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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

ABC, Inc. has a supply management department responsible for placing orders. In spite of this, a designer from ABC's engineering department places an order with Supplier X for several products.

When the shipment arrives, it is rejected by the receiving department, as they cannot verify the order with supply management. To avoid this situation, the designer should have

Options:

A.

notified the supervisor of the engineering department of the immediate need for the item

B.

requested supply management issue an "after the fact" purchase order

C.

coordinated product needs with supply management prior to order commitment

D.

delayed placing the order until after looking at comparable items from other suppliers

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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

DEF, Inc. conducts a Request for Information (RFI) to identify suppliers who will be invited to participate in a Request for Proposal (RFP) for technical support. The RFI requires audited financial statements. DEF receives an inquiry from a publicly traded supplier asking if their 10K statement will suffice, and a privately held supplier states that it will only provide its audited financial statement after receiving a nondisclosure agreement from DEF.

Given this situation, which of the following is the BEST course of action for DEF to take?

Options:

A.

Issue a revision to the current RFI listing alternate methods and conditions acceptable in demonstrating financial health

B.

Maintain the requirement for audited financial statements so that all respondents are graded on the same basis

C.

State that DEF reserves the right to use information other than that received in response to the RFI to evaluate respondents' financial condition

D.

Negotiate with all respondents for more financial information