Supplier appraisal - Study guides, Class notes & Summaries

CIPS L4M1 EXAM QUESTIONS AND ANSWERS 100% SOLVED Stakeholders In any activity an organization undertakes, whether strategic, operational or tactical, the activity can only be successful with the input, commitment and support of its key stakeholders. Gaining and maintaining the support and commitment of stakeholders requires a continuous process of engaging the right stakeholders at the right time and understanding and managing their expectations. Global Supply Chains a dynamic worldwide...

CPIM EXAM PART 1 REVIEW QUESTIONS & ANSWERS 100% SOLVED The most common sequence for processing products in a supply chain is: A. supplier, manufacturer, customer. B. manufacturer, customer, supplier. C. distributor, retailer, supplier. D. retailer, supplier, manufacturer. A. supplier, manufacturer, customer. Which of the following terms pertains to the design, planning, execution, control, and monitoring of supply chain activities with the objective of creating net value, building a c...

WGU C215 OPERATION MANAGEMENT WITH QUESTIONS AND WELL VERIFIED ANSWERS [GRADED A+] ACTUAL EXAM 100% REAL EXAM!!! Advertising revenue model - ANS---Provides users with information on services and products and provides an opportunity for suppliers to advertise Affiliate revenue model - ANS---Companies receive a referral fee for directing business to an affiliate Taguchi loss function - ANS---costs of quality increase as a quadratic function as conformance values move away from tar...

APIC'S CPIM Part 1 Post Test (Q & A) Already Passed In addition to customer orders, the master production schedule (MPS) might handle which of the following types of demand? Bill-of-material items Interplant orders Dependent demand Parts list items -Answer-Interplant orders: Interplant demand is usually handled by the master production scheduling system in a manner similar to customer orders. A shipment of remote control components is delivered to a factory and immediately taken to a w...

Total Quality Management (TQM) Philosophy 1. customer focus 2. continuous improvement 3. employee empowerment 4. use of quality tools 5. product design 6. process management 7. managing supplier quality Process Capability Index (Cpk) Basic function of Six Sigma. Measures the process potential and performance of processes. The higher the range of Cpk, the improved is the ability of the process to complete its necessities. Six Sigma A disciplined, data-driven approach and me...

CIPS L4M1 - Question & Answer Past exam questions latest 2023/2023 O1. Outline FIVE differences between purchasing goods and purchasing services. 1. Goods are tangible, services are intangible: 2. Services cannot be separated from their supplier: 3. Heterogeneity: goods are usually uniform in nature while services are unique at each delivery 4. Services 'perish' immediately on delivery whereas goods can be stored until required 5. Products are easier to specify, being tangible O2. Exp...

3 aspects that go into Successful strategy, and what kind of implementation. Ans: 1. Simple consistent long-term goals 2. Profound understanding of the competitive environment 3. Objective appraisal of resources What focus gets "rate of return above cost of capital" to Corporate Strategy? Ans: Industry Attractiveness: Which industries should we be in? What focus gets "rate of return above cost of capital" to Business Strategy? Ans: Competitive Advantage: How should we compete? Porter...

APIC'S CPIM Part 1 Post Test Questions And Answers 100% Solved In addition to customer orders, the master production schedule (MPS) might handle which of the following types of demand? Bill-of-material items Interplant orders Dependent demand Parts list items - answerInterplant orders: Interplant demand is usually handled by the master production scheduling system in a manner similar to customer orders. A shipment of remote control components is delivered to a factory and immediately t...

APIC'S CPIM Part 1 Post Test |Complete Questions with A+ Graded Answers In addition to customer orders, the master production schedule (MPS) might handle which of the following types of demand? Bill-of-material items Interplant orders Dependent demand Parts list items Interplant orders: Interplant demand is usually handled by the master production scheduling system in a manner similar to customer orders. A shipment of remote control components is delivered to a factory and immediatel...

In addition to customer orders, the master production schedule (MPS) might handle which of the following types of demand? Bill-of-material items Interplant orders Dependent demand Parts list items - Answer Interplant orders: Interplant demand is usually handled by the master production scheduling system in a manner similar to customer orders. A shipment of remote control components is delivered to a factory and immediately taken to a workstation ready to begin assembly. What is the name o...