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ISM INTE Exam Syllabus Topics:

Topic
Details

Topic 1

Quality Management: This section covers understanding and applying quality management principles throughout the supply chain.

Topic 2

Supply Chain Strategy: This section deals with how to develop and implement material or service standardization programs and implement requirements planning to align supply management activities with organizational strategy.

Topic 3

Logistics and Materials Management: This section covers knowledge of transportation modes, warehousing, and inventory management practices.

Topic 4

Project Management: This section covers applying project management principles to supply management activities.

Topic 5

Sales and Operations Planning (SOP): This section covers sales and Operations Planning, Demand Planning, and Forecasting.

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ISM Supply Management Integration Sample Questions (Q103-Q108):

NEW QUESTION # 103
Which of the following requires investment recovery action'

A. Slow-moving materials
B. Finished goods
C. Work-in-process
D. Raw materials

Answer: A

Explanation:
Investment recovery focuses on recouping value from obsolete or excess inventory. Slow-moving materials often require such actions to minimize losses and free up resources. This practice is part of effective inventory management and resource optimization strategies.

NEW QUESTION # 104
If a shipment has a gross weight of 500 pounds and overall dimensions of 42 inches x 48 inches x 48 inches, what is the density of the shipment (in pounds per cubic foot)?

A. 8.9
B. 0.005
C. 0.744
D. 5.0

Answer: A

Explanation:
To find the density of the shipment, we use the formula:
Density = Weight / Volume.
The volume of the shipment is calculated as (42/12) x (48/12) x (48/12) cubic feet. Thus, Volume = 56 cubic feet.
Density = 500 pounds / 56 cubic feet = 8.9 pounds per cubic foot.
This calculation shows the shipment's density as Option C. Reference: Basic principles of density calculation.

NEW QUESTION # 105
The sourcing manager for a regional retail bakery chain reviews order quantities and stocking for perishable condiments on a quarterly basis. Which of the following factors should be the MOST critical consideration in this analysis?

A. Understanding the tradeoff between freight costs and inventory levels
B. Maintaining profitability for low margin items
C. Balancing customer service expectations with risk of stockouts
D. Setting reasonable delivery performance metrics for suppliers

Answer: C

Explanation:
For perishable goods, the balance between customer service and stockouts is crucial. Excess inventory leads to waste, while stockouts can harm customer satisfaction. The sourcing manager must carefully analyze demand patterns, inventory turnover, and customer expectations to optimize stocking levels. This consideration is supported by logistics and inventory management best practices, focusing on perishables and consumer satisfaction metrics.

NEW QUESTION # 106
A firm wants to contract with two suppliers to develop a cellphone tower servicing five million customers. The new technology is required within the next 36 months and has a large budget. The following suppliers are under consideration:
*Supplier A - Has been in business for 20 years; however, every two to three years, its labor force goes on strike
*Supplier B - An established business located in an overseas country which may charge an additional 2% duty on some imported goods
*Supplier C - An established business which has been closed on recent occasions by governing authorities due to health and safety violations
*Supplier D - Has the smallest facilities and workforce of the four, but will be expanding over the next three months and has successfully subcontracted work in order to meet timelines Based on this information, which two suppliers offer the BEST capacity and capability?

A. Suppliers C and D
B. Suppliers A and C
C. Suppliers A and B
D. Suppliers B and D

Answer: D

Explanation:
Suppliers B and D offer the best capacity and capability for the project. Supplier B is established and can handle large budgets, despite potential duties, while Supplier D is expanding and has a successful track record of subcontracting to meet deadlines. These factors make them the most reliable choices for meeting the project's requirements within the 36-month timeline. Reference: Supplier selection criteria in supply chain management.

NEW QUESTION # 107
Reducing the number of items that perform the same or similar function is known as

A. value analysis
B. value engineering
C. simplification
D. standardization

Answer: D

Explanation:
Standardization involves reducing the variety of items performing similar functions. This process streamlines inventory, reduces costs, and simplifies procurement by focusing on a limited range of products. It supports efficiency and cost management in supply chain operations, as referenced in supply chain management best practices.

NEW QUESTION # 108
......

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