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[General] Latest APICS CSCP Test Pdf - New CSCP Test Practice

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【General】 Latest APICS CSCP Test Pdf - New CSCP Test Practice

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APICS Certified Supply Chain Professional Sample Questions (Q186-Q191):NEW QUESTION # 186
A company wants to reduce lead time while minimizing inventory costs. Which of the following approaches is most appropriate to implement?
  • A. Six sigma
  • B. Kaizen blitz
  • C. Make-to-stock
  • D. Lean
Answer: D
Explanation:
Section: Mixed questions

NEW QUESTION # 187
The purpose of continuous improvement in the supply chain is to:
  • A. eliminate the root causes of problems.
  • B. develop better written procedures.
  • C. reduce product costs.
  • D. improve interorganizational communication.
Answer: A

NEW QUESTION # 188
Which of these supply chain types correspond to the phrase "source centrally, bought locally"?
  • A. process-centric
  • B. product-centric
  • C. customer-centric
  • D. functional-centric
Answer: D

NEW QUESTION # 189
A firm has identified key benefits for developing a strategic alliance and has selected appropriate supply chain partners. Which of the following actions should the firm take to build a successful alliance with a supplier who is also a competitor?
  • A. Instruct employees to ignore the competitive aspect of the relationship.
  • B. Analyze market for competitive advantage.
  • C. Establish processes to control shared information.
  • D. Negotiate contracts that maximize the firm's profits.
Answer: C
Explanation:
When forming a strategic alliance with a supplier who is also a competitor, it is crucial to establish processes to control shared information. This ensures that sensitive data is protected and only relevant information necessary for the partnership is exchanged. By setting clear guidelines and boundaries for information sharing, both parties can collaborate effectively while safeguarding their competitive interests. Options B (Negotiating contracts), C (Instructing employees to ignore competition), and D (Analyzing market) are important but do not directly address the critical need for controlled information sharing in such alliances.
:
Das, T. K., & Teng, B. S. (2000). A Resource-Based Theory of Strategic Alliances. Journal of Management.
https://www.supplychaindive.com

NEW QUESTION # 190
It is most appropriate to measure spending per customer as a proportion of profitability during which of the following phases of a supplier/customer relationship?
  • A. Customer acquisition
  • B. Customer retention
  • C. Strategic customer care
  • D. Customer dependency
Answer: A
Explanation:
* Customer Acquisition: This is the process of gaining new customers or clients for a business. It involves marketing and sales strategies aimed at bringing new customers into the company's fold.
* Spending per Customer: During the customer acquisition phase, companies typically invest heavily in marketing, promotions, and discounts to attract new customers.
* Profitability Consideration: Measuring spending per customer in this phase helps companies understand the cost-effectiveness of their acquisition strategies and determine the return on investment.
* Rationale: High spending is expected in customer acquisition because it is a critical phase for building a customer base. This metric helps in evaluating and optimizing acquisition strategies to ensure long- term profitability.
References:
Kotler, P., & Keller, K. L. (2016). Marketing Management. Pearson.
Kumar, V., & Shah, D. (2004). Building and Sustaining Profitable Customer Loyalty for the 21st Century.
Journal of Retailing, 80(4), 317-329.

NEW QUESTION # 191
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