APICS CTSC Exam Dumps

According to the ASCM CTSC Exam Content Manual, one of the factors that influences the risk exposure of a supply chain segment is the availability of alternative sources of supply (p. 20). If there is only one available supplier for an important product, the supply chain segment is more vulnerable to disruptions and uncertainties, such as supplier failure, quality issues, price fluctuations, or geopolitical events. Therefore, this product category should have the most complete and thorough risk mitigation plans, which may include strategies such as developing backup suppliers, increasing inventory buffers, diversifying sourcing locations, or implementing contractual agreements.

supply chain transformation is the process of reimagining and redesigning the end-to-end supply chain operations to achieve higher levels of performance, efficiency, agility, and sustainability12. This requires a holistic and integrated approach that considers the interdependencies and trade-offs among the different supply chain functions, processes, and partners34. Therefore, the appropriate operational focus for supply chain transformation is to focus on supply chain integration and improving the supply chain overall, rather than on isolated metrics or segments. The other options are not wrong, but they are too narrow and may not capture the full potential of supply chain transformation.

According to the CTSC Ex-am Content Manual1, the initial steps in the workflow for developing supply chain performance objectives and aligning the performance drivers to the strategic plan are: conducting a strategic supply chain analysis, performing benchmarking, and gathering insights. These steps help to identify the current state of the supply chain, the gaps and opportunities for improvement, and the best practices and benchmarks from the industry and competitors. They also help to align the supply chain objectives with the business strategy and the customer needs.

1: https://www.ascm.org/ctsc-ecm/

According to the CTSC Enterprise and Supply Chain Management (ESCM) manual, the greater value chain is the network of organizations that collaborate to create and deliver value to the end customer1. It includes not only the supply chain, but also other stakeholders such as distributors, retailers, service providers, and even competitors1. To extend the supply chain initiative to the greater value chain, the core team should first define the scope of the greater value chain, which means identifying the key players, processes, and flows that are involved in creating and delivering value1. This will help the core team to understand the current state of the greater value chain, the opportunities and challenges for improvement, and the potential impact of the initiative on the overall value creation1.

1: https://www.ascm.org/ctsc-ecm/