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| Section | Weight | Objectives |
|---|
| Plan and Manage Inventory | 19% | - Inventory principles and control
- 1. Cost management and cycle counting
- 2. Inventory classification, EOQ and safety stock
|
| Plan and Manage Supply | 16% | - Supply planning and execution
- 1. Capacity management and sourcing strategies
- 2. Master scheduling, MRP and CRP
|
| Conduct Sales and Operations Planning (S&OP) to Support Strategy | 9% | - S&OP process and purpose
- 1. Aggregate demand and supply planning
- 2. Balancing supply and demand gaps
|
| Plan and Manage Demand | 9% | - Demand forecasting and planning
- 1. Forecasting methods and accuracy measurement
- 2. Customer relationship and demand prioritization
|
| Manage Quality, Continuous Improvement, and Technology | 11% | - Quality management and improvement
- 1. SPC, Six Sigma and Lean principles
- 2. Technology and digital transformation in supply chain
|
| Align the Supply Chain to Support the Business Strategy | 15% | - Supply chain environment and strategy alignment
- 1. Organizational and functional strategy development
- 2. Performance measurement and KPIs
- 3. Risk management and sustainability
|
| Plan, Manage, and Execute Detailed Schedules | 16% | - Scheduling techniques and execution
- 1. Detailed scheduling, finite/infinite capacity
- 2. Lean, TOC and JIT/Kanban applications
|
| Plan and Manage Distribution | 5% | - Distribution network and logistics
- 1. Reverse logistics and network design
- 2. DRP, transportation and warehousing
|
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APICS Certified in Planning and Inventory Management (CPIM 8.0) Sample Questions (Q497-Q502):
NEW QUESTION # 497
What BEST describes the end goal of a Disaster Recovery (DR) program?
- A. Review the status of mission-critical applications.
- B. Continue business operations during a contingency.
- C. Restore normal business operations.
- D. Prevent business interruption.
Answer: C
NEW QUESTION # 498
A consultant has been engaged to support the team in analyzing why the development of a new software product has slipped schedule by a year. The consultant discovered an increase of the functionality requirements due to the failure of the asset tracking program. Which of the following BEST describes which system lifecycle element is impacted?
- A. Stakeholder identification
- B. Operational efficiency
- C. Vision statement
- D. Solution boundary
Answer: D
NEW QUESTION # 499
What is most likely to be the effect of developing a current-state value stream map?
- A. Elimination of waste
- B. Increased component standardization
- C. Reduction in manufacturing lead time
- D. Identification of non-value-added activities
Answer: D
Explanation:
The correct answer is A. Identification of non-value-added activities .
A current-state value stream map documents how the process currently works. Its most immediate effect is to make visible the activities, queues, delays, movements, inspections, and other steps that do not add value from the customer's perspective. Actual reduction in lead time or elimination of waste usually happens later, after future-state mapping and improvement actions are implemented.
Exact extract: "In JIT manufacturing waste is considered any non-value added process or activity. These activities include overtime scrap paperwork approvals wait times or any other process that doesn't add value from the customer's perspective." Therefore, the best answer is A , because the current-state map first helps identify non-value-added activities; it does not automatically eliminate them.
NEW QUESTION # 500
The project manager for a new application development is building a test framework. It has been agreed that the framework will Include penetration testing; however, the project manager is keen to identify any flaws prior to the code being ready for execution. Which of the following techniques BEST supports this requirement?
- A. System reliability tests
- B. Database injection tests
- C. Static source code analysis
- D. System vulnerability scans
Answer: C
NEW QUESTION # 501
Which of the following statements correctly describes the relationship between the strategic plan and the business plan?
- A. The two plans are the output of a single process.
- B. The two plans are developed independently.
- C. These are two names for the same plan.
- D. The strategic plan constrains the business plan.
Answer: D
Explanation:
A strategic plan is a document that outlines the long-term vision, goals, and direction of an organization. It defines the scope and purpose of the organization, identifies the key stakeholders and customers, analyzes the external and internal environment, and sets the strategic priorities and initiatives1. A business plan is a document that describes the details of a specific business venture, product, or service. It covers the market analysis, marketing strategy, financial plan, operational plan, and risk assessment2. The relationship between the strategic plan and the business plan is that the strategic plan constrains the business plan, meaning that the business plan must align with and support the strategic plan. The strategic plan provides the overall framework and guidance for the business plan, which must be consistent with the vision, goals, and direction of the organization. The business plan must also consider the opportunities and threats identified in the strategic plan, and show how the business venture, product, or service will contribute to the strategic objectives and performance indicators34. Reference: 1 Strategic Plan vs. Business Plan: What's the Difference? 4 2 Business Plan Definition - Entrepreneur Small Business Encyclopedia 5 3 Difference between a Business vs Strategic Plan | OnStrategy 6 4 CPIM Exam Reference - Association for Supply Chain Management 1
NEW QUESTION # 502
......
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