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ISM CPSM Bridge Sample Questions:

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

2. Implementation to full scale production or ramp up for new products or services includes sales projections, staffing requirements, operations capacity, logistics capabilities, supplier capability and
_____________________ ?

A) Review of international tariff law
B) Process reengineering
C) Lead time and inventory planning
D) Environmental impact assessment

3. Management control is the ability to influence events and keep them on track. Management controls are divided into three parts which include all of the following EXCEPT.

A) Behind the fact controls.
B) During the fact controls.
C) Before the fact controls.
D) After the fact controls.

4. Which "market characteristic" includes reducing costs by using suppliers in low cost countries where risk is greater in currency fluctuations?

A) Capacity constraints
B) Global sourcing
C) Number of qualified suppliers
D) Price Uncertainty

5. The three major after the fact controls consist of all of the following EXCEPT.

A) Audits conducted to determine if the work performed met the original intent.
B) Periodic reports used to compare actual performance with a plan.
C) Procedural review initiated to determine whether those given specific procedures are doing them properly in achieving the anticipated results.
D) A prework review to determine the desired results.

Solutions: