Exam 17: Purchasing Services

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By limiting internal requisitioners to previously approved catalogs of already contracted goods and services from preselected and approved suppliers, volume commitments to approved suppliers can be achieved and maverick spending reduced.

(True/False)
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Although it is important to develop a rationalized supply base such that buying power can be appropriately leveraged, a single-source strategy frequently maximizes the value of professional services.

(True/False)
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Which of the following is not a key part of a project's scope?

(Multiple Choice)
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The importance of effectively managing an organization's indirect spend is decreasing.

(True/False)
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The U.S. Bureau of Customs and Border Protection established the so-called "10+2" rule that affects all modes of transportation except ocean container freight.

(True/False)
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Growth in international trade has increased the amount of freight moving on oceangoing vessels.

(True/False)
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In order for _____ to work, both the buyer and the logistics service provider must explicitly agree as to what the buyer's desired outcomes, goals, and objectives are and how the logistics service provider can help meet them.

(Multiple Choice)
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_____ can be defined as that amount of an organization's total procurement budget that is purchased from unauthorized sources.

(Multiple Choice)
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The presence of _____ ensures a supply of available transportation in markets where only one-way traffic exists.

(Multiple Choice)
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Carriers will generally not consider the availability of backhauls when quoting one-way freight rates on a particular traffic lane.

(True/False)
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A major outcome from transportation economic deregulation has been the shift of pricing information garnered from public tariffs and rate bureaus to the negotiating table.

(True/False)
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When freight is shipped _____, the buyer, or consignee, is responsible for choosing the carrier, arranging for the physical movement of the goods, paying the freight bill, and filing loss and damage claims.

(Multiple Choice)
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Air carriers haul the most amount of commercial freight because of their inherent speed advantages.

(True/False)
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All of the following are types of information a 3PL should provide to the buyer except _____.

(Multiple Choice)
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_____ refers to a mode's or carrier's ability to provide the proper equipment and provide the appropriate services for a given product movement.

(Multiple Choice)
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Which of the following is not an advantage of using a 3PL?​

(Multiple Choice)
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Although mode selection is usually not an issue for international ocean shipments, as in all strategic supplier selection decisions, carrier selection is still paramount.

(True/False)
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By law, a/an _____ must serve the general public without discrimination based on published rates for specific goods.

(Multiple Choice)
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