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ISM CPSM Bridge Sample Questions:

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

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

2. The Collaborative Planning Forecasting and Replenishment initiative helps suppliers and retailers develop forecasts and manage exceptions it is also considered an extension of?

A) Collaborative Planning Initiative
B) Prior period forecasting (PPF)
C) Sturzl part ordering system (SPOS)
D) Supplier managed inventory (SMI)

3. There are a number of strategic factors supply management professional should consider when working through matters related to make by decisions. Altron Communications Industries is trying to determine whether to insource or outsource. Their supply management professional will consider all of the following methods except.

A) Whether there is the threat of substitute products or services
B) Whether outsourcing results in buyer organization alignment with the technology
C) Whether the decision results and adding additional capacity in the market
D) Whether insourcing changes the balance of competition by damaging the former outsourced supplier

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

5. The audit process for supply management is an objective examination and a verification of compliance with your organizations standards. Which of the following BEST describes the audit process?

A) Gathering necessary data, reviewing documentation, interviewing employees, analysis, and communication of a process improvement plan.
B) Initial review with management, process mapping of the supply chain, reviewing documentation, exit conference, and communication of a process improvement plan.
C) Pre-read by the audit team, focused review, exit conference, and development of a process improvement plan.
D) All level review of the organization including fiscal, supply management and social responsibilities.

Solutions: