MGSC 487 FINAL EXAM MOST RECENT 2026 WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY
GRADED A+
Supply Risk Management Articles (take aways) - CORRECT ANSWER-- While costly, its important to
make investments in mapping your supply networks to be prepared in case of another crisis
- Over the past several decades S-chains have become more globalized resulting in more complex
supply lines that can be expensive to track with technology. The real risk lies with the secondary
suppliers which are smaller and tend to not get noticed often
- Due to unexpected events companies are beginning to move away from the JIT model in instituting
more safeguards in the case of something unexpected
Cisco SCRM Case - CORRECT ANSWER-
IT for Supply Management Articles (takeaways) - CORRECT ANSWER--
Supplier Selection at Casturn Case - CORRECT ANSWER-
eSourcing - CORRECT ANSWER-The process of obtaining bids from different suppliers via a single
online portal.
eProcurement - CORRECT ANSWER-the business-to-business (B2B) online purchase and sale of
supplies and services
- Solutions typically address searching for product/service options, initiating a requisition to buy,
approving a purchase, and creating a PO for a supplier
Spend Analytics - CORRECT ANSWER-The process of collecting, cleansing, classifying, and analyzing
expenditure data with the purpose of reducing overall procurement costs for one or more spend
categories
QUESTIONS AND CORRECTLY WELL DEFINED ANSWERS LATEST ALREADY
GRADED A+
Supply Risk Management Articles (take aways) - CORRECT ANSWER-- While costly, its important to
make investments in mapping your supply networks to be prepared in case of another crisis
- Over the past several decades S-chains have become more globalized resulting in more complex
supply lines that can be expensive to track with technology. The real risk lies with the secondary
suppliers which are smaller and tend to not get noticed often
- Due to unexpected events companies are beginning to move away from the JIT model in instituting
more safeguards in the case of something unexpected
Cisco SCRM Case - CORRECT ANSWER-
IT for Supply Management Articles (takeaways) - CORRECT ANSWER--
Supplier Selection at Casturn Case - CORRECT ANSWER-
eSourcing - CORRECT ANSWER-The process of obtaining bids from different suppliers via a single
online portal.
eProcurement - CORRECT ANSWER-the business-to-business (B2B) online purchase and sale of
supplies and services
- Solutions typically address searching for product/service options, initiating a requisition to buy,
approving a purchase, and creating a PO for a supplier
Spend Analytics - CORRECT ANSWER-The process of collecting, cleansing, classifying, and analyzing
expenditure data with the purpose of reducing overall procurement costs for one or more spend
categories
