Supplier Evaluation & Selection Flashcards
7 cards from real CPP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Supplier Evaluation & Selection flashcards as text
Which evaluation criterion is MOST relevant when sourcing critical components with long lead times?
Answer: Supply chain resilience and inventory buffers
For long-lead-time critical components, supply chain resilience—including buffer stocks and alternate sourcing—directly protects production continuity.
What is the main risk of relying solely on a supplier's self-assessment questionnaire during evaluation?
Answer: Responses may be inaccurate or exaggerated without independent verification
Self-assessments depend on supplier honesty; without on-site audits or third-party verification, inflated or misleading responses may go undetected.
A company segments its supply base using the Kraljic matrix. A supplier classified as 'strategic' should PRIMARILY receive:
Answer: Collaborative partnership with joint planning and risk sharing
Strategic suppliers (high profit impact, high supply risk) require collaborative relationships with shared forecasts, joint risk management, and long-term agreements.
Which practice BEST ensures consistency when multiple evaluators rate the same supplier?
Answer: Using standardized evaluation rubrics with defined scoring anchors
Standardized rubrics with explicit descriptions for each score level reduce inter-rater variability and ensure evaluations are comparable across assessors.
Environmental sustainability in supplier evaluation is MOST commonly assessed through:
Answer: Verification of ISO 14001 certification or environmental performance data
ISO 14001 certification and environmental KPIs (emissions, waste, energy consumption) provide objective evidence of a supplier's environmental management maturity.
A buyer conducts a spend analysis before starting a supplier consolidation project. The PRIMARY reason is to:
Answer: Identify the number, diversity, and spend concentration across the current supply base
Spend analysis maps where money is flowing across suppliers and categories, revealing consolidation opportunities and enabling data-driven sourcing decisions.
Which contract clause SPECIFICALLY protects the buyer if a supplier is acquired by a competitor?
Answer: Change-of-control clause
A change-of-control clause gives the buyer the right to renegotiate or terminate the contract if the supplier undergoes ownership changes that could create a conflict of interest.