Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 10 pages
Exam (elaborations)

Strategic Sourcing MNP3701 Assignment 01 Due 04 April 2024

Document preview thumbnail
Preview 2 out of 10 pages

I got 91% for this test.

Content preview

Strategic Sourcing MNP3701 Assignment 01 2024


Question 1
Question text
A _____ requires members to use a variety of higher-level skills, supports giving
members regular feedback about performance, results in an outcome with a significant
effect on the organisation and others outside the team, and provides members
autonomy for deciding how they will do the work.

a. technology roadmap
b. gray box design
c. statement of work
d. meaningful task


Question 2
Question text
As a procurement manager in a manufacturing company, you are responsible for
optimising sourcing activities based on the team's projected expenditure. Which one of
the following functions aligns with this responsibility?

a. Category Management
b. Demand Management
c. Contract Management
d. Supplier Relationship Management


Question 3
Question text
Determining whether a new or existing supplier will be able to meet production
introduction deadlines refers to which element that the purchasing organisation should
consider before integrating with the new or existing supplier:

a. Timing
b. Resource commitment
c. Training
d. Innovation and technical
Question 4
Question text
____ involves goods flowing out of business either to final customers or elsewhere in the
distribution system.

a. Inbound transportation
b. Outbound transportation
c. Demand and supply planning

, d. Measurement

Question 5
Question text
A manufacturing organisation is considering outsourcing the production of a critical
element used in its final product. The element is intricate and requires specialised
machinery to produce. The organisation's purchasing department is tasked with
selecting a supplier for this element. Which one of the following categories of purchases
does this scenario primarily relate to?

a. Finished Products
b. Maintenance, Repair, and Operating Items
c. Semifinished Products and Components
d. Raw Materials
Question 6
Question text
____ is the process of collecting historical data by commodity relative to demand from
the business lines, except for personnel expenses, occupancy, and corporate spend.


a.
Category management

b.
Spend analysis

c.
Supply analysis

d.
Demand management

Question 7
Not yet answered
Marked out of 1.00

Flag question

Question text
Which one of the following options would be considered a benefit of the use of social
and collaborative technologies in supply chain management?


a.
Improved utilisation of mobile devices for virtual shopping

b.
Improved automation and integration of buyer and seller processes

c.

Document information

Uploaded on
April 4, 2024
Number of pages
10
Written in
2023/2024
Type
Exam (elaborations)
Contains
Questions & answers
$7.33

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
abhengu9
3.4
(7)
Sold
66
Followers
53
Items
28
Last sold
2 months ago


Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions