CRP Supply Chain Resilience & Vendor Management Flashcards
6 cards from real CRP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 6 CRP Supply Chain Resilience & Vendor Management flashcards as text
What is the primary purpose of a supplier criticality assessment in supply chain resilience planning?
Answer: To rank suppliers by their impact on critical operations if they fail
A supplier criticality assessment ranks vendors by operational impact to help prioritize resilience investments and contingency planning.
Which strategy best reduces single-source dependency risk in a supply chain?
Answer: Dual or multi-sourcing critical components
Dual or multi-sourcing ensures an alternative supplier exists if the primary source is disrupted, directly reducing single-source dependency.
A Vendor Risk Assessment (VRA) should be performed at which point in the vendor lifecycle?
Answer: Before onboarding and periodically thereafter
Vendor risk assessments must occur before onboarding to establish a baseline and periodically thereafter to detect changes in vendor resilience posture.
What does a Mutual Aid Agreement (MAA) between organizations provide in supply chain resilience?
Answer: Pre-arranged reciprocal support during disruptions
Mutual Aid Agreements establish pre-negotiated terms for organizations to share resources, personnel, or services during a disruption.
Which metric is most useful for measuring supply chain vulnerability to disruption?
Answer: Mean Time to Recovery (MTTR) for critical suppliers
MTTR for critical suppliers quantifies how long recovery takes after a disruption, directly measuring supply chain vulnerability.
What is a key element of a robust supplier Business Continuity Plan (BCP) review process?
Answer: Verifying suppliers have tested their plans within the past 12 months
Verifying that suppliers have recently tested their BCPs confirms plans are actionable, not just documented.