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Question 1

Right after conducting an audit and analysing audit reports, which of the following should be done by the buying organisation so that supplier can improve itself?

Options :

A : Discuss the findings from audit reports with other suppliers in order to obtain better performance

B : Terminate the contract with supplier if there is any non-conformance arises

C : Adjust the KPIs in order to monitor the supplier more strictly

D : Communicate with supplier about a corrective action plan

Answer: C

Question 2

Which of the following involves supplier analysis, make or buy decisions, the consideration of outsourcing and evaluating associated risks?

Options :

A : Tender assessment

B : Sourcing

C : Insourcing

D : Purchasing

Answer: B

Question 3

When assessing supplier's proposals, which of the following is the group of items that procurement professional should spend the least time and resources?

Options :

A : Routine items

B : Bottleneck items

C : Leverage items

D : Strategic items

Answer: A

Question 4

The procurement team at Grape Juice Limited often use a weighted point system when ap-praising potential suppliers. What is a disadvantage of using a weighted point system?

Options :

A : it allows transparency

B : it is time-consuming to create

C : it is easy to manipulate

D : it is hard to be objective

Answer: A

Question 5

Which is an example of a criterion for supplier selection during a tender for a hospital build to demonstrate the people element of the 'triple bottom line'?

Options :

A : Specifications are designed with appropriately certified materials

B : Demonstrated commitment to a labour industry code of conduct

C : Project plan is designed to use reverse logistics

D : Building design is thermal efficient to meet carbon trust targets

Answer: B