INTE Exam Dumps - Supply Management Integration
XYZ, Inc. is a company based in the United States. XYZ purchases a large quantity of raw materials from a supplier in the Dominican Republic. The supplier packages the materials and delivers them to the shipping company designated by XYZ and loads them onto the ship. The contract specifies Free Carrier At (FCA) Caucedo, Dominican Republic. While the ship is still in port, a hurricane damages the ship and ruins its cargo. Under Incoterms® 2020 rules, who owns the shipment at this point?
How long after the delivery date must a freight claim on a motor carriage shipment be presented and filed with the carrier in the United States’
A well-established retailer of consumer goods has earned a reputation for providing high quality merchandise at competitive prices. In recent years, however, the retailer has experienced a steady decline in sales within its stores. Which of the following is the BEST course of action for the retailer to take?
A manufacturing firm redesigns its premier product to benefit from material standardization. The change will entail re-tooling costs. The firm conducts a cost benefit analysis on four possible options. Option 1 is to make no change at all. Options 2, 3, and 4 represent different re-tooling configurations involving different materials:
Option 1Option 2Option 3Option 4
Re-tooling Costs (Year 1)$0$800,000$1,000,000$1,200,000
Material Costs
Year 151,000,000$700,000$650,000$600,000
Year 2$1,100,000$750,000$700,000$650,000
Year 3SI,200,000$800,000$750,000$700,000
Year 451,300,000$850,000$800,000$750,000
Year 551,400,000$900,000$850,000$800,000
Total$6,000,000$4,000,000$3,750,000$3,500,000
Labor Costs
Year 1$1,000,000$700,000$650,000$600,000
Year 2$1,100,000$770,000$715,000S660,000
Year 3$1,210,000$847,000$786,500$726,000
Year 4$1,331,000$931,700$865,150$798,600
Year 5$1,464,100$1,024,870$951,665$878,460
Total$6,105,100$4,273,570$3,968,315$3,663,060
In addition to this, there will be a cost of $3.5 million in lost production during Year 1, should any of the re-tooling options (2, 3, or 4) be selected.
The firm wants to rank the options in order of financial preference, from the best option to the worst. Based on this information, how should the four options be ranked?
XYZ, Inc. is implementing a new automated system in its distribution center. The supply manager is developing measures to evaluate the success of the automated system pilot. Which of the following is the BEST metric to measure overall success of the pilot7
A company that has never focused on supply management in the past is now faced with increasing competition from new, innovative products entering its market. As a result, the firm's business strategy includes an increased focus on cost containment. Given this situation, which of the following should the company do FIRST?
When identifying complex market conditions affecting product or service demand factors, which of the following methods is typically MOST useful?
A company's average inventory value has remained relatively constant, while its cost of goods sold has increased. Which of the following will also likely show an increase for this firm?