APICS CSCP Exam With Confidence Using Practice Dumps

The business strategy shift to selling customized products online necessitates a distribution strategy that balances efficiency and responsiveness. Here's the breakdown:

• Current Setup: The company has a responsive transportation system serving retailers with standardized products.
• Need for Customization: Expanding to online sales with customized products requires a different approach due to the variability and specific demands of online orders.
• Centralized Distribution Center:
• Direct Shipment from Factory:
• Efficiency and Responsiveness: This combination allows the company to continue serving retailers efficiently while meeting the customization demands of online customers effectively.

References

• Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation. Pearson.
• Simchi-Levi, D., Kaminsky, P., & Simchi-Levi, E. (2008). Designing and Managing the Supply Chain: Concepts, Strategies, and Case Studies. McGraw-Hill.

The globalization of a supply chain typically increases uncertainty and production lead time. When a supply chain becomes global, it involves longer distances, multiple transportation modes, and more complex logistics operations, all of which contribute to longer lead times. Additionally, global supply chains face uncertainties such as customs delays, geopolitical issues, variability in supplier performance, and risks of natural disasters, which further exacerbate production lead times.

• Local competition might increase due to globalization, but it is not directly related to the uncertainties in the supply chain.
• Documentation complexity increases with globalization but is a part of the logistical complexities rather than the core uncertainty affecting production lead times.
• Product standardization is not a consequence of increased uncertainty but rather a strategy used to manage complexity.

References:

• Christopher, M. (2011). "Logistics & Supply Chain Management."
• Chopra, S., & Meindl, P. (2016). "Supply Chain Management: Strategy, Planning, and Operation."

• Commodity Products: These are raw materials or primary agricultural products that can be bought and sold, such as copper or coffee. They are typically standardized and interchangeable with other products of the same type.
• Procurement Strategy: An effective procurement strategy for commodities focuses on cost efficiency and risk mitigation due to the high volatility and price sensitivity of these products.
• Driving Down Cost: This involves negotiating better prices, leveraging economies of scale, and implementing cost-saving measures to ensure the company purchases commodities at the lowest possible price.
• Reducing Risk: Risk reduction strategies include diversifying suppliers, using forward contracts to lock in prices, and implementing robust supply chain risk management practices to protect against price fluctuations, supply disruptions, and geopolitical risks.

References:

• Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2016). Purchasing and Supply Chain Management. Cengage Learning.
• Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation. Pearson.