Download Certified in Transformation for Supply Chain.CTSC.VCEDumps.2024-04-03.36q.vcex

Vendor: APICS
Exam Code: CTSC
Exam Name: Certified in Transformation for Supply Chain
Date: Apr 03, 2024
File Size: 180 KB

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Demo Questions

Question 1
Implementing electronic data interchange (EDI) can provide benefit in establishing business relationships with suppliers by:
  1. synchronizing.
  2. building trust.
  3. gainsharing.
  4. reducing security risk.
Correct answer: B
Explanation:
According to the CTSC exam content manual1, implementing electronic data interchange (EDI) can provide benefit in establishing business relationships with suppliers by building trust, which is one of the key elements of supplier relationship management. EDI can help to build trust by enabling faster, more accurate, and more secure data exchange, reducing errors and disputes, improving communication and collaboration, and enhancing customer satisfaction.
According to the CTSC exam content manual1, implementing electronic data interchange (EDI) can provide benefit in establishing business relationships with suppliers by building trust, which is one of the key elements of supplier relationship management. EDI can help to build trust by enabling faster, more accurate, and more secure data exchange, reducing errors and disputes, improving communication and collaboration, and enhancing customer satisfaction.
Question 2
What is the last phase of the transformation project?
  1. Analyze performance
  2. Define project scope
  3. Build organizational support
  4. Develop project portfolio
Correct answer: A
Explanation:
According to the CTSC exam content manual1, the last phase of the transformation project is to analyze performance, which involves measuring and evaluating the outcomes of the transformation, identifying gaps and opportunities for improvement, and communicating the results and lessons learned to stakeholders.
According to the CTSC exam content manual1, the last phase of the transformation project is to analyze performance, which involves measuring and evaluating the outcomes of the transformation, identifying gaps and opportunities for improvement, and communicating the results and lessons learned to stakeholders.
Question 3
In addition to creating an internal and external profile of the organization, which of the following items is needed to define the scope of the supply chain transformation project?
  1. Business description
  2. Strategic background
  3. Value proposition statement
  4. SWOT analysis
Correct answer: B
Explanation:
According to the CTSC exam content manual1, the strategic background is one of the items needed to define the scope of the supply chain transformation project, along with the internal and external profile of the organization. The strategic background includes the vision, mission, values, goals, and objectives of the organization, as well as the drivers and enablers of the transformation.
According to the CTSC exam content manual1, the strategic background is one of the items needed to define the scope of the supply chain transformation project, along with the internal and external profile of the organization. The strategic background includes the vision, mission, values, goals, and objectives of the organization, as well as the drivers and enablers of the transformation.
Question 4
The first step in performing a root cause analysis using the SCOR model involves:
  1. identifying sources of deviation.
  2. linking processes to metric hierarchy.
  3. decomposing performance attributes.
  4. establishing process benchmarks.
Correct answer: B
Explanation:
According to the CTSC exam content manual1, the first step in performing a root cause analysis using the SCOR model involves linking processes to metric hierarchy, which means mapping the SCOR processes to the SCOR metrics and identifying the relevant performance attributes and levels. This step helps to establish the scope and boundaries of the analysis and to align the processes with the strategic objectives of the organization.
According to the CTSC exam content manual1, the first step in performing a root cause analysis using the SCOR model involves linking processes to metric hierarchy, which means mapping the SCOR processes to the SCOR metrics and identifying the relevant performance attributes and levels. This step helps to establish the scope and boundaries of the analysis and to align the processes with the strategic objectives of the organization.
Question 5
What is the most important driver to determine a metrics tracking cycle?
  1. Tracking progress
  2. Level of metrics
  3. Type of data
  4. Change frequency
Correct answer: D
Explanation:
According to the CTSC exam content manual1, the most important driver to determine a metrics tracking cycle is the change frequency, which is the rate at which the metric value changes over time. The change frequency affects how often the metric should be measured and reported, as well as the level of detail and aggregation required. A metric with a high change frequency should be tracked more frequently and with more granularity than a metric with a low change frequency.
According to the CTSC exam content manual1, the most important driver to determine a metrics tracking cycle is the change frequency, which is the rate at which the metric value changes over time. The change frequency affects how often the metric should be measured and reported, as well as the level of detail and aggregation required. A metric with a high change frequency should be tracked more frequently and with more granularity than a metric with a low change frequency.
Question 6
Which of the following characteristics best describes a competitive supply chain?
  1. Optimized to attain maximum profitability
  2. Fully integrated to maximize cost effectiveness and efficiency
  3. Delivers a customer value proposition superior to competitors
  4. Designed to offer a fast-selling option to customers
Correct answer: C
Explanation:
According to the CTSC exam content manual1, a competitive supply chain is one that delivers a customer value proposition superior to competitors, which means that it provides a unique combination of benefits that customers value and are willing to pay for. A competitive supply chain also aligns its capabilities and resources with the customer value proposition, and continuously monitors and improves its performance.
According to the CTSC exam content manual1, a competitive supply chain is one that delivers a customer value proposition superior to competitors, which means that it provides a unique combination of benefits that customers value and are willing to pay for. A competitive supply chain also aligns its capabilities and resources with the customer value proposition, and continuously monitors and improves its performance.
Question 7
Where are Transform and Return costs often captured in the supply chain, respectively?
  1. Supply chain fixed assets and accounts receivable
  2. Cost of goods sold (COGS) and claims
  3. Supply chain fixed assets and accounts payable
  4. Cost of goods sold (COGS) and warranty
Correct answer: B
Explanation:
According to the CTSC exam content manual1, transform and return costs are two of the five cost categories in the SCOR model. Transform costs are the costs associated with converting raw materials into finished products, such as labor, materials, energy, depreciation, etc. Return costs are the costs associated with handling and disposing of defective or excess products, such as transportation, inspection, rework, recycling, etc. Transform costs are often captured in the cost of goods sold (COGS), which is the direct cost of producing the goods sold by a company. Return costs are often captured in claims, which are the expenses incurred by a company when customers return defective or unsatisfactory products.
According to the CTSC exam content manual1, transform and return costs are two of the five cost categories in the SCOR model. Transform costs are the costs associated with converting raw materials into finished products, such as labor, materials, energy, depreciation, etc. Return costs are the costs associated with handling and disposing of defective or excess products, such as transportation, inspection, rework, recycling, etc. Transform costs are often captured in the cost of goods sold (COGS), which is the direct cost of producing the goods sold by a company. Return costs are often captured in claims, which are the expenses incurred by a company when customers return defective or unsatisfactory products.
Question 8
When sharing performance metrics with customers, management needs to:
  1. avoid too many metrics in the report.
  2. consider any discrepancies within the survey feedback.
  3. provide a balanced and comprehensive set of metrics.
  4. ensure metrics are linked to business strategy.
Correct answer: C
Explanation:
According to the CTSC exam content manual1, when sharing performance metrics with customers, management needs to provide a balanced and comprehensive set of metrics, which means that the metrics should cover all aspects of the customer value proposition, such as quality, cost, delivery, flexibility, and innovation. The metrics should also be aligned with the customer's expectations and objectives, and reflect the customer's perspective and feedback. Providing a balanced and comprehensive set of metrics can help to build trust, transparency, and collaboration with customers, as well as to identify areas of improvement and opportunity.
According to the CTSC exam content manual1, when sharing performance metrics with customers, management needs to provide a balanced and comprehensive set of metrics, which means that the metrics should cover all aspects of the customer value proposition, such as quality, cost, delivery, flexibility, and innovation. The metrics should also be aligned with the customer's expectations and objectives, and reflect the customer's perspective and feedback. Providing a balanced and comprehensive set of metrics can help to build trust, transparency, and collaboration with customers, as well as to identify areas of improvement and opportunity.
Question 9
The main objective of the ASCM Digital Capabilities Model (DCM) is to:
  1. transform linear supply chains into a set of static networks.
  2. prioritize areas that drive the lowest value in the supply network.
  3. guide the development of digital supply networks.
  4. help organizations understand their existing digitally-enabled capabilities.
Correct answer: C
Question 10
What is the definition of an order line in the context of perfect order fulfillment?
  1. A request to deliver specified quantities of goods or services
  2. A collection of one or more order lines representing a request to deliver specified quantities of goods or services
  3. A commitment on a sales order that always references a product and promise delivery date
  4. A range of values for quantity or date specified on a sales order
Correct answer: C
Explanation:
   According to the ASCM CTSC Exam Content Manual, an order line is defined as 'a commitment on a sales order that always references a product and promise delivery date. An order line may also reference a quantity, a price, and a customer location.'1 This definition is consistent with the concept of perfect order fulfillment, which measures how well a company delivers its orders according to the customer's specifications and expectations.1: ASCM CTSC Exam Content Manual, page 10.
   
According to the ASCM CTSC Exam Content Manual, an order line is defined as 'a commitment on a sales order that always references a product and promise delivery date. An order line may also reference a quantity, a price, and a customer location.'1 This definition is consistent with the concept of perfect order fulfillment, which measures how well a company delivers its orders according to the customer's specifications and expectations.
1: ASCM CTSC Exam Content Manual, page 10.
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