CLP Supply Chain Management & Planning 2

Question 1

Which demand planning technique uses historical sales data patterns, seasonality, and trends to project future demand?

Accepted Answer

Time-series forecasting

Answer

Time-series forecasting analyzes historical data patterns including trends and seasonality to project future demand.

Question 2

In supply chain risk management, 'supply chain visibility' primarily helps organizations do which of the following?

Accepted Answer

Identify and respond to disruptions before they escalate

Answer

Supply chain visibility enables proactive identification and response to disruptions by providing real-time data across the supply chain.

Question 3

A company experiences a sudden spike in customer orders due to a viral social media trend. Which supply chain strategy best addresses this sudden demand surge?

Accepted Answer

Activate pre-negotiated surge capacity with contract manufacturers

Answer

Pre-negotiated surge capacity with contract manufacturers allows rapid scaling to meet unexpected demand spikes.

Question 4

What is 'postponement' in supply chain strategy?

Accepted Answer

Deferring product differentiation as late as possible in the supply chain

Answer

Postponement defers product customization or differentiation to the latest feasible point in the supply chain to reduce inventory risk.

Question 5

Which metric measures the total time from when a customer places an order to when it is delivered, including all processing steps?

Accepted Answer

Order-to-delivery cycle time

Answer

Order-to-delivery cycle time captures the complete elapsed time from customer order placement through delivery.

(CLP) Certified Logistics Professional Practice Test

(CLP) Certified Logistics Professional Practice Test

CLP Supply Chain Management & Planning 2