What are the different types of alternative responses available? Note: there are 3 correct answers to this question.

What are the different types of alternative responses available? Note: there are 3 correct answers to this question.A . Lots/line itemsB . TierC . PricingD . BundlesE . TermsView AnswerAnswer: B, C, D

February 11, 2025 No Comments READ MORE +

baseline?

Which of the following event templates should be used when sourcing a commodity product that is a subject to frequent price fluctuations, and where participants bid in discounts relative to a baseline?A . Index-based auctionB . Traffic light auctionC . Total cost auctionD . Reverse auction with a bid transformationView...

February 9, 2025 No Comments READ MORE +

Which of the following can be used to ensure that a supplier's new bids meet a minimum percentage difference from their previous bid.

Which of the following can be used to ensure that a supplier's new bids meet a minimum percentage difference from their previous bid.A . Bid transformationB . Alternative responsesC . Bid decrementD . Bid bufferView AnswerAnswer: C

February 9, 2025 No Comments READ MORE +

Which of the following is recommended when exchange rates will change before an event ends, and you need to capture the price changes in the event?

Which of the following is recommended when exchange rates will change before an event ends, and you need to capture the price changes in the event?A . Allow pricing conditions to have duration periods for pricesB . Mandate suppliers to adjust bids upon submission through alternative responsesC . Customer administrators...

February 5, 2025 No Comments READ MORE +

Which tiles on the product sourcing dashboard can the Materials Viewer group see? Note: there are 2 correct answers to this question.

Which tiles on the product sourcing dashboard can the Materials Viewer group see? Note: there are 2 correct answers to this question.A . Materials with ownersB . BOMs missing programsC . BOMs missing contract MFRsD . Materials with missing priceView AnswerAnswer: A, D

February 5, 2025 No Comments READ MORE +

Which details are displayed in the Activities section of the Item 360 view? Note: there are 3 correct answers to this question.

Which details are displayed in the Activities section of the Item 360 view? Note: there are 3 correct answers to this question.A . Contract InformationB . PIR activityC . BOM Roll-UpD . Supplier ActivityE . Sourcing ActivityView AnswerAnswer: B, D, E

January 30, 2025 No Comments READ MORE +

Which advantages apply to a Simple RFX? Note: there are 3 correct answers to this question.

Which advantages apply to a Simple RFX? Note: there are 3 correct answers to this question.A . Customers can specify time periods for which they need a quoteB . Customers can schedule Simple RFx events for materialsC . Customers can capture pricing information on an ongoing basisD . Customers can...

January 25, 2025 No Comments READ MORE +

When drafting an event, what rule will allow you to reopen the lot if the supplier have technical issues?

When drafting an event, what rule will allow you to reopen the lot if the supplier have technical issues?A . Custom offline responsesB . Overtime ruleC . Review periodD . Starting gateView AnswerAnswer: B

January 23, 2025 No Comments READ MORE +

Where can a project owner see which user or group is pending action on a submitted document?

Where can a project owner see which user or group is pending action on a submitted document?A . View task details > PropertiesB . View task details > Task historyC . Overview tabD . Approval Flow tabView AnswerAnswer: D

January 22, 2025 No Comments READ MORE +

Which of the following factors would influences the success of an auction?

Which of the following factors would influences the success of an auction?A . There are wide variations in product standardsB . Participants are bidding in multiple currenciesC . The supply base is competitiveD . Raw material prices for the suppliers are risingView AnswerAnswer: C

January 22, 2025 No Comments READ MORE +