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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

Due to growth, a private school system finds that its costs for support, including maintenance and janitorial services, have increased dramatically. Though supply management generally does a good job in managing service contracts, there Is no strategic plan or systematic method for reviewing costs on a long-term basis.

The school's board has made the development of a strategic plan the supply manager's priority assignment for the next school year. Given this situation, which of the following should be the supply manager's FIRST step in developing this plan?

Options:

A.

Determine how supply management can minimize costs and reduce risks

B.

Create specific goals and objectives for addressing changes in how support services are to be managed

C.

Meet with the board chair to discuss organization-level strategies impacted by support services

D.

Identify opportunities to make specific changes In the purchasing and contracting processes

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Question 2

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?

Options:

A.

Lead a sub-initiative to cleanse supplier and spend data before it is loaded

B.

Engage information technology (IT) to develop detailed specifications for all inbound integrations

C.

Select a best-in-class supplier as partner for developing the matrix and on-going hosting

D.

Meet with key stakeholders to gather reporting requirements and understand expectations

Question 3

A firm wants to leverage supply contracts by making maintenance, repair, and operations (MRO) supplies available to all of its subsidiaries. Which of the following is the MOST efficient and cost-effective way to provide product details to potential users?

Options:

A.

Require suppliers to provide secure ordering portals tailored to specific contracts

B.

Conduct train-the-trainer sessions for supply management staff at the subsidiaries

C.

Create internal online catalogs with ordering instructions and links to suppliers' sites

D.

Email a list of suppliers' websites to contacts at each subsidiary