Supply Chain and Logistics Supply Chain Planning and Strategy

Question 1

What is Sales and Operations Planning (S&OP)?

Accepted Answer

A cross-functional process that aligns demand, supply, and financial plans

Answer

A software tool for route optimization

Answer

A customer service escalation protocol

Answer

A warehouse layout optimization method

Question 2

What is the bullwhip effect in supply chains?

Accepted Answer

Increasing demand variability amplification moving upstream through a supply chain

Answer

Rapid delivery acceleration at year-end

Answer

A crack in cold chain storage

Answer

The delay caused by single-source suppliers

Question 3

What does demand forecasting involve in supply chain planning?

Accepted Answer

Predicting future customer demand to guide production, procurement, and inventory decisions

Answer

Setting supplier delivery schedules

Answer

Estimating transportation costs for the next quarter

Answer

Calculating safety stock formulas

Question 4

What is supply chain visibility?

Accepted Answer

The ability to track products, inventory, and orders in real time across the supply chain

Answer

Publishing supply chain data publicly

Answer

Making supplier contracts transparent to all employees

Answer

Monitoring employee performance in logistics roles

Question 5

What is a supply chain disruption?

Accepted Answer

An unexpected event that interrupts the normal flow of goods, information, or finances in a supply chain

Answer

A planned maintenance shutdown

Answer

A technology upgrade to supply chain software

Answer

A seasonal demand surge

Question 6

What is the SCOR model used for in supply chain management?

Accepted Answer

A reference framework for analyzing and improving supply chain performance across plan, source, make, deliver, return, and enable processes

Answer

Measuring warehouse labor productivity

Answer

Calculating carbon emissions from logistics

Answer

Benchmarking employee training effectiveness