IBM P2050-028

IBM Emptoris Strategic Supply Management Technical

Mastery Test v1
Version: 4.0
 IBM P2050-028 Exam
QUESTION NO: 1

The field label description can be changed by pointing at the field and pressing?

A. Ctrl Alt and left mouse button

B. Ctrl Alt and right mouse button
C. Alt
D. Ctrl & F1

Answer: A
Explanation:

QUESTION NO: 2

What is a "measure"?

A. Data that can be aggregated across the client's dimensions; i.e. currencies, can be formula-
based.
B. Data elements that can be Searched or made available through the transaction view.
C. The total spend reflected in the spend cube.
D. Data the client intends to filter or further breakdown; used to run crosstabs and submit
feedback.

Answer: A
Explanation:

QUESTION NO: 3

Identifying poor performing suppliers for mission critical categories is enabled by?

A. Supplier Qualification
B. Supplier Evaluation
C. Supplier Development
D. Supplier Risk

Answer: B
Explanation:

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 IBM P2050-028 Exam
QUESTION NO: 4

Which of the following is an example of Sourcing allowing an organization to streamline the Award
process?

A. RFP award passed directly to contract.

B. RFP bids exported to Excel for offline negotiation.
C. Suppliers proposing specific items they should be awarded with based on capability.
D. Team members linked to an RFx being able to communicate with one another via instant
messaging within an RFx.

Answer: A
Explanation:

QUESTION NO: 5

What is a bookmark?

A. Saves the state of a page in the Dimensions view. The filters, dimension window positions and
settings, graphs, cross-tab charts, menus and
reports for the Spend Analyzer are all preserved for later reference.
B. Helps the user analyze data minutely. He/she can apply multiple filters to the data and also
apply parallel filters, where he/she can filter data
using multiple rows in the same dimension.
C. Contains multiple panels. Each panel in turn contains select data that the user wants to view in
a tabular or graphical format. Dashboards are
customizable and users can apply filters to a panel. Applying filters on one panel correspondingly
applies filters to the other panels on the
dashboard.
D. Saves the last view the user was on when he/she logs out of the system.

Answer: A
Explanation:

QUESTION NO: 6

Category managers often lack visibility into sourcing event savings across business units. As a
result, they often have difficulty in reporting savings achievements and failure to meet savings
targets. Which type of report, available in Sourcing, would help a category manager successfully
obtain this information?

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 IBM P2050-028 Exam
A. Analysis of Sourcing savings by region.
B. Analysis of Sourcing savings by business unit.
C. Analysis of savings by RFx-type.
D. Analysis of savings by auction.

Answer: B
Explanation:

QUESTION NO: 7

User security is managed via:

A. Virus Scans
B. Role based access
C. Third party security software
D. Excel spreadsheets

Answer: B
Explanation:

QUESTION NO: 8

The Classification system allows supplier to be classified by categories and?

A. Contracts
B. Projects
C. Scorecards
D. Organizations

Answer: D
Explanation:

QUESTION NO: 9

What is not an example of a function within Sourcing Desktop Intelligence (SDI)?

A. Analyze supplier rankings.

B. Look at supplier bids with statistics.

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 IBM P2050-028 Exam
C. Carry an RFP directly into a Reverse Auction.
D. Compare supplier responses side by side.

Answer: C
Explanation:

QUESTION NO: 10

Supplier Assessment is used to?

A. Maintain a supplier classification

B. Assess a suppliers performance
C. Understand the spend volume of a supplier
D. Carry out a more detailed qualification process

Answer: D
Explanation:

QUESTION NO: 11

Emptoris SLM has sophisticated evaluation criteria including by category and by region. Who do
we compete with most with this capability?

A. SAP
B. Oracle
C. Ariba
D. Aravo

Answer: D
Explanation:

QUESTION NO: 12

In the terms of the "auction checklist" which is considered HIGHLY important prior to running a
reverse auction?

A. Suppliers have verbally agreed to the auction terms and conditions.

B. Pricing has already been collected.

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 IBM P2050-028 Exam
C. Suppliers have agreed to continue negotiations after the auction.
D. Stakeholders have agreed to meet after the auction to analyze the bids and decide on next
steps.

Answer: B
Explanation:

QUESTION NO: 13

On-boarding new suppliers is managed by?

A. Supplier Development
B. Supplier Risk
C. Supplier Qualification
D. Supplier Evaluation

Answer: C
Explanation:

QUESTION NO: 14

What is the primary concept associated with reverse auction?

A. Allow buyers to speak with the incumbent supplier(s) during an auction to encourage
competition.
B. Bid compression. Efficiently achieve market price in hours versus weeks.
C. Allow suppliers to increase RFP pricing, if necessary.
D. Make it easy for a buyer to make an award decision.

Answer: B
Explanation:

QUESTION NO: 15

KPI's are used to calculate?

A. Supplier Cost
B. Supplier Classifications

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 IBM P2050-028 Exam
C. Supplier Performance Scores
D. Category Strategy

Answer: C
Explanation:

QUESTION NO: 16

Which of the following is NOT completed via Contract Management search capability:

A. Saved searches
B. Run reports from search screen
C. Configurable search parameters
D. Downloadable results

Answer: B
Explanation:

QUESTION NO: 17

Which of the following is NOT considered a benefit of a reverse auction?

A. Allows for the recreation and exploitation of a competitive environment.

B. Real-time supplier price revision based upon actual market conditions.
C. Multiple 'rounds' of negotiation conducted at once.
D. Specifications do not need to be very specific; suppliers can bid on an "apples to oranges"
basis.

Answer: C
Explanation:

QUESTION NO: 18

RFx's may be created several ways. Which is not one of them?

A. Word document import

B. Via a template
C. Excel import

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 IBM P2050-028 Exam
D. Within the UI

Answer: A
Explanation:

QUESTION NO: 19

Spend Analyzer can be viewed in graphical or tabular form. The Graphs and Tables together are
known as Tabulations. Which of the following is not considered a feature of Tabulations:

A. A number of graphical views to choose from.

B. Exporting output as an MS Excel or CSV (comma separated) file.
C. Printing graphs and tables using the print button.
D. Ability to generate a Contract form.

Answer: D
Explanation:

QUESTION NO: 20

The interview wizard helps facilitate the contract request process. Which of the following is the
interview wizard NOT able to do?

A. Automatically select a template

B. Amend contracts
C. Populate meta-data
D. Insert attachments

Answer: B
Explanation:

QUESTION NO: 21

Operational compliance is enforced in Contract Management via:

A. Workflow
B. Searching
C. Reporting

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 IBM P2050-028 Exam
D. Word Editor

Answer: A
Explanation:

QUESTION NO: 22

Which one is not a Supplier Lifecycle Management enabled activity?

A. Classify new suppliers

B. Assess a supplier's performance
C. Start development activity
D. Addressing an invoice query

Answer: D
Explanation:

QUESTION NO: 23

What is a node?

A. It is a "row" of data (i.e. the Time Dimension consists of months that roll up to quarters that roll
up to years. Each month, quarter, and year is a
node).
B. It is a type of graphical report.
C. It is an error found within the data set.
D. It is an export of the dataset.

Answer: A
Explanation:

QUESTION NO: 24

The Spend Analyzer view is divided into three areas. Which is not one of them?

A. Header
B. Menu Bar
C. Scorecard

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 IBM P2050-028 Exam
D. Operational area where user works with dimensions, tabulations, dashboards, analytics.

Answer: C
Explanation:

QUESTION NO: 25

When configuring a question in a survey, which is the odd one out?

A. Answer is a KO (Knock Out question)

B. Define Score
C. Define the Hardface-ID (for a KPI) and Score
D. Define Answer Type

Answer: C
Explanation:

QUESTION NO: 26

In Emptoris Contract Management, users have the ability to dynamically update language within
all clause templates and in progress contracts, which many of our competitors cannot do. From
the selection list below, who is/are the only competitors who also allow for this?

A. Ariba
B. Upside & Selectica
C. Oracle
D. Bravo

Answer: B
Explanation:

QUESTION NO: 27

There are several benefits of using the Project Management module in Sourcing. Select the one
that best fits.

A. Suppliers can view all open projects within a customer environment.

B. Admins/buyers can share project status with folks who do not have rights to log into the system.

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 IBM P2050-028 Exam
C. Admins/buyers have easy access to pull all projects associated with Spend, Sourcing and
Contracts from one screen.
D. Projects do not contain alerts, therefore team member task delegation, role and responsibilities,
on-time completion dates cannot be tracked by
the project owner/management.

Answer: C
Explanation:

QUESTION NO: 28

Contract Management integrates with which application to edit a contract?

A. Microsoft Powerpoint
B. Lotus Symphony
C. Adobe Acrobat
D. Microsoft Word

Answer: D
Explanation:

QUESTION NO: 29

Which of the following is NOT true about approvals in Contract Management?

A. Approvals can go to individuals or groups

B. Approvals can occur in parallel
C. Approvals are limited to go to five users
D. Approvals can occur serially

Answer: C
Explanation:

QUESTION NO: 30

From the options below, in what area can none of our Sourcing competitors meet what our
solution can do?

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 IBM P2050-028 Exam
A. Side by side comparison of multiple supplier responses and variables
B. User extensible data libraries & reusable/clone-able category /event templates
C. Non-cost factors, multi-tiered pricing, bundled/flex bid
D. Handle 250K+ data elements.

Answer: D
Explanation:

QUESTION NO: 31

Contract Management reduces contract review times by:

A. Providing a scalable solution

B. Utilizing the interview wizard
C. Reducing staff
D. Online approval management

Answer: D
Explanation:

QUESTION NO: 32

A Suppler Questionnaire can be automatically released?

A. After a certain date

B. When their status changes
C. When their score is greater than a predefined value
D. When their renewal cycle is triggered

Answer: C
Explanation:

QUESTION NO: 33

Based on contract attributes, which of the following allows users to create approval contracts in
minutes?

A. Interview Wizard

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 IBM P2050-028 Exam
B. Approval workflow
C. Searching
D. Reporting

Answer: A
Explanation:

QUESTION NO: 34

What is a "dimension"?

A. Data that can be aggregated across the client's dimensions; i.e. currencies, can be formula-
based.
B. Data elements that can be Searched or made available through the transaction view.
C. The total spend reflected in the spend cube.
D. Data the client intends to filter or further breakdown; used to run crosstabs and submit
feedback.

Answer: D
Explanation:

QUESTION NO: 35

What is an "attribute"?

A. Data that can be aggregated across the client's dimensions; i.e. currencies, can be formula-
based.
B. Data elements that can be Searched or made available through the transaction view.
C. The total spend reflected in the spend cube.
D. Data the client intends to filter or further breakdown; used to run crosstabs and submit
feedback.

Answer: B
Explanation:

QUESTION NO: 36

Which of the following is an example of an "Analytic" that a user can run to gather information
pertinent to an Opportunity Assessment?

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 IBM P2050-028 Exam
A. Usage reports displaying names of internal users who have logged into the application over a
given period of time.
B. List of all vendors who make up the top 85% of total spend.
C. Names of suppliers who have accepted an RFx and intend to participate.
D. Suppliers who red-lined a contract within a given period of time.

Answer: B
Explanation:

QUESTION NO: 37

How are administrative changes made to the Contract Management solution (changes to
workflow, contract templates, etc)

A. C++
B. COBOL
C. Fortran
D. No programming is needed. Configuration changes are made through the user interface.

Answer: D
Explanation:

QUESTION NO: 38

Which of the following is not an RFx-type?

A. RFP
B. RFI
C. Reverse/Forward Auction
D. MSA

Answer: D
Explanation:

QUESTION NO: 39

Of the following, who is not a competitor of Spend?

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 IBM P2050-028 Exam
A. SAP/Ariba
B. Zycus
C. Tangoe
D. SAP

Answer: C
Explanation:

QUESTION NO: 40

Based on contracts, alerts can be driven off of which attribute?

A. Number
B. Date
C. Name
D. Type

Answer: B
Explanation:

QUESTION NO: 41

Impact and Likelihood are used to measure?

A. Evaluation Score
B. Supplier Development Score
C. Supplier Risk Score
D. Classification Profile

Answer: C
Explanation:

QUESTION NO: 42

Selected users have the ability to provide suggestions back to the Spend Analyzer administrator(s)
for areas to modify the application should they see error(s). Which is not an example of feedback
that may be submitted?

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 IBM P2050-028 Exam
A. Suggest Rename ?Rename a node of the dimension
B. Suggest a category to eSource
C. Suggest Mapping Rule ?Move spend of a particular node to another node in the same
dimension
D. Suggest Rename ?Rename a node of the dimension

Answer: B
Explanation:

QUESTION NO: 43

"Optimization" or "Decision Support" assists buyers in making an award decision consistent with
the business1 requirements and objectives. Which of the following scenarios would suggest an
increased savings potential for the buyer?

A. Award based on traditional Excel-based analysis

B. Award taking into account supplier risk, bundling and business volume discounts.
C. Award based on lowest cost
D. Award based on telephone negotiations

Answer: D

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