CORE Exam Dumps : Supply Management Core Exam

Strategic Deliverables: Category management plans are strategic deliverables that outline proactive steps and tactical actions for managing specific categories of spend.

Tactical-Level Actions: These plans help in executing tactical-level actions such as sourcing strategies, supplier selection, and cost management within the sourcing process.

Proactive Steps: The category management plan identifies proactive steps to manage the category effectively, ensuring alignment with overall business strategy and goals.

References

CIPS. (n.d.). What is Category Management?

SCMDOJO. (n.d.). Developing a Category Management Plan.

] Understand the Need: DEF, Inc. needs to find local sources for materials and equipment in a new geographic region.

Initial Information Gathering:

An RFI is used to collect information about potential suppliers' capabilities, offerings, and market conditions.

This step helps in understanding the supplier landscape and identifying potential suppliers.

Evaluate Responses: Analyze the information gathered from the RFI to shortlist suppliers for further engagement.

Subsequent Steps: Based on RFI responses, the company can issue RFQs or RFPs to procure the required materials and equipment. References:

Procurement and Sourcing Best Practices

Supplier Selection and Evaluation Processes

Strategic Sourcing Frameworks

To ensure suppliers are aligned with the organizational goals, it is essential to compare the suppliers' capabilities and vision with the firm's vision and mission.

Contact current suppliers to determine their maximum production capacity at the necessary quality levels: Useful, but does not ensure alignment with organizational goals.

Conduct market research to identify characteristics needed by potential suppliers: Important, but it should be followed by alignment checks.

Facilitate meetings between internal stakeholders and external stakeholders: Valuable for communication but does not guarantee alignment.

Compare the firm's vision and mission to potential suppliers' capabilities: This ensures that the suppliers can support and align with the strategic objectives of the firm, ensuring long-term compatibility and success.

Therefore, the best way to ensure suppliers are aligned with organizational goals is to compare the firm's vision and mission to potential suppliers' capabilities.

References:

Supplier relationship management best practices.

Strategic alignment in procurement literature.