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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 luxury scarf manufacturer located in Europe selects a fine wool supplier in Australia. The manufacturer's supply manager wants to ensure timely monthly deliveries while keeping transportation costs reasonable. Which of the following actions by the supply manager is MOST likely to meet the scarf company's needs?

Options:

A.

Utilize a freight forwarder to schedule and track shipments

B.

Select a consistent Incoterms ® 2020 rule for all shipments

C.

Require the freight carriers to provide real-time tracking

D.

Include a routing guide within the service level agreement

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Question 2

A supply manager is working with multiple management layers to create a procurement policy. Which of the following should the supply manager do FIRST in order to ensure that this policy is successfully adopted by the organization?

Options:

A.

Host a meeting with key external suppliers to understand engagement for policy adoption

B.

Host a meeting with key internal stakeholders to review the proposed policy

C.

Engage business unit sponsors to ensure adoption throughout the organization

D.

Verify that senior management approves and distributes the policy to the organization

Question 3

A local utility's supply manager is preparing a solicitation to select a contractor to construct a controlling station for the utility's main plant. Construction must begin within four months and be completed in a year or less, as delays in bringing the new station online could cause serious losses for the utility. Which of the following will be MOST effective in monitoring performance and ensuring timely completion?

Options:

A.

Specifying high consequential damages for failure to complete the project in a timely manner

B.

Ensuring that the scope of work is clear, to minimize misunderstandings

C.

Requiring milestones, progress reports, and liquidated damages for noncompliance

D.

Including a strong for-cause termination clause