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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 wants to develop a strategy to facilitate supplier Innovation. Which of the following is MOST likely to achieve this goal?

Options:

A.

Locating new suppliers that lead their industry

B.

Recognizing current suppliers for innovative performance

C.

Leveraging innovations from one supplier to improve all other suppliers

D.

Awarding contracts only to the most innovative companies

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Question 2

Which of the following will be MOST useful for gathering market intelligence and data on the general capabilities of potential suppliers?

Options:

A.

Request for information (RFI)

B.

Statement of work (SOW)

C.

Request for proposal (RFP)

D.

Price quotes

Question 3

A sourcing manager is negotiating a contract with a human resources supplier that has access to employee data, including social security numbers. The supplier proposes an annual cap of $10,000 on overall liability. In this situation, which of the following is the MOST important stakeholder for the sourcing manager to consult in regard to this supplier?

Options:

A.

Risk Management

B.

Operations

C.

Legal

D.

Information Technology (IT)