Practice Test GeeksCertified Supply Chain Professional CSCP Practice Practice Test
← All CSCP Flashcard Decks

Sourcing and Supplier Management Flashcards

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

Read the first 7 Sourcing and Supplier Management flashcards as text

  1. A company wants to reduce its supplier base from 300 to 50 vendors. This strategy is known as:

    Answer: Supply base rationalization

    Supply base rationalization is the deliberate reduction in the number of active suppliers to achieve better pricing, quality, and relationship depth.

  2. Which metric best measures a supplier's ability to fulfill orders at the correct quantity and specification without requiring a return?

    Answer: Perfect order fulfillment rate

    Perfect order fulfillment captures on-time, complete, damage-free, and correctly documented delivery in a single composite metric.

  3. What distinguishes a Request for Proposal (RFP) from a Request for Quotation (RFQ)?

    Answer: An RFP solicits technical approach and solution details, while an RFQ seeks a specific price for defined specifications

    An RFP is appropriate when the buyer wants suppliers to propose how they would meet requirements; an RFQ is used when specs are fully defined and only price is needed.

  4. Which practice involves a buyer sharing point-of-sale data with a supplier so the supplier can manage replenishment autonomously?

    Answer: Vendor-managed inventory (VMI)

    In VMI, the supplier uses the buyer's sales data to determine when and how much to replenish, shifting inventory management responsibility upstream.

  5. A procurement manager is evaluating whether to make or buy a sub-assembly. Which factor most strongly supports an outsource decision?

    Answer: The component is non-core and an external supplier has superior scale and expertise

    Non-core activities where suppliers have scale advantages are prime outsourcing candidates, freeing internal resources for strategic competencies.

  6. In a supply chain context, what is the primary goal of supplier segmentation?

    Answer: To allocate management attention and resources proportionally to supplier strategic importance

    Supplier segmentation tailors the level of relationship management, collaboration, and resources to each supplier tier based on risk and strategic value.

  7. Which negotiation strategy seeks a mutually beneficial outcome by addressing both parties' underlying interests rather than fixed positions?

    Answer: Principled negotiation (integrative bargaining)

    Principled or integrative negotiation focuses on interests and expanding the value of the deal for both sides rather than splitting a fixed pie.