- (Topic 2)
A company that sells engineered-to-order products is planning implementation of a supplier relationship management system (SRM) for direct materials. Which of the following factors is most likely to make the implementation difficult?
Correct Answer:
A
- (Topic 3)
Electronic data interchange reduces costs primarily through:
Correct Answer:
A
- (Topic 3)
The most appropriate strategy for a firm that makes and sells a wide range of items typically would be to domestically source items that have which of the following characteristics?
Correct Answer:
A
- (Topic 3)
When profit impact is high and supply risk is low for an item, which of the following procurement strategies is most likely to be effective and successful?
Correct Answer:
A
- (Topic 1)
Which of the following corporate strategies is most consistent with a flexible supply chain strategy?
Correct Answer:
B