SCM Final Review 2025/2026 Exam
Questions and Answers 100%
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Maverick spend - 🧠ANSWER ✔✔Unauthorized spending/ Not buying a
contract that would save money
the spending from suppliers without company procurement policy.
Purchase made with the supplier that the company doesn't have a contract
with.
Leverage spend - 🧠ANSWER ✔✔Demand aggregation + Supplier
rationlization = Leveraged spend
↑ (3 year contracts, regional contracts to global contract)
, single sourcing - 🧠ANSWER ✔✔Takes place when a particular supplier is
purposely chosen by the procurment organization, even when there are
other suppliers
sole sourcing - 🧠ANSWER ✔✔Takes place when there is only one supplier
for one required item is available
Strategic sourcing process - 🧠ANSWER ✔✔- Determine/assess customers
needs
- Spend analysis
- Supply market assessment
- total cost analysis
- supplier identification/assessment
- sourcing strategy
- supplier negotiation/selection
- contract management/evaluation
What is spend analysis - 🧠ANSWER ✔✔Systematic analysis of historical
(1-3 years) spend data.
Questions and Answers 100%
Guaranteed Success | Already Rated A+
Maverick spend - 🧠ANSWER ✔✔Unauthorized spending/ Not buying a
contract that would save money
the spending from suppliers without company procurement policy.
Purchase made with the supplier that the company doesn't have a contract
with.
Leverage spend - 🧠ANSWER ✔✔Demand aggregation + Supplier
rationlization = Leveraged spend
↑ (3 year contracts, regional contracts to global contract)
, single sourcing - 🧠ANSWER ✔✔Takes place when a particular supplier is
purposely chosen by the procurment organization, even when there are
other suppliers
sole sourcing - 🧠ANSWER ✔✔Takes place when there is only one supplier
for one required item is available
Strategic sourcing process - 🧠ANSWER ✔✔- Determine/assess customers
needs
- Spend analysis
- Supply market assessment
- total cost analysis
- supplier identification/assessment
- sourcing strategy
- supplier negotiation/selection
- contract management/evaluation
What is spend analysis - 🧠ANSWER ✔✔Systematic analysis of historical
(1-3 years) spend data.
