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ISM CPSMB Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Supply Management Core Knowledge | - Supply chain integration and operations - Category management principles - Procurement and sourcing fundamentals |
| Leadership and Business Acumen | - Financial and business analysis - Risk management and decision-making - Leadership in supply management |
| Compliance and Performance Management | - Continuous improvement practices - Supplier performance measurement - Ethics and compliance in procurement |
| Sourcing and Category Strategy | - Supplier evaluation and selection - Contracting and negotiation strategies - Strategic sourcing processes |
ISM CPSM Bridge Sample Questions:
When determining the optimum usage of capacity a supply manager determines they want to understand how much their process deviates from a competitors. Which measure of forecast accuracy would be the
BEST fit?
- A. Standard error rates of the distribution.
- B. All of the above.
- C. Mean square error of the square of errors.
- D. The mean percentage error or forecast error.
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Ramping down one supplier while ramping up a new supplier in an effort to cause the least disruption is called?
- A. De-sloping form of ramping down.
- B. Strategic reduction ramp down.
- C. Supplier reduction ramp down.
- D. Gradual transition ramp down.
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Under the auspice of developing an operating plan, very specific types of deterministic information are used. Which type of deterministic information includes the organizations probability that a given set of events will occur?
- A. Strategic plan
- B. Magnitude
- C. Historical elements
- D. Confidence
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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. System that holds a supplier responsible for ensuring stock is maintained at the purchasers facility.
- B. A system where an order is placed whenever a predetermined level is reached.
- C. A system in which the buyer sends an automated request when supply is low.
- D. A system where an inventory is reviewed at periodic intervals.
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The typical overcharge uncovered in freight bill auditing is between ____ and _____ percent annually.
- A. 25
- B. 7,10
- C. 10,15
- D. 3,5
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