Supply Chain Introduction – End of Section Assessment

The Supply Chain involves the movement of materials as they flow from their original source through to their final destination. This final destination is known as what?

Select if the following statement is True or False:

Anything concerned with the point of view of the customer is called a Downstream Activity.

There are considered to be two types of Supply Chain. Select which of the following is the correct two types.

Horizontal relationships occur between organisations that occupy a parallel position within the Supply Chain.

What are two or more businesses working together to achieve a better long term result for all parties concerned better known as?

Raw materials go through a process of receipt from the suppliers, quality checks and accuracy before being moved, finally into the warehouse. They are then known as what?

What is the movement of products, materials and information in the opposite direction, for the purpose of creating value or for correct disposal?

Select if the following statement is True or False:

Reverse logistics is the process of moving goods from their point of consumption to the appropriate link in the Supply Chain for the purpose of recapturing any residual value through re-manufacturing, restoration or correct disposal.

Why can reverse logistics be difficult to predict?