Supply Chain Management 2/12 - Procurement Side Basics

Supply Chain Management 2/12 - Procurement Side Basics

Supply Chain Management 2/12 - Procurement Side Basics

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Marco Kofel

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Marco Kofel

About these flashcards

This flashcard set covers the basics of procurement management from the supplier side, suitable for university-level students. It explores key concepts like supplier preselection, management, and intensification, as well as data exchange methods such as EDI and webbrowser/e-mail systems. The flashcards delve into the advantages of buy-side and sell-side solutions, procurement portfolios, and the strategic importance of supplier development. This set is particularly useful for those studying supply chain management, helping them understand the intricacies of procurement processes and the role of technology in modern procurement systems.

Flashcards

46

Students

15

Language

English

Category

Macro-Economics

Level

University

Created / Updated

11.10.2021 / 17.06.2025

Which statements regarding Procurement Management are true?

Operational procurement management is primarily long-term oriented.

Operational procurement management aims to increase purchasing efficiency.

Operational procurement management aims to increase purchasing efficiency.

Pprocurement management in companies is also simply called "purchasing".

Operational procurement management is primarily long-term oriented.

Operational procurement management aims to increase purchasing efficiency.

Operational procurement management aims to increase purchasing efficiency.

Pprocurement management in companies is also simply called "purchasing".

Which statements regarding E-Procurement are true?

With "Sell Side Systems" the seller provides its customers with the purchasing software and the purchasing catalog.

With "Sell Side Systems" employees select from a company-internal catalog.

E-Marketplaces take over the function of classic markets by bringing together supply and demand.

Online shops from suppliers are classical "Sell Side Systems".

With "Sell Side Systems" the seller provides its customers with the purchasing software and the purchasing catalog.

With "Sell Side Systems" employees select from a company-internal catalog.

E-Marketplaces take over the function of classic markets by bringing together supply and demand.

Online shops from suppliers are classical "Sell Side Systems".

Which statements regarding ABC and XYZ analyses are true?

For Y goods, the procurement of stocks is a good option.

The Failure of A parts is often associated with high downtime costs.

X Goods are considered to be subject to a good forecast accuracy.

In particular Y goods are very difficult to plan.

For Y goods, the procurement of stocks is a good option.

The Failure of A parts is often associated with high downtime costs.

X Goods are considered to be subject to a good forecast accuracy.

In particular Y goods are very difficult to plan.

Which statements regarding Barcodes and RFID are true?

The European Article Number (EAN) is the worldwide single standard for Barcodes.

RFID is indispensable in procurement management.

RFID is a technology that is primarily used for the contactless, comprehensive identification of objects.

The European Article Number (EAN) is the worldwide single standard for Barcodes.

RFID is indispensable in procurement management.

RFID is a technology that is primarily used for the contactless, comprehensive identification of objects.

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather order processing"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"strongly automated process"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"Computer with Computer"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather order initiation and processing"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"Computer with humans"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"dialogue-oriented process"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather mass transaction"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Assign the following aspect related to data exchange to either "Webbrowser/E-Mail" or "EDI."

"rather single transaction"

Webbrowser/E-Mail

EDI

Webbrowser/E-Mail

EDI

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Own approval procedures and workflows"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Transparency thanks to own data management and reporting"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Only one Login is required in a system"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Configuration of products more possible"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Rights of individual users according to the rules of the purchasing organization"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Conditions are current"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Less initial effort for using the system"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Product-specific display of articles more likely"

Buy-Side

Sell-Side

Buy-Side

Sell-Side

Which statements regarding Procurement Management are true?

Procurement management is divided into a strategic and an operative area.

Strategic procurement management pursues an increase in purchasing efficiency.

Operational procurement management pursues an optimization of purchasing effectiveness.

Strategic procurement management is primarily long-term oriented.

Keyboard commands:

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= for-/backward,

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Procurement management is divided into a strategic and an operative area.

Strategic procurement management pursues an increase in purchasing efficiency.

Operational procurement management pursues an optimization of purchasing effectiveness.

Strategic procurement management is primarily long-term oriented.

Which statements regarding Supplier Management Processes are true?

The Supplier evaluation is often carried out with a utility value analysis.

The supplier management process is divided into three main sections.

The intensification of supplier relationships has the goal, to operate a genuine and long-term supplier relationship management.

Pooling (supplier containment) refers to primary and secondary sources.

Keyboard commands:

= turn,

= for-/backward,

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The Supplier evaluation is often carried out with a utility value analysis.

The supplier management process is divided into three main sections.

The intensification of supplier relationships has the goal, to operate a genuine and long-term supplier relationship management.

Pooling (supplier containment) refers to primary and secondary sources.

Which statements regarding EDI are true?

EDI is a specific standard that describes all standards for the structured exchange of electronic data.

Disadvantages of EDI are high acquisition costs and the time-consuming reconciliation of master data.

Advantages of EDI include the reduction of manual activities, the acceleration of communication processes and the avoidance of multiple data entry.

EDI stands for "Electronic Data Integration".

Keyboard commands:

= turn,

= for-/backward,

= scroll

EDI is a specific standard that describes all standards for the structured exchange of electronic data.

Disadvantages of EDI are high acquisition costs and the time-consuming reconciliation of master data.

Advantages of EDI include the reduction of manual activities, the acceleration of communication processes and the avoidance of multiple data entry.

EDI stands for "Electronic Data Integration".

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Reduction of transaction and process costs"

qualitative

quantitative

Keyboard commands:

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= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Development of new sales markets through supplier contacts"

qualitative

quantitative

Keyboard commands:

= turn,

= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Shortening throughput times through optimized procurement processes"

qualitative

quantitative

Keyboard commands:

= turn,

= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Increase of process and product quality"

qualitative

quantitative

Keyboard commands:

= turn,

= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Improvement of the relationship with the entire supplier base."

qualitative

quantitative

Keyboard commands:

= turn,

= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Promotion of transparency in the procurement processes"

qualitative

quantitative

Keyboard commands:

= turn,

= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Reduction of the material purchase prices"

qualitative

quantitative

Keyboard commands:

= turn,

= for-/backward,

= scroll

qualitative

quantitative

Is the following "Goal of Supplier Development" statement qualitative or quantitative?

"Efficiency increase in the processes by means of adequate IT systems"

qualitative

quantitative

qualitative

quantitative

Which statements regarding Value Creation in Procurement Management are true?

The higher the purchasing volume in percent of a company's turnover, the higher the dependence on suppliers.

The total return of a company can be significantly influenced by decisions in procurement management.

The Total return of a company can be influenced by decisions in procurement management.

The higher the purchasing volume in percent of sales of a company, the lower the dependency upon suppliers.

The higher the purchasing volume in percent of a company's turnover, the higher the dependence on suppliers.

The total return of a company can be significantly influenced by decisions in procurement management.

The Total return of a company can be influenced by decisions in procurement management.

The higher the purchasing volume in percent of sales of a company, the lower the dependency upon suppliers.

Which statements regarding the SCOR Model are true?

The SCOR model describes four levels: "Top-level," "Organization-level," "Process-Element-level" and "technology level."

At its core, the SCOR model is an ideal and industry-specific approach, in which the processes within a supply chain are described in a uniform manner by the partners.

The SCOR Model was created with the aim to standardize the processes within a supply chain.

The SCOR model describes four levels: "Top-level," "Configuration-level," "Process-Element-level" and "Implementation level."

The SCOR model describes four levels: "Top-level," "Organization-level," "Process-Element-level" and "technology level."

At its core, the SCOR model is an ideal and industry-specific approach, in which the processes within a supply chain are described in a uniform manner by the partners.

The SCOR Model was created with the aim to standardize the processes within a supply chain.

The SCOR model describes four levels: "Top-level," "Configuration-level," "Process-Element-level" and "Implementation level."

Which statements regarding Cooperation Strategies are true?

"First Tier Suppliers" are are direct suppliers with a high level of binding intensity

Suppliers can be categorized, according to their performance potential, into "Black-Box Suppliers", "Detailed-Specification Suppliers" and "Catalog Suppliers".

"Tier 2 Suppliers" have a low binding intensity and are usually directly supply system suppliers.

"Black-Box Suppliers" have a low performance potential; they orient themselves to customer's conditions.

"First Tier Suppliers" are are direct suppliers with a high level of binding intensity

Suppliers can be categorized, according to their performance potential, into "Black-Box Suppliers", "Detailed-Specification Suppliers" and "Catalog Suppliers".

"Tier 2 Suppliers" have a low binding intensity and are usually directly supply system suppliers.

"Black-Box Suppliers" have a low performance potential; they orient themselves to customer's conditions.

Which statements regarding the Procurement of Direct Goods are true?

Procurement is often controlled by a merchandise management or ERP system and can thus achieve high efficiency, a subject of Supply Chain Management

Supplier selection can be carried out via tenders and auctions (e-sourcing and e-auction systems).

Direct Goods are procured as required via manual and expensive procurement processes (product selection, approval, invoice control).

Order processing can be supported by automated electronic data interchange (EDI).

Procurement is often controlled by a merchandise management or ERP system and can thus achieve high efficiency, a subject of Supply Chain Management

Supplier selection can be carried out via tenders and auctions (e-sourcing and e-auction systems).

Direct Goods are procured as required via manual and expensive procurement processes (product selection, approval, invoice control).

Order processing can be supported by automated electronic data interchange (EDI).

Which statements regarding Supplier Management Processes are true?

Supplier control is generally achieved through supplier evaluation and supplier selection.

Procurement integration corresponds to the "Factory-in-Factory" concept.

Primary sources for supplier identification are typically trade publications, statistics and market reports.

Supplier identification and supplier limitation (deliniation) belong to supplier preselection.

Supplier control is generally achieved through supplier evaluation and supplier selection.

Procurement integration corresponds to the "Factory-in-Factory" concept.

Primary sources for supplier identification are typically trade publications, statistics and market reports.

Supplier identification and supplier limitation (deliniation) belong to supplier preselection.

Which statements regarding the Procurement Portfolio are true?

Strategic products: These products include technically complex products with significant volume, and which often must be provied according to customer specifications.

The higher the volume or monetary value, the greater the impact of the corresponding input on the financial result.

Cleaning agents, office supplies and screws are leverage products.

Bottleneck products: These include products that the company sources from various suppliers and can be obtained in standardized quality.

Strategic products: These products include technically complex products with significant volume, and which often must be provied according to customer specifications.

The higher the volume or monetary value, the greater the impact of the corresponding input on the financial result.

Cleaning agents, office supplies and screws are leverage products.

Bottleneck products: These include products that the company sources from various suppliers and can be obtained in standardized quality.

Order the following statement to the corresponding terms "Preselection," "Management" or "Intensification."

"Supplier Delimitation"

Preselection

Management

Intensification

Preselection

Management

Intensification

Order the following statement to the corresponding terms "Preselection," "Management" or "Intensification."

"Supplier Rating"

Preselection

Management

Intensification

Preselection

Management

Intensification

Order the following statement to the corresponding terms "Preselection," "Management" or "Intensification."

"Supplier Development"

Preselection

Management

Intensification

Preselection

Management

Intensification

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Flashcards

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Only one Login is required in a system"

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Configuration of products more possible"

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Rights of individual users according to the rules of the purchasing organization"

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Conditions are current"

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Less initial effort for using the system"

Buy-Side

Sell-Side

Does the following statement describes an advantage of "Buy-Side" or from "Sell-Side" solutions?

"Product-specific display of articles more likely"

Buy-Side

Sell-Side

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