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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 the MOST important benefit of implementing a contract management system?

Options:

A.

Greater visibility for reverse auctions

B.

Lower legal staff costs

C.

Access to a cooperative purchasing group

D.

Higher value-added activities

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Question 2

A supply manager needs to develop additional raw material suppliers in support of a category management plan created for a specific region. The project has been approved by senior management and the team has been selected. Which of the following is the NEXT step the supply manager should take?

Options:

A.

Review the scope of the project in a team planning meeting

B.

Issue a contract to a current supplier who says it can service the region

C.

Conduct market research to identify possible suppliers

D.

Assign team members various activities within their disciplines

Question 3

A company is about to conduct an opportunity assessment review of the items it purchases. Which of the following categories should be analyzed FIRST?

Options:

A.

Low value/high risk and high value/low risk items

B.

High value/high risk and low value/high risk items

C.

High value/low risk and high value/high risk items

D.

Low value/low risk and low value/high risk items