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| Section | Objectives |
|---|---|
| Topic 1: Developing Supplier Relationships | - Trust and commitment in supplier partnerships - Partnership models and collaboration approaches - Relationship lifecycle stages - Supplier relationship management (SRM) frameworks |
| Topic 2: Managing Supplier Performance | - Key Performance Indicators (KPIs) - Continuous improvement processes - Performance measurement tools and techniques - Scorecards and supplier audits |
| Topic 3: Supplier Segmentation and Categorisation | - Kraljic matrix and portfolio analysis - Supplier classification criteria - Strategic, tactical, and transactional suppliers |
| Topic 4: Ending and Reconfiguring Supplier Relationships | - Exit strategies and transition planning - Managing relationship dissolution professionally - Supplier base rationalisation - Contract termination processes |
| Topic 5: Supply Chain Context | - Supplier market analysis - Stakeholder relationships in procurement - Understanding the supply chain environment |
| Topic 6: Supplier Risk and Resilience | - Risk mitigation strategies - Supplier vulnerability analysis - Business continuity planning - Risk identification and assessment |
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NEW QUESTION # 247
In Public Sector procurement a PIN is sent out to inform suppliers of an upcoming tender opportunity. What does PIN stand for?
Answer: D
Explanation:
A PIN is a 'prior information notice' - it is sent out before the ITT to let suppliers know that an opportunity is coming up and they should look out for it. See p 72 "supplier identification- public sector" for more details.
NEW QUESTION # 248
Which of the following are possible drivers for partnership sourcing? Select THREE.
Answer: A,B,D
Explanation:
The correct answers are; The marketplace has become more volatile, Working together will create synergies and The need to improve performance to satisfy the end customer. Further Drivers ofPartnership Sourcing can be found on p.127. The other answers are incorrect as entering a partnership won't protect intellectual property rights- in fact that's one of the big risks of entering into a partnership. Partnerships won't increase costs and lead-times, they're likely to decrease them.
NEW QUESTION # 249
Which of the following is not a stage in the relationship life-cycle?
Answer: B
NEW QUESTION # 250
Mendelow's Stakeholder Matrix categorises stakeholders into four groups and provides insight into how these stakeholders should be managed. What is a limitation to using this Matrix to categorise stakeholders?
Answer: D
Explanation:
The correct answer is 'The Matrix doesn't consider whether the stakeholder is for or against the activity'. For a list of other limitations of using Mendelow's Stakeholder Matrix see p.82
NEW QUESTION # 251
Which of the following would you use to qualify new suppliers? Select THREE.
Answer: B,D,E
Explanation:
This is based on a real exam question- it's looking to see if you can remember Carter's 10 Cs. These are; cash, cost, consistency, culture, clean, communication, competency, capacity, commitment and control. (p.12 in the text book)
NEW QUESTION # 252
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