CSCP Supply Chain Design 3

Question 1

Which of the following is an example of a 'reverse supply chain' activity?

Accepted Answer

Product returns, recycling, and refurbishment flows from customer back to manufacturer

Answer

Shipping products from factory to distribution center

Answer

Managing supplier payment terms

Answer

Forecasting future customer demand

Question 2

What does 'supply chain visibility' mean in the CSCP context?

Accepted Answer

The ability to track inventory, orders, and shipments across all tiers of the supply chain in real time

Answer

The physical layout of a warehouse that allows workers to see all inventory

Answer

Publishing supply chain data in annual reports

Answer

Conducting regular supplier audits

Question 3

When evaluating a new manufacturing location, which framework helps assess country-level risks?

Accepted Answer

PESTLE analysis (Political, Economic, Social, Technological, Legal, Environmental)

Answer

ABC classification

Answer

Economic order quantity model

Answer

Critical path method

Question 4

In supply chain design, 'nearshoring' refers to:

Accepted Answer

Relocating supply chain operations to nearby countries rather than distant low-cost regions

Answer

Moving warehouse operations closer to port facilities

Answer

Sourcing exclusively from domestic suppliers

Answer

Reducing the distance between distribution centers

Question 5

Which supply chain design strategy best mitigates the risk of a single-source supplier failure?

Accepted Answer

Multi-sourcing from geographically diverse suppliers

Answer

Increasing safety stock at a single warehouse

Answer

Implementing just-in-time inventory

Answer

Extending payment terms to all suppliers

Question 6

The 'landed cost' calculation for an imported product typically includes:

Accepted Answer

Product price, freight, insurance, customs duties, and taxes

Answer

Only the invoice price from the foreign supplier

Answer

Domestic transportation costs only

Answer

Warehouse storage costs after import clearance