Quiz: Supply Chain Management – Lowering Costs and Improving Speed
AQA GCSE Business 8132
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Building on what you've learned about stock control, logistics, and supplier choice, let's test your understanding of how supply chain management reduces costs and improves speed!
What is the role of supply chain management in a business?
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Which of the following are ways supply chain management can reduce costs? (Select all that apply)
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Supply chain management aims to improve {{blank0}} by ensuring products are delivered {{blank1}}.
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Match the items on the left with their correct pairs on the right
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A business buys 1,000 units at £5 each, and transportation costs are £500. What is the total cost?
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Match the items on the left with their correct pairs on the right
What is a risk of poor supplier reliability in supply chain management?
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How does supply chain management improve customer satisfaction? (Select all that apply)
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Economies of scale in supply chain management are achieved by {{blank0}} larger quantities, which lowers the {{blank1}} per unit.
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