Exam CSCP topic 1 question 202 discussion

Actual exam question from APICS's CSCP

Question #: 202
Topic #: 1

A company closely monitors supplier performance and notices recent late deliveries from one supplier. The supplier discloses flood damage at the plant. The company quickly shifts sourcing to a new supplier and has minimal loss of sales. Which of the following risk strategies reflects the company's actions?

A. Achieving low cost through reaction
B. Creating an adaptive supply chain community
C. Reducing supply chain vulnerability
D. Investing in redundancy

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Suggested Answer: B 🗳️

by Doctore at Sept. 30, 2022, 4:10 p.m.

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SVGNR

7 months, 2 weeks ago

An "adaptive supply chain community" refers to a network of organizations, including manufacturers, suppliers, distributors, and retailers, that actively collaborate and share information to quickly adapt their supply chain operations to changing market conditions, disruptions, and customer demands, enabling them to respond flexibly and efficiently in a dynamic environment;

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GA301

1 year, 4 months ago

Selected Answer: D

Companies that respond successfully to unpredicted disruption will reinforce their competitive advantage and gain market share. They can increase their resilience by building in redundancy or flexibility. Redundancy can also be created by establishing safety stock, using multiple suppliers (even when more expensive), and intentionally setting low capacity utilization rates.

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