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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