NCMA Exam CPCM Topic 6 Question 84 Discussion

Actual exam question for NCMA's Certified Professional Contract Manager exam

Question #: 84
Topic #: 6

[All Certified Professional Contract Manager Questions]

To achieve high performance results year after year, companies must take what action to form successful long-term partnerships?

Aunleashing corporate buying and selling power

Bchanging buying and selling processes and tools

Cdeveloping and integrated supply chain

DAll of the above

Show Suggested Answer

Suggested Answer: D

by Justine at Apr 12, 2024, 11:39 AM

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Erinn

12 days ago

Well said. And let's not underestimate the power of good old-fashioned communication and negotiation skills. Even with all the fancy tools, you still need to be able to sit down and hash things out with your partners.

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Hyun

14 days ago

I'm with you all on this. But let's not forget the importance of maintaining strong relationships with our partners. Even with all the right processes and technology, if we don't have trust and collaboration, it's all for naught.

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Launa

15 days ago

Exactly! All of the above is the right answer. You need to do everything - leverage your power, optimize your processes, and build a truly integrated supply chain. It's the only way to achieve sustainable high performance.

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Adolph

16 days ago

You know, I was thinking the same thing. Changing the processes and tools can help, but if you don't have the underlying supply chain integration, it's just rearranging the deck chairs on the Titanic.

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Kenneth

18 days ago

I agree, an integrated supply chain is crucial. But I also think companies need to be willing to leverage their buying and selling power to get the best deals and terms with their partners. It's a delicate balance, but it's necessary to stay competitive.

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Eladia

19 days ago

This is a tricky question. I think the key is to develop an integrated supply chain, which would allow for better coordination and optimization of the buying and selling processes. That seems like the most comprehensive approach to achieving high performance results in the long run.

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