Exam 7: Supporting the Procurement Process with SAP

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Process synergy occurs when processes are mutually supportive.

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All the procurement data is stored in one central database in the new SAP system at CBI.

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Before the implementation of SAP, CBI ________.

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Why did information silos exist in CBI before the implementation of SAP?

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CBI does not share its sales data with its suppliers in real time using SAP.

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Additive manufacturing is also known as two-dimensional printing.

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Internal controls systematically limit the actions and behaviors of employees, processes, and systems within the organization to safeguard assets and to achieve objectives.

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Which of the following is a term that refers to selling a product or system for less than its true price?

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Suppliers ship products to CBI immediately after a purchase request is generated in the SAP system.

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Buying raw materials from an external vendor is an example of procurement.

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A(n)________ is an internal company document that issues an order for a purchase.

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CBI used a single database for the entire procurement process before the implementation of SAP.

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Which of the following is a written document that requests the delivery of a specified quantity of a product or service in return for payment?

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Finished goods inventory contains items that are ________.

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What were the two efficiency objectives that the warehouse team decided on for the procurement process?

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Explain the problems that CBI's purchasing department faced before the implementation of SAP.

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Having differentiated supply chain processes helps to reduce the bullwhip effect in the supply chain.

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Prior to the implementation of SAP at CBI, the warehouse manager was responsible for ordering and receiving raw materials.

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In the supply chain, the returns management process is used to manage the financial returns of a company.

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Which of the following activities in the value chain includes receiving, storing and disseminating inputs to products?

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