CORe Exam Dumps | A firm's supply manager is asked by the engineering department to replace a chemical used in a majority

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HBX.CORE.v2024-09-27.q132
Question 117

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Question 117/132

A firm's supply manager is asked by the engineering department to replace a chemical used in a majority of products made by the firm. The current chemical is Imported and has components that are highly regulated.
Engineering wants to replace it with a chemical that uses non-hazardous domestic materials. This chemical would still have to be reported and customers would have to be notified of the change. Initial tests indicate that the new chemical is as effective as the old one. In this situation, which of the following should be the FIRST step taken by the supply manager?

A. Check if the proposed supplier is ISO 14000 certified

B. Update the project folder and timeline for implementation

C. Perform a total cost analysis of the recommended new formula

D. Notify all customers of the proposed change

Correct Answer: C

* Identify the Change Requirement: The engineering department wants to replace a highly regulated imported chemical with a domestic, non-hazardous alternative.
* Evaluate the Impact:
* Assess the cost implications of switching chemicals, including sourcing, handling, and compliance costs.
* Consider the impact on production processes, product quality, and customer acceptance.
* Total Cost Analysis: Performing a comprehensive total cost analysis will provide a clear picture of all associated costs, ensuring that the decision is financially sound and aligns with the company's strategic objectives.
* Subsequent Steps: If the cost analysis is favorable, update project timelines, check supplier
* certifications, and notify customers. References:
* Total Cost of Ownership (TCO) Analysis Frameworks
* Chemical Supply Chain Management
* Best Practices in Supplier Evaluation and Selection

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