Purchasing and Supply Chain Management
Welcome to the Purchasing and Supply Chain Management Exam
You have 2hrs to complete this Exam. Goodluck
The number of attempts remaining is 2
Please fill in your contact information
1 / 50
What are the flows in supply chain management
2 / 50
What is a major factor to consider regarding customer expectation?
3 / 50
What is a benefit of production specialization?
4 / 50
The first step in the sourcing process is:
5 / 50
What is the main purpose of issuing a pre-qualification questionnaire in procurement?
6 / 50
What is a key benefit of competitive tendering?
7 / 50
The purchase order is
8 / 50
The first step of material sourcing plan stages is
9 / 50
What does TQM aim to do?
10 / 50
Which is NOT a consideration for selecting a method study?
11 / 50
Pre-qualification questionnaires are used to:
12 / 50
Scope creep occurs when:
13 / 50
What is a reason for a company to diversify?
14 / 50
Which of the following is a key part of a decision to outsource?
15 / 50
The ability of logistics to meet current and future customer tactical requirements
16 / 50
What business activities does SCM cover?
17 / 50
What is 'progress reporting' in production planning?
18 / 50
A market with only one qualified seller existing
19 / 50
What does “make or buy” decision involve?
20 / 50
What is “supplier development”?
21 / 50
What is a potential drawback of work specialization?
22 / 50
What is the purpose of a tender?
23 / 50
Which is a key benefit of collaborative supplier relationships?
24 / 50
What is the most desirable payment method for an exporter?
25 / 50
A performance specification focuses on
26 / 50
What is a “preferred supplier”?
27 / 50
What is 'diversification' in business?
28 / 50
Which of the following is a source of export financing?
29 / 50
What does an 'open account' agreement in export involve?
30 / 50
Exploiting labour is an example of …
31 / 50
What is a 'process' in TQM?
32 / 50
The act of obtaining seller responses, selecting a seller, and awarding a contract is
33 / 50
Which is NOT part of supplier evaluation criteria?
34 / 50
What is a drawback of 'cash in advance' for the buyer?
35 / 50
A primary aim of a procurement professional must be to achieve …*
36 / 50
A document used when a pre-shipment inspection is arranged
37 / 50
What is a risk associated with consignment?
38 / 50
What is Linear Regression?
39 / 50
The ability of logistics to meet current and future customer strategic requirements
40 / 50
What does “supplier segmentation” mean?
41 / 50
The features of the purchase order
42 / 50
Which type of specification describes HOW something is built?
43 / 50
Which sourcing strategy focuses on ONE supplier?
44 / 50
What should be the starting point in product design?
45 / 50
Julia works for a company that buys in diamonds and creates jewellery. In which sector is Julia employed?*
46 / 50
What is the purpose of a warehouse
47 / 50
Which document invites suppliers to submit proposals?
48 / 50
What does an export price quotation include?
49 / 50
Which is NOT a typical stakeholder in defining business needs?
50 / 50
The note should be issued if the supplier complies to specification
Your score is
