What is Supply Chain Management? - Definition & Importance

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is the first step in the supply chain?

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1. Which of the following statements is NOT true?

2. Supply chains have three flows. Which of the following is one of the three flows?

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About This Quiz & Worksheet

Supply chain management is necessary for helping the movement of goods and services flow smoothly. The quiz assesses your understanding of the steps in the supply chain and the overall importance of supply chain management.

Quiz & Worksheet Goals

These materials test what you know about:

  • Steps in the supply chain
  • Supply chain flows
  • The importance of SCM

Skills Practiced

  • Interpreting information - show that you know what SCM is and why it is important
  • Distinguishing differences - choose an untrue statement about supply chain management from a series of true statements
  • Information recall - be able to remember the basic steps of the supply chain

Additional Learning

The lesson What is Supply Chain Management? - Definition & Importance gives students a more in-depth look at this topic. The objectives covered there are:

  • Define supply chain
  • Understand the three supply chain flows
  • How the supply chain affects businesses
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