APICS CSCP Exam With Confidence Using Practice Dumps

A freight invoice is a bill issued by a carrier detailing the charges for transportation services provided. It itemizes the cost associated with the shipment, including the base freight rate, fuel surcharges, accessorial charges, and any other fees applicable. The shipment manifest lists the cargo being transported, and a bill of lading (B/L) serves as a receipt and contract of carriage. A letter of credit (L/C) is a financial document ensuring payment for shipped goods. Therefore, the freight invoice specifically represents the carrier's method of charging for transportation services.References:

• "Freight Invoice Definition." Investopedia.
• "Transportation Documentation." CSCMP (Council of Supply Chain Management Professionals).

The Ten Principles of the UN Global Compact cover areas related to human rights, labor, environment, and anti-corruption. Principle 6 specifically states the elimination of discrimination in respect of employment and occupation, which includes ensuring fair wages. However, paying different wages in different parts of the world for a given job classification can be acceptable if it reflects local living standards and economic conditions, ensuring fair compensation in each context.

• Preventing a group of employees from forming a collective bargaining (union) group violates Principle 3, which supports the right to collective bargaining.
• Requiring an individual to pay a fee for consideration in hiring or promotion decisions breaches principles related to non-discrimination and fair labor practices.
• Withholding certain employment opportunities from specific groups of people directly violates Principles 1 and 6, which promote human rights and anti-discrimination.

References:

• United Nations Global Compact. (2021). "The Ten Principles of the UN Global Compact."
• International Labour Organization (ILO). (2021). "Global Wage Report 2020-21."

• Strategy Development: Once the supplier relationship management (SRM) strategy is developed, the next step is to establish clear criteria for selecting prospective partners.
• Criteria Development: These criteria typically include factors such as supplier reliability, financial stability, quality standards, capacity to meet demand, technological capabilities, and alignment with the company’s strategic objectives.
• Importance: Developing these criteria is crucial as it ensures that the company selects suppliers who are most likely to contribute to its long-term success and who can form mutually beneficial partnerships.
• Next Steps: After criteria development, the company can proceed to identify and evaluate potential suppliers against these criteria before making selections and moving forward with SRM implementation.

References:

• Chopra, S., & Meindl, P. (2016). Supply Chain Management: Strategy, Planning, and Operation. Pearson.
• Handfield, R. B., & Nichols, E. L. (2002). Supply Chain Redesign: Transforming Supply Chains into Integrated Value Systems. FT Press.