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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

A supply manager for JKL, Inc. finds a potential new supplier for an item included In a finished product. Quality and service are comparable to those of the current supplier, and the new supplier's cost per unit is $.03 lower than that of the current supplier. Making the transition to the new supplier will require changes to operations costing approximately $12,000. How many units would JKL need to buy in order to justify changing suppliers?

Options:

A.

400,001

B.

40,001

C.

36,001

D.

360,001

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Question 2

Planning and negotiating a contract while considering its impact on a supplier is an example of which of the following?

Options:

A.

Supplier relationship management

B.

Contingency planning

C.

Supply chain mapping

D.

Supplier mentorship

Question 3

A company that makes specialized equipment for a very competitive industry relies on several critical engineered imported components. The components present a high degree of risk that could impact the future growth of the company. Given this situation, which of the following is the BEST course of action for the buying organization to take when preparing for negotiations with suppliers?

Options:

A.

Ask suppliers to analyze potential sources of risk for all components and raw materials

B.

Change sources of any components or raw materials that are imported from high-risk countries

C.

Require suppliers to provide risk insurance, with the buying organization listed as contingency beneficiary

D.

Determine with senior management and internal stakeholders the acceptable levels of risk for each product