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ISM CPSMB Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Supply Management Core Knowledge | - Procurement and sourcing fundamentals - Supply chain integration and operations - Category management principles |
| Compliance and Performance Management | - Ethics and compliance in procurement - Supplier performance measurement - Continuous improvement practices |
| Sourcing and Category Strategy | - Contracting and negotiation strategies - Strategic sourcing processes - Supplier evaluation and selection |
| Leadership and Business Acumen | - Leadership in supply management - Risk management and decision-making - Financial and business analysis |
ISM CPSM Bridge Sample Questions:
There are numerous International Commercial Terms the supply management professional should be familiar with. The Incoterm FCA Free Carrier (named place) indicates what?
- A. The buyer takes possession of the shipment at the point of origin and bears all costs and risks associated with the transportation.
- B. The seller delivers goods which are cleared for export to the buyers designated carrier and named location.
- C. The seller places goods on the loading dock and the risk of loss is transferred to the buyer.
- D. The supplier quotes a price that includes the cost of goods and cost of transportation to a named destination.
Correct Answer: B 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
Risk management is the directing and conducting of activities necessary to reduce or eliminate or mitigate the impact of factors which could result in injury, lawsuit, damage or ultimate business failure. These activities include all of the following EXCEPT.
- A. Supply management risk mitigation
- B. Supply management business base
- C. Supply management risk planning
- D. Supply management risk monitoring
Correct Answer: B 🗳️
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Managing the ramp up process and implementing full scale production is typically characterized by what?
- A. High variability and uncertainty with conflicts managing short cycle times and fast throughput increases.
- B. Low variability and certainty with conflicts managing short cycle times and fast throughput increases.
- C. Low variability and uncertainty with conflicts managing long cycle times and slow throughput increases.
- D. High variability and uncertainty with conflicts managing long cycle times and fast throughput increases.
Correct Answer: A 🗳️
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To be assured that proper mechanisms are in place to reduce the likelihood that issues in the supply management process will result in understated or overstated liabilities in the organizations financial statements all of the following except which question should be asked?
- A. Are adequate employees available for audit purposes?
- B. Does the management team adequately understand the supply management system in its controls?
- C. Is the purchasing authority implicit?
- D. What mechanisms are in place to periodically evaluate the efficiency of the supply management system?
Correct Answer: A 🗳️
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Sydney Johnson is the supply management professional for Scott Textile Industries of North America.
Numerous antitrust and trade regulations as well as U.S. Federal procurement and public projects affect her daily operations. Which regulation would be associated with the use of appropriated funds?
- A. Federal Acquisition Regulations
- B. False Claims Act
- C. Americans with Disabilities Act (ADA)
- D. Davis Bacon Act
Correct Answer: A 🗳️
Explanation: Only visible for TrainingDumps members. You can sign-up / login (it's free).
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