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NEW QUESTION 26
A company wants to improve its transportation strategy to focus on its core manufacturing competence and reduce costs. Which of the following options is most likely to enable the company to achieve its objectives?
- A. Transition to leased transportation equipment
- B. Redesign the distribution network
- C. Engage a third-party logistics (3PL) company
- D. Implement a transportation management system (TMS)
Answer: C
NEW QUESTION 27
How do supply chain professionals create value for goods with a lower total value and alimited supply market?
- A. short term contracting
- B. reducing the transaction cost of the purchase
- C. blanket purchase orders
- D. collaborative efforts
- E. relying on competitive bidding
Answer: B
NEW QUESTION 28
Of the following common supply chain management trade-offs, which most appropriatelyaddresses decisions concerning aggregating materials movement?
- A. Lot-Size & Inventory
- B. Cost & Customer Service
- C. Product Variety & Inventory
- D. Lead-Time & Transportation Cost
- E. Inventory & Transportation Cost
Answer: E
NEW QUESTION 29
What distinct function/s does a supply chain perform?
I. market mediation
II. indirect
III.
physical
- A. I and III
- B. I, II, and III
- C. II and III
- D. I
- E. II
Answer: A
NEW QUESTION 30
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