1. Which of the following strategies is key to sustainable sourcing?
A) Purchasing goods and services aimed at exploiting global efficiencies in production
B) Taking into account the long-term impact of procurement on people, profit, and the planet
C) Purchasing at fair prices to promote producers in disadvantaged and developing countries
D) Promoting positive social change through organizational buying behavior
2. Which of the following factors should be used to determine transportation department performance?
A) Full truckloads (FTL), maintenance, and discounts
B) Quality, fill rate, and mode selection
C) Full-container load (FCL), perfect order performance, and dwell time
D) Cost, speed, and delivery consistency
3. Which supply chain strategy should be implemented when lead time is short and demand is known?
A) Continuous replenishment
B) Push inventory
C) Flexible supply chain
D) Collaborative planning, forecasting, and replenishment (CPFR)
4. A company finds that one of its warehouses is out of capacity to store products. Expanding the physical size of the warehouse is not an option. The most appropriate solution would be to increase the:
A) cash-to-cash cycle of slow-moving items
B) inventory turn of slow-moving items
C) use of break-bulk warehousing
D) inventory days of supply of fast-moving items
5. A company embarking on the establishment of strategic partnerships and ready to relinquish control over inventory management would choose which of the following customer-supplier interactions?
A) Continuous replenishment
B) Collaborative planning, forecasting, and replenishment (CPFR)
C) Quick response
D) Vendor-managed inventory (VMI)
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