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Exam CSCP topic 1 question 308 discussion

Actual exam question from APICS's CSCP
Question #: 308
Topic #: 1
[All CSCP Questions]

The purchasing manager of a company wants to minimize stock-outs as well as obsolete inventory. Which of the following tools needs to be implemented?

  • A. Blanket purchase order
  • B. Advanced planning and scheduling (APS)
  • C. Buy-back contracts
  • D. Business-to-business integration software
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Suggested Answer: C 🗳️

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Cris_br
3 months, 3 weeks ago
Selected Answer: C
A buyback contract is a legally binding agreement between a supplier and a buyer that stipulates that the buyer will purchase a certain quantity of goods, and the supplier will guarantee the repurchase of any unsold goods at an agreed-upon price.
upvoted 1 times
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Wijitha
6 months, 1 week ago
Selected Answer: A
Blanket PO
upvoted 1 times
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Rajiv8047
10 months, 3 weeks ago
Selected Answer: B
Advanced planning and scheduling (APS) provides the most comprehensive approach to tackling both stock-outs and obsolete inventory.
upvoted 2 times
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Sneh3011
1 year, 2 months ago
In my opinion it should be blanket purchase order. As with the blanket purchase order you will be receiving a product at regular interval so no stockouts and less inventory at a time to handle so less obsolete inventory.
upvoted 1 times
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Daesma
1 year, 4 months ago
Option C can help us prevent obsoletes with commercial returns but not with stock-outs. In my view, the correct option is B.
upvoted 4 times
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B (20%)
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