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ISM CPSM Bridge Sample Questions:

1. Implementing strategic sourcing allows for achieving enterprise wide objectives. Opportunities for strategic sourcing include all of the following EXCEPT.

A) Expanding the role of strategic suppliers
B) Consolidating software and electronic procurement systems
C) Reduction in spend
D) Recruiting and retaining top talent

2. The Collaborative Planning Forecasting and Replenishment initiative allows for collaboration in all processes across the supply chain. The CPFR was developed by what organization?

A) International Standards Common
B) Voluntary commodity standards board
C) International Standards Organization
D) Voluntary Inter-industry Commerce Standards Association

3. All of the following should occur in the mission statement of the organization or function EXCEPT.

A) Link the supply management activity to the organizational strategic goals.
B) Develop key metrics through which performance will be gauged.
C) Establish how the supply management function will be seen in the organization.
D) Identify key activities through which success will be achieved.

4. The uniform set of rules used to clarify the risks, costs, and obligations of buyers and sellers in international transactions is called?

A) Incoterms The International Commercial Terms
B) Uniform rules of the International Commercial Terms.
C) International terms of the International Chamber of Commerce (ICC).
D) International transactions of the International Chamber of Commerce (ICC).

5. A party that arranges for export and import movement of goods for shippers and consignees is a?

A) Freight consigner for import and export.
B) Foreign freight forwarder for import and export.
C) Freight transporter for import and export.
D) Freight managing LLC for import and export.

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