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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

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 MOST important benefit of implementing a contract management system?

Options:

A.

Greater visibility for reverse auctions

B.

Lower legal staff costs

C.

Access to a cooperative purchasing group

D.

Higher value-added activities