APICS Certified Supply Chain Professional (CSCP) — Question 150
A firm is expanding into a new market with import/export tariffs and needs a warehouse to accept, store, and ship its general merchandise product.
What type of public warehouse in the new market would best meet the firm's needs?
Answer options
- A. Bonded
- B. Subcontracted
- C. Specialty
- D. Network aligned
Correct answer: A
Explanation
A Bonded warehouse is specifically designed to store goods that are subject to import duties until they are cleared by customs, making it the ideal choice for a firm dealing with tariffs. The other options, such as Subcontracted, Specialty, and Network aligned warehouses, do not specifically cater to the needs imposed by tariffs and customs regulations.