BASICS
What is Supply Chain?
The flow of goods from raw materials to the final customer
What is a warehouse used for?
Storing goods before they are shipped
Name one mode of transportation used in supply chain
Name one mode of transportation used in supply chain
What does Excel help you do in supply chain?
Organize and analyze data
What is one entry-level role in supply chain?
Analyst, coordinator, or intern
What is demand?
Customer need or desire for a product
What is picking?
Selecting items from inventory to fulfill an order
What is a shipment?
A batch of goods being transported
What Excel function adds numbers?
SUM
Why do delays happen in supply chains?
Weather, labor, traffic, shortages
What is inventory?
Products a company has in stock
What is inventory accuracy?
Matching physical stock with system records
What is lead time?
Time from order to delivery
What does a filter do in Excel?
Sorts and narrows data
What happens if inventory runs out?
Stockout / lost sales
What is supply vs demand balance?
What is supply vs demand balance?
What is throughput?
Amount of goods processed in a time period
What is last-mile delivery?
Final delivery to the customer
What is VLOOKUP/XLOOKUP used for?
Finding data in a table
Why is adaptability important in supply chain?
Things change quickly
What is the bullwhip effect?
Small demand changes causing large supply fluctuations
What is just-in-time inventory?
Keeping minimal stock to reduce costs
What is route optimization?
Finding the most efficient delivery path
What does a pivot table do?
Summarizes and analyzes large data
What makes someone stand out in supply chain roles?
Problem-solving, ownership, communication