Preview Questions Supply Chain Manager | Role Specific Skill

Question 1: Which contractual clause is most critical when negotiating with suppliers for critical aerospace components?

Which action should you take?

Choose only one option

Price escalation clause

Exclusivity agreements

Penalty clauses

Performance guarantees

Question 2: What is the main challenge of managing rotables in aerospace inventory?

Which action should you take?

Choose only one option

Tracking repair cycles

Managing lead times

Allocating storage space

Determining depreciation rates

Question 3: In aerospace inventory management, what is the most effective way to handle excess inventory?

Which action should you take?

Choose only one option

Reducing safety stock

Optimizing reorder points

Selling to secondary markets

Increasing usage

Question 4: What is the primary benefit of using e-auctions in aerospace supplier negotiations?

Which action should you take?

Choose only one option

Improved quality

Better supplier relationships

Reduced contract terms

Increased competition among suppliers

Question 5: How can Total Cost of Ownership (TCO) analysis support procurement decision-making in aerospace?

Which action should you take?

Choose only one option

By negotiating better payment terms

By identifying hidden costs

By standardizing supplier bids

By streamlining order quantities

Question 6: What is the key advantage of using an MRP (Material Requirements Planning) system in inventory management?

Which action should you take?

Choose only one option

Reduces stock obsolescence

Increases cycle count accuracy

Improves supplier relationships

Automates order generation