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ISM CORE Exam Dumps Questions and Answers

Exam Code: CORE
Certification: CPSM
Vendor: ISM
Last Update: Jun 18, 2024
Questions: 180
10  Customers Passed ISM CORE
85%  Average Success In Real Exam
88%  Questions came word by word from this dump
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All CPSM Related Certification Exams

Other ISM Certification Exams

Supply Management Core Exam Questions and Answers

Questions 1

A company's major supplier of sub-assemblies provides excellent quality and reasonable costs. However, shipping delays and damage in transit make this supplier less reliable than desired. The supply manager would like to retain this supplier if possible, but is concerned about the reliability issues. Given this situation, which of the following is the BEST course of action for the supply manager to take?



Negotiate lower prices to compensate for the impact of delivery problems


Collaborate with the supplier to improve its outbound logistics


Increase forecasting lead times and safety stock for the supplier's products


Give the supplier a deadline by which to remedy unsatisfactory performance

Questions 2

The procurement officer for a publicly-traded U.S. company completes a 409 filing with the Securities and Exchange Commission (SEC), due to a number of supplier deliveries being missed that impact revenue forecasts. The procurement officer's NEXT step should be to



review with the legal department what actions can be taken against suppliers with late deliveries


document a corrective action plan


determine what changes can be made to contracts to ensure suppliers meet delivery deadlines


terminate contracts with suppliers who have been late with deliveries

Questions 3

Which of the following BEST describes a single source supply strategy?



Awarding purchases to one supplier in preference over other suppliers


Designing requirements so that only one supplier can meet the needs of the organization


Selecting two or more suppliers for the same product, but purchasing from only one of them to increase the volume discount


Purchasing a product from one supplier for a period of time, then switching purchases to a new supplier for the same product