Common Learning Block 5 Practice Questions Flashcards Preview

Supply Chain Management > Common Learning Block 5 Practice Questions > Flashcards

Flashcards in Common Learning Block 5 Practice Questions Deck (5)
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1
Q

The combination of personnel, processes, and systems to control inventory is called:

A

Inventory management

2
Q

Most inventory is initially obtained from:

A

Suppliers

3
Q

Inventory management is most obvious in which of the following areas:

A

Warehouse

4
Q

Reduction of inventory is necessary to:

A

Reduce operating costs

5
Q

Inventory management takes place:

A

Only on expensive items

Decks in Supply Chain Management Class (40):