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 is 'concentric diversification'?
2 / 50
What does KPI stand for?
3 / 50
What is the primary aim of method study in manufacturing?
4 / 50
The ability of logistics to meet current and future customer strategic requirements
5 / 50
The act of obtaining seller responses, selecting a seller, and awarding a contract is
6 / 50
A performance specification focuses on
7 / 50
What is a crucial consideration in export pricing?
8 / 50
What does “supplier segmentation” help organisations do?
9 / 50
A document certifying the origin of products being exported
10 / 50
What is the purpose of 'corrective action' in production planning?
11 / 50
Which document describes WHAT the product/service must DO?*
12 / 50
Which communication method is BEST for resolving urgent supplier issues?
13 / 50
What business activities does SCM cover?
14 / 50
Which of the following is a source of export financing?
15 / 50
What is a drawback of 'cash in advance' for the buyer?
16 / 50
What is a disadvantage of an open account for the exporter?
17 / 50
Customers are …
18 / 50
The ability of logistics to meet current and future customer tactical requirements
19 / 50
What is a consignment in export terms?
20 / 50
How does export credit insurance help exporters?
21 / 50
A market with only one qualified seller existing
22 / 50
Which is NOT a typical supplier performance metric?
23 / 50
What is Time Series Forecasting?
24 / 50
What is a “preferred supplier”?
25 / 50
Which of the following is a key part of a decision to outsource?
26 / 50
What is the first step in a method study?
27 / 50
What is the purpose of a tender?
28 / 50
The features of the purchase order
29 / 50
Which sourcing strategy focuses on ONE supplier?
30 / 50
Pre-qualification questionnaires are used to:
31 / 50
The main purpose of supplier relationship management (SRM) is to:
32 / 50
What is 'progress reporting' in production planning?
33 / 50
What are the flows in supply chain management
34 / 50
What are the methods used for Demand Forecasting
35 / 50
What is a common approach for new exporters in pricing?
36 / 50
What does “supplier segmentation” mean?
37 / 50
What are the factors affecting channel selection
38 / 50
The first step of material sourcing plan stages is
39 / 50
Why is early stakeholder involvement important?
40 / 50
What is a potential disadvantage of diversification?
41 / 50
What is a benefit of production specialization?
42 / 50
What should be the starting point in product design?
43 / 50
What does “conflict resolution” involve in supplier relationships?
44 / 50
What is a risk associated with consignment?
45 / 50
What is the purpose of a warehouse
46 / 50
What is Linear Regression?
47 / 50
What do factoring houses do?
48 / 50
Which document invites suppliers to submit proposals?
49 / 50
What economic aspect is important in method study?
50 / 50
The note should be issued if the supplier complies to specification
Your score is
