CLP Risk Management & Sustainability Flashcards
6 cards from real CLP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CLP Risk Management & Sustainability flashcards as text
Which strategy involves sourcing the same component from multiple suppliers to reduce supply chain risk?
Answer: Dual or multi-sourcing
Dual or multi-sourcing distributes purchasing across two or more suppliers to mitigate the risk of supply disruption from a single source.
A business continuity plan (BCP) in logistics is designed to:
Answer: Ensure critical logistics operations continue during disruptions
A BCP outlines procedures and resources needed to maintain essential logistics functions during and after a significant disruption.
What does supply chain visibility primarily help organizations manage?
Answer: Risks by tracking goods and identifying potential disruptions in real time
Supply chain visibility enables organizations to monitor shipment status and inventory levels in real time, allowing faster response to emerging risks.
Carbon footprint reduction in logistics is most directly achieved by:
Answer: Optimizing transportation routes and shifting to fuel-efficient modes
Route optimization and modal shifts to more fuel-efficient transportation directly reduce greenhouse gas emissions from logistics operations.
A risk heat map in supply chain management is used to:
Answer: Visualize and prioritize risks by likelihood and impact
A risk heat map plots identified risks on a matrix of likelihood versus impact to help prioritize mitigation efforts.
Which term describes a supply chain designed to recover quickly after a disruption?
Answer: Resilient supply chain
A resilient supply chain incorporates redundancy, flexibility, and rapid response capabilities to recover quickly from disruptions.