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SCMN TEST 2 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED
ANSWERS LATEST 2025 ALREADY GRADED A+
What is step 4 in the 5 step procurement process? - (answers)Initiate Transactions
An organized and collaborative approach to leveraging targeted spend across
locations with select suppliers that are best suited to create knowledge and value
in the customer-supplier interface: - (answers)Strategic Sourcing
Why should you buy? - (answers)We can focus on our core competencies
Benefits that can be derived from The Buy Process? - (answers)Reduction in cost
per unit, Control over consumption and volume, Improved efficiency by
standardization
What's the name of the type of purchase that has low supply risk and high profit
impact? - (answers)Leverage Items
What's the name of the type of purchase that has high supply risk and low profit
impact? - (answers)Bottleneck Items
What are the reasons why The Buy Process is important? - (answers)Organizations
are not vertically integrated, The supply base is geographically dispersed, The buy
process can provide competitive advantage
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What is a reason you should Make? - (answers)We have proprietary designs
How has the growing importance of purchasing shifted the role within supply
chain management? - (answers)From a tactical to a more strategic role
Supplier Scorecards... - (answers)Offer additional business to best support,
Monitor performance across multiple metrics over extended time period,
Categorize suppliers based on their scores
What are the 3 key decisions in developing a production plan and schedule? -
(answers)Which transform process to use?
How much of each input is required?
How much output to make?
Which production strategy has been traditionally used in mass production to
meet an anticipated demand? - (answers)Push Strategy
What type of manufacturing layout is defined as a fixed location layout where the
product remains in place for the duration of production? - (answers)Project
Layout
Which method of production focuses on creating a steady flow of inventory
through a factory? - (answers)Continuous Production
SCMN TEST 2 EXAM WITH CORRECT ACTUAL
QUESTIONS AND CORRECTLY WELL DEFINED
ANSWERS LATEST 2025 ALREADY GRADED A+
What is step 4 in the 5 step procurement process? - (answers)Initiate Transactions
An organized and collaborative approach to leveraging targeted spend across
locations with select suppliers that are best suited to create knowledge and value
in the customer-supplier interface: - (answers)Strategic Sourcing
Why should you buy? - (answers)We can focus on our core competencies
Benefits that can be derived from The Buy Process? - (answers)Reduction in cost
per unit, Control over consumption and volume, Improved efficiency by
standardization
What's the name of the type of purchase that has low supply risk and high profit
impact? - (answers)Leverage Items
What's the name of the type of purchase that has high supply risk and low profit
impact? - (answers)Bottleneck Items
What are the reasons why The Buy Process is important? - (answers)Organizations
are not vertically integrated, The supply base is geographically dispersed, The buy
process can provide competitive advantage
, 2|Page
What is a reason you should Make? - (answers)We have proprietary designs
How has the growing importance of purchasing shifted the role within supply
chain management? - (answers)From a tactical to a more strategic role
Supplier Scorecards... - (answers)Offer additional business to best support,
Monitor performance across multiple metrics over extended time period,
Categorize suppliers based on their scores
What are the 3 key decisions in developing a production plan and schedule? -
(answers)Which transform process to use?
How much of each input is required?
How much output to make?
Which production strategy has been traditionally used in mass production to
meet an anticipated demand? - (answers)Push Strategy
What type of manufacturing layout is defined as a fixed location layout where the
product remains in place for the duration of production? - (answers)Project
Layout
Which method of production focuses on creating a steady flow of inventory
through a factory? - (answers)Continuous Production
