SCMl 420l Examl 1l Latestl 20262027l

SCMl 420l Examl 1l (Latestl 2026/2027l Update)l Alll Chaptersl Coveredl |100%l Verifiedl Q&Al |l Gradel A

Q:l Purchasersl needl tol payl closel attentionl tol thel pricel andl qualityl ofl whichl purchasedl inputs?

Answer:

Thosel inputsl thatl directlyl affectl thel customer'sl experience

Q:l (T/F)l Notl alll buysl arel createdl equal;l youl shouldl spendl morel timel andl effortl onl somel purchasesl thanl others.

Answer:

TRUE

Q:l Categoryl isl ofl highl importancel butl lowl marketl complexity.

Answer:

Leverage

Q:l Categoryl isl ofl lowl importancel butl highl marketl complexity.

Answer:

Bottleneck

Q:l (T/F)l Asl al purchasingl professionall youl shouldl spendl al lotl ofl timel managingl routinel buys.

Answer:

FALSE 1 / 3

Q:l (T/F)l Capitall goodsl arel small,l frequentlyl purchased,l low-dollarl buys.

Answer:

FALSE

Q:l Whyl shouldl purchasingl personnell payl betterl attentionl tol MROl purchases?

Answer:

Whenl combined,l MROl purchasesl oftenl representl al largel dollarl spend.

Q:l Whatl isl onel challengel inl buyingl capitall goods?

Answer:

Youl oftenl needl tol speakl "engineering"l tol understandl complexl specifications

Q:l Whyl canl servicesl bel challengingl tol buy?

Answer:

Theyl arel intangible, It'sl hardl tol evaluatel quality, Theyl arel hardl tol classifyl -l canl bel directl orl indirect

Q:l Whatl isl unauthorizedl buyingl byl non-purchasingl personnell called?

Answer:

Maverickl spending

Q:l (T/F)l Buyingl al largerl quantityl thanl youl needl tol getl al pricel breakl mightl causel additionall problems,l sol dol thisl withl caution.

• / 3

Answer:

TRUE

Q:l Whatl isl purchasingl pricel variance?

Answer:

Thel pricel differencel betweenl thel amountl thatl youl payl al supplierl tol buyl al productl andl thel budgetedl price.

Q:l Howl doesl purchasingl addl valuel tol operations?

Answer:

Itl lowersl costsl byl choosingl suppliersl withl reasonablel pricesl andl highl quality.

Q:l Whatl happensl inl salesl &l operationsl planning?

Answer:

Diversel functionsl comel togetherl tol forecastl howl muchl thel companyl willl sell,l andl howl muchl itl needsl tol make.

Q:l

(T/F)l Thel purchasingl processl consistsl ofl 4l keyl steps:l

1.l Needl communication 2.l Supplierl selection 3.l Transactionl management 4.l Relationshipl management

Answer:

TRUE

Q:l Howl dol internall customersl formallyl communicatel theirl needsl tol purchasing?

Answer:

• / 3