Free Exam: Rutgers GLSCM Project 1.2
Number of Questions in Test: 16
Number of Questions in Preview: 5
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The process to assess a supplier’s capabilities, and their capacity to supply a product or service to the buyer is known as Supplier Certification
| Type: | True/False |
| Points: | 1 |
Question 2
The purchasing tool described as “A detailed capabilities document used to determine a supplier's capability and interest in the production of a product or service” is called a Request for Proposal (RFP).
| Type: | True/False |
| Points: | 1 |
Question 3
Strategic Sourcing is a comprehensive approach for locating and sourcing key suppliers, which often includes the business process of analyzing the total-spend by material category.
| Type: | True/False |
| Points: | 1 |
Question 4
Among other advantages, preferred suppliers are more likely to provide capacity for meeting unexpected demand, and also provide cost efficiency due to economies of scale.
| Type: | True/False |
| Points: | 1 |
Question 5
When using a weighted-criteria evaluation system with five or more categories, suppliers should be ranked based on their score in only the two highest weighted categories.
| Type: | True/False |
| Points: | 1 |