
Supply chain resilience is the capacity to anticipate, adapt to, and rapidly recover from disruptions while maintaining continuity of operations.
Which warehousing strategy assigns the most frequently picked items to locations nearest the shipping dock?
Answer: Velocity-based slotting
Velocity-based slotting places fast-moving (high-velocity) SKUs in prime picking locations close to packing and shipping areas to reduce picker travel time.
A shipper pays a flat rate per truck regardless of how much space is used. This is characteristic of:
Answer: Truckload (TL) pricing
Truckload (TL) pricing charges a flat rate for an entire truck, making it economical when a shipment is large enough to fill or nearly fill the trailer.
Which concept describes sharing real-time sales data from a retailer's point-of-sale system directly with suppliers to improve replenishment accuracy?
Answer: Collaborative Planning, Forecasting and Replenishment (CPFR)
CPFR is a business practice where trading partners share POS data, forecasts, and promotional plans to jointly improve supply chain performance.