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ISM Updated CORE Exam Questions and Answers by elowen

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ISM CORE Exam Overview :

Exam Name: Supply Management Core Exam
Exam Code: CORE Dumps
Vendor: ISM Certification: CPSM
Questions: 312 Q&A's Shared By: elowen
Question 64

A state university is looking to purchase equipment to scan books and manuscripts into a digital format. Several variations of this equipment exist in the marketplace, and the university has not decided which format is best for their needs. There is also a possibility that the cost for additional storage requirements will be shared with the state. Given this situation, which of the following is the FIRST course of action the university should take?

Options:

A.

Issue a Request for Information (RFI)

B.

Negotiate an agreement with the state government to share storage costs

C.

Issue a Request for Proposal (RFP)

D.

Conduct a joint suppliers' conference with the state government

Discussion
Question 65

A supply manager Is conducting the following activities:

•Mapping between category codes and category maps

•Normalizing supplier information

•Performing supplier mapping

•Refining mapping with financial systems data

Which of the following is the supply manager engaged in?

Options:

A.

Risk analysis

B.

Spend analysis

C.

Market analysis

D.

Cost/price analysis

Discussion
Question 66

A supply manager ensures that each stage of the negotiation process is documented, beginning with the preparations for the negotiation. What is the PRIMARY purpose of maintaining such information?

Options:

A.

To identify weaknesses in the supplier's position

B.

To clarify specifications and performance expectations

C.

To provide justification for any concessions made

D.

To ensure team members have accurate data

Discussion
Question 67

A supply manager is developing a request for proposal (RFP) for travel agency services. The firm’s travel manager has a short list of requirements that have served the company well in the past. However, the vice president (VP) of sales wants frequent fliers from the sales team to be given special status. The travel manager is concerned these additional requirements will limit competition and result in a less favorable deal. In which of the following ways can the supply manager BEST resolve this situation?

Options:

A.

Encourage the travel manager to defer to the VP of sales due to the VP's higher rank

B.

Inform the sales department that the travel office is ultimately responsible for determining the contract requirements

C.

Escalate the issue to executive management, and request that they meet with the sales department and travel office to develop a solution

D.

Structure the RFP to include pass/fail and non-mandatory scored requirements, and have stakeholders assign needs and wants accordingly

Discussion
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