Free L6M7 – Commercial Data Management Practice Test Question

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• ○ Huge volumes arriving at velocity
• ○ Small datasets stored on paper
• ○ Occasional surveys of key suppliers
• ○ Annual reports in static documents

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• ○ Identical records in one system
• ○ Many formats from many sources
• ○ Data restricted to numeric values
• ○ Files held in one location

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• ○ Single factory supplying one customer
• ○ Manual ledgers updated each quarter
• ○ Thousands of transactions across tiers
• ○ Limited product ranges sold locally

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• ○ Storing ever larger data volumes
• ○ Replacing professional judgement entirely
• ○ Duplicating records across many systems
• ○ Turning raw data into decisions

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• ○ Machine learning classification models
• ○ Manual sampling of paper invoices
• ○ Visual inspection of warehouse shelves
• ○ Telephone surveys of retired buyers

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• ○ Conceal maverick purchasing from auditors
• ○ Identify savings and compliance opportunities
• ○ Increase prices paid to suppliers
• ○ Avoid negotiating framework agreements

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• ○ High volume of records generated
• ○ High velocity of data arrival
• ○ Low variety of data formats
• ○ Slow manual data collection

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• ○ Handwritten delivery note books
• ○ Warehouse scanner transaction logs
• ○ Occasional supplier lunch conversations
• ○ Connected vehicle telematics feeds

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• ○ Guaranteed elimination of all shortages
• ○ Automatic supplier contract renewals
• ○ Earlier detection of supply disruptions
• ○ More accurate demand forecasting results

Answer is in the explanation below.

Answer is in the explanation below.

Answer is in the explanation below.