CSCP Global Supply Chain Networks 5

Question 1

A global company is shifting from a 'just-in-time' (JIT) to a 'just-in-case' (JIC) inventory strategy following supply chain disruptions. What is the PRIMARY trade-off of this shift?

Accepted Answer

Higher inventory carrying costs in exchange for greater supply chain resilience

Answer

JIC requires holding more safety stock which increases carrying costs (capital, storage, obsolescence risk), but provides a buffer against supply disruptions and demand spikes.

Question 2

The US Customs and Border Protection (CBP) Customs-Trade Partnership Against Terrorism (C-TPAT) program is designed to:

Accepted Answer

Strengthen international supply chain security through partnership between government and trade

Answer

C-TPAT is a voluntary public-private partnership where companies implement supply chain security measures in exchange for expedited border processing and reduced inspection rates.

Question 3

A supply chain network analyst uses 'scenario planning' during network design. This technique is BEST described as:

Accepted Answer

Developing multiple future-state models based on different assumptions about uncertain variables

Answer

Scenario planning builds and tests multiple network configurations under different assumptions (e.g., demand growth, tariff changes, fuel costs) to find robust designs that perform well across scenarios.

Question 4

Which practice BEST describes 'supply chain segmentation' in a global context?

Accepted Answer

Tailoring supply chain strategies and capabilities to serve distinct customer or product groups differently

Answer

Supply chain segmentation recognizes that different customer segments or product lines have different service, cost, and flexibility requirements, warranting distinct supply chain configurations.

Question 5

A multinational company discovers that a tier-2 supplier is violating labor laws in its country of operation. Under responsible supply chain management principles, the BEST initial response is to:

Accepted Answer

Engage the tier-1 supplier to investigate and develop a corrective action plan with the tier-2 supplier

Answer

Responsible supply chain management favors engagement and remediation over immediate termination, working through tier-1 suppliers to correct violations while maintaining supply continuity.

Certified Supply Chain Professional CSCP Practice Practice Test

Certified Supply Chain Professional CSCP Practice Practice Test

CSCP Global Supply Chain Networks 5