Council of Supply Chain Management Professionals (CSCMP) Practice Exam 2026 - Free CSCMP Practice Questions and Study Guide

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What is the role of a technology scout?

To manage supplier relationships

To oversee logistics operations

To collaborate with various entities to acquire new technologies

The role of a technology scout focuses on seeking out and identifying new technologies that can benefit an organization. This involves collaborating with various entities such as startups, research institutions, and other organizations to acquire innovative solutions, tools, or methodologies that can enhance a company’s operations or product offerings. A technology scout plays a crucial part in staying ahead of industry trends and competition by ensuring the organization adopts cutting-edge technologies.

This role differs significantly from managing supplier relationships, which focuses on maintaining and nurturing existing partnerships with vendors. Additionally, overseeing logistics operations requires a focus on the movement and storage of goods rather than the exploration of new technologies. Conducting market research, while also important, is centered on understanding market trends and consumer needs rather than actively sourcing and acquiring new technological innovations. Each of these other roles serves a distinct purpose within an organization, highlighting the unique focus and responsibilities of a technology scout.

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To conduct market research

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