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L4M6 PAPER 8.
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1.
What does supplier segmentation help procurement teams achieve?
2.
Which trends are enabling intelligent procurement workflows?
- OCR scanning
- Blockchain
- Manual data entry
- Predictive analytics
3.
What is a core reason to adopt automation in sourcing?
4.
Which factors contribute to supplier risk exposure?
- Geographic concentration
- Financial instability
- Manual onboarding
- Strong compliance systems
- Poor visibility into tier 2 suppliers
5.
What is the purpose of e-invoicing in procurement?
6.
Which practices support ethical procurement?
- Bribery tolerance
- Transparent contracts
- Fair labor enforcement
- Collusive bidding
7.
How does contract digitization benefit procurement teams?
8.
Which types of visibility are critical to effective category management?
- Product expiration dates
- Inventory buffers
- Supplier capabilities
- Demand forecasts
9.
Which digital capability improves real-time supply chain monitoring?
10.
Which factors help assess supplier performance?
- Delivery accuracy
- Response time
- Brand color
- Contract violations
- Sustainability adherence
11.
What is a benefit of integrating e-sourcing with ERP systems?
12.
Which features are essential in supplier self-service portals?
- Document uploading
- Data obfuscation
- Real-time updates
- Paper request submission
13.
Which factor increases sourcing agility?
14.
Which are KPIs for measuring sourcing effectiveness?
- Lead time variance
- Email bounce rate
- Supplier fill rate
- Printer usage
15.
What benefit does supplier scorecarding offer?
16.
Which data sources improve procurement forecasting?
- Social media trends
- Supplier history
- Currency fluctuations
- Inventory volumes
- Team birthdays
17.
What is the value of real-time procurement dashboards?
18.
Which risks can be reduced through supplier diversification?
- Production monopoly
- Audit compliance
- Supply disruption
- Invoice aging
19.
Which function is supported by AI in spend analysis?
20.
Which steps improve contract compliance in procurement?
- Contract audits
- Ignoring deviations
- Policy integration
- Renegotiation avoidance
21.
What advantage does automated supplier onboarding provide?
22.
Which trends are transforming procurement analytics?
- Predictive models
- Manual dashboards
- Natural language queries
- Data lakes
- Fax logs
23.
Which concept helps align procurement with business strategy?
24.
Which environmental practices are common in responsible sourcing?
- Waste minimization
- Excess packaging
- Sustainable materials
- Resource overuse
25.
What does a digital supplier network improve?