APICS Exam CSCP Topic 1 Question 89 Discussion

Actual exam question for APICS's APICS Certified Supply Chain Professional exam

Question #: 89
Topic #: 1

[All APICS Certified Supply Chain Professional Questions]

Sourcing via an internet-based trading exchange would be most appropriate for which of the following types of raw materials?

AExpensive material that is critical to the finished product

BInexpensive material for which there are several substitutes

CExpensive material for which there are many sources

DInexpensive material that is critical to the finished product

Show Suggested Answer

Suggested Answer: B

According to the APICS CSCP - Supply Chain Management Certification, an internet-based trading exchange is a type of e-sourcing platform that connects buyers and sellers of goods and services online, allowing them to conduct transactions, compare prices, and access market information. Sourcing via an internet-based trading exchange would be most appropriate for inexpensive material for which there are several substitutes, as this type of material has low strategic importance and high supply availability, and can benefit from the lower transaction costs, increased competition, and reduced lead times offered by the online platform.

by Kenneth at May 30, 2024, 01:45 AM

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Cary

2 months ago

Hmm, this one's tricky. I'm gonna go with C, but I hope the exam doesn't have any 'trick questions' like 'All of the above' or 'None of the above'!

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Eveline

2 months ago

B is the way to go. Saving money on those less critical materials is the whole point of using an online exchange, right?

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Jerry

1 months ago

B) Inexpensive material for which there are several substitutes

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Tijuana

1 months ago

A) Expensive material that is critical to the finished product

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Stephanie

2 months ago

I'm going with D. Even if the material is inexpensive, if it's critical to the final product, you want to use an exchange to ensure reliable sourcing.

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Ashton

2 months ago

I think A might be a better option. If it's expensive and critical, using an exchange could help ensure quality and reliability.

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Lindy

2 months ago

I agree, D makes sense. You want to make sure you have a reliable source for a critical material.

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Brendan

3 months ago

I agree with Herminia. It makes sense to use an internet-based trading exchange for materials that are expensive and crucial to the final product.

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Herminia

3 months ago

I think sourcing via an internet-based trading exchange would be most appropriate for expensive material that is critical to the finished product.

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Jarvis

3 months ago

Definitely C. If the material is expensive but has many sources, an internet-based exchange can help find the best deal.

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Herminia

2 months ago

C) Expensive material for which there are many sources

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Samira

2 months ago

B) Inexpensive material for which there are several substitutes

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Ceola

2 months ago

A) Expensive material that is critical to the finished product

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Cordell

3 months ago

I think B is the correct answer. Sourcing through an internet-based exchange makes the most sense for inexpensive materials with multiple substitutes.

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