Supply Chain Planning and Strategy Flashcards
6 cards from real Supply Chain and Logistics practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 Supply Chain Planning and Strategy flashcards as text
What is supply chain resilience?
Answer: The capacity to anticipate, adapt to, and quickly recover from supply chain disruptions
Supply chain resilience enables companies to withstand and recover from disruptions—whether natural, economic, or geopolitical—while maintaining customer service.
What is the purpose of a supply chain control tower?
Answer: A centralized hub providing real-time visibility and decision-support across the entire supply chain
A supply chain control tower aggregates data from across the supply chain to provide visibility, analytics, and coordinated response to disruptions.
What does 'supply chain agility' mean?
Answer: The ability to rapidly respond to changes in demand, supply, or market conditions
Supply chain agility is the capability to quickly adjust supply levels, routes, sourcing, and processes in response to unexpected changes.
What is a digital twin in supply chain management?
Answer: A virtual replica of the supply chain used for simulation, scenario planning, and optimization
A supply chain digital twin creates a real-time virtual model that mirrors physical operations, enabling what-if analysis and risk simulation.
What is demand sensing in supply chain planning?
Answer: Using near real-time data signals to improve short-term demand forecasts
Demand sensing uses point-of-sale data, inventory levels, and market signals to create highly accurate short-horizon demand forecasts.
What is the difference between strategic, tactical, and operational supply chain planning?
Answer: Strategic covers long-term network design, tactical covers mid-term capacity, operational covers day-to-day execution
Supply chain planning operates across three horizons: strategic (network design, years), tactical (capacity and sourcing, months), and operational (scheduling and execution, days).