SCMN 2150 TEST 3 - QUESTIONS AND ANSWERS - 2026 UPDATED -
100% CORRECT.
SCM - (answer)Supply Chain Management
What is Supply Chain Management - (answer)The art of managing the flow of materials and products,
info, and financial resources from source to user.
5 Primary Groups of Supply Chain - (answer)1.) Suppliers
2.) Manufacturers
3.) Distributers
4.) Retailers
5.) Consumers
Three C's of Leadership - (answer)Competence, Confidence, Care
Who is the most important participant in the SC? - (answer)Consumer
What does SCM involve? - (answer)All activities that take place to get a product into your hands - from
the time of raw materials extraction to the minute you pull out your credit card and take the final
product home.
What does a SC generally look simplistic, like a straight line, or complex like a spider web? -
(answer)Complex like a spider web
Why is SCM important to customers? - (answer)Product Availability: time and place utility
Need to make sure we get it "right" with the customer (7 rights)
7 Rights to Fulfillment Accuracy - (answer)1.) Right Product
2.) Right Customer
3.) Right Time
4.) Right Place
,SCMN 2150 TEST 3 - QUESTIONS AND ANSWERS - 2026 UPDATED -
100% CORRECT.
5.) Right Condition
6.) Right Quantity
7.) Right Cost
Why is SCM important to companies? - (answer)Helps companies outpace the competition by managing
their materials, products, and info flows.
Better, Faster, Cheaper
Greater profits=Higher Sales + Lower Cost
How does SCM promote profitability? - (answer)The goal is to increase value for shareholders and
investors.
What is a BOM - (answer)Bill Of Materials
Tells us exactly what we need to make a product and what quantity.
What are the 5 Vertical Industries - (answer)1.) Products
2.) Communication and High Tech
3.) Resources
4.) Financial
5.) Government and Non Profit
What are nodes and links? - (answer)Nodes: A fixed point in a SC where valued added processes take
place
Link: The transportation method used to connect the nodes (plants, warehouses, stores) in a SC
, SCMN 2150 TEST 3 - QUESTIONS AND ANSWERS - 2026 UPDATED -
100% CORRECT.
The Centralized vs Decentralized Model - (answer)Centralized: Product coming from one place - going to
all over.
Decentralize: Product coming from a number of different places - going all over (Amazon).
What are the 3 network fulfillment options? - (answer)1.) Direct Delivery: Point-to-point service
2.) Cross Dock: Product mixing service - tries to reduce warehouse costs - get it, reorganize, get out of
the door
3.) Distribution Center: Storage and fulfillment service
Characteristics of network fulfillment? - (answer)1.) Direct Delivery: High transport cost, minimal
inventory, no backup safety stock, very low handling costs, and no facility investment
2.) Cross Dock: Low transport cost, moderate inventory, no backup safety stock, low handling costs, low
facility investment
3.) Distribution Center: Low transport cost, maximum inventory, protected safety stock, high handling
costs, very high facility investment
What product flow option best fits each item:
Newspaper
Puppy Chow
Perishable Chicken
Tailgating Tents - (answer)Newspaper - Direct Delivery
Puppy Chow - Distribution Center
Perishable Chicken - Cross Dock
Tailgating Tents - Distribution Center
100% CORRECT.
SCM - (answer)Supply Chain Management
What is Supply Chain Management - (answer)The art of managing the flow of materials and products,
info, and financial resources from source to user.
5 Primary Groups of Supply Chain - (answer)1.) Suppliers
2.) Manufacturers
3.) Distributers
4.) Retailers
5.) Consumers
Three C's of Leadership - (answer)Competence, Confidence, Care
Who is the most important participant in the SC? - (answer)Consumer
What does SCM involve? - (answer)All activities that take place to get a product into your hands - from
the time of raw materials extraction to the minute you pull out your credit card and take the final
product home.
What does a SC generally look simplistic, like a straight line, or complex like a spider web? -
(answer)Complex like a spider web
Why is SCM important to customers? - (answer)Product Availability: time and place utility
Need to make sure we get it "right" with the customer (7 rights)
7 Rights to Fulfillment Accuracy - (answer)1.) Right Product
2.) Right Customer
3.) Right Time
4.) Right Place
,SCMN 2150 TEST 3 - QUESTIONS AND ANSWERS - 2026 UPDATED -
100% CORRECT.
5.) Right Condition
6.) Right Quantity
7.) Right Cost
Why is SCM important to companies? - (answer)Helps companies outpace the competition by managing
their materials, products, and info flows.
Better, Faster, Cheaper
Greater profits=Higher Sales + Lower Cost
How does SCM promote profitability? - (answer)The goal is to increase value for shareholders and
investors.
What is a BOM - (answer)Bill Of Materials
Tells us exactly what we need to make a product and what quantity.
What are the 5 Vertical Industries - (answer)1.) Products
2.) Communication and High Tech
3.) Resources
4.) Financial
5.) Government and Non Profit
What are nodes and links? - (answer)Nodes: A fixed point in a SC where valued added processes take
place
Link: The transportation method used to connect the nodes (plants, warehouses, stores) in a SC
, SCMN 2150 TEST 3 - QUESTIONS AND ANSWERS - 2026 UPDATED -
100% CORRECT.
The Centralized vs Decentralized Model - (answer)Centralized: Product coming from one place - going to
all over.
Decentralize: Product coming from a number of different places - going all over (Amazon).
What are the 3 network fulfillment options? - (answer)1.) Direct Delivery: Point-to-point service
2.) Cross Dock: Product mixing service - tries to reduce warehouse costs - get it, reorganize, get out of
the door
3.) Distribution Center: Storage and fulfillment service
Characteristics of network fulfillment? - (answer)1.) Direct Delivery: High transport cost, minimal
inventory, no backup safety stock, very low handling costs, and no facility investment
2.) Cross Dock: Low transport cost, moderate inventory, no backup safety stock, low handling costs, low
facility investment
3.) Distribution Center: Low transport cost, maximum inventory, protected safety stock, high handling
costs, very high facility investment
What product flow option best fits each item:
Newspaper
Puppy Chow
Perishable Chicken
Tailgating Tents - (answer)Newspaper - Direct Delivery
Puppy Chow - Distribution Center
Perishable Chicken - Cross Dock
Tailgating Tents - Distribution Center
