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L5M7 Exam Dumps - Achieving Competitive Advantage Through the Supply Chain (L5M7)

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Question # 4

Which industry is most likely to usesupplier tiering?

A.

Automotive

B.

Agriculture

C.

Services

D.

Finance

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Question # 5

Joe is a Supply Chain Manager at a car manufacturer in the UK. He plansrationalisationto streamline processes and save money. Which tactics are forms of rationalisation? Select TWO.

A.

Customisation

B.

Supplier innovation

C.

Collaborative inventory management

D.

Tier-skipping

E.

Reducing the number of suppliers

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Question # 6

AResource-Based Review(RBR) focuses on which aspect of competitive advantage?

A.

Internal environment as a driver of competitive advantage

B.

Achieving cost leadership through lower prices

C.

Narrowing the supply chain to create efficiencies

D.

Using the external environment to create value

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Question # 7

Normal distributionforms what shape on a graph?

A.

Horizontal line

B.

Vertical line

C.

Bell curve

D.

Circle

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Question # 8

Which of the following statements aboutsupply chain knowledgeis correct? Select TWO.

A.

Where supply chain knowledge is low, there is high collaboration with partners.

B.

Where supply chain knowledge is low, members tend to operate independently of others.

C.

Where there is high readiness to use technology, IT use is deliberate and structured.

D.

Where technology utilisation is low, systems and policies are consistent.

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