A company reduces inventory to improve working capital. Which possible trade-off should its performance team monitor?
9 Supply Chain Performance, Risk, and Improvement Online Quiz Questions
Use this free practice quiz with 20 questions to review 9 Supply Chain Performance, Risk, and Improvement, test your knowledge, and prepare for your next test or exam.
Supply chain resilience means eliminating every possible risk from the network.
- A
True
- B
False
In the SCOR framework, order fulfillment cycle time is an example of the dimension.
A warehouse team has tested a revised replenishment schedule on a limited scale. What should it do next in the PDCA cycle?
- A
Adopt the change immediately without measuring results.
- B
Define the problem and establish the baseline.
- C
Compare pilot results with the baseline and assess side effects.
- D
Test the change on a limited scale.
What is the term for a measurable indicator of progress toward an objective?
A manufacturer depends on one distant supplier for a critical component. Which actions are examples of mitigations that could reduce this vulnerability? Select all that apply.
- A
Qualify an alternate supplier for the critical component.
- B
Continue relying on the single source without a contingency plan.
- C
Hold a targeted safety-stock buffer.
- D
Design flexible capacity that can respond to disruption.
After identifying and assessing risks, teams should them, focusing on threats to essential products, customers, or operations.
Installing new supply chain technology guarantees that an organization will make accurate decisions.
- A
True
- B
False
A company wants to avoid overlooking sustainability impacts beyond its own facilities. Which approach best fits a life-cycle perspective?
- A
Review only the organization’s largest facility.
- B
Consider impacts from material extraction through end-of-life management.
- C
Measure only transport emissions and exclude product materials.
- D
Compare stages without checking whether their boundaries are consistent.
What measure represents the share of orders delivered on time, complete, undamaged, and with correct documentation?
An organization is assessing whether its connected supply chain systems can support useful decisions. Which conditions should it consider? Select all that apply.
- A
Timely, consistent data
- B
Clear accountability
- C
Interoperability between systems or partners
- D
Appropriate cybersecurity
- E
Adopting the newest technology regardless of its purpose
A company discovers that an essential product depends on a supplier network with several lower-tier dependencies. Describe a practical sequence it should use to assess and manage this exposure, from mapping the network through ongoing follow-up.
Which of the following is listed as an asset-management measure in supply chain performance?
- A
Operating margin
- B
Inventory days of supply
- C
Order fulfillment cycle time
- D
Perfect order fulfillment
Which measure is listed as an example of supply chain asset management?
- A
Operating margin
- B
Order fulfillment cycle time
- C
Capacity utilization
- D
Perfect order fulfillment
A warehouse is adding barcode and RFID scans to its processes. Which capability can these technologies directly support?
- A
Determining the operating margin of each supplier
- B
Guaranteeing that all inventory data is accurate
- C
Identifying and tracking items
- D
Replacing the need to share information between partners
A company is comparing two packaging designs. One reduces emissions during distribution but may increase impacts during disposal. What is the best way to assess the change?
- A
Compare emissions only at the facility where packaging is made
- B
Assess impacts across relevant product life-cycle stages
- C
Choose the option with the lowest purchase price, regardless of later impacts
- D
Measure transport emissions and assume other stages are unaffected
A company’s shipment alerts frequently arrive late because suppliers submit event data inconsistently. What should the company address first to make the alerts more useful?
- A
Improve the timeliness and consistency of the event data and clarify who is responsible for it
- B
Add more dashboards that display the same delayed data
- C
Automate decisions immediately, even when the underlying data is inconsistent
- D
Stop sharing information with suppliers so the system has fewer inputs
True or false: Safety-stock buffers and backup supplier arrangements should be proportionate to a component’s criticality and recovery time.
- A
True
- B
False
A warehouse team wants to reduce late shipments. Before changing its process, it defines the problem, establishes a baseline, and investigates the causes of delays. Which PDCA phase is the team carrying out?
A company adds supplier wage levels and worker training to its supply chain scorecard. Which performance dimension do these measures primarily represent?