COM Supply Chain & Logistics Management 2

Question 1

A company experiences a sudden supplier bankruptcy. Which risk mitigation strategy would BEST address single-source dependency?

Accepted Answer

Dual-source or multi-source critical components

Answer

Dual- or multi-sourcing critical components eliminates single-supplier dependency and ensures supply continuity if one source fails.

Question 2

Which metric measures the percentage of customer orders fulfilled completely from available stock without backorders?

Accepted Answer

Fill rate

Answer

Fill rate measures the proportion of customer demand satisfied immediately from on-hand inventory without stockouts or backorders.

Question 3

In a cross-docking operation, inbound shipments are:

Accepted Answer

Transferred directly to outbound vehicles with minimal storage

Answer

Cross-docking transfers goods from inbound to outbound docks with little or no warehousing, reducing handling time and storage costs.

Question 4

The Bullwhip Effect in supply chains refers to:

Accepted Answer

Demand variability amplification as orders move upstream

Answer

The Bullwhip Effect describes how small fluctuations in end-consumer demand get amplified into larger order swings as they travel upstream through the supply chain.

Question 5

A 3PL provider differs from a 4PL provider primarily because a 4PL:

Accepted Answer

Manages the entire supply chain including multiple 3PLs

Answer

A 4PL (fourth-party logistics) provider acts as a supply chain integrator, managing a company's entire logistics network including oversight of multiple 3PLs.

(COM) Certified Operations Manager Practice Test

(COM) Certified Operations Manager Practice Test

COM Supply Chain & Logistics Management 2