Master in Supply Chain Management and Logistics Practice Exam
Master in Supply Chain Management and Logistics Practice Exam
About Master in Supply Chain Management and Logistics Exam
The Master in Supply Chain Management and Logistics Practice Exam is designed to test your ability to manage end-to-end supply chains and logistics operations at an advanced level. This exam measures your skills in planning, sourcing, production, distribution and performance monitoring. Whether you are a graduate student, supply chain professional or logistics manager, this practice exam will highlight your strengths and show where you need to improve.
Who should take the Exam?
- Graduate students in supply chain management or logistics
- Supply chain planners and analysts
- Procurement and sourcing specialists
- Warehouse and distribution managers
- Transportation and logistics coordinators
- Consultants advising on supply chain strategy
Skills Required
- Solid understanding of supply chain concepts
- Familiarity with logistics and distribution processes
- Ability to analyse inventory and demand data
- Comfort with procurement and supplier management
- Basic knowledge of supply chain software tools
Knowledge Gained
- How to design and manage global supply chains
- Techniques for effective inventory and warehouse control
- Methods for strategic sourcing and supplier evaluation
- Best practices in transportation planning and network design
- Approaches to demand forecasting and sales-operations planning
- Use of ERP, WMS and TMS in supply chain operations
- How to measure performance with key indicators
- Strategies for risk management and sustainable supply chains
Course Outline
The Master in Supply Chain Management and Logistics Exam covers the following topics -
Domain 1 – Fundamentals of Supply Chain Management
- Definition, goals and importance of SCM
- Flows of product, information and finance
- Key functions: planning, sourcing, making and delivering
Domain 2 – Logistics and Distribution
- Distribution network design and channel selection
- Warehouse functions, layout and operations
- Third-party logistics, outsourcing and 4PL services
Domain 3 – Inventory Management and Warehousing
- Types of inventory and holding costs
- Economic Order Quantity and safety stock models
- Warehouse storage strategies and material handling
Domain 4 – Procurement and Supplier Relationship Management
- Strategic sourcing process and supplier selection
- Supplier evaluation, contracts and performance monitoring
- Collaborative relationships and negotiation techniques
Domain 5 – Transportation and Network Design
- Modes of transport and cost-service trade-offs
- Route planning, optimisation and consolidation
- International logistics, customs and trade compliance
Domain 6 – Demand Planning and Forecasting
- Qualitative and quantitative forecasting methods
- Sales and operations planning (S&OP) framework
- Master production scheduling and materials requirements planning
Domain 7 – Technology and Digital Supply Chain
- Role of ERP, WMS and TMS in SCM integration
- Emerging technologies: IoT, blockchain and AI applications
- Data analytics and real-time supply chain visibility
Domain 8 – Performance Measurement and Risk Management
- Key performance indicators and scorecards
- Risk identification, assessment and mitigation
- Sustainability, ethics and resilience in supply chains
