ISM CPSM Bridge - CPSMB

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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. 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) Does the management team adequately understand the supply management system in its controls?
B) What mechanisms are in place to periodically evaluate the efficiency of the supply management system?
C) Is the purchasing authority implicit?
D) Are adequate employees available for audit purposes?

2. You have determined there may be several issues hindering performance in your supply program and reasons for three quarters of slumping revenue. The FIRST step to serious improvement should be what?

A) Notification to stakeholders.
B) Notifying organization management.
C) Notification of suppliers.
D) Auditing supply management processes.

3. Supply management professional uses a variety of methods and tools to automate the management of inventory and as replenishment tools. Which of the following is a supplier managed inventory?

A) A system where an inventory is reviewed at periodic intervals.
B) A system in which the buyer sends an automated request when supply is low.
C) A system where an order is placed whenever a predetermined level is reached.
D) System that holds a supplier responsible for ensuring stock is maintained at the purchasers facility.

4. Of the three types of alternatives which is the simplest to pursue because it only involves minor differences in a product?

A) Alternative sources of supply.
B) Advanced production of necessary supplies.
C) Alternative products for the acquisition.
D) In-house production of the needed supplies.

5. The change process should be initiated in a systematic fashion. Which step refers to periodic evaluation using metrics defined in the strategy.

A) Step 5: Review
B) Step 1: Collect information
C) Step 2: Identifying evaluate opportunity's for change
D) Step 3: Develop a strategy

Solutions: