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APICS CSCP Certification Exam covers a wide range of topics related to supply chain management, including design, planning, execution, control, and monitoring. CSCP exam tests candidates on their knowledge of supply chain management strategies, tools, and techniques, as well as their ability to apply this knowledge in real-world scenarios. Certified Supply Chain Professional certification is ideal for professionals who want to improve their knowledge and skills in supply chain management and advance their careers.
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The CSCP Certification program has been designed for professionals who are involved in all aspects of supply chain management, including planning, sourcing, production, delivery and return. The program is intended to provide a comprehensive understanding of the supply chain, and to teach professionals how to develop and implement effective supply chain strategies that will improve the efficiency and effectiveness of their organizations. The program covers a wide range of topics, including demand planning, inventory management, supplier relationship management, and logistics. APICS Certified Supply Chain Professional Sample Questions (Q228-Q233):NEW QUESTION # 228
What type of e-market would involve a single, typically large, buyer?
A. private
B. all of the above
C. A or B
D. consortium
E. public
Answer: A
NEW QUESTION # 229
Which of the following actions is most likely to improve the cash-to-cash cycle time?
A. Implement vendor-managed inventory (VMI) with key customers
B. Establish targeted promotions for the most profitable market segments
C. Implement vendor-managed inventory (VMI) with key suppliers
D. Find suppliers with lower total cost of ownership (TCO)
Answer: C
Explanation:
Section: Implementation and Operations
NEW QUESTION # 230
The most appropriate reason for a business to comply with the United Nations (UN) Global Compact practices typically would be to:
A. reduce the cost of operating in multiple countries.
B. enhance the competitive advantage.
C. reduce the threat of organized labor.
D. gain access to proven management tools.
Answer: B
NEW QUESTION # 231
Which of the following practices allows each process to operate at maximum efficiency rather than having the speed of the entire process constrained by the slowest operation?
A. Supply/demand balancing
B. Pull production
C. Theory of constrains (TOC)
D. Decoupling
Answer: D
Explanation:
Decoupling in supply chain management refers to the practice of creating a buffer, or decoupling point, between different stages of production or the supply chain. This allows each process to operate independently at its maximum efficiency without being constrained by the slower operations. For instance, maintaining inventory at certain points in the supply chain can help in decoupling processes, thus ensuring that each segment can function optimally and that variations or delays in one part do not impact the overall speed of the supply chain.
:
Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain:
Concepts, Strategies, and Case Studies. McGraw-Hill Education.
Slack, N., Chambers, S., & Johnston, R. (2010). Operations Management. Pearson Education.
NEW QUESTION # 232
A company considers moving a portion of its production to a distant country to support a major customer.
Which of the following actions is most effective in mitigating the risk of financial loss in the event of a global economic downturn?
A. Adding features for all products
B. Reducing the global work force
C. Expanding the customer base globally
D. Reducing prices of all products
Answer: C
Explanation:
* Risk Mitigation in Global Economic Downturn: Diversification is a key strategy to mitigate financial risk during economic downturns.
* Actions Considered:
* Expanding the Customer Base Globally: Diversifies revenue streams, reducing dependency on any single market, thus spreading risk.
* Reducing the Global Workforce: May reduce costs but doesn't address revenue risks and could harm operational capacity.
* Reducing Prices of All Products: Could lead to decreased margins and isn't sustainable long-term.
* Adding Features for All Products: Increases costs and may not align with market demand during a downturn.
* Conclusion: Expanding the customer base globally is the most effective action to mitigate financial loss by spreading revenue sources and reducing dependency on a single market.
References
* "Global Supply Chain Management: Leveraging Processes, Measurements, and Tools for Strategic
* Corporate Advantage" by G. Tomas M. Hult, David J. Ketchen Jr., and Elnora W. Stuart.
* APICS Dictionary, 16th Edition.