Multiple Choice
_____ is the process of developing insights into stakeholder requirements, comparing these to external industry intelligence, supply base capabilities and operational risks, and developing a strategy to align internal requirements with external supply market conditions.
A) Spend analysis
B) Cost management
C) Contract management
D) Category management
E) Procure-to-pay
Correct Answer:
Verified
Correct Answer:
Verified
Q32: Responsibility for concealed damage is often simple
Q33: Purchasing's right to evaluate and select suppliers
Q34: The _ purchase category includes such items
Q35: _ include anything that does not go
Q36: For routine, off-the-shelf items, the purchase requisition
Q38: A/An _ has demonstrated its performance capabilities
Q39: It is a common and preferred current
Q40: Material discrepancies usually result from incorrect quantity
Q41: Buyers use competitive bidding when price is
Q42: If a supplier's components are defective and