1. The purchasing manager of a company wants to minimize stock-outs as well as obsolete inventory. Which of the following tools needs to be implemented?

A) Blanket purchase order
B) Advanced planning and scheduling (APS)
C) Buy-back contracts
D) Business-to-business integration software



2. A large retailer has negotiated buyback contracts with several suppliers. The suppliers typically will need which of the following systems to effectively implement the contracts?

A) Point-of-sale tracking
B) Well-developed reverse logistics
C) Monitoring the retailer's revenue
D) Sales incentives to reward the retailer



3. A company exports products to emerging markets. Which of the following approaches would be used to enhance compliance, minimize risks, and connect supply chain activities?

A) Logistics network planning
B) Distribution requirements planning
C) Supply chain event management
D) Global trade management



4. A company has adequate average available capacity but does not maintain surge capacity. With a distribution route to manage, which of the following actions will provide the most capacity relief?

A) Increasing order-fulfillment lead times
B) Implementing allocation
C) Increasing prices with a 30-day effective date
D) Increasing product queue times



5. Which of the following metrics is the most appropriate measure of supply chain responsiveness?

A) Order fulfillment lead times
B) Percentage of orders delivered on time
C) Retail inventory days of supply
D) Upside production flexibility