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| Section | Weight | Objectives |
|---|---|---|
| Product Sourcing | 8% - 12% | - Direct material sourcing
|
| Event and Auction Creation | 12% - 18% | - Sourcing events
|
| Event Management Advanced Features | 12% - 18% | - Advanced event configuration
|
| Reporting and Analytics | < 8% | - Reporting
|
| Integration | < 8% | - SAP Ariba integration
|
| Auctions | 8% - 12% | - Auction management
|
| Project Creation and Management | 12% - 18% | - Project templates
|
| Administration | 8% - 12% | - System administration
|
1. What are some of the benefits of requiring pre-bids during the preview period of an auction?
Note: There are 3 correct answers to this question.
Response:
A) Suppliers can review the number of suppliers participating in the auction.
B) Suppliers can verify if they can supply the items as designed.
C) Suppliers can see their rank before the auction opens.
D) Suppliers can be restricted from participating in an auction until they submit a starting price.
E) Suppliers can verify if they can supply the items at or below the starting price.
2. What is a sourcing request?
Please choose the correct answer.
Response:
A) A document sent to a supplier to obtain information prior to a sourcing event
B) A copy of an existing sourcing project used as a starting point for a new sourcing project
C) A project that automatically becomes a full sourcing project upon approval
D) A document that is used to ask the company's authorized sourcing teams to bid a product or service
3. Which auction setting prevents a tied or near-tied lead bid?
Please choose the correct answer.
Response:
A) Bid decrement
B) Market feedback rules
C) Improve bid by nominal amount
D) Front buffer and back buffer
4. What are the responsibilities of the customer project sponsor?
There are 3 correct answers to this question.
Response:
A) Manage the project timeline.
B) Drive the change management effort.
C) Serve as the escalation point for project issues.
D) Provide the overall project vision.
E) Serve as the primary point of contact for the project.
5. What event rule will allow you to reopen the lot if any of the suppliers have technical issues?
Please choose the correct answer.
Response:
A) Custom offline responses
B) Review period
C) Starting gate
D) Overtime rule
Solutions:
| Question # 1 Answer: B,D,E | Question # 2 Answer: D | Question # 3 Answer: C | Question # 4 Answer: B,C,D | Question # 5 Answer: B |
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