Purchasing Challenge's Archive

-- Purchasing, 10/3/2007 8:24:00 AM

Think you’re up on the latest trends, tools, resources, best practices and technical information in the purchasing field? Find out. Answer the questions you’ll find here. We’ll publish the correct answer to each question on an archive page—with the names of the professionals who picked that answer—every two weeks as we change to a new question.

1.Which of the following exchanges is where precious metals are traded? *
The New York Mercantile Exchange’s Commodity Exchange
Chicago Mercantile Exchange
Tokyo Commodity Exchange
All of the above
None of the above

Correct answer: All of the above. The following were among the first 20 readers to answer correctly:
Arnold Masa, Holcim Philippines; Karen Kraus, Com-Tec Security, LLC; Donna King, Alcatel-Lucent; Steve Bober, Wesco Distribution; James Whyte, Clement Pappas & Co. Inc.; Tyrone Vaughn, Alan Joel Comm.; Pablo Flores, ILS Canada; Sharon Ginter, Omnex Control Systems; Nancy Davis, LCY Elastomers LP; Rick Howard, Freeport Shipbuilding; Joseph A. Maralit, BMW Manufacturing Co. LLC; RAS, NGP; Dave Morgan, Master Products; Cathy Heberlein, Basic Metals; Jeff Stasso, Veltri Canada; Larry Bertrand, Atlantis Casino; Ed Smith, Kaman Music; Amy, ITT/FB Leopold Company; Sarzeb Abbasi, Orient Petroleum International Inc.; Zaida Cortes, Loews Hotels; Danielle Safran, Ernst & Young LLP; George Panagitis, CR Gibson; Marsha Searle, Charter Telecom; Donn Trowbridge, Merrill Lynch; Greg Armstrong, American Airlines

2. Which of the following exchanges is where energy is traded?
Singapore Exchange
National Commodities Exchange
Dow Jones
Dubai Exchange
New York Mercantile Exchange’s Commodity Exchange 

Correct answer: New York Mercantile Exchange’s Commodity Exchange. The following were among the first 20 readers to answer correctly: Eduardo Sánchez,Tremec; Daniel Brandt, Texas Tile Mfg; J Lopez, DAL; Marc Marcolina, Ford Motor Company; Nirav Desai, KONE Inc.; Marilyn Foley, Stora Enso North America; Max Leblanc, Inbev/Labatt Breweries of Canada; Meredith Kovarik ,Maine Pointe; Greg Becker, CPM Tyco Electronics; Neil Larrance, KBC; Ryan T. Leverton, Mohawk college; Mark Solar, Plastics, Inc.; Dean Lim, RGM China; Juliet Victor, US Army (Retired); Daniel Ravelo, Pantone, Inc; Kristi Shipley, Radio Holland USA, Inc.; Robert F. Cibic, Fermilab; David Pikkarainen, American Express; Timothy Johnson, Mutual of America; Robert M. Kanze, MBA, C.P.M., A.P.P. Cornerstone Services, Inc.

3. Who is the only person to have won the Purchasing Medal of Professional Excellence three times?
Tom Stallkamp
Bob Moffett
Gene Richter

Correct answer: Gene Richter. The following were among the first 20 readers to answer correctly: 
Ned B. Kisner,Triangle Coatings, Inc.; JoAnn O'Reilly C.P.M.,PSEG Services; Steve Stafford, AMD;Arun Suryawanshi, Ingersoll Rand; Nancy Boyles, Election Systems & Software; Rowena Casanas, Azadea Group LLC; Denise Robertson, Carthage Water & Electric Plant; R Jafari,MRM International;Amy Wenderoth, Barton Cotton; PEGGY WILLER, SYS SUPPLIES; CHAD BAILEY, SONOPRESS, LLC.; Kandarp Joshi,Lanxess Inc

4.Which is the only company to have won the Purchasing Medal of Professional Excellence twice?
Hewlett Packard
IBM
Dell
Cessna
Lucent

Correct answer: Hewlett Packard. The following were among the first 20 readers to answer correctly:
Karen Zumwalt, Jackson Safety; Deep Mangat, Leiner Health Products; Brad Berg, Scientific Materials Corporation; Mary Walker, Hagemeyer North America; Joyce Leow, C & W Electronics