L5M7 Exam Dumps (V8.02) from DumpsBase: The Reliable Study Guide to Help You Pass the CIPS Achieving Competitive Advantage Through the Supply Chain Exam

1. Which of the following statements about supply chain knowledge is correct? Select TWO.

2. Which of the following relationship styles is the least collaborative?

3. In what way has the increase in the use of technology affected buyerCsupplier relationships?

4. Which of the following describes an Adhocracy organisational structure? Select TWO.

5. In a typical Supply Chain Quality Framework (SCQF), which of the following characteristics is likely to feature?

Select THREE.

6. Jerry works in product development at a clothing manufacturer. The company is discussing ways of adding value for customers. Jerry suggests reducing prices could be a form of added value.

Is he correct?

7. Long runs, stable product design, and inventory buffers are objectives of which business function?

8. Why would a company use a Process Mapping Technique? Select TWO.

9. An organisation can leverage effective Supply Chain Management to deliver Competitive Advantage.

What is meant by Competitive Advantage?

10. Which of the following are incentives for suppliers to perform well on a contract? Select TWO.

11. For items viewed as Strategic/Critical (high supply risk and high value), which sourcing strategy is best?

12. Farmer Joe sells wheat and barley. He charges more when demand is high and less when demand falls.

What pricing strategy does he follow?

13. A strategy in which an organisation concentrates its resources on a narrow market or industry segment is which of Porter’s Generic Strategies?

14. For which of the following supply examples is trust in the supplier least important?

15. Tom, a Procurement Manager, is initiating a Supplier Rationalisation project.

What should he complete first to direct the project?

16. Which of the following can have a detrimental effect on supply-chain relationships? Select TWO.

17. Which approach to quality involves manufacturing only what is required, when it is required?

18. Which of the following departments within an organisation form part of the Value Chain?

Select THREE.

19. Electro Bob is a wholesaler of electrical equipment. One of its customers, RoostyFace, spends very little and is unlikely ever to increase its spend.

What type of customer is RoostyFace to Electro Bob (Supplier Preferencing Model)?

20. Kerry is a new department manager at XYZ Ltd. The company has several manufacturing divisions that serve different market segments.

She is considering introducing Total Quality Management (TQM) only in her division. Is this a good idea?

21. What is the primary motivation for offshoring?

22. 1.In a typical supply chain, in which direction does value-add travel?

23. In a supply chain, can a downstream supplier influence all aspects of quality including customer perception?

24. Which of the following is an example of Variable Pricing?

25. Where two organisations at different levels of the supply chain share responsibilities, resources, and performance information to serve similar end customers, what is this known as?

26. Just-in-Time (JIT) manufacturing is a form of which organisational strategy?

27. What is Six Sigma?

28. The effective balancing of demand variability and inventory that achieves the optimal time a product passes through the supply chain is known as:

29. Which of the following tactics helps organisations in the middle of a supply chain protect themselves from the Bullwhip Effect?

30. Plastic Fantastic Ltd manufactures plastic homeware. Customers can return used products to the retailer, who passes them back to the manufacturer for reprocessing.

What type of supply chain is this?