QUESTION: 245

A manufacturer experiences frequent changes in product technology and market preferences, resulting in new product introductions each year.
Which of the following sourcing strategies would be most appropriate?

Sole sourcing
Multiple sourcing
Long-term contracting
Strategic partnering

Answer(s): D

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QUESTION: 246

Which of the following statements describes a continuous replenishment strategy in a retail environment?

Retailers make replenishment decisions.
Retailers prepare individual orders and share sales data with vendors to improve customer service.
Vendors use sales data and prepare shipments to maintain the desired level of inventory.
Vendors take full control of inventory policy.

Answer(s): C

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QUESTION: 247

A supplier disputes a low rating generated by a company's enterprise resources planning (ERP) system.
Which of the following actions by the purchasing agent is most appropriate?

Advise the ERP information technology manager that there is a flaw in the rating system.
Scrap the vendor rating system until the company can figure out what is wrong.
Compare the vendor and company detail records, and interview company employees who handled the data.
Tell the supplier that, regardless of the disputed claims, the supplier must improve performance.

Answer(s): C

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QUESTION: 248

On-time delivery performance in the supply chain can best be improved by aligning required capacity with what type of capacity?

Demonstrated
Rated
Budgeted
Theoretical

Answer(s): A

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QUESTION: 245

QUESTION: 246

QUESTION: 247

QUESTION: 248