CSCP Supply Chain Design Strategy 5

Question 1

Supply chain resilience is best achieved through which combination of strategies?

Accepted Answer

Redundancy, flexibility, visibility, and collaborative risk management

Answer

Single sourcing and just-in-time inventory only

Answer

Maximum inventory buffers at every node

Answer

Eliminating all suppliers from low-cost countries

Question 2

In supply chain design, 'demand shaping' refers to:

Accepted Answer

Using pricing, promotions, or incentives to influence customer demand patterns

Answer

Adjusting manufacturing capacity to match demand variability

Answer

Designing packaging to fit more units per pallet

Answer

Forecasting demand using historical sales data

Question 3

A fourth-party logistics provider (4PL) differs from a 3PL primarily because a 4PL:

Accepted Answer

Manages and integrates multiple 3PLs and supply chain resources on behalf of the client

Answer

Owns all transportation assets used in the supply chain

Answer

Only provides warehousing services

Answer

Specializes in customs brokerage

Question 4

Which supply chain design concept reduces the 'bullwhip effect'?

Accepted Answer

Sharing real-time demand information across all supply chain tiers

Answer

Increasing order batch sizes at each tier

Answer

Adding more intermediaries to the supply chain

Answer

Extending supplier lead times

Question 5

When should a company consider nearshoring as part of its supply chain redesign?

Accepted Answer

When the benefits of shorter lead times, lower logistics costs, and reduced risk outweigh higher production costs

Answer

When labor costs in nearby countries are higher than distant low-cost countries

Answer

When the company has excess inventory in distant warehouses

Answer

When customer demand is perfectly stable and predictable

Question 6

A company uses a postponement strategy for product customization. Which supply chain benefit does this most directly create?

Accepted Answer

Reduced finished goods inventory and improved forecast accuracy at the generic level

Answer

Higher raw material costs

Answer

Longer customer lead times

Answer

Increased number of SKUs in the warehouse

Question 7

In supply chain design, the concept of 'strategic fit' means:

Accepted Answer

The supply chain strategy aligns with the competitive strategy of the business

Answer

All suppliers are located within 100 miles of the factory

Answer

The company uses only the latest automation technology

Answer

The supply chain is designed to minimize the number of employees