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| Section | Weight | Objectives |
|---|
| Module 3: Supply | 23% | - Procurement and Supplier Management
- 1. Supplier relationship management
- 2. Supplier selection and evaluation
- 3. Sourcing strategies and contract management
- Capacity Management
- 1. Capacity adjustment strategies
- 2. Capacity requirements planning (CRP)
- 3. Rough-cut capacity planning (RCCP)
- Material Requirements Planning (MRP)
- 1. Bill of materials (BOM) structures
- 2. Lot-sizing techniques and lead time management
- 3. MRP logic, inputs, and outputs
- Inventory Management
- 1. Safety stock and reorder point calculations
- 2. Inventory classification (ABC analysis, FSN, VED)
- 3. Inventory cost management and optimization
|
| Module 4: Detailed Schedules | 14% | - Production Activity Control
- 1. Work center loading and dispatching rules
- 2. Production monitoring and reporting
- 3. Shop floor scheduling and sequencing
- Just-in-Time (JIT) and Lean Concepts
- 1. Waste elimination and value stream mapping
- 2. Theory of constraints (TOC) and drum-buffer-rope
- 3. Pull systems and kanban
- Master Production Scheduling (MPS)
- 1. MPS maintenance and control
- 2. Available-to-promise (ATP) calculations
- 3. MPS development and time fences
|
| Module 5: Distribution | 16% | - Distribution Planning
- 1. Distribution network design
- 2. Warehouse management and layout
- 3. Distribution requirements planning (DRP)
- Transportation and Logistics
- 1. Freight management and routing
- 2. Reverse logistics and returns management
- 3. Transportation modes and selection
- Customer Service and Fulfillment
- 1. Order fulfillment strategies
- 2. Collaborative logistics and third-party providers
- 3. Inventory positioning in distribution
|
| Module 1: Supply Chains and Strategy | 26% | - Demand Management
- 1. Sales and Operations Planning (S&OP)
- 2. Forecasting techniques and demand sensing
- 3. Demand management processes
- Business Planning
- 1. Strategic planning process and market analysis
- 2. Risk management and mitigation strategies
- 3. Business plan development and alignment
- Supply Chain Strategy
- 1. Supply chain design and network optimization
- 2. Technology and digital supply chain
- 3. Sustainability and environmental considerations
- Performance Measurement
- 1. Key performance indicators (KPIs)
- 2. Continuous improvement methodologies
- 3. Cost management and financial analysis
|
| Module 2: Demand Management | 21% | - Demand Forecasting
- 1. Forecast error analysis and bias correction
- 2. Qualitative and quantitative forecasting methods
- 3. Forecast accuracy measurement and tracking
- Demand Planning
- 1. Product lifecycle management
- 2. Demand collaboration and consensus planning
- 3. Demand aggregation and disaggregation
- Order Management
- 1. Available-to-promise (ATP) and capable-to-promise (CTP)
- 2. Customer service and order priorities
- 3. Order fulfillment processes
|
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q399-Q404):
NEW QUESTION # 399
Which of the following factors typically would distort a sales forecast that is based solely on shipment history?
- A. Material shortages
- B. Labor rate changes
- C. Currency exchange rates
- D. Customer demands
Answer: D
Explanation:
A sales forecast that is based solely on shipment history assumes that the past demand patterns will continue in the future. However, this assumption may not be valid if there are factors that affect the customer demand that are not captured by the shipment history. For example, customer demands may change due to seasonality, promotions, new product introductions, competitor actions, economic conditions, or other external influences. These factors may distort the sales forecast that is based solely on shipment history and cause it to be inaccurate or unreliable. The other options are not factors that typically distort a sales forecast that is based solely on shipment history, as they do not directly affect the customer demand. Material shortages, labor rate changes, and currency exchange rates may affect the supply side of the business, but they do not necessarily reflect the customer preferences or needs. Reference:
CPIM Part 2 Exam Content Manual, p. 29
Sales Forecast: Complete Guide to Sales Forecasting in [2023]
The Complete Guide to Building a Sales Forecast | Salesforce
NEW QUESTION # 400
A vendor has been awarded a contract to supply key business software. The vendor has declined all requests to have its security controls audited by customers. The organization insists the product must go live within 30 days. However, the security team is reluctant to allow the project to go live. What is the organization's BEST next step?
- A. Gain assurance on the vendor's security controls by examining independent audit reports and any relevant certifications the vendor can provide.
- B. Evaluate available open source threat intelligence pertaining to the vendor and their product.
- C. Shift the negative impact of the risk to a cyber insurance provider, i.e., risk transference.
- D. Document a risk acceptance, in accordance with internal risk management procedures, that will allow the product to go-live.
Answer: A
NEW QUESTION # 401
The horizon for forecasts that are input to the sales and operations planning (S&OP) process should be long enough that:
- A. planned product launches can be incorporated.
- B. required resources can be properly planned.
- C. cumulative forecast deviation approaches zero.
- D. supply constraints can be resolved.
Answer: B
Explanation:
The horizon for forecasts that are input to the S&OP process should be long enough that required resources can be properly planned. This means that the forecasts should cover the time period needed to acquire, allocate, and adjust the resources such as materials, labor, equipment, and facilities that are necessary to produce and deliver the products or services that meet the customer demand. The resource planning horizon depends on the lead time, capacity, and flexibility of the resources, as well as the demand variability and uncertainty. A longer horizon allows for more accurate and proactive resource planning, which can improve the efficiency, effectiveness, and profitability of the S&OP process12. Reference: 1 Sales and Operations Planning (S&OP) 101| Smartsheet 3 2 CPIM Exam Reference - Association for Supply Chain Management 1
NEW QUESTION # 402
Which of the following MUST exist for an activity to be considered an audit?
- A. A certified member of a professional body qualified in the area of inspection
- B. An auditor that is in no way employed, connected or associated to the organization being audited
- C. Stored Personally Identifiable Information (PII) that an organization has a legal obligation to protect
- D. A predefined standard and systematic approach to test the application of that standard
Answer: D
NEW QUESTION # 403
Which is the MOST valid statement around the relationship of security and privacy?
- A. A system designed with security provides individuals with data privacy by default.
- B. Privacy in the realm of physical security often entails trade-offs with security.
- C. Privacy and security are mutually exclusive.
- D. Nonrepudiation protects against unauthorized disclosure of private data.
Answer: B
NEW QUESTION # 404
......
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