IBM Emptoris Strategic Supply Management Sales Mastery Test v1 v6.0 (M8060-653)

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Total 45 questions

Which of the following is NOT a way to gain contract efficiency via Contract Management?

  • A. Automated routing of approvals
  • B. Streamline authoring with wizards and templates
  • C. Increase productivity via mass operations and bulk loading capabilities
  • D. Hire more staff


Answer : D

What is an invalid buying scenario?

  • A. Qualify & Administer Suppliers?
  • B. Monitor and Improve Supplier Performance?
  • C. Automate purchase to pay process?
  • D. Proactively Manage Supplier Risk?


Answer : B

Which of the following is a benefit of having Sell Side Contract Management through
Emptoris?

  • A. Ensure compliance and accelerate time to closure
  • B. Automate the supplier qualification process
  • C. Streamline the buyer survey process
  • D. Gain ability to analyze 100% of spend in one solution


Answer : A

The value of an integrated SLM solution includes the following, except?

  • A. Visibility
  • B. Invoice Automation
  • C. Efficiency and Savings
  • D. Compliance


Answer : C

Which of the following does not contribute to Emptoris' win rate?

  • A. Prospect has identified a transformation goal
  • B. Scalability
  • C. CPO is disengaged
  • D. Prospect has experience with our competition


Answer : C

Leading questions to identify pain points includes the following, except?

  • A. Do you have any suppliers break your corporate responsibility standards?
  • B. Do you know your strongest/weakest performing suppliers?
  • C. Do you know if your suppliers are compliant to your regulatory requirements?
  • D. What is your spend volume with your suppliers?


Answer : B

Which of the following is not an example of an objective a customer may have for a procurement transformation?

  • A. Visibility into opportunities
  • B. Build a robust and scalable Sourcing organization
  • C. Associate corporate families
  • D. Measure business impact


Answer : C

From a point-of-entry perspective, Spend Analysis can be positioned to the prospect as:

  • A. A document management approach
  • B. Ability to manage all of the rate variability and work completion tracking
  • C. A way to give them some spend visibility and provide the basis for proving the value of procurement
  • D. Capture savings fast


Answer : D

Which of the following is NOT one of the Contract Management value props?

  • A. Enterprise scalability, organization templates, fallback clauses, and approvals
  • B. Gain visibility of global disparate spend data
  • C. Manage contractual obligations, get timely alerts and auto-generated renewals
  • D. Single view of searchable contract language with enterprise security control


Answer : B

Of the following reasons a customer would choose Emptoris, which one does not apply:

  • A. Drive compliance to corporate & regulatory standards
  • B. Procure-to-pay functionality
  • C. Save lots of cash
  • D. Manage business risk


Answer : B

Which of the following is not one of the Sourcing value props?

  • A. Increased productivity run more events, faster time to benefit
  • B. Accelerate the Sourcing decision process
  • C. Generate more savings
  • D. 360 degree supplier visibility


Answer : C

Which would not be an example of an "early win" category?

  • A. Travel
  • B. PC's/computer hardware
  • C. Office supplies
  • D. Packaging


Answer : A

Where does Spend Analysis fit into the Category Compliance Solutions chevron in the Buy segment of Smarter Commerce's Plan to Settle Process?

  • A. Step 3
  • B. Step 2
  • C. Step 1
  • D. Step 8


Answer : A

The Emptoris Sourcing solution is best suited for which types of categories?

  • A. Indirect
  • B. Direct
  • C. Categories that are sourced most frequently
  • D. Sourcing works with both indirect and direct categories


Answer : D

From the selection list below, which option best describes why a customer would purchase the Spend Analysis solution?

  • A. Manage "at risk" suppliers
  • B. Move contracts through faster to win more deals
  • C. To bring more spend under management
  • D. Guarantee more "on-time" delivery from suppliers


Answer : C

Reference:
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Total 45 questions