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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

Which of the following Is a strategic deliverable whereby proactive steps are identified in order to execute tactical-level actions within the sourcing process?

Options:

A.

Supplier forum

B.

Category management plan

C.

Benchmarking

D.

Business review

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Question 2

A supply manager Is conducting negotiations with a supplier. The supplier states that it cannot offer a lower price because the product under negotiation is covered by a government contract. In this situation, the supply manager should

Options:

A.

offer to reduce the order quantity

B.

negotiate the other terms and conditions, and return to the issue of price at a later time

C.

conclude that this is in fact the best price that the supplier can legally offer

D.

require the supplier to provide specifics on the government contract restrictions

Question 3

A supply management department is asked to obtain lower prices from suppliers. Through its efforts, the department manages to achieve a 5% reduction in indirect spend categories. However, some stakeholders request more items, keeping total expenditures about the same despite lower per-item costs.

Which of the following will be the BEST long-term approach for supply management to improve upon this situation?

Options:

A.

Refrain from processing orders for additional items unless there is a compelling justification

B.

Report the problem to top management, citing the departments with the poorest records

C.

Work with leadership to implement a more effective demand management program

D.

Accept additional orders only if the requesting department has at least a 5% overall reduction in spend