ISM CPSMB Actual Free Exam Questions & Community Discussion

The cost the organization would incur if a supplier does not perform on time or within specifications is?

Which of the following is an example bill of lading?

An organization that needed to dispose of excessive quantities of spare elevator motors which are no longer needed for maintenance would most likely use a _________________ type of excess inventory market place.

Organizations should maintain customs documents on file for at least?

In order to effectively manage risks, the supply management professional must conduct risk planning which includes confirming the current state of the organization as well as conducting impact assessments.
If the supply management professional was exploring the occurrence for identified risks based on available information which step of risk planning are they performing?

Project closure management involves the formalized acceptance of the project. Which component is NOT part of project closure?

Which "item characteristic" includes price increases due to poor planning?

As the supply management professional which of the following is of least importance?

Determining which products and services and organization should manufacture or provide in-house as opposed to purchasing them from outside sources is most related to which supplier collaboration process?

The supply manager determines surplus and slow moving inventory is wasting the assets in terms of opportunity costs as well as the cost to carry these goods on inventory. These goods are referred to as?

When a supply management professional has to decide to make a financial investment in a new supplier this is called a/an?

During the phase out transition with the current supplier when is the best time this should occur, during?

As the supply management professional executes strategic sourcing plans and is performing a market analysis and risk benefit analysis, using the risk benefit quadrant formula a factor which is TACTICAL would have which level of risk and benefit?

The ISM glossary defines a _________________ as a claim against a carrier due to loss of or damage to goods transported by a carrier.

Supply management typically performs the selection, development, and maintenance of supply this process is called?