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APICS Certified Supply Chain Professional Sample Questions (Q479-Q484):

NEW QUESTION # 479
The focus of collaborative supply chain management differs from a transactional approach by its emphasis on the:

A. flow of supply into an organization.
B. flow of demand information and cash up the chain.
C. flow of product information up to the next level of the chain.
D. transportation of goods to the next link in the chain.

Answer: B

Explanation:
Collaborative supply chain management focuses on the integration and coordination of the supply chain entities to enhance overall performance. Unlike a transactional approach, which primarily emphasizes the exchange of goods or services, a collaborative approach emphasizes the flow of demand information and cash up the chain. This means that information about customer demand and financial transactions move upstream, enabling all parties in the supply chain to better plan and execute their operations in alignment with actual market demand, leading to improved efficiency and responsiveness.
References
* Lambert, D. M. (2008). Supply Chain Management: Processes, Partnerships, Performance. Supply Chain Management Institute.
* Mentzer, J. T., DeWitt, W., Keebler, J. S., Min, S., Nix, N. W., Smith, C. D., & Zacharia, Z. G. (2001).
Defining supply chain management. Journal of Business logistics, 22(2), 1-25.

NEW QUESTION # 480
Which of the following is a document issued by a carrier, acknowledging that specified goodshave been received for transport to a named place of delivery to a designated person?

A. bill of materials
B. packing slip
C. bill of lading
D. advance shipping notice
E. invoice

Answer: C

NEW QUESTION # 481
When tax planning is performed independently from supply chain planning, what does taxplanning often tend to take into consideration?

A. will operating costs be impacted
B. if supply chain initiatives will create additional tax burdens
C. how planned supply chain initiatives reduce operating costs
D. historic levels of income and expense within a company

Answer: D

NEW QUESTION # 482
Which of the following factors typically is most important to a company that uses the chase production strategy when evaluating potential suppliers for a component?

A. Quoted total price
B. Supplier's certification status
C. Supplier's agility
D. Quoted delivery time

Answer: C

Explanation:
The chase production strategy aims to match production rates to demand by adjusting output to meet fluctuating demand levels. For a company using this strategy, a supplier's agility is paramount. Agility refers to the supplier's ability to rapidly respond to changes in demand, which is critical for maintaining production schedules and minimizing inventory costs. The supplier's certification status, quoted delivery time, and quoted total price are also important but secondary to the ability to quickly adjust to changing needs, ensuring a smooth and responsive supply chain.
References:
* Stevenson, W. J. (2015). Operations Management.
* https://www.supplychain247.com

NEW QUESTION # 483
The use of break-bulk warehouses allows for reduced transportation costs by receiving:

A. sorting multiple receipts for outgoing shipments based on final destination.
B. staging products for delayed delivery to customers.
C. large shipments and arranging for distribution to locations as smaller shipments.
D. converting individual pallets of goods into truckloads (TLs).

Answer: C

NEW QUESTION # 484
......

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Ashley Davis Ashley Davis

Biography

Test CSCP Quiz, Cert CSCP Exam

Test CSCP Quiz Pass Certify| Professional Cert CSCP Exam: Certified Supply Chain Professional

APICS Certified Supply Chain Professional Sample Questions (Q479-Q484):

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