Question 8: A Screening factor is:

a. used to make sure that there is not a conflict of interest in selecting a supplier

b.can have different levels for different raters

c. is usually a minimum level of performance a supplier has to meet in an area to be considered for selection

d. all of the above

e. only b and c

f. none of the above

Question 9: Landed costs should be considered in all purchase decisions

True or False

Question 10: TCO analysis should be used for all purchase decisions

True or False

1 A typical manufacturer spends about_ of each sales dollar on purchased inputs. a. 25% b. 40% c. 55% d. 60% e 30% increased visibility of purchasing from the mid 70s to the mid 80s. a. Scarcity/inflation b. Television c. The internet d. Transportation e. None of the above S A "routine buy" on the strategic sourcing matrix has which of the following characteristics? a. High risk b. Unique, value-added suppliers *c. Straight forward competitive marketplaces d. High potential price volatility e. Only a and d 4 What are the four types of buy i.e., segments) that are described by the purchasing portfolio matrix? a. Generic, leverage, special, constant b. Smart, leverage, special, valuable c. Easy, hard, simple, complex d. Routine, leverage, bottleneck, strategic e. None of the above 5 During the procure stage of sourcing execution, you start to take deliveries (buy) from the supplier. True False Most of the products cost and functionality is determined during: a. Manufacturing b. Product design c. Supplier selection d. Launch Reasons for supplier development include: a. Create a source of supply when the item you want is not readily available b. Help existing suppliers improve their capabilities in some way c. Gain power *d. All of the above e. Only a and b