Last Update Dec 2, 2024
Total Questions : 312 With Comprehensive Analysis
Last Update Dec 2, 2024
Total Questions : 312
Supply Management Core Exam
Last Update Dec 2, 2024
Total Questions : 312 With Comprehensive Analysis
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A company has recently moved to outsourcing and low-cost country sourcing for two key product lines, and the supply manager has seen some of the cost savings erode as the supply chain and related distances increase. However, the supply manager is certain that by working with the new supply base, many of the savings previously earned could be regained, especially since raw material lead times have actually decreased in the marketplace, and cycle time in most offshore assembly plants has been reduced by 35%. Which of the following should be employed?
A supply manager Is seeking potential suppliers to recreate a now obsolete custom component. The supply manager identifies five suppliers who have the technology to manufacture the part. The supply manager wants to understand the capability of these suppliers prior to bidding. Which of the following should the supply manager use in this instance?
A buying firm receives samples from a supplier. The samples pass endurance testing, and a production batch is ordered and received. Soon after, it is found that the production parts break much sooner than the samples did. The supplier claims the life requirements of the parts are not stated in the warranty clause of the contract and thus denies liability.
Which of the following is TRUE in this situation?