ISM CPSM Bridge - CPSMB

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ISM CPSMB Exam Syllabus Topics:

ISM CPSM Bridge Sample Questions:

1. The inventory classification system based on the premise that 20 percent of the items held in inventory for sale will generate 80 percent of the sales revenue is called?

A) Pareto inventory classification.
B) 80/20 inventory classification.
C) 123 inventory classification.
D) ABC inventory classification.

2. When the supply management professional is managing a delivery problem or processing a claim they should refer to the _____________ used in the contract.

A) Incoterm
B) Freight loss process
C) Delivery terms
D) Damage claims

3. Supply and efficiency are key drivers in acquiring goods and services which are?

A) Low volume/ high risk
B) High volume/low risk
C) High volume/high risk
D) Low volume/low risk

4. In benchmarking a project or process the planning stage involves 10 steps which step happens fifth?

A) Communicate benchmark findings and gain acceptance.
B) Develop action plans.
C) Establish functional goals.
D) Project future performance levels.

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

A) SER1 Shadow exchange rate 1
B) SER2 Shadow exchange rate 1
C) NOER Nominal official exchange rate
D) FOB (Free on Board)

Solutions: