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Last Attempt CSCP Questions

Page: 19 / 39
Question 76

Which of the following benefits of supplier relationship management typically results from collaboration with a few critical suppliers?

Options:

A.

Automation of supplier sales activities

B.

Elimination of formal contracts

C.

Reduction in customer and supplier inventories

D.

Standardization of communications

Question 77

Companies are more likely to consider the consequences of their product design decisions when they view the reverse supply chain as an extension of the:

Options:

A.

forward supply chain.

B.

marketing process.

C.

manufacturing process.

D.

sales and operations planning process.

Question 78

Which of the following corporate strategies is most consistent with a flexible supply chain strategy?

Options:

A.

Being the low-price leader

B.

Providing the highest-quality service

C.

Providing mature products with stable sales

D.

Emphasizing the quality of the product

Question 79

A company's annual cost of goods sold is $350 million, and inventory carrying cost is 18%. The company averages four inventory turns. The cost savings resulting from increasing inventory turns from four to six would be:

Options:

A.

$29,000,000.

B.

$15,750,000.

C.

$10,500,000.

D.

$ 5,250,000.

Page: 19 / 39
Exam Code: CSCP
Exam Name: Certified Supply Chain Professional
Last Update: Apr 26, 2024
Questions: 510
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