Exam 3: APICS Certified Supply Chain Professional

A company has recently implemented a vendor-managed inventory (VMI) program with several key suppliers but quality issues are disrupting production. Which of the following actions would be more effective in dealing with these issues?

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?

Variation in upstream requirements can be reduced by increasing:

Which of the following benefits is most likely to be achieved with private warehousing?

Which of the following functions is most relevant for tactical purchasing?

A manufacturer of plastic components that are sold either directly or through distributors wants to identify the requirements of the end customers for each market segment. Which of the following approaches would be most appropriate?

A company has adequate average available capacity but does not maintain surge capacity. With a distribution route to manage, which of the following actions will provide the most capacity relief?

A company is pursuing price as a competitive advantage. Which of the following operational performance indicators would the company most likely want to improve?

Which of the following activities is most appropriate in the implementation of a lean production strategy?

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?

In an advanced planning and scheduling (APS) system, which of the following processes feeds the master schedule?

Which of the following statements about the use of bar code labels for product identification in the supply chain is true?

Goods were damaged during transit on a less-than-truckload (LTL) shipment. The goods were shipped free on board (FOB) destination. Who is responsible to file a freight claim?

Enterprise resources planning (ERP) is defined as a:

A firm has captured the following information for a product family: The cash-to-cash cycle time is how many days?

A company striving to improve its supply chain financial performance should concentrate on which of the following metrics?

A primary objective of a lean enterprise is to:

Which of the following characteristics are reflective of a resilient supply chain?

Which of the following measures effectively evaluates overall resources in a distribution warehouse?

A new supplier in a different country will offer substantial savings on existing components. Which part of the organization should be consulted to ensure this is a good strategy for the firm?