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1. You want to allow suppliers to see the lowest bid in a reverse auction. What event rule do you set?
Please choose the correct answer.
Response:
A) Bid rank that triggers overtime: 1
B) No tie bids for rank: 1
C) Show lead bid to all participants: Yes
D) Must participants beat lead bid: Yes
2. Why do you use a price breakdown in a sourcing event?
There are 2 correct answers to this question.
Response:
A) To obtain pricing for every item within a lot
B) To gain insight into how suppliers arrive at their prices
C) To account for non-price factors using a formula
D) To require suppliers to bid on the cost components of an item
3. 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
4. Which of the following tasks must have an associated document?
There are 2 correct answers to this question.
Response:
A) Review
B) Notification
C) To Do
D) Approval
5. What are some of the benefits of upgrading to Direct Materials sourcing for an SAP Ariba Strategic Sourcing Suite customer?
There are 3 correct answers to this question.
Response:
A) Increase fill rates.
B) Improve supplier qualification.
C) Source directly from a bill of materials.
D) Eliminate home grown portals.
E) Integrate your Product Lifecycle Management and ERP systems.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: A,D | Question # 3 Answer: D | Question # 4 Answer: A,D | Question # 5 Answer: B,C,E |
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