Sell-side e-commerce must include:

automated order entry and tracking.

electronic data interchange (EDI).

automated order entry and tracking.

Kaizen is a process used in supply chain networks primarily to achieve:

long-term stability of suppliers.

radical changes in interorganizational processes.

higher profits for the dominant member.

Which of the following actions is most likely to improve the flow of funds between a group of supply chain partners?

Increasing the level of information sharing and collaboration

Negotiating a single set of terms for the trading partners

Increasing a partner's cash-to-cash cycle time

Selecting a single currency for all group transactions

A key assumption of the economic order quantity (EOQ) is that:

the rate of demand is continuous and constant.

future demand cannot be projected.

the rate of demand is continuous and constant.

as the lot size decreases, the setup cost per unit decreases.

A company with a fleet of trucks is considering using a third-party logistics (3PL) provider to distribute a new product. Which of the following benefits most likely will result?

Limited exposure to regulatory violations

Which of the following cost elements typically would be included in the cost of carrying inventory?

Depreciation of product equipment

Which of the following sustainability tools is most appropriate for managing environmental compliance with regulatory requirements?

Global Reporting Initiative (GRI)

The most cost-effective way to increase the velocity of goods in a supply chain is to:

improve the way the supply chain handles goods that are not in motion.

switch to a faster mode of transportation.

establish warehouses near major retail outlets.

subcontract with multiple third-party logistics (3PL) providers who are located at strategic locations.

In a reverse supply chain, which of the following tools enables forecasting the usability of each part in the returned product?

A disassembly bill of material (BOM)

Which of the following actions by trading partners will likely reduce the goods that will be processed by the reverse supply chain?

Providing support and service for proper product use

Contracting with a third party to process returned goods

Designing products that are easy to disassemble

Working to delay regulations that require accepting returns

Providing support and service for proper product use

In order to bring a new product to market quickly while maximizing customer value and minimizing costs, a company should leverage:

concurrent engineering or participative design.

top performing suppliers in the areas of quality, cost, and availability.

crowdsourcing for design capital requirements.

concurrent engineering or participative design.

Quality function deployment (QFD) is a methodology designed to ensure that:

customer requirements are understood and met.

quality is maintained at all levels of the organization.

suppliers providing high-quality parts are certified.

defective products do not reach customers.

customer requirements are understood and met.

A company distributes its products through wholesale, retail stores, and its e-commerce website. Inventory and demand forecasting for each channel is managed separately. The company is experiencing high levels of obsolete inventory. Which of the following strategies is most likely to reduce the levels of obsolescence?

Pool inventory and the forecast.

Place smaller orders with suppliers.

Pool inventory and the forecast.

Negotiate lower costs with suppliers.

For an item with high profit impact and low supply risk, what would be a likely procurement strategy to support the overall supply strategy?

Exploit purchasing power and minimize cost.

Ensure supply, even at a premium cost.

Vertically integrate the supply chain.

Exploit purchasing power and minimize cost.

Form a strategic sourcing group.

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?

Supplier's certification status

A company has a single manufacturing facility. It distributes the products through retail stores located in various regions. Which of the following distribution strategies will minimize the company's warehousing costs?

Shipping directly from the manufacturing facility to retail locations

Utilizing third-party logistics (3PL) providers

Pooling inventory in regional warehouses shipping to multiple retail

Shipping directly from the manufacturing facility to retail locations

Cross-docking at regional warehouses shipping to multiple retail stores

A firm has identified key benefits for developing a strategic alliance and has selected appropriate supply chain partners. Which of the following actions should the firm take to build a successful alliance with a supplier who is also a competitor?

Establish processes to control shared information.

Negotiate contracts that maximize the firm's profits.

Instruct employees to ignore the competitive aspect of the relationship.

Analyze market for competitive advantage.

Which of the following considerations are essential to a company's advanced supply chain strategy that utilizes cloud computing?

Understanding the content and scope of a company's cloud implementation

Understanding the history and evolution of supply chain technologies

Understanding the complexity of information services configuration

Understanding the content and scope of a company's cloud implementation

Understanding the product offering of local and global internet service providers (ISPs)

Which of the following supply chain fulfillment strategies is more commonly associated with e-commerce enabled supply chains?

Small number of niche customers

Fewer reverse logistics activities

A company's market is characterized be frequently changing product demand and pressure for short lead times. The company also faces intense competition. To enhance its competitiveness, the company should stress which of the following strategies?

Increase work-in-process (WIP) inventory

Which of the following responses to risk best describes the evolving concept of flexibility in supply chain risk management?

The ability to react quickly to changes or events while maintaining customer service levels

The practice of adjusting capacities in a manufacturing environment

The ability to react quickly to changes or events while maintaining customer service levels

The ability to produce high volume stock keeping units (SKUs) in multiple locations

The ability to produce complex configurations of a product within the standard lead time

Due diligence for conflict- or high-risk-materials should include which of the following processes:

a system of controls and transparency regarding the traceability of materials through the supply chain.

a method to track the country of origin of materials when they leave the country.

a system of controls and transparency regarding the traceability of materials through the supply chain.

certification primarily by companies that are selling directly to consumers about the firm's tier one suppliers.

ability to provide documentation of the source materials when they are imported into United Nations countries.

The Delphi forecasting method offers which of the following advantages?

It compensates for the individual biases of the participants.

It is based on widely used statistical formulas.

It compensates for the individual biases of the participants.

It assigns more weight to the demand from key customers.

It reduces the risk that a few individuals will dominate the process.

Which of the following objectives is emphasized most in an integrated logistics strategy?

Improved third-party logistics (3PL) collaboration

Which of the following criteria are important when establishing a warehouse distribution system?

Transportation costs and material handling costs

Cost of the overall system and service level desired

Material and handling costs and proximity to customers

Transportation costs and material handling costs

Service level desired and local presence

APICS CSCP Practice Test 8 - Free Online Exam Questions 281-320

A third-party logistics (3PL) provider most likely will add the greatest contributed value in the supply chain by:

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