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NEW QUESTION # 141
What type of risk considers the possibility of a failure of inbound materials that renders a provider unable to meet customer demand within anticipated costs, within a stated time frame, or in a way that does not cause threats to customer safety?
Answer: A
Explanation:
Explanation
Supply risk is the risk of not being able to source the required raw materials, components, or services from suppliers to meet customer demand1.It can be caused by various factors, such as supplier failure, quality issues, natural disasters, geopolitical events, or market fluctuations1.Supply risk can affect the cost, quality, and delivery performance of a supply chain1.
1: https://www.ascm.org/ctsc-ecm/
NEW QUESTION # 142
What is an acceptable quality level (AQL) in the context of sampling inspection?
Answer: A
Explanation:
Explanation
an acceptable quality level (AQL) is defined in ISO 2859-1 as the "quality level that is the worst tolerable"1.This means that the AQL is the limit of defective units that can be accepted in a continuing series of lots during random sampling quality inspections1.The AQL is usually expressed as a percentage or ratio of the number of defects compared to the total quantity1.The AQL helps to induce the supplier to maintain a process average at least as good as the specified limit, while providing an upper limit for the risk to the consumer of accepting the occasional poor lot1.
1:Acceptable Quality Level (AQL): Definition and How It Works - Investopedia
NEW QUESTION # 143
As part of the digital supply chain transformation process, leadership should have its team of stakeholders prioritize which of the following as strategic assets?
Answer: D
Explanation:
Explanation
According to the CTSC Exam Content Manual, one of the steps in the digital supply chain transformation process is to identify and prioritize the strategic assets of the organization, which are the resources and capabilities that provide a competitive advantage and enable value creation1.One of the strategic assets that leadership should have its team of stakeholders prioritize is the internal and external data sources making up the supply chain, as data is the foundation of digital transformation and the key to unlocking insights, innovation, and efficiency2.Data sources can include operational data, customer data, supplier data, market data, and environmental data, among others2. The other options are not necessarily strategic assets, as they may not provide a distinctive edge or value proposition for the organization.Hardware and machinery, truck fleet and warehouses, and free cash flow are examples of tangible assets that can be easily replicated or substituted by competitors3.
NEW QUESTION # 144
Which of the following roles does a change agent involved in supply chain transformation most likely play?
Answer: C
Explanation:
Explanation
a change agent is someone who initiates, promotes, and supports the change process in an organization. A change agent can be an internal or external consultant, a leader, or a team member who helps to define the vision, strategy, and goals of the change, and also facilitates the communication, collaboration, and implementation of the change.Therefore, option D best describes the role of a change agent involved in supply chain transformation.123
NEW QUESTION # 145
Which of the following metrics is the most appropriate to use in order to measure the total end-to-end supply chain cost in fulfilling an order?
Answer: D
Explanation:
Explanation
Supply chain
Explore
Total cost to serve is a supply chain metric that measures the total end-to-end supply chain cost of fulfilling an order for a specific customer or segment1.It includes all the costs incurred from sourcing, manufacturing, warehousing, transportation, and delivery of the product or service2.Total cost to serve helps to identify the profitability and value of different customers or segments, and to optimize the supply chain processes and resources accordingly3.
1:Top Supply Chain Metrics & KPIs Benchmarking | Gartner2:Top 25 Supply Chain Metrics & KPIs For Your Dashboards - datapine3:A Comprehensive Guide to Supply Chain Metrics & KPIs
NEW QUESTION # 146
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