SCMN 2150 GIBSON EXAM 1 WITH CORRECT AND
VERIFIED ANSWERS 2025-2026
According to the Module 1b reading, ____________ is achieved when
the supply chain achieves better product availability, shorter order
cycle times and more reliable transit times. - answer-Enhanced
effectiveness
According to the Episode 1a reading, whst is the best way to reduce
lost sales? - answer-increase in-stock availability
What is SCM? - answer-includes all activites 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.
Supply Chain Management allows us to support customer requirements -
answer-BETTER, FASTER, and CHEAPER than ever before.
Which of the following it NOT a key goal of supply chain management?
Customer Care
Competitiveness
Efficiency
Responsiveness and Resiliency
Product innovation - answer-Product innovation
,Key Participants of the Supply Chain - answer-1. suppliers
2. manufacturers
3. retailers
4. customers
the customers demand drives what the retailer buys, what the
manufacturer makes and what the supplier delivers
What is driving greater company interest in supply chain management?
- answer-more intense competition
Which supply chain process focuses on the transformation of inputs
into outputs? - answer-production
Which utility allows companies to have products in locations where
customer demand will occur? - answer-place utility
According to the Module 1a reading, when benefit is achieved by supply
chain integration? - answer-greater demand planning accuracy
According to the Module 1 reading, what company ranked #1 in Gartner
2020 Supply Chain Top 25? - answer-Cisco
, If an organization can get its supply chain well synchronized, what
ultimate benefit will be achieved? - answer-Network excellence
Supply Chain Planning - answer-the suite sits on top of a transactional
system to provide decision support, what-if scenario analysis
capabilities, and real-time demand commitments, considering
constraints.
Supply Chain Execution - answer-involves the management of product
flow, information flow, and financial flow
-software that helps facilitate day to day operations from the time of
the purchase order to the finalized product in your hands
Supply chain event management (SCEM) - answer-enables an
organization to react quickly to resolve supply chain issues
In case of an event, the system sends an alert to a decision-maker via
email or an alert on a mobile device so immediate action can be taken.
Business Intelligence - answer-These tools extract key data across the
supply chain and provide it for key decision-makers
T/F Software tools help plan, execute, and control supply chain
activities in real time. - answer-true
VERIFIED ANSWERS 2025-2026
According to the Module 1b reading, ____________ is achieved when
the supply chain achieves better product availability, shorter order
cycle times and more reliable transit times. - answer-Enhanced
effectiveness
According to the Episode 1a reading, whst is the best way to reduce
lost sales? - answer-increase in-stock availability
What is SCM? - answer-includes all activites 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.
Supply Chain Management allows us to support customer requirements -
answer-BETTER, FASTER, and CHEAPER than ever before.
Which of the following it NOT a key goal of supply chain management?
Customer Care
Competitiveness
Efficiency
Responsiveness and Resiliency
Product innovation - answer-Product innovation
,Key Participants of the Supply Chain - answer-1. suppliers
2. manufacturers
3. retailers
4. customers
the customers demand drives what the retailer buys, what the
manufacturer makes and what the supplier delivers
What is driving greater company interest in supply chain management?
- answer-more intense competition
Which supply chain process focuses on the transformation of inputs
into outputs? - answer-production
Which utility allows companies to have products in locations where
customer demand will occur? - answer-place utility
According to the Module 1a reading, when benefit is achieved by supply
chain integration? - answer-greater demand planning accuracy
According to the Module 1 reading, what company ranked #1 in Gartner
2020 Supply Chain Top 25? - answer-Cisco
, If an organization can get its supply chain well synchronized, what
ultimate benefit will be achieved? - answer-Network excellence
Supply Chain Planning - answer-the suite sits on top of a transactional
system to provide decision support, what-if scenario analysis
capabilities, and real-time demand commitments, considering
constraints.
Supply Chain Execution - answer-involves the management of product
flow, information flow, and financial flow
-software that helps facilitate day to day operations from the time of
the purchase order to the finalized product in your hands
Supply chain event management (SCEM) - answer-enables an
organization to react quickly to resolve supply chain issues
In case of an event, the system sends an alert to a decision-maker via
email or an alert on a mobile device so immediate action can be taken.
Business Intelligence - answer-These tools extract key data across the
supply chain and provide it for key decision-makers
T/F Software tools help plan, execute, and control supply chain
activities in real time. - answer-true
