L4M2 Exam Question 11
Which of the following would a buyer include when issuing an output specification to suppliers?
L4M2 Exam Question 12
Product development consists of various stages, including planning and analysis, design develop-ment, pre-production, production and maintenance. At which stages the opportunities for cost re-duction will be the greatest?
1. Planning stage
2. Pre-design stage
3. Detail design stage
4. Production stage
5. Logistics support stage
1. Planning stage
2. Pre-design stage
3. Detail design stage
4. Production stage
5. Logistics support stage
L4M2 Exam Question 13
Which of the following content should a performance specification feature? Select TWO that apply.
L4M2 Exam Question 14
What is the contribution of marketing function to the development of specification?
L4M2 Exam Question 15
A procurement team is categorising their purchased items into four quadrants of Kraljic's supply chain portfolio matrix. They realise that there are some low-value items which come from very few suppliers in the market. The organisation is critically dependent on these suppliers. The team plans to reduce the dependence by finding alternative sources. Is this a right course of action?

