A supply manager is evaluation proposals for a critical commodity. Although there is nothing substantively wrong with the lowest bidder proposal, and it is likely to result in significant cost savings, the supply manager is concerned about the low bidders financial stability. Which of the following is the BEST course of action in this situation?

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A. award the contract to the next lowest bidder to assure supply

B. split the award between the low bidder and next lowest bidder

C. award the contract to the low bidder and ensure that the contract has appropriate protection from default

D. award the contract to the low bidder and develop a reasonable contract termination plan

Company X is transitioning a Single-sourced commodity from supplier A to supplier B. These are the only items that supplier A sells to the company, so the relationship with supplier A is ending. Internal considerations that must be managed as part of the exit strategy for supplier A include all of the following EXCEPT:​

A. impact to stakeholders

B. timing of the chang-over

C. protection of intellectual property

D. supplier certification status

Which of the following supplier chaaracteristics should be reviewed on a regular basis?

1, Fininacial strength

2, Price methods

3, Inventory methods

4, Delivery performance

5, Quality history

A. 1&2

B. 3&4

C. 1&2&4&5

D. all 

Which of the following is the PRIMARY supplier performance measurement?

A. Delivery

B. Forecasting

C. Stability

D. Support

Which of the following members of a manufacturing organization is LEAST likely to be a member of a supplier analysis team?

A. The finance controller

B. The design engineer

C. The quality assurance manager

D. The production engineer