Question: As a purchasing professional, what is your most important position? Monitor inventor Choosing the right supplier Getting the lowest price Check deliveries for accuracy All

As a purchasing professional, what is your most important position?

  • Monitor inventor
  • Choosing the right supplier
  • Getting the lowest price
  • Check deliveries for accuracy
  • All of the above

Small-volume purchases or commodities that don't deserve a lot of time are considered what kind of buy?

  • Routine
  • Critical
  • Leverage
  • Bottleneck
  • None of the above

Which of the following is a benefit of buying direct from a distributor?

  • Lower prices and better service
  • Access to a wider bundle of products and emerging technologies
  • Invest more resources in supplier selection and management.
  • All of the above
  • None of the above

Which of the following is a benefit of buying direct from a manufacturer?

  • Lower prices and better service
  • Access to a wider bundle of products and emerging technologies
  • Invest more resources in supplier selection and management.
  • All of the above
  • None of the above

High-volume purchases that are important to vour operations would be considered what kind of buy?

  • Routine
  • Critical
  • Leverage
  • Bottleneck
  • None of the above

Which of the following is a step in the supplier selection process?

  • Contract negotiation
  • Supplier interviews
  • Identify procurement cycle
  • Performance monitoring

A scorecard should measure which of the following?

  • Performance on potential orders
  • Supplier preferences
  • The same metrics you used to select the supplier
  • How nice the supplier is
  • All of the above

Which of the following is a reason you want to have multi-criteria analysis as a tool in your decision-making toolkit?

  • Multi-criteria analysis is intuitive
  • Multi-criteria analvsis enables vou to quantify qualitative issues.
  • Multi-criteria analysis is widely applicable; that is, you can use it whenever decision-making requires comparing optons.
  • Multi-criteria analysis invites you to do disciplined homework to that you make a good decision.
  • All of the above

Which of the following is a good match between buyer and supplier for all types of buys?

  • Nuisance
  • Exploitable
  • Development
  • Core
  • None of the above

How can you increase your attractiveness as a customer-i.e., become a customer of choice?

  • Increase the amount vou spend
  • Increase the amount of service you ask for
  • Increase the demands on the supplier
  • Call the supplier more frequently to talk
  • None of the above

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