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In a gap analysis, one of the most frequently used approaches in measuring operating income is:
In a gap analysis, one of the most frequently used approaches in measuring operating income is:A . the Lost Opportunity.B . the Profitability Increase.C . the Order to Shipment Time.D . the Won Opportunity.View AnswerAnswer: B Explanation: According to the ASCM CTSC Exam Content Manual, one of the most frequently...
As an organization transforms its processes to be more sustainable, it should evaluate its practices in which three major categories?
As an organization transforms its processes to be more sustainable, it should evaluate its practices in which three major categories?A . Suppliers, Governance, and EnvironmentB . Technology, Workforce, and StrategyC . Ecological, Ethical, and EconomicD . Plan, Source, and FulfillView AnswerAnswer: C Explanation: According to the ASCM CTSC Exam Content...
Which of the following options corresponds to one of the required key management capabilities?
When implementing new supply chain capabilities identified by the business strategy, key management capabilities will be required. Which of the following options corresponds to one of the required key management capabilities?A . Internal and external orientationB . Inspiring and influential leadershipC . Management rotational program across marketsD . Robust executive...
Which of the following actions should the firm undertake first?
A firm sells its products to retailers who then sell these products to customers. The firm wishes to obtain retail sales data for these products in near real time to improve its demand planning. Which of the following actions should the firm undertake first?A . Develop and select from negotiation...
The most prominent characteristic of a digital supply chain is:
The most prominent characteristic of a digital supply chain is:A . orientation towards perfect order fulfillment.B . focus on demand simulation while managing costs.C . optimal lot-sizing during replenishment.D . access to latest point-of-sale (POS) data across the network.View AnswerAnswer: D Explanation: one of the most prominent characteristics of a...
The main objective of the ASCM Digital Capabilities Model (DCM) is to:
The main objective of the ASCM Digital Capabilities Model (DCM) is to:A . transform linear supply chains into a set of static networks.B . prioritize areas that drive the lowest value in the supply network.C . guide the development of digital supply networks.D . help organizations understand their existing digitally-enabled...
Where are Transform and Return costs often captured in the supply chain, respectively?
Where are Transform and Return costs often captured in the supply chain, respectively?A . Supply chain fixed assets and accounts receivableB . Cost of goods sold (COGS) and claimsC . Supply chain fixed assets and accounts payableD . Cost of goods sold (COGS) and warrantyView AnswerAnswer: B Explanation: According to...
Which of the following characteristics best describes a competitive supply chain?
Which of the following characteristics best describes a competitive supply chain?A . Optimized to attain maximum profitabilityB . Fully integrated to maximize cost effectiveness and efficiencyC . Delivers a customer value proposition superior to competitorsD . Designed to offer a fast-selling option to customersView AnswerAnswer: C Explanation: According to the...
Given the scale of operations, which of the following organizational competencies can best help it manage risks and respond to disruptions?
A company with a global presence is expanding its operations in emerging markets. Given the scale of operations, which of the following organizational competencies can best help it manage risks and respond to disruptions?A . Investing in redundancyB . Building resilienceC . Leveraging technologyD . Business continuity planningView AnswerAnswer: B...
Which of the following drawbacks would result for an organization if it were to select transformation projects for implementation purely based on stand-alone benefits?
Which of the following drawbacks would result for an organization if it were to select transformation projects for implementation purely based on stand-alone benefits?A . Inaccuracies in measuring and analyzing targeted improvementsB . Inefficiencies resulting from a lack of holistic visibilityC . Inability to get quick buy-in from top managementD...
