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Exam CSCP topic 1 question 245 discussion

Actual exam question from APICS's CSCP
Question #: 245
Topic #: 1
[All CSCP Questions]

A manufacturer experiences frequent changes in product technology and market preferences, resulting in new product introductions each year. Which of the following sourcing strategies would be most appropriate?

  • A. Sole sourcing
  • B. Multiple sourcing
  • C. Long-term contracting
  • D. Strategic partnering
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Suggested Answer: B 🗳️

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PMP1
Highly Voted 3 years, 1 month ago
Strategic partnering is going to share the same value and vision
upvoted 8 times
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Wild3d
Highly Voted 1 year, 7 months ago
Selected Answer: B
With frequent changes in product technology and market preferences, having multiple sourcing options allows the manufacturer to have flexibility and agility in adapting to changes. It reduces the risk of relying solely on one supplier or sourcing option, which could lead to potential disruptions if changes occur rapidly. Multiple sourcing provides the manufacturer with more options, diversifies supply sources, and allows for better negotiation power in terms of pricing and terms.
upvoted 5 times
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ManishSar
Most Recent 8 months, 1 week ago
In a situation where technology and market preferences are frequently changing, a more adaptable and flexible approach like Multiple Sourcing (B) can be more suitable. This strategy allows the manufacturer to work with multiple suppliers who may specialize in different technologies or market segments, enabling quicker responses to changes and reducing the risk of dependence on a single supplier.
upvoted 1 times
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vada0110
3 years, 2 months ago
why not multiple? if strategically partnering with one supplier who will not be able to deliver newest design, would that be riskier?
upvoted 1 times
Nowaz
2 years, 9 months ago
It is more difficult to adapt to changing needs when multiple suppliers are involved.
upvoted 1 times
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A (35%)
C (25%)
B (20%)
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