Exam 4: Supply Management Integration for Competitive Advantage

Which of the following is not True regarding establishing sourcing team goals?

Integration does not require that people create a common understanding of the end goal or purpose.

Which of the following are not considered relationship management skills?

_____ involves professionally managing suppliers and developing close working relationships with different internal groups.

If team members receive delayed reinforcement, they will exert greater effort than if the reinforcement is immediate.

Which of the following is not a benefit of using a cross-functional sourcing team?

The physical co-location of a supplier engineer at a buying company is increasingly becoming a part of the normal product development process structure.

A _____ is one that requires members to use a variety of higher-level skills, supports giving members regular feedback about performance, results in an outcome with a significant effect on the organization and others outside the team, and provides members autonomy for deciding how they will do the work.

External relationship management begins with internal relationship management: internal alignment is key.

Suppliers are never an invaluable source of ideas for process improvement.

On supplier assessments, performance data should be weighted in such a manner that they are aligned with customer performance requirements.

Successfully using teams does not require extensive planning before a team should be allowed to pursue an assignment.

If given the opportunity, suppliers seldom have a major impact on the overall timing and success of a new product.

Which of the following is not a potential drawback of using a cross-functional sourcing team?

Which of the following is not a common obstacle to closer buyer-seller relationships?

All of the following questions are important in considering new or existing suppliers for integration except _____.

Because the links between operations and supply management have been so close, it is not unusual for supply management to report directly to operations.

Many supply management groups are recruiting commodity managers with very strong technical backgrounds, who are able to talk the talk and walk the walk alongside their engineering counterparts.

_____ is the process of incorporating or bringing together different groups, functions, or organizations, either formally or informally, physically or by information technology, to work jointly and often concurrently on a common business-related assignment or purpose.

Many firms are now colocating supply management personnel directly at operating locations so supply management can respond quickly to operation's needs.