New APICS CSCP Exam Book, Valid CSCP Test Practice
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APICS CSCP (Certified Supply Chain Professional) Exam is a globally recognized certification program that is designed to provide professionals with the skills and knowledge they need to excel in the field of supply chain management. APICS, the Association for Supply Chain Management, is the leading professional association for supply chain and operations management in the world, and the CSCP Certification is one of its flagship programs. The CSCP credential is highly respected in the industry and is recognized by employers around the world as a mark of excellence in supply chain management.
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APICS CSCP (Certified Supply Chain Professional) Certification Exam is designed to validate the knowledge and expertise of professionals in the supply chain management industry. Certified Supply Chain Professional certification exam is offered by the Association for Supply Chain Management (ASCM) and is globally recognized in the industry. CSCP Exam measures a candidate's skills and proficiency in supply chain best practices, providing them with a competitive edge in the job market.
APICS Certified Supply Chain Professional Sample Questions (Q420-Q425):
NEW QUESTION # 420
Improving fill rate is an objective related to which of the following perspectives of a balanced scorecard?
- A. Innovation
- B. Financial
- C. Learning and growth
- D. Internal business processes
Answer: C
NEW QUESTION # 421
Various researchers report that aggregating data into about 150 to 200 data points results in nomore than what percent error in the estimation of total transportation costs?
- A. 5 percent
- B. 10 percent
- C. 20 percent
- D. 25 percent
- E. 1 percent
Answer: E
NEW QUESTION # 422
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?
- A. Analyze market for competitive advantage.
- B. Instruct employees to ignore the competitive aspect of the relationship.
- C. Negotiate contracts that maximize the firm's profits.
- D. Establish processes to control shared information.
Answer: A
NEW QUESTION # 423
A firm has captured the following information for a product family:
The cash-to-cash cycle time is how many days?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: B
Explanation:
The cash-to-cash cycle time is calculated as the sum of days' sales outstanding (DSO), days' inventory outstanding (DIO), and minus days' payables outstanding (DPO). Using the provided data:
* Supply of inventory (DIO) = 53 days
* Payables outstanding (DPO) = 25 days
* Receivables outstanding (DSO) = 34 days
Cash-to-cash cycle time: Cash-to-cash cycle time=###+#######Cash-to-cash cycle time=DIO+DSO#DPO Cash-to-cash cycle time=53+34#25=62####Cash-to-cash cycle time=53+34#25=62days Therefore, the correct answer is C. 62 days. References:
* Coyle, J. J., Langley, C. J., Novack, R. A., & Gibson, B. (2016). Supply Chain Management: A Logistics Perspective. Cengage Learning.
* Jacobs, F. R., & Chase, R. B. (2020). Operations and Supply Chain Management. McGraw-Hill Education.
NEW QUESTION # 424
Which of the following supply chain areas utilize order management cost metrics?
- A. inbound freight
- B. Commodity management
- C. Inspection
- D. Distribution
Answer: D
Explanation:
Order management cost metrics are used to measure the efficiency and effectiveness of order processing and fulfillment activities. These metrics often include costs related to order entry, order processing, order picking, packing, and shipping, and customer delivery. Distribution is a key area in the supply chain where these metrics are crucial, as it involves the actual handling and movement of goods from the manufacturer to the end customer. This includes warehousing, inventory management, transportation, and delivery activities. Tracking these costs helps organizations optimize their distribution processes and reduce operational expenses.
References
* APICS Dictionary
* "Logistics & Supply Chain Management" by Martin Christopher
NEW QUESTION # 425
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