SCM 3301 FINAL EXAM STUDY GUIDE
2026/2027 ACCURATE QUESTIONS WITH
CORRECT DETAILED SOLUTIONS ||
100% GUARANTEED PASS
<NEWEST VERSION>
1. Strategic Sourcing Process - ANSWER ✔ Identifying ways to improve
long-term business performance by better understanding sourcing needs,
developing long-term sourcing strategies, selecting suppliers, and managing
the supply base.
2. Spend Analysis - ANSWER ✔ The application of quantitative techniques
to purchasing data in an effort to better understand spending patterns and
identify opportunities for improvement.
3. Pareto chart - ANSWER ✔ highlights the most important causes of the
problem, highest to lowest left to right.
4. Internal Category profile - ANSWER ✔ Understanding all aspects of a
particular sourcing category that could ultimately have an impact on the
sourcing strategy within our organization.
5. External Industry Analysis - ANSWER ✔ Profiling the major forces and
trends that are impacting an industry, including pricing, competition,
regulatory forces, substitution, technology changes, and supply/demands
trends.
6. Maverick Spending - ANSWER ✔ Spending without purchasing process
from suppliers to save cost
7. The Make-or-Buy Decision - ANSWER ✔ A high-level, strategic decision
regarding which products or services will be provided internally (Make) and
which will be provided by external supply chain partners (Buy)
,8. Insourcing - ANSWER ✔ The use of resources within the firm to provide
products or services. "Do it Myself" [Insourcing the Supply Chain is
"Vertical integration"]
9. Outsourcing - ANSWER ✔ The use of supply chain partners to provide
products or services. "Pay someone to Do it"
10.Off-shoring - ANSWER ✔ Location of an Insourced or outsourced Firm in
a foreign country
11.Near shoring - ANSWER ✔ Offshoring in an adjacent country
12.On-shoring - ANSWER ✔ Location of an insourced or Outsourced Firm in
the firm's country
13.Kraljic's Portfolio analysis - ANSWER ✔ A structured approach used by
decision makers to develop a sourcing strategy for a product or service,
based on the value potential and the relative complexity or risk represented
by a sourcing opportunity.
14.Which of the following are reasons to hold inventories in storage?
To achieve production economies of scale.
To maintain a source of supply.
To support customer service policies.
To achieve production economies of scale and to support customer service
policies.
To achieve production economies of scale, to maintain a source of supply,
and to support customer service policies. - ANSWER ✔ To achieve
production economies of scale, to maintain a source of supply, and to
support customer service policies.
15.Which of the following specialized services would not be provided by a
public warehouse?
Ability to store and handle any highly specialized product requiring special
handling and unusual storage requirements.
, Breaking down manufacturers' case quantities to enable orders for less-than-
full case quantities to be filled.
Combine orders of different customers located in a market and shipping
them at the carload or truckload rate.
Consolidation of damaged product and products being recalled by the
manufacturer.
Packaging of manufacturers' products for shipping. - ANSWER ✔ Ability
to store and handle any highly specialized product requiring special handling
and unusual storage requirements.
16.Which of the following can be used to improve warehouse productivity?
Automation (e.g., robotics, conveyors, AS/RS)
Focus on continuous improvement.
Maximization of vertical space.
Taking advantage of technology (e.g., IoT, WMS, blockchain)
All of the options could improve warehouse productivity. - ANSWER ✔
All of the options could improve warehouse productivity.
17.As service levels increase, it requires more warehousing space to store more
inventory, unless the throughput rate/turnover of products stored in the
warehouse increases.
True
False - ANSWER ✔ True
18.From a physical distribution or outbound perspective, warehouses can be
used for outbound consolidation, but not for product mixing.
True
False - ANSWER ✔ False
19.community and site selection facility considerations - ANSWER ✔ -local
labor and skill availability
-utility availability and cost
-quality of life issues
-land availability and cost
, 20.What are the 2 trends in facility location? - ANSWER ✔ business cluster
and sustainable development
21.business clusters (trend in facility location) - ANSWER ✔ the geographic
concentration of interconnected companies and institutions in a particular
field
22.weighted center of gravity method - ANSWER ✔ a logistics decision
modeling technique that attempts to identify the "best" location for a single
warehouse, store, or plant given multiple demand points that differ in
location and importance.
23.Why do people want "optimal" calculated solutions? - ANSWER ✔ -
changing or trending market conditions
-changing or trending organizational capabilities
-need to minimize risk.
-infeasible outcomes
-other factors that make decisions undesireable
24.the green logistics strategic triple bottom line consists of? - ANSWER ✔
economic prosperity, social responsibility, environment stewardship
25.In triple bottom line, the firms strategy describes how it will: - ANSWER
✔ create and sustain value for its current shareholders.
26.shareholders - ANSWER ✔ people/organizations that own stock
27.stakeholders - ANSWER ✔ people/organizations who are influenced by
the firm's actions
28.sustainability - ANSWER ✔ meet value goals but do not compromise the
success of future generations
29.environmentally conscious - ANSWER ✔ meet value goals but dont
compromise global environment
30.____________ can meet both economic and environment friendly goals. -
ANSWER ✔ greener freight
2026/2027 ACCURATE QUESTIONS WITH
CORRECT DETAILED SOLUTIONS ||
100% GUARANTEED PASS
<NEWEST VERSION>
1. Strategic Sourcing Process - ANSWER ✔ Identifying ways to improve
long-term business performance by better understanding sourcing needs,
developing long-term sourcing strategies, selecting suppliers, and managing
the supply base.
2. Spend Analysis - ANSWER ✔ The application of quantitative techniques
to purchasing data in an effort to better understand spending patterns and
identify opportunities for improvement.
3. Pareto chart - ANSWER ✔ highlights the most important causes of the
problem, highest to lowest left to right.
4. Internal Category profile - ANSWER ✔ Understanding all aspects of a
particular sourcing category that could ultimately have an impact on the
sourcing strategy within our organization.
5. External Industry Analysis - ANSWER ✔ Profiling the major forces and
trends that are impacting an industry, including pricing, competition,
regulatory forces, substitution, technology changes, and supply/demands
trends.
6. Maverick Spending - ANSWER ✔ Spending without purchasing process
from suppliers to save cost
7. The Make-or-Buy Decision - ANSWER ✔ A high-level, strategic decision
regarding which products or services will be provided internally (Make) and
which will be provided by external supply chain partners (Buy)
,8. Insourcing - ANSWER ✔ The use of resources within the firm to provide
products or services. "Do it Myself" [Insourcing the Supply Chain is
"Vertical integration"]
9. Outsourcing - ANSWER ✔ The use of supply chain partners to provide
products or services. "Pay someone to Do it"
10.Off-shoring - ANSWER ✔ Location of an Insourced or outsourced Firm in
a foreign country
11.Near shoring - ANSWER ✔ Offshoring in an adjacent country
12.On-shoring - ANSWER ✔ Location of an insourced or Outsourced Firm in
the firm's country
13.Kraljic's Portfolio analysis - ANSWER ✔ A structured approach used by
decision makers to develop a sourcing strategy for a product or service,
based on the value potential and the relative complexity or risk represented
by a sourcing opportunity.
14.Which of the following are reasons to hold inventories in storage?
To achieve production economies of scale.
To maintain a source of supply.
To support customer service policies.
To achieve production economies of scale and to support customer service
policies.
To achieve production economies of scale, to maintain a source of supply,
and to support customer service policies. - ANSWER ✔ To achieve
production economies of scale, to maintain a source of supply, and to
support customer service policies.
15.Which of the following specialized services would not be provided by a
public warehouse?
Ability to store and handle any highly specialized product requiring special
handling and unusual storage requirements.
, Breaking down manufacturers' case quantities to enable orders for less-than-
full case quantities to be filled.
Combine orders of different customers located in a market and shipping
them at the carload or truckload rate.
Consolidation of damaged product and products being recalled by the
manufacturer.
Packaging of manufacturers' products for shipping. - ANSWER ✔ Ability
to store and handle any highly specialized product requiring special handling
and unusual storage requirements.
16.Which of the following can be used to improve warehouse productivity?
Automation (e.g., robotics, conveyors, AS/RS)
Focus on continuous improvement.
Maximization of vertical space.
Taking advantage of technology (e.g., IoT, WMS, blockchain)
All of the options could improve warehouse productivity. - ANSWER ✔
All of the options could improve warehouse productivity.
17.As service levels increase, it requires more warehousing space to store more
inventory, unless the throughput rate/turnover of products stored in the
warehouse increases.
True
False - ANSWER ✔ True
18.From a physical distribution or outbound perspective, warehouses can be
used for outbound consolidation, but not for product mixing.
True
False - ANSWER ✔ False
19.community and site selection facility considerations - ANSWER ✔ -local
labor and skill availability
-utility availability and cost
-quality of life issues
-land availability and cost
, 20.What are the 2 trends in facility location? - ANSWER ✔ business cluster
and sustainable development
21.business clusters (trend in facility location) - ANSWER ✔ the geographic
concentration of interconnected companies and institutions in a particular
field
22.weighted center of gravity method - ANSWER ✔ a logistics decision
modeling technique that attempts to identify the "best" location for a single
warehouse, store, or plant given multiple demand points that differ in
location and importance.
23.Why do people want "optimal" calculated solutions? - ANSWER ✔ -
changing or trending market conditions
-changing or trending organizational capabilities
-need to minimize risk.
-infeasible outcomes
-other factors that make decisions undesireable
24.the green logistics strategic triple bottom line consists of? - ANSWER ✔
economic prosperity, social responsibility, environment stewardship
25.In triple bottom line, the firms strategy describes how it will: - ANSWER
✔ create and sustain value for its current shareholders.
26.shareholders - ANSWER ✔ people/organizations that own stock
27.stakeholders - ANSWER ✔ people/organizations who are influenced by
the firm's actions
28.sustainability - ANSWER ✔ meet value goals but do not compromise the
success of future generations
29.environmentally conscious - ANSWER ✔ meet value goals but dont
compromise global environment
30.____________ can meet both economic and environment friendly goals. -
ANSWER ✔ greener freight
