SCMN 2150 Test 1 EXAM QUESTIONS AND

SCMN 2150 Test 1 EXAM QUESTIONS AND ANSWERS 100% SOLVED (Newest 2025) what is scm - Correct Answers ✅The "art" of managing the flow of materials and products, information, and financial resources from source to user.Who's involved in the supply chain? - Correct Answers ✅suppliers, manufacturers, distributors, retailers, consumers Who is the most important participant in the supply chain? - Correct Answers ✅the consumer What does SCM involve? - Correct Answers ✅all the activities that take place to get a product in your hands - from the time of raw materials extraction to the minute you pull out your credit card and take the final product home.three companys with good supply chains - Correct Answers ✅amazon, nike, walmart Supply chain management is important because - Correct Answers ✅...develop collaborative, trusting relationships ...improve customer satisfaction ...rationalize product touch points ...drive out costs and achieve efficiencies 1 / 3

SCMN 2150 Test 1 EXAM QUESTIONS AND ANSWERS 100% SOLVED (Newest 2025) Why is SCM important to customers? - Correct Answers ✅- Product Availability -Fulfillment Accuracy Why is SCM important to companies? - Correct Answers ✅SCM help companies outpace the competition by managing their materials, product, and information flows What do these CEOs have in common? - Correct Answers ✅they are former scm execs node - Correct Answers ✅A fixed point in a supply chain where valued added processes take place. Goods are processed, transformed, mixed, held, or sold here link - Correct Answers ✅The transportation method used to connect the nodes (plants, warehouses, stores) in a supply chain.centralized - Correct Answers ✅National Lower investment Lower level Lower cost Higher cost Effective decentralized - Correct Answers ✅Regional 2 / 3

SCMN 2150 Test 1 EXAM QUESTIONS AND ANSWERS 100% SOLVED (Newest 2025) Greater investment Higher level Higher cost Lower cost Highly effective network fulfillment options - Correct Answers ✅Direct delivery, cross dock, and distribution center network design characteristics - Correct Answers ✅centralized or decentralized direct delivery - Correct Answers ✅supplier to store,

• no inventory idled
• quicker delivery
• lowest handling costs

cross dock - Correct Answers ✅cross docks suppliers to dock, dock to truck. preorganized

• moderate inventory held at store
• low handling costs
• low facility costs

distribution center - Correct Answers ✅items held in inventory at middle warehouse

• high inventory held at warehouse
• / 3