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Package Deal For SCMN 3730 Exam 1,2,3 and 4 Questions and Answers with Verified Solutions Graded A 2024

Package Deal For SCMN 3730 Exam 1,2,3 and 4 Questions and Answers with Verified Solutions Graded A 2024

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SCMN 3730 Exam Study Guide Questions and Answers 2024

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Global Sourcing Reasons for Expansion -Answer- 1. Increase revenue 2. Achieve economies of scale 3. Reduce direct cost 4. Advance technology 5. Reduce firm's global tax liability 6. Reduce market access uncertainty 7. Enhance sustainability What is the rational for increased revenue? -An...

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SCMN 3730 Exam Questions and Answers UPDATED 2024

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When it comes to lead times, procurement departments aim to ___, ___, and ___ the amount of times it takes for the product to arrive Stabilize, Reduce, Ensure A purchasing department characterized by central procurement function for all commodities with a single upward reporting structure would be...

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SCMN 3730 Exam 3 Questions and Answers Graded A 2024

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What types of problems can be hidden by high inventory levels? a. poor material quality b. inaccurate demand-forecasting systems c. unreliable supplier delivery d. all of the above e. none of the above f. a and b -Correct Answer all of the above Items purchased from suppliers or produced ...

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SCMN 3730 Exam 2 Questions and Answers with Verified Solutions Graded A 2024

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What are the primary steps in the strategic souring process? -Correct Answer -Research & Analysis -Initiative Planning -Supplier Selection -Contract Negotiation What is the objective of the sourcing process? -Correct Answer To achieve the "lowest landed cost" position for a specified pro...

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SCMN 3730 Exam 1 Study Guide Questions and Answers Graded A 2024

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What are the features of the new model of progressive purchasing? -Answer- -developing closer relationships with important suppliers -performing due diligence on suppliers before awarding longer term contracts -conducting worldwide internet searches for the best sources of supply -inviting key su...

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