Q1. Where in the supply process is there the greatest opportunity to add value and why? 

Q2. When would you issue an RFQ rather than an RFP and why? 

Q3. Why might an organization decide to outsource? Can you give an example? 

Q4. Why should an organization switch from buying to making? 

Q5. Why is early supply/supplier involvement (ESI) important? 

Q6. What is the difference between standardization and simplification? 

Q7. What does it mean if a supplier is ISO 9001 certified? ISO 14001 certified? 

Q8. What are the differences between lean and TQM? What are the implications for supply? 

Q9. What is a Supplier-Managed Inventory (SMI)? Use an example to describe the advantage and disadvantage.