Procurement and Supply Chain Management Practice Questions

Procurement and Supply Chain Management Quiz

Section 1: Procurement Fundamentals

• 1. Improving compliance, training standards, sourcing strategy, and data handling: Control
• 2. Electronic integration and management of all procurement activities: E-procurement
• 3. Which is not an item of the 'five rights of purchasing'?: At the right cost
• 4. Procurement cycle (Paper inventory replaced by electronic): CD or web-based catalogue
• 5. Demand forecasting reduction: Sharing of demand by customers with suppliers as part of Efficient Consumer Response (ECR)
• 6. Coordination of all supply activities from suppliers to delivery: SCM (Supply Chain Management)
• 7. Improved buying leverage through increased supplier competition: Cost
• 8. Activities involved with obtaining items from a supplier: Procurement
• 9. Procurement cycle (Buyer orders directly): Order-entry on website
• 10. Pressure to reduce manufacturing and distribution costs: Reduction in paperwork through electronic transmission of orders, invoices, and delivery notes

Section 2: Advanced E-Procurement and Supply Chain

• 1. Procurement cycle (Integration of facilities): Integrated e-procurement or ERP systems
• 2. Business purchasing raw materials for normal activities: Upstream supply chain
• 3. Rationalisation and standardisation of e-procurement processes: Process
• 4. Electronic system used to automate the procurement function: EPS (Electronic Procurement System)
• 5. Which is not an item of the 'five rights of purchasing'?: At the right cost
• 6. Demand forecasting reduction: Sharing of demand by customers with suppliers as part of Efficient Consumer Response (ECR)
• 7. Business selling products to a wholesaler: Downstream supply chain
• 8. Knowledge sharing and productivity improvements: Individual performance
• 9. Combined use of ICT to enhance purchasing: E-procurement
• 10. Demand management aimed at satisfying customer demand: ECR (Efficient Consumer Response)