Special Summer Sale 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: save70

CORE Exam Dumps : Supply Management Core Exam

PDF
CORE pdf
 Real Exam Questions and Answer
 Last Update: Apr 2, 2025
 Question and Answers: 312 With Explanation
 Compatible with all Devices
 Printable Format
 100% Pass Guaranteed
$25.5  $84.99
CORE exam
PDF + Testing Engine
CORE PDF + engine
 Both PDF & Practice Software
 Last Update: Apr 2, 2025
 Question and Answers: 312
 Discount Offer
 Download Free Demo
 24/7 Customer Support
$40.5  $134.99
Testing Engine
CORE Engine
 Desktop Based Application
 Last Update: Apr 2, 2025
 Question and Answers: 312
 Create Multiple Test Sets
 Questions Regularly Updated
  90 Days Free Updates
  Windows and Mac Compatible
$30  $99.99

Verified By IT Certified Experts

CertsTopics.com Certified Safe Files

Up-To-Date Exam Study Material

99.5% High Success Pass Rate

100% Accurate Answers

Instant Downloads

Exam Questions And Answers PDF

Try Demo Before You Buy

Certification Exams with Helpful Questions And Answers

Supply Management Core Exam Questions and Answers

Question 1

An organization selects a supplier for a complex system implementation that will be conducted in several stages. Prompt initiation of the project is necessary in order to maintain the schedule, but the stakeholders have not yet defined the later milestones and deliverables. Which of the following would be the MOST appropriate course of action for the buying organization to take regarding the statement of work (SOW) for this project?

Options:

A.

Create an initial SOW to allow the supplier to begin the first phase, with provisions for negotiating subsequent SOWs for full project implementation

B.

Provide a SOW with all requirements available thus far, and include procedures for internal customers to make changes via contract amendments

C.

Issue a general letter of intent so that the supplier can start mobilizing and avoid delays

D.

Postpone any type of agreement with the supplier until all requirements are fully defined

Buy Now
Question 2

Which of the following refers to a method of formally evaluating suppliers, conducting site visits, and providing supplier training?

Options:

A.

Supplier development

B.

Supplier partnership

C.

Supply chain management

D.

Early supplier Involvement

Question 3

A firm enters into a contract with a minority business. The invoice does not match the purchase order, and some incorrect items are shipped. The erroneous items, valued at $5,000, are returned. The replacement items are scheduled to be delivered within 2 days. The total invoice is for $18,000, which is a substantial amount for the business. Preferential payment terms have previously been negotiated from 30 to 14 days from receipt of goods, as cash flow is a significant issue. The situation is summarized as follows:

Purchase Order RaisedGoods Received Invoiced

Timing18 days ago 13 days ago 12 days ago

Amount$18,000 $18,000 $18,000

As it will take one business day to process payment, a decision needs to be made on whether the supplier should receive payment on time. Which of the following courses of action should the supply manager take?

Options:

A.

Pay the full $18,000 immediately

B.

Pay $18,000 14 days after receipt of all the goods in the original purchase order

C.

Pay $13,000 now and $5,000 upon receipt of the replacement goods

D.

Pay $13,000 now and $5,000 14 days after receipt of the replacement goods