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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. In this type of excess inventory market place the seller takes possession of the items and a commission for the sales in which they are not concerned of the selling amount because they base their fees on a percentage of the price what?

A) Local vendor supply management material.
B) Third-party specialist supply management material.
C) Broker supply management material.
D) Dealer supply management material.

2. A decentralized supply management function helps to develop a fast response for a make/buy decision and a strategy for a sourcing with a single source at this stage of the product life cycle?

A) Stage 2: Introduction Stage
B) Stage 1: Design Stage
C) Stage 3: Growth Stage
D) Stage 4: Maturity Stage

3. Which import document is used to declare the value of a shipment?

A) Arrival notice import document.
B) Freight release declaration.
C) Special customs invoice.
D) Delivery notification invoice.

4. Improving value through continued analysis of the cost components and substituting products with more cost effective elements while examining lifecycle cost is most related to which supplier collaboration process?

A) Specification rationalization
B) Demand management
C) Make versus buy analysis
D) Inventory or asset management

5. Financial risk is determined by the events that occur within the framework of the organization. Which type of industry is likely to have a recall for a faulty fuel line?

A) Retail software industry
B) Automotive industry
C) Healthcare industry
D) Food service industry

Solutions: