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Quick Check - Topic 13

QuestionAnswer
What gets measured gets done. - True - False True
Which of the seven rights of purchasing is most frequently measured? - At the right price - With the right service - Obtains the right material - At the right time - In the right quantity - From the right supplier - For delivery to the right place At the right price
Which of the following is NOT a key role of a supplier scorecard? - They are a source of benchmarking data. - They communicate expectations. - They are very hard to use. - They let suppliers know how well they are performing and where they stand. They are very hard to use
Which of the following is a key dimension of the balanced scorecard? - Customer expectations - Operational excellence - Future capability development - Financial Performance - All of the above All of the above
Supplier scorecards are like a report card; that is, your selected criteria and scales tell suppliers what you will be grading them on. - True - False True
The process for designing/developing a supplier scorecard must be different and distinct from the process you use to develop buyer appraisal criteria. - True - False False
The best place for you to start certifying suppliers is in the “leverage” or “critical” quadrants of the purchasing portfolio matrix. - True - False True
As a rule, supplier certification programs require very little time, effort, or resource dedication. - True - False False
Which of the following is true of dock-to-stock suppliers? - You no longer perform incoming inspections. - You don’t trust them. - Dock to stock is a permanent designation that means you never have to worry again. - All of the above You no longer perform incoming inspections
Which of the following are buyer benefits from supplier certification? - Higher-quality parts - Better buyer/supplier relationships - Lower transaction costs - Simplified receiving - All of the above All of the above
Quality is an important supplier-selection criterion that is found on about 25% of all supplier-selection/evaluation scorecards. - True - False False
Which of the following is not one of the steps in W. Edward Deming’s PDCA cycle? - Procrastinate and calculate - Do and check - Calculate and act - Plan and procrastinate - Check and plan Procrastinate and calculate
Created by: tgalless
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