SIMULATIONSX

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P2P CYCLE

What is one expected outcome after this simulation on P2P Cycle?

 Higher cycle times
 Improved understanding of P2P cycle management
 Increased supplier complaints
 Unclear roles

Which quadrant of the Kraljic Matrix represents items with high supply risk and high purchase impact?

 Strateghic
 Leverage
 Bottleneck
 Non-Critical

Why is cross-functional collaboration important in reducing P2P cycle times?

 To hire more suppliers
 To align stakeholders and reduce delays
 To increase approvals
 To increase paperwork

What is the main goal of measuring KPIs in the P2P cycle?

 To increase purchase volume
 To delay payments
 To punish suppliers
 To identify bottlenecks and improve efficiency

What topic is best covered after this simulation on P2P Cycle?

 Basic Accounting
 Supplier Relationship Management and Digital Procurement Tools
 Marketing strategies
 Logistics planning

What should participants bring for this simulation?

 Company logo
 Random documents
 Their favorite book
 Historical procurement data of their commodity

What can help reduce approval delays?

 Increasing paperwork
 Hiring more staff
 Streamlining workflows and digital approvals
 Ignoring approval processes

Which event can unexpectedly increase P2P cycle times?

 Supplier strike
 Smooth approvals
 Early deliveries
 Automated payment

What is the typical sequence of the Procure-to-Pay cycle?

 Delivery → PO Creation → Invoice → Approval → Payment
 PO Creation → Approval → Delivery → Invoice → Payment
 Approval → PO Creation → Invoice → Delivery → Payment
 Invoice → PO Creation → Delivery → Approval → Payment

Which of the following is a common bottleneck in the P2P cycle?

 Approval delays
 Too many suppliers
 Late payment discounts
 Excess inventory

What is the purpose of the leaderboard in this simulation?

 To manage lunch breaks
 To track team performance on KPIs
 To display sponsors
 To show attendance

In which industry is this simulation focused?

 FMCG
 Software Development
 Retail
 Process Industry (PVC, Energy, Fertilizer, Mining)

Supplier lead time affects which part of the P2P cycle?

 Invoice processing
 PO creation
 Payment release
 Delivery time

Which KPI measures the time taken from PO creation to invoice payment?

 Invoice cycle time
 Overall P2P cycle time
 Purchase order lead time
 Approval time

Reducing the P2P cycle time primarily improves which of the following?

 Employee satisfaction only
 Number of suppliers
 Cash flow and project delivery speed
 Supplier prices

What role does the Kraljic Matrix play in procurement strategy?

 It schedules deliveries
 It determines company profit
 It defines employee roles
 It classifies suppliers based on risk and impact

Invoice processing time can be shortened by:

 Manual entry
 Increasing supplier numbers
 Delaying payments
 Automating invoice matching and approvals

What does a bottleneck commodity mean in Kraljic Matrix?

 Low risk, high volume
 Easily replaced
 High risk, low impact
 Non-critical

What is the typical impact of negotiating better supplier terms?

 Poor quality
 Increased prices
 Improved delivery times and cost savings
 Longer lead times

What is a strategic commodity according to Kraljic?

 Easily substitutable
 Low risk, low impact
 High value, high risk
 Low value, high volume