CIPS Measuring Performance in Purchasing and Supply - A10 Exam Practice Test

A. An organised and defined supplier database

B. An unstructured supplier database

C. A narrow supplier database

D. A large supplier database

A. The buyer placing more orders in bulk

B. The buyer sourcing a lower cost suitable product

C. The department having meetings with more suppliers

D. The buyers placing more orders

A. ABC analysis

B. Value chain analysis

C. SMART analysis

D. Quantum analysis

A. To operate independently of the sales and marketing functions

B. To contribute to the production and operations function

C. To measure the overall performance of the organisation

D. To contribute to the profitability of the organisation

A. A reduction in stock value reported in the financial accounts system

B. A reduction in the purchaser's payment terms

C. A reduction to the capital base of the supplier

D. An improvement in the debtor portfolio of the buying company

A. A means of comparing performance against a standard

B. A means of assessing SPC results

C. A means of gaining negotiation advantages

D. A means of cross-matching a delivery schedule