CLA Procurement & Strategic Sourcing 2

Question 1

Which type of sourcing strategy spreads purchases across multiple suppliers to reduce risk?

Accepted Answer

Multiple sourcing

Answer

Multiple sourcing distributes purchases among several suppliers, reducing dependence on any one source and mitigating supply disruption risk.

Question 2

A supply base rationalization initiative typically aims to:

Accepted Answer

Reduce the number of active suppliers to improve management efficiency and leverage

Answer

Supplier rationalization consolidates the supply base to fewer, higher-performing vendors, improving relationships and negotiating power.

Question 3

Which procurement document legally commits a buyer to purchase goods or services from a supplier?

Accepted Answer

Purchase order

Answer

A purchase order is a legally binding commercial document issued by a buyer that authorizes a supplier to deliver specified goods or services at agreed terms.

Question 4

Early supplier involvement (ESI) in new product development primarily benefits a company by:

Accepted Answer

Leveraging supplier expertise to improve design and reduce costs before production begins

Answer

ESI integrates supplier knowledge during design, enabling cost-effective materials selection, improved manufacturability, and faster time to market.

Question 5

Maverick spending in procurement refers to:

Accepted Answer

Purchasing outside of approved contracts and processes without authorization

Answer

Maverick spending occurs when employees bypass established procurement channels, reducing leverage, compliance, and cost savings.

CLA - Certified Logistics Analyst Practice Test

CLA - Certified Logistics Analyst Practice Test

CLA Procurement & Strategic Sourcing 2