Exam 3: APICS Certified Supply Chain Professional

A company wants to rapidly expand distribution internationally. The company has decided that distribution is not a core capability. Which of the following logistics strategies is most appropriate?

(Multiple Choice)

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Question 121

A firm has determined its cash-to-cash cycle time to be 60 days. The number of days' payables outstanding is 25, and number of days' sales outstanding is 35. If the firm reduces its inventory by 20%, the new cash-to-cash cycle time, in days, will be approximately:

(Multiple Choice)

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Question 122

Which of the following processes enables joint planning of key supply chain activities?

(Multiple Choice)

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Question 123

Which of the following metrics would be most appropriate for a group of trading partners that is trying to gain competitive advantage through supply chain reliability?

(Multiple Choice)

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Question 124

Which of the following objectives is the primary driver in the design and implementation of lean process management?

(Multiple Choice)

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Question 125

A large manufacturer wanting to be more competitive in the global market place decided to outsource its transportation and return processing to other companies on a contractual basis. The companies providing the services would be referred to as:

(Multiple Choice)

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Question 126

Continuous improvement is best described as:

(Multiple Choice)

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Question 127

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?

(Multiple Choice)

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Question 128

In order to achieve economies of scale, a manufacturer is interested in producing large quantities. Which of the following functions of inventory will assist the manufacturer in achieving this goal?

(Multiple Choice)

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Question 129

Reverse logistics processes are often more expensive than standard inbound processes because shipments consist of items that:

(Multiple Choice)

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Question 130

Understanding the unique needs and wants of a market segment is important because segments may have:

(Multiple Choice)

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Question 131

Customer relationship management (CRM) provides the sales and customer service functions with:

(Multiple Choice)

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Question 132

A toy company decides to buy more products from an overseas company to reduce costs. To make sure that goods clear customs more quickly, the company most likely would engage a:

(Multiple Choice)

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Question 133

The primary objective of supply chain management is:

(Multiple Choice)

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Question 134

Which of the following tools is an optimization tool for supply chain management?

(Multiple Choice)

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Question 135

A firm supplies products and services to a wide variety of industries with varying requirements for responsiveness and reliability. Many customers across these industries are not satisfied with the firm's ability to meet the lead time and on time delivery requirements. Which of the following tools is most appropriate for the firm to use to improve customer service?

(Multiple Choice)

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Question 136

Bill of lading (B/L) documentation includes which of the following?

(Multiple Choice)

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Question 137

A company exports products to emerging markets. Which of the following approaches would be used to enhance compliance, minimize risks, and connect supply chain activities?

(Multiple Choice)

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(75)

Question 138

Which of the following conditions are most indicative of a company that is effectively managing its cash?

(Multiple Choice)

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Question 139

The most useful inventory costing method which enables purchase price variance analysis is:

(Multiple Choice)

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Question 140

Showing 121 - 140 of 424

A company wants to rapidly expand distribution internationally. The company has decided that distribution is not a core capability. Which of the following logistics strategies is most appropriate?

A firm has determined its cash-to-cash cycle time to be 60 days. The number of days' payables outstanding is 25, and number of days' sales outstanding is 35. If the firm reduces its inventory by 20%, the new cash-to-cash cycle time, in days, will be approximately:

Which of the following processes enables joint planning of key supply chain activities?

Which of the following metrics would be most appropriate for a group of trading partners that is trying to gain competitive advantage through supply chain reliability?

Which of the following objectives is the primary driver in the design and implementation of lean process management?

A large manufacturer wanting to be more competitive in the global market place decided to outsource its transportation and return processing to other companies on a contractual basis. The companies providing the services would be referred to as:

Continuous improvement is best described as:

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?

In order to achieve economies of scale, a manufacturer is interested in producing large quantities. Which of the following functions of inventory will assist the manufacturer in achieving this goal?

Reverse logistics processes are often more expensive than standard inbound processes because shipments consist of items that:

Understanding the unique needs and wants of a market segment is important because segments may have:

Customer relationship management (CRM) provides the sales and customer service functions with:

A toy company decides to buy more products from an overseas company to reduce costs. To make sure that goods clear customs more quickly, the company most likely would engage a:

The primary objective of supply chain management is:

Which of the following tools is an optimization tool for supply chain management?

Bill of lading (B/L) documentation includes which of the following?

A company exports products to emerging markets. Which of the following approaches would be used to enhance compliance, minimize risks, and connect supply chain activities?

Which of the following conditions are most indicative of a company that is effectively managing its cash?

The most useful inventory costing method which enables purchase price variance analysis is:

Certification in Logistics, Transportation and Distribution

CPIM - Basics of Supply Chain Management

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