CIPS L5M7 - Achieving Competitive Advantage Through the Supply Chain (L5M7)
What isBusiness Process Re-engineering (BPR)?
Farmer Joe sells wheat and barley. He charges more when demand is high and less when demand falls. What pricing strategy does he follow?
Which of the following could explain why an organisation chooses tooutsourcea function?
ABC produces electronics in a highly competitive, fast-changing market. Which supply chain strategy should ABC employ?
Normal distributionforms what shape on a graph?
Electro Bob is a wholesaler of electrical equipment. One of its customers, RoostyFace, spends very little and is unlikely ever to increase its spend. Whattype of customeris RoostyFace to Electro Bob (Supplier Preferencing Model)?
Which of the following could be consideredadded valuewithin a supply chain? Select THREE.
SRT Ltd, a national construction firm, has acentralised procurement function. What is an advantage of this?
Trust is a dynamic concept required in partnership relationships. Which of the following are part of thefive trust componentsimportant in supply chains?
Where two organisations atdifferent levelsof the supply chain share responsibilities, resources, and performance information to serve similar end customers, what is this known as?
