CRP CRP Supply Chain Resilience & Vendor Management

Question 1

What is the primary purpose of a supplier criticality assessment in supply chain resilience planning?

Accepted Answer

To rank suppliers by their impact on critical operations if they fail

Answer

A supplier criticality assessment ranks vendors by operational impact to help prioritize resilience investments and contingency planning.

Question 2

Which strategy best reduces single-source dependency risk in a supply chain?

Accepted Answer

Dual or multi-sourcing critical components

Answer

Dual or multi-sourcing ensures an alternative supplier exists if the primary source is disrupted, directly reducing single-source dependency.

Question 3

A Vendor Risk Assessment (VRA) should be performed at which point in the vendor lifecycle?

Accepted Answer

Before onboarding and periodically thereafter

Answer

Vendor risk assessments must occur before onboarding to establish a baseline and periodically thereafter to detect changes in vendor resilience posture.

Question 4

What does a Mutual Aid Agreement (MAA) between organizations provide in supply chain resilience?

Accepted Answer

Pre-arranged reciprocal support during disruptions

Answer

Mutual Aid Agreements establish pre-negotiated terms for organizations to share resources, personnel, or services during a disruption.

Question 5

Which metric is most useful for measuring supply chain vulnerability to disruption?

Accepted Answer

Mean Time to Recovery (MTTR) for critical suppliers

Answer

MTTR for critical suppliers quantifies how long recovery takes after a disruption, directly measuring supply chain vulnerability.

(CRP) Certified Resilience Professional Practice Test

(CRP) Certified Resilience Professional Practice Test

CRP CRP Supply Chain Resilience & Vendor Management