ISM CPSM Bridge - CPSMB Exam Practice Test

Your company designs and builds utility outbuildings. Your supplier who provides the wooden roof trusses has been having difficult times financially because of other buyers concerns they were too small to keep up with their volume. You have never had any problem with receiving on time deliveries what is your best course of action? You know their management is top notch.

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

The measure of inbound revenues and outbound expenses in a time period is called?

Supply management professionals must deal with brand and reputation risks which may be associated with the loss of customers. The results of a negative brand reputation would result in all of the following
EXCEPT.

Developing, implementing, in managing a risk profile is a complex part of the supply management professionals daily obligations. Which of the following is not a supply chain stakeholder in terms of risk management?

The international Commercial Terms (Incoterms) are used for?

The schedule of events that describes required financing, facilities, location, space requirements, capital equipment, and human resources is the?

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 BOTTLENECK would have which level of risk and benefit?

The key to managing freight terms is balancing costs, routing, delivery and ____________________ consistent with the needs of the organization.

Which trait of the supply management professional would BEST improve their chances of effecting change in the organization?

When establishing a satisfactory value figure typical valuation is based on CIF which is (Cost, Insurance,
Freight) or alternatively a ______________ cost basis.

A cost that exhibits a variability of the total amount of costs that is in direct proportion to changes in the operational activity is referred to as?

When coordinating and monitoring the movement of equipment and assets within the organization the short term resources owned by an organization including inventory and accounts receivable is/are?

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
_____________________ ?