CSCP Sourcing and Supplier Management 3

Question 1

Which Kraljic matrix quadrant contains items that are high-profit impact AND high supply risk, requiring strategic partnerships?

Accepted Answer

Strategic items

Answer

Strategic items in the Kraljic matrix have both high profit impact and high supply risk, warranting long-term collaborative supplier relationships.

Question 2

A supplier scorecard shows a vendor's on-time delivery rate has dropped from 96% to 88% over three months. What is the BEST immediate procurement response?

Accepted Answer

Initiate a formal corrective action request with root cause analysis

Answer

A corrective action request requires the supplier to identify root causes and provide an improvement plan, addressing the problem directly.

Question 3

Which sourcing strategy is most appropriate for a commodity product with many qualified suppliers and low switching costs?

Accepted Answer

Competitive bidding with multiple suppliers

Answer

When many capable suppliers exist and switching costs are low, competitive bidding maximizes price leverage and supply flexibility.

Question 4

What is the main purpose of a supplier code of conduct?

Accepted Answer

To communicate the buyer's ethical, social, and environmental expectations to suppliers

Answer

A supplier code of conduct sets the non-commercial standards—labor practices, environmental compliance, anti-corruption—that suppliers must meet to do business.

Question 5

When a buyer negotiates a blanket purchase order, what is the PRIMARY operational benefit?

Accepted Answer

It reduces administrative overhead by pre-authorizing repeat releases against one agreement

Answer

A blanket purchase order establishes pricing and terms upfront so individual releases can be placed without re-negotiating, cutting transaction costs.

Certified Supply Chain Professional CSCP Practice Practice Test

Certified Supply Chain Professional CSCP Practice Practice Test

CSCP Sourcing and Supplier Management 3