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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

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

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Question 2

When developing a category management plan, which of the following is the BEST reason for soliciting cross-functional input?

Options:

A.

It facilitates Input from stakeholders and other functional areas to ensure a long-term solution.

B.

It provides an opportunity to demonstrate non-linear leadership.

C.

It allows the category manager to gain important insights from the supply management team.

D.

It enables the category manager to resolve conflicting views and priorities for goods or services.

Question 3

One of TUV Company's largest suppliers has been performing poorly, and the quality of its services does not meet the needs of a particular stakeholder. Which of the following is the BEST way for TUV's supply manager to evaluate how to establish service level agreements (SLAs) to improve the performance of this supplier?

Options:

A.

Request that the supplier provide a set of metrics to be used in measuring performance

B.

Develop measurements of supplier performance with the stakeholder, and include those measurements in an amendment to the contract

C.

Notify the supplier that its level of performance is not acceptable, and renegotiate contract pricing to reflect the supplier's performance

D.

Notify the supplier of the performance issues, and terminate the contract if the supplier does not correct performance within thirty days