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CORE Exam Dumps : Supply Management Core Exam

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Supply Management Core Exam Questions and Answers

Question 1

MNO, Inc. has been one of XYZ Company's most valuable customers for a number of years. During a formal competitive bid event for a new product introduction, MNO becomes a supplier to XYZ. In this situation, which of the following should be of GREATEST concern to these organizations?

Options:

A.

Progress reports

B.

Conflict resolution

C.

Reciprocal relationship

D.

Customer feedback

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Question 2

What is the landed cost per unit for the following item?

Item cost$.76

Packaging for shipment$.02

Shipping from Indonesia$.14

Duty$.03

Customs clearance$.10

Storage at buyer’s warehouse$.09

Shipment from warehouse to plant$.06

Options:

A.

$1.14

B.

$1.03

C.

$1.05

D.

$1.20

Question 3

Which of the following is the PRIMARY reason an organization's executive team and internal stakeholders should be aligned on the definitions of cost savings reporting?

Options:

A.

To ensure financial professionals can audit the cost savings reporting process

B.

To ensure price baselines can be adjusted for comparison purposes overtime

C.

To ensure appropriate risk management strategies are being adopted

D.

To ensure supply management is adding value