Apics cscp Study guides, Class notes & Summaries

APICS CSCP Questions and Answers with Verified Solutions As you plan a manufactured product supply chain, what is considered the most crucial element? Component suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? Doubling back. When a raw material supplier ends up using a component that they produce ...

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APICS CSCP Exam Questions & Answers 2023/2024 supplier relationship management - ANSWER-A comprehensive approach to managing an enterprise's interactions with the organizations that supply the goods and services the enterprise uses. The goal of SRM is to streamline and make more effective the processes between an enterprise and its suppliers. SRM is often associated with automating procure-to-pay business processes, evaluating supplier performance, and exchanging information with suppliers...

APICS CSCP QUESTIONS BANK WITH SOLVED SOLUTION

As you plan a manufactured product supply chain, what is considered the most crucial element? CORRECT ANSWER Component suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? CORRECT ANSWER Doubling back. When a raw material supplier ends up using a component that they produce in their own operations, it is an exa...

The classification of a group of items in decreasing order of annual dollar volume (price multiplied by projected volume) or other criteria. This array is then split into three classes, called A, B, and C. The A group usually represents 10% to 20% by number of items and 50% to 70% by projected dollar volume. The next grouping, B, usually represents about 20% of the items and about 20% of the dollar volume. The C class contains 60% to 70% of the items and represents about 10% to 30% of t...

APICS CSCP 2020 Module 1 Section B Rated A+ Demand Shaping The practice of using the 4 Ps (product, pricing, placement, promotion) and other market variables to influence the demand of a product or service so that the demand better matches the available supply. Warehouse Management System (WMS) A computer application designed to manage and optimize workflows and the storage of goods within a warehouse. Often interfaces with automated data capture and enterprise resources planning sy...

APICS CSCP Exam Questions With 100% Verified Answers As you plan a manufactured product supply chain, what is considered the most crucial element? - answerComponent suppliers. without the base components required for the product, the rest of the suppl chain cannot operate as designed. The owner of a coal mine need power for the machinery that he uses to extract the coal. what is this and example of? - answerDoubling back. When a raw material supplier ends up using a component that they pr...

APICS CSCP Module 3 Section C with Complete Solutions Cycle Time 1) In industrial engineering, the time between the completion of two discrete units of product. EX: [if] motors [are] assembled at a rate of 120 per hour, [this] is 30 seconds. 2) In materials management, the length of time from when material enters a production facility until it exits. Syn: throughput time Inventory Velocity The speed which inventory passes through an organization or supply chain at a give point in ...