Certified Supply Chain Professional CSCP Practice CSCP Sourcing Products and Services 1

Question 1

Which sourcing approach consolidates purchasing volume across business units to negotiate better pricing and terms?

Accepted Answer

Leverage buying

Answer

Decentralized procurement

Answer

Spot purchasing

Answer

Single sourcing

Question 2

What is the primary objective of supplier segmentation in strategic sourcing?

Accepted Answer

To classify suppliers by spend and risk so resources can be allocated appropriately

Answer

To eliminate all but one preferred supplier

Answer

To standardize payment terms across all vendors

Answer

To reduce the total number of procurement staff needed

Question 3

Which document is typically issued early in the sourcing process to gather general information and capabilities from potential suppliers?

Accepted Answer

Request for Information (RFI)

Answer

Purchase order

Answer

Statement of Work (SOW)

Answer

Master Service Agreement (MSA)

Question 4

In the make-or-buy decision framework, which factor most strongly favors outsourcing a component?

Accepted Answer

Internal capacity is fully utilized and the item is non-strategic

Answer

The component represents a core competency of the firm

Answer

The firm has proprietary technology embedded in the component

Answer

High switching costs are associated with the item

Question 5

What does a supplier scorecard primarily measure in ongoing supplier relationship management?

Accepted Answer

Supplier performance against agreed-upon KPIs such as quality, delivery, and cost

Answer

The supplier's credit rating and financial leverage

Answer

The number of contracts a supplier holds with competitors

Answer

Supplier diversity certification status

Question 6

Which negotiation strategy seeks a mutually beneficial outcome where both buyer and supplier achieve their key objectives?

Accepted Answer

Collaborative (win-win) negotiation

Answer

Competitive bidding

Answer

Win-lose negotiation

Answer

Reverse auction