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Which ISO standard describes quality as ‘the degree to which a set of inherent characteristics fulfils requirements’?

A.

ISO 9000

B.

ISO 19000

C.

ISO 14001

D.

ISO 5750

The formal appraisal of a current supplier, measured in terms of factors such as quality, timeliness of delivery, etc is known as:

A.

Vendor rating

B.

Overall rating

C.

Quality rating

D.

Ship's rating

The purpose of a specification is (select all that apply):

A.

Provide a means of evaluation of a product or service

B.

Act as a means of exchange

C.

Define the requirement

D.

Communicate the requirement clearly

Finding new potential suppliers using the internet might be known as:

A.

e-sourcing

B.

e-scouring

C.

e-souring

D.

e-auction

The time between recognition / origin of the need; through to usage or consumption is described as:

A.

User’s view of lead time

B.

Seller’s lead time

C.

Maker’s lead time

D.

True lead time

E.

Procurement lead time

OTIF stands for:

A.

Order transmitted and in the supplier's factory

B.

Order transmitted in full

C.

On time and in our facility

D.

On time and in full

We can talk about the ‘make, do or XXXX decision’. XXXX represents:

A.

Buy

B.

Procure

C.

Lease

D.

Build