Certified Supply Chain Professional (CSCP) Practice Exam

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Study for the Certified Supply Chain Professional (CSCP) Practice Exam. Prepare with multiple choice questions, each accompanied by hints and explanations. Get ready to ace your exam!

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What is an intended outcome of implementing web-enabled SRM?

Decreased transparency in supplier relationships
Improved data-sharing with suppliers
Increased manual processing of orders
Reduction in supplier contracts

The correct answer is: Improved data-sharing with suppliers

Implementing web-enabled Supplier Relationship Management (SRM) system aims to streamline and enhance the interaction between organizations and their suppliers. One of the primary intended outcomes is improved data-sharing with suppliers. This enhanced data-sharing capability allows for real-time access to vital information, such as product availability, order status, and inventory levels. Consequently, both parties can collaborate more effectively, leading to better decision-making and more efficient processes. Improved data-sharing helps in building trust and transparency, which fosters stronger relationships between organizations and their suppliers. It facilitates quicker responses to changes in demand or issues that may arise, significantly enhancing overall supply chain agility and resilience. By achieving enhanced communication through these systems, companies can optimize their procurement processes and make more informed choices, ultimately driving value and reducing costs.