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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. The ISM glossary defines an item that will never be used or sold at full value as _______________ inventory.

A) Damaged supply management material.
B) Recyclable supply management material.
C) Surplus supply management material.
D) Obsolete supply management material.

2. The supply manager and organizational management are arguing whether an internal audit is suited for the organization. All of the following are reasons to use an internal audit EXCEPT.

A) An external audit is biased.
B) The ease of flexibility and scheduling.
C) Auditors already exist and may be used from another department.
D) The auditors have an understanding of the organization.

3. Which "supplier characteristic" includes a supplier who has fixed costs preventing them from further price reductions?

A) Inventory management
B) Product application
C) Quality problems
D) Inability to reduce costs

4. Win-Win or cooperational negotiation philosophy is likely to be used when?

A) Neither party is concerned for the supplier
B) Both parties have a high degree of concern for their own and other's outcomes.
C) Both parties are neutral
D) Both parties require no negotiation

5. The freight claim resolution process consists of two key components?

A) Verification of damage and claims file.
B) Shipper notification and claims file.
C) Claims process and product shipment.
D) Escalation and corrective action.

Solutions: