What is supply chain management


Q1. What is Supply Chain Management?

Q2. What are the six (6) different functional areas of the Supply Chain Operations Research (SCOR) Model?

(Note: You only need to name them, you do not have to define/describe them)

Q3. What are the four foundational areas of Supply Chain Management?

(Note: You only need to name them, you do not have to define/describe them)

Q4. List five (5) Benefits of Supply Chain Management.

(Note: there are more than five, but you only need to list any five benefits)

Q5. Name and describe the two (2) basic Supply Chain Capabilities Models.

Q6. What is the difference between qualitative forecasting techniques and quantitative forecasting techniques?

Q7. What are the four (4) variations in Quantitative Forecasting?

(Note: You only need to name them, you do not have to define/describe them)

Q8. In terms of forecasting, what does Mean Absolute Deviation (MAD) measure?

Note: this question is NOT asking for the calculation, it is asking what is it that is being measured

Q9. Describe one action that supply chain participants can take to alleviate the Bullwhip Effect.

Q10. Name five (5) Time Series Forecasting Models?

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Supply Chain Management: What is supply chain management
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