In supplier evaluation, a Includes those systems that release, schedule, and control the flow of work in an organization. logisties system cost accounting system traffic management system planning and control system Warehouse management system QUESTION 2 Which of the following elements is true regarding Phase4. Fully Integrated Supply Chains, of supply management strategy development? Cross-functional sourcing teams. Cross-enterprise decision making Quality/cost teams. International sourcing Total cost of ownership. All of the following are elements of total cost for worldwide sourcing except domestic corporate sales, general, and administrative expenses packaging base price inventory carrying cost insurance premiums QUESTION 4 Which of the following statements is not true regarding Gantt Charts, Critical Path Method (CPM) and Program Evaluation and Review Technique (t The advantages of the Gantt Charts are that for larger projects, they are easy to keep up to date CPM is used for projects where there is a single known time for each activity with no variance PERT applies to projects where time estimates are variable or uncertain CPM and PERT users can determine the probability of completion by a certain target date using normal distribution statistics All of the Above. Which of the following is not one of the steps in the strategic sourcing process? Build the team and the project charter. Conduct market intelligence research on suppliers. Increasing revenues' Strategy development Supplier relationship management The is a solicitation document that is used by organizations to obtain general thlormation about services, procucts, of tupplifers and is used gonerally belo: v.RA PO RFP RFI RFO QUESTION 7 Involves contracting with independent suppllers outside the organization (domestic or foreign) to provide products or services that wrere performed Re-shoring Nearshoring Outsourcing Offshoring International purchasing QUESTION 8 is the process of identifying cost considerations beyond unit price, transport, and tooling. Total cost of ownership Price analysis Make-bury analysis Portfolio analysis Low-cost country sourcing