0 votes, 0 avg

PURCHASING AND SUPPLY CHAIN MANAGEMENT

Welcome to Membership Exams. We wish you all the best as you kick start a wonderful career with us

ONLINE EXAMINATIONS

The online assessment is taken on completion of the training material. You will be asked 100 multiple choice questions with a pass mark of 50%. The answers are marked automatically so you will instantly know whether you have passed. If you don’t pass don’t worry! You can take the Exam again

Whether you are a student on our platform or not we encourage you to email your enquires to our friendly team if you need help with anything at info@membershipexams.com

REGISTER TO START YOUR EXAMINATION

1 / 50

SCM. Which of the following is NOT a benefit of SCM Purchasing?

a) Consistent quality

b) Savings on resources

c) Lower costs

d) Less dependence on suppliers

2 / 50

SCM. The bullwhip effect:

a) is an ineffective way to motivate warehouse employees

b) applies to rodeos and has nothing to do with supply chain management

c) refers to the “swaying” motion associated with triple trailers

d) refers to variability in demand orders among supply chain participants.

3 / 50

SCM. An important feature of supply chain management is its application of electronic commerce technology that allows companies to share and operate systems for:

Order processing, transportation scheduling, and inventory management

cost-effective flowing of raw materials

future purchasing of computer systems

future merger opportunities

4 / 50

SCM. Which of the following are not key attributes of supply chain management?

inventory control

leveraging technology

customer power

all are key attributes

5 / 50

SCM. Which of the following is not a typical supply chain member?

Retailer‟s Creditor

Wholesaler

Producer

Customer

6 / 50

SCM. The trend in organizations is to place the SCM function:

Under the manufacturing function

Under the finance function

Under the engineering function

At the same level as the other major functions

7 / 50

SCM. , An essential role in Procurement is

a, Competitive bidding.

B, Negotiation.

C, Sourcing

8 / 50

SCM. What is SCM?

A, Supply Chain Management

B, Sourcing Coordinating Method.

C, Supply Chain methodology

9 / 50

SCM. From the economic system's point of view, the role of marketing intermediaries is to transform the assortment of products made by producers into the assortment of products wanted by ________ Channel members.

manufacturers

marketers

distributors

10 / 50

SCM. Which of the following is NOT a factor affecting the supply chain?

Reduced number of suppliers

Increased competition

Longer product life cycles

Increased opportunities to strategically use technology

11 / 50

SCM. Which of the following is not a typical supply chain member?

Retailer‟s creditor

wholesaler

reseller

producer

12 / 50

SCM.To reduce inventory management costs, many companies use a system called ________, which involves carrying only small inventories of parts or merchandise, often only enough for a few days of operation.

supply chain management

economic order quantity

just-in-time logistics

limited inventory logistics

13 / 50

SCM. The resources required by every Manager to achieve the pre- determined goals and objectives are:

A, Manpower, Men

B, Machine, Material

C, Money, Methods

D, All of the above

14 / 50

SCM. Which one of these was not mentioned in the list of recent trends in operations management?

Total quality management

Worker involvement

Global competition

Automation

15 / 50

SCM. Today, a growing number of firms now outsource some or all of their logistics to ________intermediaries.

competitors

third-party logistics providers

channel members

cross-functional teams

16 / 50

SCM. Quality is both quantitative and

Supportive

Qualitative

Measurable

Conclusive

17 / 50

SCM. Intermediaries play an important role in matching ________.

dealer with customer

manufacturer to product

information and promotion

supply and demand

18 / 50

SCM. A supply chain is a sequence of firms that perform activities required:

To find products that are similar

To create synergy in their training programs

To create and deliver goods to consumers

19 / 50

SCM. There are four generic processes involved in any SCM-Planning for operations,Sourcing decisions,Manufacturing related activities and

Purchase

Inventory

Information

Distribution

20 / 50

SCM. what is the meaning of EOQ

A, Economic Order Quantity

B, Economic Optimum Quantity.

C, Economy Ordering quantity.

21 / 50

SCM. Cooperative supply chain relationships developed to enhance the overall business performance of both parties is a definition

a) third-party logistics

b) supply chain collaboration

c) dovetailing

d) relationship marketing

22 / 50

SCM. Marketing logistics involves getting the right product to the right customer in the right place at the right time. Which one of the following is not included in this process?

implementing the plan for the flow of goods and services

planning the physical flow of goods and services

controlling the physical flow of goods, services, and information

gathering customer's ideas for new products

23 / 50

SCM. What are the Pre- Transaction elements in Customer satisafaction?

A, Knowledge of avaialability

B, Quality sales representation.

C, Monitored stocked level.

D, All of the above

24 / 50

SCM. Which one of the following is not a typical question dealt with by an operations managers?

How much capacity will be needed in the months ahead?

What is a satisfactory location for a new facility?

How to motivate employees?

All are typical of operations decisions

25 / 50

SCM. When a sample measurement falls inside the control limits, it means that

each unit manufactured is good enough to sell

the process limits cannot be determined statistically

the process output exceeds the requirements

if there is no other pattern in the samples, the process is in control

26 / 50

SCM. Which of the following statements is true of LEAN?

Lean principles focus on advanced statistical methods

Lean principles are separate body of knowledge

Lean principles have been developed over a lengthy period of time.

Lean principles include reducing waste.

27 / 50

SCM. A supply chain is essentially a sequence of linked:

Customer and prospects

Supplier and manufacturer

Suppliers and customers

28 / 50

SCM. The variability in demand orders among supply chain participants:

a) cannot be controlled

b) refers to the bullwhip effect

c) can be controlled with electronic order placement

d) is more pronounced in relational exchanges

29 / 50

SCM. All of the following costs are likely to decrease as a result of better quality except

customer dissatisfaction costs

maintenance costs

scrap costs

warranty and service costs

30 / 50

SCM. In a SC,Material flows in one direction while _________from in both direction

Process

Information

Product

Semifinished Goods

31 / 50

SCM."Quality is defined by the customer" is

An unrealistic definition of quality

A user-based definition of quality

A manufacturing-based definition of quality

A product-based definition of quality

32 / 50

SCM. A supply chain is a sequence of firms that perform activities required:

a. to find products that are similar

b. to facilitate wholesalers inventory selections

c. to create synergy in their training programs

d. to create and deliver goods to consumers

33 / 50

SCM. Today, a growing number of firms now outsource some or all of their logistics to ________ intermediaries

a) competitors

b) third-party logistics providers

c) channel members

d) cross-functional teams

34 / 50

SCM. If two potential suppliers can deliver a part with the same quality and prices, the selection should be based on:

Age of the firms

A coin flip

Outside evaluation

The capabilities and flexibilities of the firms

35 / 50

SCM. Which one of the following would not generally be considered an aspect of operations management?

Schedule work

Secure financial resources

Maintain quality

Oversee the transformation process

36 / 50

SCM. A company's channel decisions directly affect every ________.

customer's choices

employee in the channel

channel member

Marketing decision.

37 / 50

SCM. Costs of dissatisfaction, repair costs, and warranty costs are elements of cost in the

Taguchi Loss Function

Pareto Chart

ISO 9000 Quality Cost Calculator

Process Chart

38 / 50

SCM. Which of the following are not key attributes of supply chain management?

inventory control

leveraging technology

customer power

all are key attributes

39 / 50

SCM. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.

production line

supply chain

marketing channel

warehouse

40 / 50

SCM. Total Quality Management emphasizes

the responsibility of the Quality Control staff to identify and solve all quality-related problems

A commitment to quality that goes beyond internal company issues to suppliers and customers

A system where strong managers are the only decision makers

A process where mostly statisticians get involved

41 / 50

SCM. Which one of the following is not a typical question dealt with by an operations manager

How much capacity will be needed in the months ahead?

What is a satisfactory location for a new facility?

Which products/services should be offered?

All are typical of operations decisions

42 / 50

SCM. What is the meaning of JIT

A, Just integrated technology

B, Just in Time

C, just information technology

43 / 50

SCM. The goal of Total Quality Management is:

Customer satisfaction

Product differentiation

Brand equity

Acting globally

44 / 50

SCM. Which one does not use operations management?

A CPA firm.

A bank.

A hospital

They all use it.

45 / 50

SCM. "Quality is conformance to specifications”-This definition of quality is from point of view of

Customer

Manufacturer

Quality Circle Forum

TQM

46 / 50

SCM. If a sample of parts is measured and the mean of the measurements is outside the control limits the process is

in control, but not capable of producing within the established control limits

out of control and the process should be investigated for assignable variation

within the established control limits with only natural causes of variation monitored closely to see if the next sample mean will also fall outside the control limits

47 / 50

SCM.When suppliers, distributors, and customers collaborate with each other to improve the performance of the entire system, they are participating in a ________

a) channel of distribution

b) value delivery network

c) supply chain

d) supply and demand chain

48 / 50

SCM. Which of the following is true regarding control charts?

Values above the upper and lower control limits indicate points out of adjustment.

Control charts are built so that new data can be quickly compared to past performance data.

Control charts graphically present data.

All of the above are true.

49 / 50

SCM. A ____________ encompasses all activities associated with the flow and transformation of goods from the raw material stage, through to the end user, as well as the associated information flows.

Production line

Supply chain

Marketing channel

Warehouse

50 / 50

SCM. What is the best way of informing workers of management decisions:

A, Problem solving.

B, Decision making

C, Communication.

Your score is

Purchasing and Supply Chain Management Examination

REGISTER TO START YOUR EXAMINATION

WISH YOU BEST OF LUCK