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1.
Which is a core operational focus for modern procurement strategy?
2.
Which two trends are key to future-ready procurement?
- Agentic AI
- Manual approvals
- Strategic cost savings via AI
- Paper-only contracts
3.
What is a major benefit of workflow automation in procurement?
4.
Which two capabilities support supply chain resilience?
- Centralized sourcing
- Diversified supplier base
- Advanced forecasting
- Manual inventory tracking
5.
Which metric is commonly used to track procurement success?
6.
Which three elements are commonly part of digital procurement transformation?
- Blockchain for transparency
- Routine manual approvals
- AI and automation
- Cloud-based e‑procurement platforms
- Paper contract archives
7.
What is one application of AI in sourcing processes?
8.
Which two areas are critical pillars of modern procurement?
- Contract lifecycle management automation
- Centralized manual approvals
- Spend analytics with real-time data
- Siloed reporting systems
9.
What is the purpose of should-cost modeling in strategic sourcing?
10.
Which two approaches help mitigate procurement risk?
- 360° spend visibility
- Supplier exclusivity
- Supplier diversification
- Manual-only systems
11.
What is a key benefit of using community data in procurement?
12.
Which three ESG areas are commonly addressed in procurement strategies?
- Environmental impact
- Social responsibility
- Governance improvements
- Cost-only decision-making
- Increased risk exposure
13.
Blockchain is being adopted in procurement to improve what?
14.
Which two drivers are accelerating AI use in procurement?
- Real-time monitoring
- Manual forecast updates
- Predictive supplier performance insights
- Paper contracts
15.
What technology is transforming contract management?
16.
Which two trends help shift procurement from reactive to strategic?
- AI-powered eSourcing
- Paper-based RFPs
- Collaborative forecasting with suppliers
- Isolated budgeting
17.
What is a key benefit of using cloud-based procurement platforms?
18.
Which three elements are commonly seen in high-performing procurement teams?
- Compliance and governance
- Automation & AI
- Supplier innovation partnerships
- Centralized paperwork
- Isolated spreadsheets
19.
What is a primary benefit of AI in spend classification?
20.
Which two tactics support supply chain resilience?
- Alternative material sourcing
- Supplier blacklisting
- Geographically diverse suppliers
- Centralized contracts only
21.
What advantage do AI-powered sourcing platforms offer?
22.
Which two components are considered foundational to procurement transformation?
- Paper-based approvals
- Risk management integrated in analytics
- Unified spend and contract visibility
- Manual-only workflows
23.
What is a common priority for public sector procurement modernization?
24.
Which two features are essential in digital procurement systems?
- Role‑based access and approval routing
- Manual data entry only
- Performance tracking with business KPIs
- Isolated analytics
25.
Which three strategy elements are frequently emphasized across leading procurement practices?
- Automation and AI
- Supplier/market resilience
- Data-driven decision-making
- Manual-only approvals
- Centralized paperwork
