CPPB Supplier Relationship Management 2

Question 1

Which of the following is a key benefit of maintaining a preferred supplier list in public procurement?

Accepted Answer

It streamlines ordering by pre-qualifying vendors who meet quality and compliance standards

Answer

It eliminates the need for competitive bidding on all purchases

Answer

It allows buyers to bypass ethics requirements for small purchases

Answer

It automatically renews contracts without additional authorization

Question 2

A public agency wants to reduce supply chain risk for a critical commodity. Which SRM strategy is most appropriate?

Accepted Answer

Dual-source or multi-source the commodity across two or more qualified suppliers

Answer

Single-source the commodity to the lowest bidder

Answer

Eliminate the commodity from the procurement plan

Answer

Move procurement responsibility to the end-user department

Question 3

What is a vendor scorecard primarily used for in public procurement?

Accepted Answer

Objectively tracking and communicating supplier performance over time

Answer

Determining the winning bidder in a competitive solicitation

Answer

Setting internal budget targets for procurement staff

Answer

Documenting supplier diversity certifications

Question 4

Under U.S. public procurement best practices, how should a buyer handle a conflict of interest discovered after a contract award?

Accepted Answer

Document and disclose it to the appropriate authority immediately, and follow agency conflict-of-interest procedures

Answer

Ignore it if the contract is already executed

Answer

Ask the supplier to keep the matter confidential

Answer

Terminate the contract without notice

Question 5

Which type of supplier relationship generally requires the MOST senior-level engagement from the public agency?

Accepted Answer

Strategic partners providing mission-critical goods or services

Answer

Transactional/commodity suppliers

Answer

Spot-purchase suppliers used once per year

Answer

Small-dollar purchase card vendors

Question 6

What is the purpose of an escalation path in a supplier relationship management plan?

Accepted Answer

To define a clear hierarchy for resolving issues when routine channels fail

Answer

To increase contract value without re-solicitation

Answer

To transfer supplier onboarding responsibilities to legal counsel

Answer

To extend contract terms automatically upon reaching performance thresholds