Examples of irregular dealings with suppliers include all of the following except _____.
a. accepting bribes from suppliers
b. accepting business lunches before a contract is negotiated
c. accepting late bids
d. owning a stake in a suppliers company
e. cronyism
Using existing suppliers, because it is easier and quicker, is always the best long-term
approach.
a. True
b. False
Data held in data warehouses are time-dependent, historical data; they may also be
aggregated.
a. True
b. False
Which of the following is not one of the common problems in measuring performance?
a. Too much detail.
b. Too much and wrong data.
c. Measures that are short-term focused.
d. Drive the wrong performance.
e. Measures of behavior versus accomplishments.
Suppliers are sometimes not willing to accept outside help in the form of supplier
development, either because they are too proud to accept help or because they do not
see the value in improving quality or delivery performance.
a. True
b. False
Which of the following elements is false regarding Phase 2, Moderate Development, of
supply management strategy development?
a. e-RAs.
b. Ad hoc supplier alliances.
c. International sourcing.
d. Global supply chains with external customer focus.
e. Supply-base optimization.
According to Gartner, _____ is high volume, high velocity, and/or high variety
information assets that require new forms of processing to enable enhanced decision
making, insight discovery, and process optimization.
a. DMAIC
b. SMAC
c. RFID
d. big data
e. cloud computing
Supply base optimization requires an analysis of the number of suppliers required
currently and in the future for each purchased item.
a. True
b. False
The dollar value of the items covered by procurement cards is relatively high.
a. True
b. False
Metrics to measure supplier innovation contribution, such as number of
new-product/process innovations suggested, product innovations resulting in revenue
generation, and number of new patents benefiting the buyer will be broadly
implemented.
a. True
b. False
The UCC allows the purchaser to only reject the entire shipment for cause.
a. True
b. False
All of the following are roadblocks between measurement and improved performance
except _____.
a. up-to-date information technology
b. too many metrics
c. debate over the correct metrics
d. constantly changing metrics
e. old data
A suppliers willingness to move beyond a traditional purchasing relationship should be
part of the evaluation process for items and services where a longer-term relationship
might be beneficial.
a. True
b. False