CSCP MOD 2 CH 4 SEC B | Exam Success n/a

CSCP MOD 2 CH 4 SEC B | Exam Success n/a Rather than choosing the least expensive component for its computers, an electronics manufacturer factors in the costs of reverse logistics. This best exemplifies which distinctions between traditional purchasing and strategic sourcing? Landed cost versus total cost of ownership If an organization owning a brand is looking to establish an ongoing relationship with a supplier but does not desire an alliance, it should: establish prices, discounts, and delivery timing cooperatively. Supply chain thinking requires a strategic view of sourcing that focuses on the long-term success of all partners along the chain Brainpower Read More Previous Play Next Rewind 10 seconds Move forward 10 seconds Unmute 0:07 / 0:15 Full screen What statements about the role of purchasing in a supplier relationship management (SRM) model is correct? Purchasing roles have become more layered between strategic management and buying What statements about the role of supplier relationship management (SRM) in the supply chain model is correct? It focuses on meeting demand What is correctly associated with supplier relationship management (SRM)? Way to ensure mutual profitability while meeting marketplace needs A local supplier is selected as a supply partner over an international supplier who had a lower total cost of ownership. An audit reveals that the supplier was given more weight for being local. What would make this weighting valid? The weight is based on the organization's corporate social responsibility policy A supplier is resistant to certification. What would be the best argument to help convince the supplier to make the effort? Certification can improve throughput and reduce costs An organization is looking to help its supplier with continuous improvement. It would like to seek certification that reflects its narrow focus in a specialty field. What would be the best place to start searching for appropriate certification standards? Industry-specific nonprofit association. Because of its worldwide recognition, the ISO certification has achieved great reach. However, some industries and nonprofit organizations have created their own certification programs that more narrowly reflect the capabilities of the potential supplier