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ISM CPSM Bridge Sample Questions:

1. Managing an online event or reverse auctions includes traditional sourcing steps as well as procedures unique to the event. Which of the following is not a component of step TWO which is "Generate supplier profiles"?

A) Determine the value added capabilities of the supplier's
B) Determine which suppliers could possibly be future suppliers
C) Define the category
D) Identify qualified suppliers

2. Which contemporary E-sourcing tool involves pre-qualified and invited suppliers to compete for business usually through bidding?

A) Reverse auctions
B) e-RFx
C) EDI
D) Purchase order systems

3. Supply management professionals must understand the legal and regulatory requirements necessitating a good storage system for paper and data management of their organizations supply management information. The Uniform Commercial Code and many of the trade acts require documentation of activities the organization participates in. How long is a purchase order required to be kept after the contract terminates to conform with the statute of limitations?

A) Five Years
B) Six Years
C) Seven Years
D) Thirty Years

4. In order to achieve the optimal structure of the supply management environment, which best practice would the supply management professional use to analyze and redesign of workflow within an organization?

A) Benchmarking
B) Reengineering
C) Business intelligence
D) Competitive intelligence

5. When developing goals that meet customer service needs, supply management professionals must understand the differences between strategic and operational goals, and all of the following EXCEPT.

A) The level of goal difficulty.
B) The differences between quantitative and qualitative goals.
C) Required amounts of employee input.
D) Development of a mission statement.

Solutions: