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BCI Supply Chain & Vendor Management Flashcards

6 cards from real BCI practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 6 BCI Supply Chain & Vendor Management flashcards as text
  1. What is a 'Tiered Supplier Criticality Model' used for in business continuity?

    Answer: To prioritize BC scrutiny and resources toward suppliers whose loss would most severely impact critical activities

    Tiering directs limited BC resources toward the suppliers that pose the greatest recovery risk if disrupted.

  2. Which document formalizes the recovery commitments between an organization and a critical third-party supplier?

    Answer: Business Continuity Service Level Agreement (BC-SLA) or Recovery SLA embedded in the master contract

    A BC-SLA or recovery SLA sets explicit recovery time and communication obligations that are legally enforceable.

  3. How does geographic concentration of suppliers increase BC risk?

    Answer: A regional disaster such as a hurricane or earthquake could simultaneously disable multiple suppliers, eliminating all alternatives

    When suppliers are clustered in one region, a single natural or man-made disaster can knock out all of them at once.

  4. What is 'inventory buffering' as a supply chain BC strategy?

    Answer: Maintaining strategic safety stock of critical materials to sustain operations during a supplier disruption

    Safety stock provides a time buffer that allows the organization to continue operating while alternative sourcing is activated.

  5. What should a BC Manager do when a critical supplier informs them they are filing for bankruptcy?

    Answer: Immediately activate contingency sourcing plans, communicate with stakeholders, and assess operational impact under the BC framework

    Supplier insolvency is a BC trigger that demands immediate activation of pre-planned contingency arrangements to protect critical activities.

  6. According to BCI guidance, why is it important to include supply chain scenarios in BC exercises?

    Answer: To validate that alternative sourcing plans actually work and that staff know how to execute them under pressure

    Exercising supply chain scenarios confirms the practical workability of contingency plans and builds staff competence before a real disruption.

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