SCM201 Full Actual Exam

SCM201 – Full / Actual Exam Questions & Correct, Certified Solutions / .C -

Answer:

1.Which of the following is not one of the features of the new model of progressive purchasing?

• Developing closer relationships with important suppliers.
• Performing due diligence on suppliers before awarding longer-term

contracts.

• Focusing primarily on price analysis and short term contracts.
• Conducting worldwide Internet searches for the best sources of supply.
• Inviting key suppliers to participate in product and process development.

Qs: a -

Answer:

• Which of the following is not one of the factors driving an emphasis on

supply chain management?

• An increasing emphasis on domestic sourcing due to the longer lead

times and higher levels of pipeline inventories associated with global sourcing.

• The cost and availability of information resources among entities in the

supply chain that allow easy linkages that eliminate time delays in the network. 1 / 4

• The level of competition in both domestic and international markets

requires organizations to be fast, agile, and flexible.

• Customer expectations and requirements that are becoming much more

demanding.

• The ability of an organization's supply chain to identify and mitigate risk

minimizes disruptions in both supply and downstream product or services to mitigate the impact on lost sales.

Qs: B -

Answer:

• _____ is a functional group (i.e., a formal entity on the organizational chart

as well as a functional activity (i.e., buying goods and services).

• Engineering
• Purchasing
• Quality assurance
• Logistics
• Treasury operations

Qs: C -

Answer:

• The _____ is a change index, and generally a rating over 50 indicates that

the economy is expanding.

• Consumer Price Index 2 / 4

• Producer Price Index
• ISM Report on Business
• rate of inflation
• None of the above.

Qs: D -

Answer:

• According to the Institute for Supply Management, _____ is the

identification, acquisition, access, positioning, and management of resources and related capabilities an organization needs or potentially needs in the attainment of its strategic objectives.

• supply chain management
• procurement
• logistics
• supply management
• distribution

Qs: A -

Answer:

• Instead of adversarial relationships which characterize _____, _____

features a long-term, win-win relationship between a buying company and specially selected suppliers.

• traditional purchasing....supply management 3 / 4

• traditional purchasing....logistics management
• supply management....traditional purchasing
• strategic sourcing....supply management
• supply chain management....strategic sourcing

Qs: E -

Answer:

• A _____ is a set of three or more organizations linked directly by one or

more of the upstream or downstream flows of products, services, finances, and information from a source to a customer.

• process
• manufacturing system
• value chain
• social media chain
• supply chain

Qs: E -

Answer:

• All of the following are typical processes involved in supply chain

management except _____.

• new-product development
• customer-order fulfillment
• / 4