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NEW QUESTION 38
A company recently implemented a new supplier rating system. Data was collected from the enterprise resources planning system about each vendor's rating for cost, quality, and delivery over 12 months. A cutoff point was established for poor performers. The responsible purchasing agent then scheduled meetings with each supplier. Which of the following actions is most appropriate to take with suppliers whose ratings were below the cutoff point?
- A. Immediately cancel outstanding contracts with those suppliers.
- B. Tell the suppliers they are on probation for 3 months.
- C. Discuss ways to raise the ratings for the next review period.
- D. Ask the suppliers to explain the poor performance.
Answer: C
Explanation:
Section: Implementation and Operations
NEW QUESTION 39
A company striving to improve its supply chain financial performance should concentrate on which of the following metrics?
- A. Order fill rate
- B. Supply chain agility
- C. Takt time
- D. Days of inventory
Answer: D
Explanation:
Section: Mixed questions
NEW QUESTION 40
All of the following are part of the eight Supply Chain Management Processes suggested byThe Global Supply Chain Forum EXCEPT:
- A. Human Resource Management (HRM)
- B. Returns Management
- C. Suppliers Relationship Management (SRM)
- D. Product Development and Commercialization
- E. Customer Relationship Management (CRM)
Answer: A
NEW QUESTION 41
Which of the following is waste?
I. storage
II. inspections
III. queues
- A. I and II
- B. I, II and III
- C. I
- D. III
- E. I and III
Answer: B
NEW QUESTION 42
Which of the following supply chain management processes deals with flexibility andvariability to achieve supply chain synchronization?
- A. Demand Management
- B. Order Fulfillment
- C. Returns Management
- D. Manufacturing Flow Management
Answer: A
NEW QUESTION 43
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