Free ISM CPSMB Exam Dumps Questions & Answers

Eric is the supply management professional at Equate Industries he is asking questions about what can go wrong?, what are the possible consequences?, and what is the probability of occurrence? He is most likely trying to do what?

• A.  Identify contractual risks
• B.  Develop a risk profile
• C.  Developing a scorecard
• D.  Perform risk monitoring

Asset management concerned with the planning and controlling of inventory is called?

• A.  Distribution management
• B.  Supply management inventory
• C.  Asset control inventory (ACI)
• D.  Inventory management

The supply management professional at a company realizes a weakness during a SWOT analysis that involves the decision making process and the organizational experience. Which analysis process would the professional choose?

• A.  Business case analysis
• B.  Alternative analysis
• C.  Kepner-Tregor rational process analysis
• D.  Six Sigma process analysis

Your role as the supply management professional during the growth phase of the product life cycle is to?

• A.  Pursue total process improvement (TPI).
• B.  Reduce costs and manage inventory constraints.
• C.  To reduce product lead times, ensure adequate supply, and continually reduce lead times.
• D.  Balance the chances of product failure with the need for adequate materials to be available if a product succeeds.

Supply side collaboration requires information from the buyer and supplier on dependent and independent variables. Information from the supply side includes?

• A.  Internal schedule, storage constraints, and on-hand inventories
• B.  Only supply and demand
• C.  Delivery problems and inventory levels
• D.  Personnel shift requirements, storage of goods, logistics schedules