SCMN 2150 EXAM 1 MODULES 1-4 FINAL PAPER
2026 FULL QUESTIONS WITH SOLUTIONS
GRADED A+
◉ buy it -> make it -> move it -> sell it -> service it. Answer: SCM
Flows/Strategy
◉ 1. cost
2. quality
3. speed/time
4. flexibility. Answer: Competitive Priorities
◉ value (what i get/price). Answer: customers perspective
◉ productivity (what i make/cost). Answer: organization perspective
◉ 1. Procurement
2. Operations
3. Logistics. Answer: SCM Key Components
,◉ Procurement (buy it). Answer: process of obtaining services, supplies,
and equipment in conformance with corporate regulations
◉ Operations (make it). Answer: makes business processes effective and
efficient. They help the organization create high quality products/
services using the fewest resources
◉ Logistics (move it). Answer: developing the transportation itinerary
and finding reliable transportation and storage partners, to be able to
navigate the flow of materials to the final destination
◉ purchasing -> production -> distribution -> retail sales. Answer: The
Supply Chain
◉ The efficient integration of the Supply Chain. Answer: SCM Def
◉ satisfy the customer, satisfy the company, consider the future.
Answer: Successful SC Manager
◉ sustainable long term profits and maimize ROI. Answer: Corporation
Goals
◉ Reverse Logistics. Answer: reuse of production and materials
, ◉ 1st Tier Suppliers. Answer: a company's direct supplier. A firm that
directly provides goods and/ or services to a company
◉ 2nd Tier Suppliers. Answer: a firm provides goods and/ or services to
a company's first-tier supplier
◉ Downstream. Answer: direction in which products flow towards an
end consumer. Direction is the right.
Storage and consolidation/sorting
picking and packing, labeling
◉ Upstream. Answer: direction from customers to suppliers. Direction is
the left
central return center AKA reverse logistics activities
◉ Business model. Answer: planning to purchase, transform, deliver,
and sell products with intent on making a profit
◉ Supply Chain Visibility. Answer: ability to see what is happening with
inventory up and down a supply chain
◉ Profit. Answer: Formula: profit = revenue - cost. If supply chain
creates a damaged product no one will buy it for a premium price, that's
why it's important for the supply chain to deliver the best products
2026 FULL QUESTIONS WITH SOLUTIONS
GRADED A+
◉ buy it -> make it -> move it -> sell it -> service it. Answer: SCM
Flows/Strategy
◉ 1. cost
2. quality
3. speed/time
4. flexibility. Answer: Competitive Priorities
◉ value (what i get/price). Answer: customers perspective
◉ productivity (what i make/cost). Answer: organization perspective
◉ 1. Procurement
2. Operations
3. Logistics. Answer: SCM Key Components
,◉ Procurement (buy it). Answer: process of obtaining services, supplies,
and equipment in conformance with corporate regulations
◉ Operations (make it). Answer: makes business processes effective and
efficient. They help the organization create high quality products/
services using the fewest resources
◉ Logistics (move it). Answer: developing the transportation itinerary
and finding reliable transportation and storage partners, to be able to
navigate the flow of materials to the final destination
◉ purchasing -> production -> distribution -> retail sales. Answer: The
Supply Chain
◉ The efficient integration of the Supply Chain. Answer: SCM Def
◉ satisfy the customer, satisfy the company, consider the future.
Answer: Successful SC Manager
◉ sustainable long term profits and maimize ROI. Answer: Corporation
Goals
◉ Reverse Logistics. Answer: reuse of production and materials
, ◉ 1st Tier Suppliers. Answer: a company's direct supplier. A firm that
directly provides goods and/ or services to a company
◉ 2nd Tier Suppliers. Answer: a firm provides goods and/ or services to
a company's first-tier supplier
◉ Downstream. Answer: direction in which products flow towards an
end consumer. Direction is the right.
Storage and consolidation/sorting
picking and packing, labeling
◉ Upstream. Answer: direction from customers to suppliers. Direction is
the left
central return center AKA reverse logistics activities
◉ Business model. Answer: planning to purchase, transform, deliver,
and sell products with intent on making a profit
◉ Supply Chain Visibility. Answer: ability to see what is happening with
inventory up and down a supply chain
◉ Profit. Answer: Formula: profit = revenue - cost. If supply chain
creates a damaged product no one will buy it for a premium price, that's
why it's important for the supply chain to deliver the best products
