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CSCP Exam Braindumps: Certified Supply Chain Professional & CSCP Questions and Answers

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APICS Certified Supply Chain Professional Sample Questions (Q429-Q434):

NEW QUESTION # 429
Which of the following is the key benefit obtained by using technology in supply chain?

A. Invoicing and payment can be done online improving cash-to-cash cycle time
B. Orders can be received online and shipped via online system quickly
C. Business can quickly tailor their service to customer expectations
D. Display product or service offerings online for easy access to information

Answer: A

Explanation:
The key benefit of using technology in supply chain management is the ability to handle invoicing and payment processes online, which significantly improves the cash-to-cash cycle time. This enhancement brings several advantages:
* Faster Transactions: Online invoicing and payment processing speed up financial transactions, reducing the time between paying for raw materials and receiving payment for finished goods.
* Improved Cash Flow: Quicker cash flow improves liquidity and provides better working capital management.
* Reduced Errors: Automated processes reduce the risk of human errors associated with manual invoicing and payments.
* Enhanced Visibility: Real-time tracking and reporting of financial transactions provide better visibility and control over the supply chain finances.
References:
* Hugos, M. H. (2018). Essentials of Supply Chain Management. Wiley.
* Jacobs, F. R., & Chase, R. B. (2018). Operations and Supply Chain Management. McGraw-Hill Education.

NEW QUESTION # 430
Which of the following measures of a supply chain performance is most desirable from a stockholder perspective?

A. Time to market of new products
B. Velocity and return on assets (ROA)
C. Lean manufacturing performance
D. Diversity of sales channels

Answer: B

Explanation:
The correct answer is D. Velocity and return on assets (ROA) is the most desirable measure of supply chain performance from a stockholder perspective. Velocity refers to the speed at which products move through the supply chain, which is important for meeting customer demand and reducing inventory costs. ROA measures the profitability of a company's assets, which is important for stockholders who are looking for a return on their investment. By improving velocity and ROA, a company can increase revenue and profitability, which is beneficial for stockholders.
Option A, diversity of sales channels, may be important for overall business success, but it does not directly relate to supply chain performance.
Option B, lean manufacturing performance, is also important for supply chain efficiency, but it does not necessarily translate to increased profitability or return on assets.
Option C, time to market of new products, is important for gaining a competitive advantage, but it does not directly relate to supply chain performance or stockholder perspective.

NEW QUESTION # 431
Designing the best system-wide or globally optimal, integrated supply chain solution isdifficult for all of the following reasons EXCEPT:

A. supply chains are complex networks of facilities dispersed over a large geography
B. monthly forecasts are always wrong
C. systems vary over time in response to environmental changes
D. different facilities in the supply chain frequently have conflicting objectives
E. supply chains are dynamic, evolving over time

Answer: B

NEW QUESTION # 432
Which of the following consequences is a result of shipping directly from the point of manufacture to the customer rather than through a distribution network?

A. Risk pooling benefits are negated.
B. Order-fill rate is decreased.
C. Distribution overhead is increased.
D. Delivery lead times are consistent.

Answer: A

NEW QUESTION # 433
Potential customers of a company's new product have tight tolerance requirements. The company plans to purchase a critical component. To meet customer requirements, the company should first:

A. develop an alternate source of supply.
B. bring manufacturing of the critical component in-house.
C. implement statistical process control for the component.
D. certify the supplier of the component.

Answer: D

NEW QUESTION # 434
......

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