최신 CORe 무료덤프 - ISM Supply Management Core
BCD, Inc. manufactures a product for a highly regulated industry. All details of the product must be traceable.
The firm's engineering team specifies the types and quantities of materials within blueprints, but this is insufficient, as a record of material usage needs to be maintained. The product development group asks supply management to develop a system. Given this situation, which of the following is the BEST course of action for supply management to take?
The firm's engineering team specifies the types and quantities of materials within blueprints, but this is insufficient, as a record of material usage needs to be maintained. The product development group asks supply management to develop a system. Given this situation, which of the following is the BEST course of action for supply management to take?
정답: B
설명: (DumpTOP 회원만 볼 수 있음)
A supply manager receives negative feedback from internal stakeholders about several suppliers. However, the scorecards for these suppliers have been positive over the past few quarters, and any diminished performance is not reflected. Which of the following MOST likely explains this situation?
정답: B
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Questions pertaining to standardizing products, reducing the number of suppliers, and combining volumes to attain better pricing are BEST addressed by which of the following?
정답: C
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A director of supply management obtains approval to implement a spend analysis matrix. While the matrix will be primarily used to support the development of sourcing strategies, it will also be leveraged by functional lines of the business for budget planning. Which of the following is the MOST important step for the director to take in order to ensure the information from the spend analysis is accurate and reliable?
정답: C
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DEF Company receives several proposals for the manufacture of a sub-assembly used in an important product line. All of the responding suppliers indicate they plan to subcontract part of the work in order to meet high seasonal demand. Most of the proposed subcontractors are located in low-cost offshore locations. The supply manager is concerned that the subcontractors may not adhere to DEF's standards for fair labor practices.
Which of the following is the BEST way of ensuring that the suppliers' subcontractors maintain fair labor practices?
Which of the following is the BEST way of ensuring that the suppliers' subcontractors maintain fair labor practices?
정답: C
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A corporation acquires a startup company, with the objective of branching out into a new product line. The firm's procurement team needs to enlarge the supply base in order to meet the new production requirements.
Which of the following is the BEST way for the team to ensure suppliers are aligned with organizational goals?
Which of the following is the BEST way for the team to ensure suppliers are aligned with organizational goals?
정답: C
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After working for several years at ABC, Inc.-a large manufacturing company-Smith moves to a senior position at XYZ, a smaller firm which is part of ABC's family of companies. In an effort to lower costs, Smith begins negotiations with a supplier that sells to both ABC and XYZ. While at ABC, Smith was able to negotiate very favorable contracts for parts and services. However, Smith is unable to obtain as favorable terms for XYZ with the same supplier.
To improve XYZ's position, which of the following is the BEST course of action for Smith to take?
To improve XYZ's position, which of the following is the BEST course of action for Smith to take?
정답: D
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A research company develops a tomato that grows in cold weather. The company agrees to sell ten thousand seeds to a broker for $5,000. However, an error is made on the contract which misstates the price as $4,000. The research company and broker both sign the contract without noticing the error. Some weeks later, the broker discovers the error and refuses to pay more than
$4,000. In this situation, the FIRST course of action for the research company to resolve the dispute is to establish with the broker that
$4,000. In this situation, the FIRST course of action for the research company to resolve the dispute is to establish with the broker that
정답: B
Which of the following is the MOST important benefit of implementing a contract management system?
정답: A
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A supply manager conducts a two-step bidding process for production material. A supplier is selected and a contract is signed. During the post-contract debriefing session, another supplier offers a lower price and payment terms that are more advantageous to the buying organization. Should the supply manager accept the supplier's offer?
정답: A
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A supply manager identifies an overseas source for parts used by the organization. The supplier's capacity, performance, reputation and sample quality are all acceptable. During final price negotiations, the supplier requests that the contract be based on its local currency. Which of the following is the FIRST course of action the supply manager should take in order to address the possible impact of this request?
정답: B
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DEF, Inc. is a multinational oil company expanding into a new geographic region. The firm's policy is to purchase locally for its operations whenever possible. Thus, DEF needs to find sources of materials, basic equipment, and standard bulk items within the new region. Which of the following should DEF do FIRST?
정답: A
설명: (DumpTOP 회원만 볼 수 있음)
Consider the following data for four separate machines:
Purchase PriceProjected Annual SavingsEstimated Life (in years)
Machine W$100,000$17,0006
Machine X$112,000$23,0007
Machine Y$143,000$19,0009
Machine Z$150,000$25,0008
Which machine produces the HIGHEST simple return on investment (ROI) over its useful life?
Purchase PriceProjected Annual SavingsEstimated Life (in years)
Machine W$100,000$17,0006
Machine X$112,000$23,0007
Machine Y$143,000$19,0009
Machine Z$150,000$25,0008
Which machine produces the HIGHEST simple return on investment (ROI) over its useful life?
정답: D
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UVW, Inc. issues a Request for Quotation (RFQ) for urgently-needed safety equipment. The equipment must be installed immediately in order to keep the firm in compliance with safety regulations. UVW is contacted by a small, minority-owned company which asks for two more weeks to submit its quotation, as its technical expert is out sick. In this situation, which of the following is the MOST appropriate course of action for UVW to take?
정답: C
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Which of the following refers to the process of generating information about the types of items sourced and their cumulative dollar value, to use for strategic and operational purchase planning?
정답: A
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Supplier X provides software critical to production at EFG Corporation. Supplier X informs EFG that the software version it currently uses will no longer be supported and recommends an upgrade to a newer version.
However, EFG is very pleased with the performance of the current version, and the costs for upgrading are prohibitive at this time. EFG wants to find incentives for Supplier X to continue supporting EFG's needs. In this situation, which of the following would be the BEST course of action for EFG to take?
However, EFG is very pleased with the performance of the current version, and the costs for upgrading are prohibitive at this time. EFG wants to find incentives for Supplier X to continue supporting EFG's needs. In this situation, which of the following would be the BEST course of action for EFG to take?
정답: D
설명: (DumpTOP 회원만 볼 수 있음)
Which of the following is the PRIMARY reason why companies should consistently update internal purchasing policies?
정답: D
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A supply manager is working with multiple management layers to create a procurement policy. Which of the following should the supply manager do FIRST in order to ensure that this policy is successfully adopted by the organization?
정답: B
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A firm has contracted for the past 3 years with Supplier DEF to supply parts used in manufacturing. As the contract comes to an end, the parties enter into negotiations in the hopes of renewing the agreement. DEF proposes a new 3-year term with a 3% increase in price each year. The supply management team believes this price increase is higher than market value, so they execute a request for proposal (RFP) event for parts, In which DEF is Included. After reviewing the proposals, DEF is the successful bidder. DEF's proposal is for 3 years with only a 1% increase in price each year.
The price difference obtained through the RFP can BEST be described as which of the following?
The price difference obtained through the RFP can BEST be described as which of the following?
정답: C
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A business unit conducts discussions with key management members that Include category overviews, contracting executive summaries, local content spending plans, sourcing timelines, and cost management/value creation. These presentations can BEST be described as which of the following?
정답: B
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