SCMN 2150 Exam 1 Practice QUESTIONS
& ANSWERS 2026 | A+ GRADED 100%
VERIFIED
• five supply chain organizations for 2026 . Answer: Schneider Electric
Cisco Systems
Colgate-Palmolive
Johnson & Johnson
PepsiCo
• who releases the top 25 rankings each year . Answer: Gartner, Inc
• technical definition of supply chain management . Answer:
encompasses the planning and management of all activities involved in
sourcing and procurement, conversion, and all logistics management
activities.Importantly, it also includes coordination and collaboration
with channel partners, which can be suppliers, intermediaries, third party
service providers, and customers
• "moms" definition of supply chain management . Answer:
• five primary groups involved in SCM . Answer: supplier
manufacturer
distributor
retailer
consumer
• three flows involved in SCM . Answer: product
information
money
• essential processes of SCM . Answer: planning and forecasting
supply management & procurement
, operations management & production
logistics & transportation
post sales support
• supply chain planning >> . Answer: plan
• production >> . Answer: make
• purchasing >> . Answer: buy
• fulfillment >> . Answer: move
• post sales support >> . Answer: service
• what do supply chains look like? . Answer: like a spider web
• why do companies care about supply chain management? . Answer:
allows them to create a competitive advantage because they can be
BETTER, FASTER, and CHEAPER than other companies
• the seven keys of facility location . Answer: land, labor, capital,
sources, production, markets, and logistics
• land . Answer:
• classic economic factors for facility location . Answer: land, labor, and
capital
• links . Answer: the transportation method used to connect the nodes in
a supply chain
• nodes . Answer: fixed point in a SC where valued added processes take
place
goods are processed, transformed, mixed, held, and sold at nodes
& ANSWERS 2026 | A+ GRADED 100%
VERIFIED
• five supply chain organizations for 2026 . Answer: Schneider Electric
Cisco Systems
Colgate-Palmolive
Johnson & Johnson
PepsiCo
• who releases the top 25 rankings each year . Answer: Gartner, Inc
• technical definition of supply chain management . Answer:
encompasses the planning and management of all activities involved in
sourcing and procurement, conversion, and all logistics management
activities.Importantly, it also includes coordination and collaboration
with channel partners, which can be suppliers, intermediaries, third party
service providers, and customers
• "moms" definition of supply chain management . Answer:
• five primary groups involved in SCM . Answer: supplier
manufacturer
distributor
retailer
consumer
• three flows involved in SCM . Answer: product
information
money
• essential processes of SCM . Answer: planning and forecasting
supply management & procurement
, operations management & production
logistics & transportation
post sales support
• supply chain planning >> . Answer: plan
• production >> . Answer: make
• purchasing >> . Answer: buy
• fulfillment >> . Answer: move
• post sales support >> . Answer: service
• what do supply chains look like? . Answer: like a spider web
• why do companies care about supply chain management? . Answer:
allows them to create a competitive advantage because they can be
BETTER, FASTER, and CHEAPER than other companies
• the seven keys of facility location . Answer: land, labor, capital,
sources, production, markets, and logistics
• land . Answer:
• classic economic factors for facility location . Answer: land, labor, and
capital
• links . Answer: the transportation method used to connect the nodes in
a supply chain
• nodes . Answer: fixed point in a SC where valued added processes take
place
goods are processed, transformed, mixed, held, and sold at nodes
