[Nov 22, 2021] CSCP certification guide Q&A from Training Expert PracticeDump
CSCP Certification Overview Latest CSCP PDF Dumps
Module 3: Supply Chain Improvements and Best Practices
The last module will address the objectives listed below:
- Managing risk in the supply chain. This area will teach you how to efficiently respond to risk events for overall business success.
- Measuring, analyzing, and improving the supply chain. Thus, you will get skilled in the techniques and tools of long-lasting improvement and how the performance alongside capabilities can contribute to this process.
- Complying with regulations, standards, and sustainable best practices. Here, you will deal with the standards & regulations of the jurisdictions where funds flow and will know more about sustainable business practices.
NEW QUESTION 120
Which of the following tools is most appropriate to use to determine projects that will achieve the greatest net benefits?
- A. Fishbone diagram
- B. Operation process chart
- C. Process flow diagram
- D. Pareto diagram
Answer: D
Explanation:
Section: Implementation and Operations
NEW QUESTION 121
Customizing can be an effective warehousing strategy because it allows a company to:
- A. add value to the product through modification, labeling, and packaging.
- B. effectively design its inbound and outbound dock areas.
- C. address trade-offs between space and material handling needs.
- D. allocate available storage space to optimize handling costs.
Answer: A
NEW QUESTION 122
The most important challenge to consider when sourcing globally is:
- A. the identification of sources capable of producing the materials.
- B. complying with specific import/export issues.
- C. balancing the difference between piece price and total cost.
- D. the availability of low-cost labor and energy.
Answer: C
NEW QUESTION 123
A manufacturer experiences frequent changes in product technology and market preferences, resulting in new product introductions each year. Which of the following sourcing strategies would be most appropriate?
- A. Multiple sourcing
- B. Sole sourcing
- C. Strategic partnering
- D. Long-term contracting
Answer: C
NEW QUESTION 124
Which of the following levels in a supply chain network represents the most upstream external activity?
- A. Customer to contractor
- B. Customer to distribution
- C. Supplier to contractor
- D. Manufacturing to supplier
Answer: C
NEW QUESTION 125
When evaluating several possible supply chain options, a firm considering the minimal total cost should:
- A. ensure that the inventory levels are as low as possible to minimize holding costs while still providing adequate customer service.
- B. place buffer inventory in the lowest cost locations that meet lead time and service level requirements from customers.
- C. account for the combined costs of holding buffer inventory and incurring inventory shortages.
- D. consider the costs of acquiring, holding, and transporting inventory and of servicing customers.
Answer: D
NEW QUESTION 126
The practice of purchasing items in large quantities and requesting that shipments be delivered directly to customers is referred to as:
- A. breaking bulk.
- B. cross-docking.
- C. freight equalization.
- D. drop shipping.
Answer: D
NEW QUESTION 127
Which of the following performance indicators can be used to measure the effectiveness of a vendor- managed inventory program?
- A. Inventory returns
- B. In-stock rate
- C. Number of inventory receipts
- D. Inventory usage
Answer: B
NEW QUESTION 128
In a make-or-buy decision, if the product is modular and the company is dependent on knowledge and capacity, outsourcing most likely will be:
- A. company policy
- B. considered risky
- C. considered necessary
- D. viewed as a way to reduce costs
Answer: D
NEW QUESTION 129
Why are profitability reports that capture all of the costs and revenue implications of arelationship important to an organization?
- A. it tracks supply chain process improvements over time
- B. profitability reports do not have to capture both costs and revenues
- C. it ensures that management is not reporting false numbers
- D. it allows the company to see who is getting the largest amount of profit
Answer: A
NEW QUESTION 130
Which of the following is the most important result when a company implements customer relationship management?
- A. Profits are maximized.
- B. Product options are increased.
- C. Retention of key customers is increased.
- D. Transaction costs are decreased.
Answer: C
NEW QUESTION 131
Kaizen is a process used in supply chain networks primarily to achieve:
- A. long-term stability of suppliers.
- B. higher profits for the dominant member.
- C. improved performance.
- D. radical changes in interorganizational processes.
Answer: C
NEW QUESTION 132
Which of the following measures of a supply chain performance is most desirable from a stockholder perspective?
- A. Velocity and return on assets (ROA)
- B. Time to market of new products
- C. Lean manufacturing performance
- D. Diversity of sales channels
Answer: C
NEW QUESTION 133
Which of the following activities occurs as part of the sales and operations planning process?
- A. The next quarter's forecasts are presented by sales staff to finance and operations personnel at the final meeting.
- B. Time fences are matched to master production schedule horizons.
- C. Plans are converted to financial projections and capacity requirements.
- D. Strategic plans are adjusted based on changing operating situations.
Answer: C
NEW QUESTION 134
Managing supply chain risks includes which of the following activities?
- A. Creating extra inventory to cover disruptions in the supply chain
- B. Charging each supply chain partner a portion of risk cost
- C. Setting aside funds for disruption-recovery efforts
- D. Developing alternatives to key suppliers
Answer: D
NEW QUESTION 135
A company is pursuing price as a competitive advantage. Which of the following operational performance indicators would the company most likely want to improve?
- A. Efficiency
- B. Sustainability
- C. Responsiveness
- D. Relevancy
Answer: C
Explanation:
Section: Mixed questions
NEW QUESTION 136
Compared to a blanket purchase order, a supplier alliance agreement is best differentiated by:
- A. a shared vision of added value.
- B. clearly identified roles for the buyer and seller.
- C. efficient material replenishment processes.
- D. a sole-source agreement.
Answer: A
NEW QUESTION 137
What is the value of the tracking signal if there is no bias?
- A. 0
- B. 1
- C. 2
- D. tracking signals have no relationship to bias
- E. 3
Answer: B
NEW QUESTION 138
A company that has consistently achieved a high level of on-time delivery performance has decided to reduce its inventory level significantly. Which of the following outcomes is the most likely effect of that decision on the company's on time delivery performance?
- A. It will decline and then stabilize at a lower level.
- B. It will improve and then stabilize at a higher level.
- C. It will decline until sales erode.
- D. There will be no effect.
Answer: A
NEW QUESTION 139
Which of the following corresponds to the area labeled "D" in the House of Quality shownbelow?
- A. "how much"
- B. "why" or competitive assessment
- C. correlation matrix
- D. "what" or customer requirements
- E. "how" or product/service features
Answer: A
NEW QUESTION 140
In a make-or-buy decision, if the product is modular and the company is dependent on knowledge and capacity, outsourcing most likely will be:
- A. company policy
- B. considered risky
- C. considered necessary
- D. viewed as a way to reduce costs
Answer: D
Explanation:
Section: Mixed questions
NEW QUESTION 141
A company wants to improve its transportation strategy to focus on its core manufacturing competence and reduce costs. Which of the following options is most likely to enable the company to achieve its objectives?
- A. Transition to leased transportation equipment
- B. Implement a transportation management system (TMS)
- C. Engage a third-party logistics (3PL) company
- D. Redesign the distribution network
Answer: C
Explanation:
Section: Mixed questions
NEW QUESTION 142
......
High level topics covered by our practice test
This Web Simulator is for Candidates who are expert in their customers' organizations of logistic and supply chain and business process. Candidates for this exam typically include consultants, managers and high level skilled people.
The Web Simulator will also help candidates to understand better how a supply chain works and to learn more when studying for the Certified in Production and Inventory Management exam.
CSCP Exam Requirements
To be eligible for the CSCP exam from ASCM, candidates must have already fulfilled one of the following requirements:
- Should have a Bachelor's degree or similar training of an international equivalent;
- Must have an active CFPIM, CPIM, SCOR-P, CPM, CSM, or CPSM certification.
- Have earned 3 years of business experience;
The Best APICS CSCP Study Guides and Dumps of 2021: https://www.practicedump.com/CSCP_actualtests.html
Top APICS CSCP Exam Audio Study Guide! Practice Questions Edition: https://drive.google.com/open?id=1S2FWfn450HGkgISurnXOtZK6LwU7f22c