Free L4M8 Exam Braindumps (page: 17)

Page 17 of 49

Explain why you think quality should be investigated before working with potential supplier?

  1. See Explanation section for answer.

Answer(s): A

Explanation:

Quality is fitness for purpose. It is important that quality is investigated by procurement professionals before forming relationship with potential supplies. If quality is not investigated before selecting supplier the organization might stand the risk of facing the following disadvantages;
Reputational Damages
Cost of Rework
Cost of Downtime
Cost of Material
Cost of being stocked with the wrong supplier
Cost of being stocked in a project that may not come to an end at the forecasted time.

How buyer can choose a supplier with a good quality culture is first by defining the quality of the product or services to be carried out .Having knowledge of the product or service quality, supplies can rightly select and evaluated supplier with total quality management (TQM) in their system, ISO 9001 accreditation. TQM includes everyone in the organization with knowledge on the required quality; there would be little or no rejection/reworks. Thus is an added value to the organization.
Refer to the question column for response



Explain why you think quality should be investigated before working with potential supplier?

  1. See Explanation section for answer.

Answer(s): A

Explanation:

Quality is fitness for purpose. It is important that quality is investigated by procurement professionals before forming relationship with potential supplies.

If quality is not investigated before selecting supplier the organization might stand the risk of facing the following disadvantages;
Reputational Damages
Cost of Rework
Cost of Downtime
Cost of Material
Cost of being stocked with the wrong supplier
Cost of being stocked in a project that may not come to an end at the forecasted time.

How buyer can choose a supplier with a good quality culture is first by defining the quality of the product or services to be carried out .Having knowledge of the product or service quality, supplies can rightly select and evaluated supplier with total quality management (TQM) in their system, ISO 9001 accreditation. TQM includes everyone in the organization with knowledge on the required quality; there would be little or no rejection/reworks. Thus is an added value to the organization.



What are advantages and disadvantages of the two types of specifications?

  1. See Explanation section for answer.

Answer(s): A

Explanation:

Ones the need is understood, the procurement professional develops the specifications while working together with stakeholders and colleagues to ensure that the final design is fit for purposes that it meets the generated need.
Specification can be focus on performance or conformance. Performance specification states what the product or service must do or how it should perform but leave the supplier the freedom to achieve this, however they wish. Performance specification brings the following advantages; it allows supplier innovation, promote competition in the market place, shorter document, quick to prepare. The disadvantage of perfor- mance specification is that buyers may not know exactly what they will be getting. Conformance specification gives clear instructions to the supplier about what is required and how it should be achieved. Examples of conformance specifications are chemical formulae, recipes and technical drawings. Conformance specification specifies which standards a requirement must meet or exceed. The advantage of using it is; buyers know exactly what they will get. It has the following disadvantages; the buyer bears the risk, it does not encourage supplier to innovate, take longer and complex documentation.
Refer to the question column for response



What are advantages and disadvantages of the two types of specifications?

  1. See Explanation section for answer.

Answer(s): A

Explanation:

Ones the need is understood, the procurement professional develops the specifications while working together with stakeholders and colleagues to ensure that the final design is fit for purposes that it meets the generated need.
Specification can be focus on performance or conformance. Performance specification states what the product or service must do or how it should perform but leave the supplier the freedom to achieve this, however they wish. Performance specification brings the following advantages; it allows supplier innovation, promote competition in the market place, shorter document, quick to prepare. The disadvantage of perfor- mance specification is that buyers may not know exactly what they will be getting.

Conformance specification gives clear instructions to the supplier about what is required and how it should be achieved. Examples of conformance specifications are chemical formulae, recipes and technical drawings. Conformance specification specifies which standards a requirement must meet or exceed. The advantage of using it is; buyers know exactly what they will get. It has the following disadvantages; the buyer bears the risk, it does not encourage supplier to innovate, take longer and complex documentation.



Page 17 of 49



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Napo Posholi commented on October 02, 2023
They are very helpful
Anonymous
upvote