CSCP CSCP Sourcing and Supplier Management Questions and Answers 2

Question 1

Which sourcing strategy involves awarding contracts to multiple suppliers to reduce dependency on a single source?

Accepted Answer

Multi-sourcing

Answer

Multi-sourcing distributes orders across several suppliers to mitigate supply disruption risk and maintain competitive pricing.

Question 2

What is the primary purpose of a supplier scorecard in supply chain management?

Accepted Answer

To measure and track supplier performance against key metrics

Answer

Supplier scorecards systematically evaluate supplier performance on metrics such as quality, delivery, cost, and responsiveness.

Question 3

In a total cost of ownership (TCO) analysis for sourcing decisions, which of the following is typically included beyond the purchase price?

Accepted Answer

Quality inspection, maintenance, and disposal costs

Answer

TCO captures all lifecycle costs including acquisition, quality, maintenance, warehousing, and end-of-life disposal beyond the unit price.

Question 4

What does the Kraljic Matrix primarily help procurement teams accomplish?

Accepted Answer

Segment purchases by supply risk and profit impact to determine sourcing strategies

Answer

The Kraljic Matrix classifies items into four quadrants based on supply risk and profit impact to guide differentiated sourcing strategies.

Question 5

Which supplier development activity involves a buying organization sending its own personnel to work at a supplier's facility?

Accepted Answer

Supplier resident engineer program

Answer

A supplier resident engineer program places the buyer's technical staff at the supplier site to directly support process improvements and quality.

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