Preview Questions Supply Chain Manager | Role Specific Skill

Question 1: How does a cost-plus contract affect supplier negotiations in aerospace?

Which action should you take?

Choose only one option

Increases supplier pricing transparency

Reduces buyer's leverage

Reduces negotiation complexity

Transfers financial risks to the supplier

Question 2: How can Total Cost of Ownership (TCO) analysis support procurement decision-making in aerospace?

Which action should you take?

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By negotiating better payment terms

By identifying hidden costs

By standardizing supplier bids

By streamlining order quantities

Question 3: When negotiating with a sole-source supplier in aerospace, what is the best approach to ensure favorable terms?

Which action should you take?

Choose only one option

Ignoring supplier cost breakdowns

Price benchmarking

Building trust and transparency

Threatening to switch suppliers

Question 4: Which metric is most critical to evaluate supplier performance in aerospace procurement?

Which action should you take?

Choose only one option

Cost variance

Quality score

On-time delivery

All of the above

Question 5: In aerospace supply chains, why is AS9100 certification important for suppliers?

Which action should you take?

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It reduces costs

It simplifies procurement processes

It ensures quality and safety standards are met

It accelerates delivery timelines

Question 6: Which negotiation term is most effective in managing currency fluctuations for international aerospace suppliers?

Which action should you take?

Choose only one option

Cost-plus pricing

Fixed exchange rates

Hedging agreements

Escalation clauses