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‘A product will not survive commercially unless it satisfies XXXX needs’. Which one of the follow-ing is the most important fit for XXXX?
‘Reputation gained through proficiency, ability or achievement’ (as used in the CIPS Code of Con-duct)
You work as a buyer for a large international corporation. You are currently involved in negotiating a high-value contract, and one of the supplier’s representatives offers to take you to a dog-racing event, with all expenses paid. The offer is open to the whole of your procurement team. What do you do?
Use of competition is most obviously going to influence which of the following ‘rights’?
The time between recognition / origin of the need; through to usage or consumption is described as:
It is thought that the cause of a negative variance in the materials budget is the poor negotiation skills of procurement staff. Which of the following (select two) would be a move in the right direc-tion to remedy this situation?
In developed economies such as the European Union and North America, there is no forced labour (modern slavery) in supply chains. True or false?
Which two of the following would be unlikely to increase value for money for an organisation?
In the period in question, the budget for staff overtime and bonuses is zero.
The actual expenditure is 2,900.
Is this variance:
Van Weele wrote that ‘quality is the degree in which XXXX requirements are met. We speak of a quality product or quality service when supplier and XXXX agree on requirements and those re-quirements are met’.
Cause and effect diagrams, also known as Ishikawa diagrams, are sometimes also known, because of their shape, as:
A single purchase agreement created to cover multiple repeat orders for supplies from a single source, is called a:
According to the Profex textbook for this subject, specifications are said to be ‘the heart of the con-tract'.
Accurate specification of requirements along with suitable-chosen quality standards is most likely to influence which of the five Rights?
In a manufacturing business, there are two important materials budgets. One is called ‘materials pur-chases budget’ and the other is called ‘materials XXX budget’. What is the missing word?
The main difference between value engineering and XXXXX XXXXX is that whereas value engineering is applied to new product design at the pre-manufacturing stage, XXXXX XXXXX is applied to established products that are already being manufactured and sold in the market.
TESTED 29 Apr 2024