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INTE Exam Dumps : Supply Management Integration

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Supply Management Integration Questions and Answers

Question 1

GHI, Inc. is a U.S.-based company with an expanding product line. GHI widens its sourcing of components to global suppliers, including suppliers in countries which are not included in trading blocs or bilateral agreements with the United States. Compliance with which of the following will MOST likely reduce GHI's administrative burden of cargo inspections on materials imported from these sources?

Options:

A.

United Nations Convention on Contracts for the International Sale of Goods (CISG)

B.

Foreign Corrupt Practices Act (FCPA)

C.

Global Environmental Management Initiative (GEMI)

D.

Customs-Trade Partnership Against Terrorism (C-TPAT)

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Question 2

Analysis of inventory turnover is generally considered part of what status assessment ratio?

Options:

A.

Financial efficiency

B.

Working capital

C.

Operating expense

D.

Debt-to-equity

Question 3

FGH, Inc. is a beverage manufacturer. FGH is having difficulty coordinating daily delivery requirements of bottles from Supplier X. Delivery schedules are set weekly, but often need to be changed. However, the supplier has otherwise established itself as reliable. In the hope of speeding up the replenishment process and reducing coordination efforts, FGH is prepared to share production and inventory information with Supplier X. In this situation, which of the following should FGH implement with Supplier X?

Options:

A.

Supplier-managed inventory (SMI)

B.

Supplier quality program (SQP)

C.

Supplier relationship management (SRM)

D.

Vendor scheduling (VS)