A company closely monitors supplier performance and notices recent late deliveries from one supplier. The supplier discloses flood damage at the plant. The company quickly shifts sourcing to a new supplier and has minimal loss of sales. Which of the following risk strategies reflects the company's actions?
A. Achieving low cost through reaction
B. Creating an adaptive supply chain community
C. Reducing supply chain vulnerability
D. Investing in redundancy
A company is formally adhering to the principles of the UN Global Compact. After a review of their supply chain, they have found that a key supplier is in violation of the compact. The best action for the company to do first is:
A. do nothing. The company is not responsible for compliance of suppliers.
B. replace the supplier as soon as possible with a compliant supplier.
C. notify the supplier of non-compliance.
D. require the supplier to become compliant.
Which of the following actions is most likely to increase total supply chain risk?
A. Standardizing components used in a product family
B. Expanding operations to multiple locations
C. Consolidating manufacturing locations
D. Reducing the supplier base for commodity-type components
A business is changing from a business to business model to a business to consumer model. Which of the following statements about this supply chain change is true?
A. Returns from customers will decrease.
B. Number of supplier orders will increase.
C. Number of customer orders will increase.
D. Average supplier order size will increase.
Which of the following processes would a company use to evaluate the risk profile for end-of-life planning for a product family?
A. Distribution requirements planning
B. Sales and operations planning
C. Rough-cut capacity planning
D. Production activity control
The transportation manager at a consumer goods manufacturer has decided to begin shipping full truckload rather than less-than-truckload quantities. Which of the following outcomes is likely following implementation of this decision?
A. Inventory levels at the manufacturer will decrease.
B. Lead times as seen by the customer will increase.
C. Production efficiencies at the manufacturer will increase.
D. Transportation costs as seen by the customer will increase.
An effective procurement strategy for commodity products should focus on:
A. driving down cost and reducing risk.
B. spreading purchases equally across suppliers.
C. selecting primary and alternate sources.
D. selecting suppliers with value-added products.
A company that sells direct to industrial and commercial businesses has become successful by being responsive to the needs of its customers. The company currently produces in each country all of the products it sells in that country. Several countries in which the company operates have negotiated an agreement to establish a trading bloc. Which of the following actions by the company would be most appropriate if the agreement is implemented?
A. Consolidate production outside the trading bloc to reduce total costs.
B. Consolidate production within the trading bloc to reduce tariffs paid.
C. Outsource the production of products with low sales volumes to reallocate capacity.
D. Reassign products so that each is produced in a single facility within the trading bloc to get economies of scale.
The mission of the global reporting initiative (GRI) is to provide a:
A. comparison of key metrics for companies in the same industries across the globe.
B. feasible business plan that can be shown to global potential investors.
C. trusted and credible framework for reports regarding sustainability practices.
D. transparent collaboration between non-profit organizations and governments.
Which of the following ISO standards is used to assist organizations with sustainable development?
A. ISO 31000
B. ISO 14001
C. ISO 26000
D. ISO 9001
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only APICS exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CSCP exam preparations and APICS certification application, do not hesitate to visit our Vcedump.com to find your solutions here.