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A _ _ _ _ _ specifies how a group tasked with developing the strategy for the specific category being purchased will achieve goals that
A specifies how a group tasked with developing the strategy for the specific category being purchased will achieve goals that in turn will support higher level strategies.
Question options:
A
functional strategy
B
corporate strategy
C
business unit strategy
D
category strategy
E
None of the above.
Question point
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In supplier evaluation, a includes those systems that release, schedule, and control the flow of work in an organization.
Question options:
A
logistics system
B
cost accounting system
C
traffic management system
D
planning and control system
E
warehouse management system
Question point
Listen
The goal of is to be able to understand, identify, and exploit cost savings opportunities that may have been overlooked by business unit managers or even by suppliers in bringing the products and services to the appropriate location.
Question options:
A
Marketing research
B
Makebuy analysis
C
Value chain analysis
D
Price analysis
E
Cost analysis
Question point
Listen
The key to good market intelligence is to data, which means to explore, compare, and contrast data from multiple sources before it can be validated.
Question options:
A
triangulate
B
minimize
C
gather
D
collect
E
assemble
Question point
Listen
AAn is a formal request for the suppliers to prepare bids, based on the terms and conditions set by the buyer.
Question options:
A
RFQ
B
purchase order
C
RFI
D
supplier analysis
E
eRA
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