Question: A _ _ _ _ _ specifies how a group tasked with developing the strategy for the specific category being purchased will achieve goals that
A specifies how a group tasked with developing the strategy for the specific category being purchased will achieve goals that in turn will support higher level strategies.
Question options:
Afunctional strategy
Bcorporate strategy
Cbusiness unit strategy
Dcategory strategy
ENone of the above.
In supplier evaluation, a includes those systems that release, schedule, and control the flow of work in an organization.
Question options:
Alogistics system
Bcost accounting system
Ctraffic management system
Dplanning and control system
Ewarehouse management system
The goal of is to be able to understand, identify, and exploit cost savings opportunities that may have been overlooked by business unit managers or even by suppliers in bringing the products and services to the appropriate location.
Question options:
AMarketing research
BMakebuy analysis
CValue chain analysis
DPrice analysis
ECost analysis
The key to good market intelligence is to data, which means to explore, compare, and contrast data from multiple sources before it can be validated.
Question options:
Atriangulate
Bminimize
Cgather
Dcollect
Eassemble
AAn is a formal request for the suppliers to prepare bids, based on the terms and conditions set by the buyer.
Question options:
ARFQ
Bpurchase order
CRFI
Dsupplier analysis
EeRA
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