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Understanding functional and technical aspects of CPSM® Certified Professional in Supply Management® Identify Requirements
The following will be discussed in ISM CPSM exam dumps:
- Develop financing strategies for purchases
- Verify that sufficient reporting exists
- Prepare and/or administer a supply management department budget
What is the cost of CPSM® Certified Professional in Supply Management®
The cost of CPSM® Certified Professional in Supply Management® is $250.
- Number of Questions: 70-80
- Passing Score: 54%
- Length of Examination: 180 minutes
- Format: Multiple choices, multiple answers
NEW QUESTION 46
Seasonality can be forecast using a multiplicative model to create a seasonal index.
- A. True
- B. False
Answer: A
NEW QUESTION 47
A facility used
for
receiving, storing
and
organizational strategies is known as a:
- A. Commodity
- B. Warehouse
- C. Terminus
- D. Depot
Answer: B
NEW QUESTION 48
What involves selected practices and
measurements
that are
compared from one organization to another?
- A. Cultural reviews
- B. Process assessment
- C. Flowcharting
- D. Benchmarking
Answer: D
NEW QUESTION 49
Which of the following are the steps to proposal solicitation?
- A. Cooperation, Foundation and negotiation
- B. Origination, qualification and Projection
- C. Origination, qualification and negotiation
- D. Selection, qualification and Management
Answer: C
NEW QUESTION 50
Employees who posses a desirable knowledge, for example in the area of contract negotiations, and are hired for their mental skills are referred to as:
- A. decision makers
- B. knowledge workers
- C. supply management workers
- D. Skilled workers
Answer: B
NEW QUESTION 51
A managerial and organizational approach used to integrate the supply management functions in an organization is referred to as:
- A. Procurement management
- B. Purchasing management
- C. Materials management
- D. Production management
Answer: C
NEW QUESTION 52
The process of developing information systems through investigation, analysis, design,
implementation and maintenance is known as_ .
Answer:
Explanation:
System Development Life Cycle
NEW QUESTION 53
A pick module is a type of mechanized system used to:
- A. to pick both bulk items and single items
- B. to pick only single items
- C. to pick only bulk items
- D. None of the above
Answer: A
NEW QUESTION 54
What involves creating a visual depiction of a process, is the starting point to help understand each process and identify the sequencing of each process?
- A. Process Equipment
- B. Process mapping
- C. Process flowcharting
- D. Process Planning
Answer: B
NEW QUESTION 55
Which of the following is NOT the element o0f a project plan?
- A. Contractual agreements
- B. Replenishment plan
- C. Objectives
- D. Resource requirements
Answer: B
NEW QUESTION 56
Which of the following is NOT the phase of business cycle?
- A. Recession through, or lowest point in economic activity
- B. Leading & Lagging Producer price index
- C. The highest point output before a downturn
- D. Expansion or resuming growth path
Answer: B
NEW QUESTION 57
Any material, component or product that is held for use at a later time is known as:
- A. Record
- B. Asset
- C. Cash
- D. Inventory
Answer: D
NEW QUESTION 58
The purpose of is to determine whether or not an organization's financial
statements are
prepared in accordance with generally
accepted accounting principles.
- A. Functional audit
- B. Operational audit
- C. Financial audit
- D. Principal audit
Answer: C
NEW QUESTION 59
What is used to establish a relationship between the cost, schedule and technical aspects of a project?
- A. Resource management system
- B. Key performance indicator systems
- C. Cost Lead system
- D. Earned value management system
Answer: D
NEW QUESTION 60
An increasing or decreasing patterns of demand over time is considered as a:
- A. Cycle
- B. Trend
- C. Seasonality
- D. Analysis
Answer: B
NEW QUESTION 61
Coding activities might include:
- A. issues approval
- B. All of the above
- C. Direct responsibility
- D. needs notification
Answer: B
NEW QUESTION 62
What is used to obtain general information about products, services or suppliers and is information request, not binding on either the supplier or the purchaser?
- A. Qualified product description
- B. Solicitation document
- C. Procurement document
- D. Target market
Answer: B
NEW QUESTION 63
According to the Chartered Institute of Transport and Logistics in the United Kingdom,
which of the following is NOT the type of warehouse layouts?
- A. Inverted T warehouse
- B. Cross-flow warehouse
- C. Inverted U warehouse
- D. Through-flow warehouse
Answer: C
NEW QUESTION 64
The process which begins by understanding the product such as its value, its physical characteristics such as length, height, width, and weight and its fragility is called:
- A. Process Throughput
- B. Product optimization
- C. Packaging optimization
- D. Flood flow gain
Answer: C
NEW QUESTION 65
With what an organization's inventory values are kept continuously in line with its actual inventory on hand?
- A. Perpetual inventory control system
- B. Temporary inventory control system
- C. Periodic inventory control system
- D. Services inventory control system
Answer: A
NEW QUESTION 66
The inventory reporting measures format is typically presented
in which
of the following way?
- A. average aggregate inventory
- B. All of the above
- C. inventory turnover
- D. weeks of supply
Answer: B
NEW QUESTION 67
......
Certification Path for CPSM® Certified Professional in Supply Management®
The exam does not have any certificate pre-requisite but demands the following before a candidate can sit for an exam:
- You realize how to exploit store network assets and local area to help your group carry out accepted procedures inside supply chains
- You're a master with regards to work processes, plans, and different highlights accessible through supply chains
- You have 2-3 years of involvement controlling stock chains
- You can keep supply chains sound since you handle what your decisions mean for supply chains' exhibition, adaptability, and everyday sensibility
- You can decipher and make an interpretation of business necessities to supply chains
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