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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

A manufacturer receives notice from one of its largest customers stating that, from this point on, it will only accept environmentally friendly boxes for packaging. The manufacturer checks the remaining packaging in its inventory and finds that it still has over six months' worth of boxes that are not made of environmentally-friendly materials. These boxes are custom-designed and cannot be returned to the packaging material supplier. In this situation, the manufacturer would be BEST served by doing which of the following?

Options:

A.

Disposing of the existing boxes and switching to environmentally-friendly materials

B.

Explaining the situation to the customer and offering the products in the existing boxes at a discounted price

C.

Negotiating a grace period with the customer to allow a gradual switch from the existing design to the new one

D.

Using the leftover boxes for internal purposes within the organization

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Question 2

The sourcing manager for a regional retail bakery chain reviews order quantities and stocking for perishable condiments on a quarterly basis. Which of the following factors should be the MOST critical consideration in this analysis?

Options:

A.

Setting reasonable delivery performance metrics for suppliers

B.

Understanding the tradeoff between freight costs and inventory levels

C.

Balancing customer service expectations with risk of stockouts

D.

Maintaining profitability for low margin items

Question 3

Which of the following refers to the exporting of a product by a country or company at a price that is lower in the foreign importing market than the price charged in the exporter's domestic market?

Options:

A.

Short selling

B.

Dumping

C.

Hedging

D.

Recovery