CSCP Exam Dumps | A company recently implemented a new supplier rating system. Data was collected from the enterprise resources

<< Prev Question Next Question >>

Question 136/256

A company recently implemented a new supplier rating system. Data was collected from the enterprise resources planning system about each vendor's rating for cost, quality, and delivery over 12 months. A cutoff point was established for poor performers. The responsible purchasing agent then scheduled meetings with each supplier. Which of the following actions is most appropriate to take with suppliers whose ratings were below the cutoff point?

A. Immediately cancel outstanding contracts with those suppliers.

B. Discuss ways to raise the ratings for the next review period.

C. Tell the suppliers they are on probation for 3 months.

D. Ask the suppliers to explain the poor performance.

Question List (256q): Question 1: A retailer that operates a three-level distribution network ...; Question 2: Which of the following supply chain areas utilize order mana...; Question 3: Which of the following cost elements typically would be incl...; Question 4: Production of a company's highest profit items is dependent ...; Question 5: A company considers moving a portion of its production to a ...; Question 6: Which of the following outcomes is an expected benefit of ef...; Question 7: Which of the following tools is most appropriate to use to d...; Question 8: The European Union (EU) is an example of:...; Question 9: The first information necessary in order to effectively impr...; Question 10: A company recently faced an increase in backorders. The comp...; Question 11: What is the primary benefit of using modular rather than int...; Question 12: Which of the following marketing strategies emphasizes offer...; Question 13: Which of the following factors typically is the most signifi...; Question 14: Which of the following metrics is the most appropriate measu...; Question 15: Improving fill rate is an objective related to which of the ...; Question 16: The factors to consider in the make-or-buy decision include ...; Question 17: Which of the following actions typically would be considered...; Question 18: An organization is redesigning its processes to maximize the...; Question 19: Which of the following consequences are primary objectives i...; Question 20: A firm has identified key benefits for developing a strategi...; Question 21: (Exhibit) A company has prioritized customers A, B, and C, f...; Question 22: Which of the following risks is associated with outsourcing?...; Question 23: A company that has documented the current state of return pr...; Question 24: Which of the following inputs is used in developing a projec...; Question 25: Which of the following tools is most appropriate for underst...; Question 26: A company is seeking to attract recent college graduates as ...; Question 27: A large retailer would like to reduce inventory investment i...; Question 28: Inbound logistics is a supply chain management term used for...; Question 29: Which of the following entities assumes ownership of goods o...; Question 30: Effective collaboration for item replenishment by external s...; Question 31: Producing finished goods in a manufacturing environment has ...; Question 32: Which of the following actions by trading partners would be ...; Question 33: A company has applied lean thinking and tools to its interna...; Question 34: A methodology in which inventory is increasingly likely to b...; Question 35: Which of the following processes ensures that functional pla...; Question 36: A company currently produces a major component and is consid...; Question 37: Which of the following is the most important result when a c...; Question 38: In an advanced planning and scheduling (APS) system, which o...; Question 39: Point-of-sale information fails to measure actual demand mos...; Question 40: Which of the following types of information would be an appr...; Question 41: A manufacturer has direct relationships with its tier 1 supp...; Question 42: Which of the following activities is critical to successful ...; Question 43: A company has recently implemented a vendor-managed inventor...; Question 44: In an assemble-to-order manufacturing environment, the maste...; Question 45: Which of the following distribution strategies is characteri...; Question 46: The most important challenge to consider when sourcing globa...; Question 47: A manufacturer offers a trade-in allowance on a new machine ...; Question 48: The primary business advantage of developing an internationa...; Question 49: A manufacturer of consumer packaged goods with a single plan...; Question 50: The process used to determine the impact of promotions, pric...; Question 51: A company distributes its products through wholesale, retail...; Question 52: A company that has selected the hybrid production method has...; Question 53: A distributor wants to run a promotion on an item that a man...; Question 54: The use of a seasonal index as a forecasting technique measu...; Question 55: A company whose business strategy is to be environmentally r...; Question 56: A company develops annual forecasts for key products and ent...; Question 57: A company has determined that products sold to a large, stra...; Question 58: What is the primary benefit of using a central storage wareh...; Question 59: A company closely monitors supplier performance and notices ...; Question 60: A company most likely would implement a supplier certificati...; Question 61: The production scheduler for a bottleneck resource should:...; Question 62: Which of the following types of alignments between extended ...; Question 63: Which of the following practices has improved management of ...; Question 64: Throughout most of the supply chain, safety stock will be de...; Question 65: One of the drawbacks to using ISO 26000 is that it:...; Question 66: When designing a supply chain for strategic advantage, a com...; Question 67: Overall supply chain risk may be increased by implementing w...; Question 68: Which of the following actions is most appropriate to take w...; Question 69: The most cost-effective way to increase the velocity of good...; Question 70: On-time delivery performance in the supply chain can best be...; Question 71: A juice manufacturer wants to determine the time required to...; Question 72: A manufacturer is the leader of a group of trading partners ...; Question 73: A company has an asset turnover ratio of 1.8, inventory of $...; Question 74: Implementing customer relationship management (CRM) will ena...; Question 75: When choosing a supplier in a market-responsive supply chain...; Question 76: A company is concerned that a component in their product cou...; Question 77: A company that produces a set of standard products, which ar...; Question 78: The purpose of Incoterms is to establish common:...; Question 79: Which of the following measures of a supply chain performanc...; Question 80: Which of the following characteristics are reflective of a r...; Question 81: Which of the following metrics is the most appropriate measu...; Question 82: Variability in product design can best be reduced by:...; Question 83: Which of the following actions by a manufacturer most likely...; Question 84: A company plans to maximize profitability by charging more f...; Question 85: Due diligence for conflict- or high-risk-materials should in...; Question 86: Which of the following actions is most likely to improve the...; Question 87: In large supply chain transformation efforts, companies ofte...; Question 88: Which of the following benefits would a company realize by i...; Question 89: A company's annual cost of goods sold is $350 million, and i...; Question 90: Which of the following design approaches is best suited for ...; Question 91: A company that has consistently achieved a high level of on-...; Question 92: What is the inventory turnover for a company with the follow...; Question 93: Which of the following situations is an example of postponem...; Question 94: The most stringent measurement of fill rate to support produ...; Question 95: Which of the following criteria are important when establish...; Question 96: One of the difficulties in purchasing services is to:...; Question 97: An advanced planning system differs primarily from enterpris...; Question 98: A shipping company investing to reduce damages due to weathe...; Question 99: A company plans to implement a new software application for ...; Question 100: An advantage of using a third-party logistics service (3PL) ...; Question 101: When a company works on controlling stockout frequency, the ...; Question 102: Which of the following statements about warehouse layout and...; Question 103: Which of the following actions is in accordance with the Ten...; Question 104: A large manufacturer wanting to be more competitive in the g...; Question 105: Which of the following factors is a key motivation for suppl...; Question 106: In distribution requirements planning (DRP), projected on-ha...; Question 107: Which of the following measures best describes fill rate?...; Question 108: A manufacturer experiences frequent changes in product techn...; Question 109: A company originally based in Germany sets up companies in I...; Question 110: A new distribution warehouse is added to an existing supply ...; Question 111: A firm has increased finished-goods inventories for several ...; Question 112: An effective procurement strategy for commodity products sho...; Question 113: Which of the following actions typically is most important w...; Question 114: Which of the following statements defines the function of th...; Question 115: Which of the following is the key benefit obtained by using ...; Question 116: Bar codes and radio frequency identification systems are key...; Question 117: Which of the following objectives is a critical measure of d...; Question 118: Which type of purchase is best suited for single sourcing wi...; Question 119: An item must be added to inventory to support new business. ...; Question 120: A corporation must consider which of the following factors w...; Question 121: The practice of purchasing items in large quantities and req...; Question 122: After identifying the potential causes for delays in communi...; Question 123: A well-grounded program in which a company focuses on custom...; Question 124: Which of the following factors is the key determinant of saf...; Question 125: Which of the following metrics compares the cost of goods so...; Question 126: The best way to manage a business relationship is to measure...; Question 127: One key factor to consider when selecting suppliers for thei...; Question 128: Which of the following areas of concern is an important stra...; Question 129: A company is determining where it should manufacture a produ...; Question 130: Activity costing (ABC) is an example of:...; Question 131: Which of the following variables is the most appropriate cus...; Question 132: A company wants to implement a system for managing environme...; Question 133: Which of the following factors is the most important driver ...; Question 134: The most appropriate reason for a business to comply with th...; Question 135: An organization is striving to improve the transfer of multi...; Question 136: A company recently implemented a new supplier rating system....; Question 137: A company redesigning their supply chain should review which...; Question 138: A firm has determined its cash-to-cash cycle time to be 60 d...; Question 139: Which of the following actions by trading partners will like...; Question 140: Which of the following tools will facilitate greater collabo...; Question 141: Which of the following consequences is typical of a push-bas...; Question 142: Which of the following activities is included in the source ...; Question 143: The Delphi forecasting method offers which of the following ...; Question 144: Which of the following risks does currency fluctuation pose ...; Question 145: A sales and marketing directory who wants to transform a com...; Question 146: A company most likely would consider moving a portion of its...; Question 147: A company has decided to source, manufacture, and distribute...; Question 148: Which of the following strategies would increase overall sup...; Question 149: Customer demand is 120 units per week. The company works on ...; Question 150: Which of the following strategies is used primarily for dema...; Question 151: A manufacturing company has several inexpensive items that a...; Question 152: Which of the following terms represents a time series foreca...; Question 153: Which of the following objectives is a major principle of th...; Question 154: The primary reason for a firm to pursue strategic supply cha...; Question 155: Keeping all other factors equal, a company typically will tr...; Question 156: When developing a supply chain strategy, which of the follow...; Question 157: Companies are more likely to consider the consequences of th...; Question 158: The probability of customer dissatisfaction is highest when ...; Question 159: A new supplier in a different country will offer substantial...; Question 160: The most likely benefit of implementing a collaborative tran...; Question 161: Which of the following statements best identifies the value ...; Question 162: Sell-side e-commerce must include:...; Question 163: A key concept distinguishing six sigma from lean manufacturi...; Question 164: The purchasing manager of a company wants to minimize stock-...; Question 165: An effective company strategy results when combining innovat...; Question 166: A warehouse supervisor has discovered a shortage of material...; Question 167: Which of the following processes would a company use to eval...; Question 168: A supplier has decided to improve its forecast accuracy by r...; Question 169: Which of the following types of risk typically would be most...; Question 170: Which of the following statements about the use of bar code ...; Question 171: Value stream mapping provides the most benefit during which ...; Question 172: A main benefit of using customer relationship management (CR...; Question 173: Supply chain disruption avoidance measures typically are bas...; Question 174: An operations manager wants to measure variability in the de...; Question 175: Which of the following activities is forbidden in a free tra...; Question 176: Which of the following characteristics typically is required...; Question 177: Which of the following activities is the most appropriate us...; Question 178: Which of the following strategies can be used to help mitiga...; Question 179: Which of the following statements is true when selecting the...; Question 180: The customer who provides point-of-sale data remains the sol...; Question 181: Which of the following descriptions represents cash-to-cash ...; Question 182: A company has a single manufacturing facility. It distribute...; Question 183: A manufacturer of innovative products needs to focus on whic...; Question 184: Potential customers of a company's new product have tight to...; Question 185: Organizations can take which of the following actions as an ...; Question 186: The purpose of the Global Reporting Initiative (GRI) is to s...; Question 187: A company that sells 60 units of product in a given year and...; Question 188: A firm is undertaking a revision of its financial metrics to...; Question 189: Which of the following conditions are most indicative of a c...; Question 190: In the Supply Chain Operations Reference (SCOR) model, which...; Question 191: A key assumption of the economic order quantity (EOQ) is tha...; Question 192: Compared to mass-media marketing, customer relationship mana...; Question 193: The social dimension of sustainability typically would be ad...; Question 194: Which of the following documentation represents a carrier's ...; Question 195: The diagram below shows the process of manufacturing of item...; Question 196: A distribution requirements planning (DRP) system it impleme...; Question 197: Which of the following strategies is most appropriate for ma...; Question 198: Risk pooling enables a lower total inventory level without a...; Question 199: One of the key benefits of adopting a lean supply chain phil...; Question 200: A company has adequate average available capacity but does n...; Question 201: Which of the following principles is included in the United ...; Question 202: Which of the following actions most likely will increase mar...; Question 203: The process of continuous improvement can be defined best as...; Question 204: Electronic data interchange (EDI) is best defined as a:...; Question 205: The ABC classification system answers which two of the follo...; Question 206: Using financial tools to minimize the impact of currency flu...; Question 207: Companies with manufacturing facilities in one country are m...; Question 208: A firm purchases a product requiring high quality, but it is...; Question 209: A procurement manager wants to reduce costs on commodity ite...; Question 210: The voice-of-the-customer (VOC) approach is used most approp...; Question 211: A firm has captured the following information for a product ...; Question 212: Which of the following types of competitive strategies most ...; Question 213: A company that is effectively managing its cash will have wh...; Question 214: Value stream mapping provides the most benefit when:...; Question 215: Which of the following attributes is an advanced functionali...; Question 216: A work center's demonstrated capacity for the last week was ...; Question 217: Which of the following considerations is an important supply...; Question 218: Which of the following elements of total quality management ...; Question 219: Which of the following effects is most likely to occur for a...; Question 220: The primary reason for having supply contracts appropriate f...; Question 221: In a make-or-buy decision, if the product is modular and the...; Question 222: Which of the following levels in a supply chain network repr...; Question 223: Total annual profit typically is highest at what stage of th...; Question 224: Which of the following statements about functional products ...; Question 225: A company that produces standardized products and sells them...; Question 226: Benchmarking a firm's performance against industry competito...; Question 227: Raw material costs have been rising and much of the inventor...; Question 228: The practice of supply chain members acting in close collabo...; Question 229: Which of the following actions is most likely to increase to...; Question 230: The ultimate goal of a supply contract is to achieve which o...; Question 231: For an item with high profit impact and low supply risk, wha...; Question 232: To achieve the objective of increased profits, a company tha...; Question 233: What is the primary role of marketing in supporting supply c...; Question 234: Increased collaboration and access to channel partner compet...; Question 235: A firm supplies products and services to a wide variety of i...; Question 236: When of the following outcomes is achieved through the reduc...; Question 237: Customizing can be an effective warehousing strategy because...; Question 238: In an advanced planning system, which of the following modul...; Question 239: Which of the following factors typically is most important i...; Question 240: A large wholesaler formerly owned a number of delivery truck...; Question 241: Which of the following transportation modes has the highest ...; Question 242: Which of the following attributes typically makes reverse lo...; Question 243: When an importer and manufacturer are operating in a free tr...; Question 244: Which of the following actions typically would be the first ...; Question 245: When evaluating several possible supply chain options, a fir...; Question 246: A manufacturer uses standard costing, and a potential suppli...; Question 247: In which of the following forms of electronic commerce do su...; Question 248: Which of the following statements regarding intellectual pro...; Question 249: A company's cash-to-cash cycle time is 36 days. How many wee...; Question 250: A company has designed its supply chain so that financial lo...; Question 251: The purpose of continuous improvement in the supply chain is...; Question 252: Which of the following processes enables joint planning of k...; Question 253: Which of the following relationship activities is most impac...; Question 254: Transforming company policies into objectives and specific g...; Question 255: Which of the following costing approaches directly reflects ...; Question 256: A company would like to benchmark its inventory levels again...

Question 136/256

LEAVE A REPLY

Download PDF File