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NCMA CPCM Exam - Topic 6 Question 6 Discussion

Supply chain management advocates told buyers that they needed to:
D) All of the above
A) use fewer suppliers vs. many suppliers
B) negotiate long-term contract vs. short-term contracts
C) conduct more detailed progress or milestone tracking of suppliers

NCMA CPCM Exam - Topic 6 Question 6 Discussion

Actual exam question for NCMA's CPCM exam
Question #: 6
Topic #: 6
[All CPCM Questions]

Supply chain management advocates told buyers that they needed to:

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Suggested Answer: D

by Karl at May 10, 2022, 02:44 AM

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Rosio
8 months ago
Milestone tracking is crucial, can't believe some don't do it!
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Hildred
9 months ago
Wait, all of the above? Seems like a lot to manage.
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Ernie
9 months ago
Long-term contracts are the way to go, for sure!
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Darrin
9 months ago
I think having many suppliers can actually reduce risk.
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Ryan
9 months ago
Definitely need to use fewer suppliers for better control.
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Felicia
9 months ago
I vaguely remember a case study that suggested all of these strategies could be beneficial, so maybe D is the right choice?
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Jamey
9 months ago
I think we practiced a question about long-term vs. short-term contracts, and I leaned towards long-term for stability, but I can't recall the exact reasons.
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Kerry
9 months ago
I remember discussing the benefits of using fewer suppliers to streamline operations, but I'm not sure if that's the only focus.
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Brinda
9 months ago
I feel like detailed tracking of suppliers was emphasized in our last session, but I'm torn between that and the other options.
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Norah
9 months ago
I'm a little confused by this question. I'm not sure I fully understand the differences between the risks listed. I'll need to review my notes and try to figure out the best answer.
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Glennis
9 months ago
Hmm, I'm not sure about this one. The options seem a bit confusing to me. I'll need to think it through carefully before selecting an answer.
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Sharan
9 months ago
Ah, I see what you mean. That makes sense - the goal is to structure the deal in a way that minimizes the overall tax burden for both parties.
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Kayleigh
10 months ago
Hmm, this is a tricky one. I think the key is to focus on reducing the overall variation in the product, so I'm leaning towards D. Standard deviation.
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Jamal
10 months ago
I think this might be referring to the Long-Range Attack, but I'm not entirely sure. It's all a bit fuzzy right now.
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