Get Dec-2024 updated Exam LEAD Dumps with New Questions [Q100-Q117]

Q100. DEF Company acquires MNO, Incorporated. The new firm’s chief procurement officer (CPO) is tasked with consolidating duplicate components under one supplier for the lowest total cost. The CPO plans to use the firms’ combined cognitive procurement system to complete this task. Which of the following will this system MOST likely yield in order to aid the CPO?

Q101. A retail chain is looking to gain a competitive edge in the market. The firm wants to allow visibility throughout the company and enhance supply performance regarding demand forecasting, inventory management, and transportation. In this situation, which of following will be MOST effective?

Q102. In order for a succession plan to be effective, it should

Q103. A firm’s human resources (HR) department would like to expand a successful training program but does not have funding to do so. The firm’s supply manager believes that strategic sourcing of other HR spend categories can reduce costs to provide funding for the training program. Which of the following influencing tactics should the supply manager use FIRST in order to convince HR to employ strategic sourcing?

Q104. An assistant contract administrator has been promoted to a newly-created contract management position in charge of sourcing a new product line. The position will work closely with other departments. The new manager is familiar with the firm’s general procedures and organization but needs to expand skills in areas related to the increased responsibilities of the new position.
Which of the following will be MOST effective in this situation?

Q105. A supply management department experiences a high number of sexual harassment complaints, resulting in the dismissal of the department manager. The new manager is tasked with improving discipline and creating a more positive, productive environment. Which of the following is the MOST effective course action for the new manager to take?

Q106. A supply management department is focused on reducing short- and long-term costs. However, the reporting of these cost reductions has been inconsistent. Some are reported as cost savings but not cost avoidance, while others are not documented at all. In preparing performance evaluation measures for the coming year, how can the department BEST address these concerns?

Q107. A manufacturer of multi-media equipment plans to expand into new product areas requiring materials and components the firm has not previously purchased, as well as greater reliance upon global suppliers. The timeline for the project will be very demanding. The firm’s supply manager has experience with enterprise resource planning (ERP) and believes ERP will be helpful for the new project. The firm has never before invested in such technology and does not have the resources to do so. Given this situation, which of the following actions should the supply manager take?

Q108. In global sourcing, for which of the following areas is verifying compliance likely to be MOST difficult?

Q109. Which of the following is an example of a before-the-fact management control?

Q110. A firm wishes to lessen its environmental impact within the community. However, the firm must first establish a baseline measurement. In this situation, which of the following is the BEST way for the firm to measure its supply base’s sustainability performance?

Q111. CDE, Inc. is a U.S.-based sporting apparel company. CDE contracts with a manufacturer in another country to produce a specialized line of clothing. In the first few months, sales of the new line are very disappointing. It is then discovered that the manufacturer is marketing counterfeit copies of the new line in the U.S. and abroad, thus undercutting CDE’s pricing and damaging its reputation. Given this situation, which of the following should CDE do FIRST?

Q112. A supply manager recently graduated from college is hired by a manufacturing organization as a buyer of industrial chemicals. The new supply manager has limited knowledge of chemicals and the marketplace. In this situation, which of the following is the FIRST step the supply manager should take?

Q113. A tech company creates several innovative software programs for internal usage, including a program that streamlines supply chain management. To leverage its efforts, the company markets a version of this program. An important potential customer asks the supply manager about future enhancements to the software. While such updates are in progress, they have not been announced. Given this situation, which of the following is the BEST course of action for the supply manager to take?

Q114. A supply manager is responsible for managing a team of transactional buyers. While reviewing transaction logs, the supply manager notices that one of the buyers is listed as the requisitioner on an unusually large number of the purchase orders. The supply manager suspects improper activity and wants to investigate the matter further. Given this situation, which of the following will be MOST useful to the supply manager?

Q115. A supply department is transitioning from a traditional procurement structure to a more strategic sourcing model. This change is expected to provide new opportunities for skilled supply chain professionals. Which of the following would be the BEST approach in preparing for leadership in such an organization?

Q116. TUV, Ltd. is a firm based in the United Kingdom. TUV engages a contractor in Malaysia to construct new production and testing facilities located within Malaysia’s capital city. Midway through the project, TUV’s supply manager realizes that there is no formal retention policy in place for safety records. Given this situation, which of the following is the MOST appropriate course of action for the supply manager to take?

Q117. Using an outsourced freight firm’s transportation services rather than delivering products to customers directly is an example of which of the following risk management strategies?