Ism passguide cpsm Core Passing Score by Neve q36 vce pdf

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

Question 76

Which of the following is MOST important to address in an exit plan when an organization Is transitioning to a new supplier?

Options:

Ensuring continuity of supply

Identifying how costs will be shared

Defining ownership and destruction of data

Determining how assets will be transferred or sold

Discussion

Question 77

Consider the following supplier terms for the same product:

Supplier A:2%/15, Net 30

Supplier B:4°/o/5, Net 30

Which supplier's terms are more advantageous to the buying organization?

Options:

Supplier B

Cannot be determined based on the above information

Supplier A

The terms are equivalent

Discussion

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Question 78

CBA Incorporated is an up-and-coming automobile manufacturer. CBA issues a request for proposal (RFP) for a supplier of a new radiator, to be designed by the supplier in accordance with specifications created by CBA. Two bidders are Interested: Supplier X, with whom CBA currently does business, and Supplier Y, who is new to CBA. The firm plans to make the chosen supplier a single source for all of CBA's radiators in return for collaborative design development and open book pricing, so that profit margins can be agreed to and set. The suppliers respond to the RFP, and Supplier X quotes a much higher price than Supplier Y. Given this situation, which of the following should CBA do?

Options:

Conduct a should cost analysis for the radiator and offer the contract to the supplier that can meet the cost and the design specifications

Contract with Supplier Y, as it is offering a lower price than Supplier X

Engage Supplier X in negotiations with senior management about the merits of a win-win strategy and the opportunities that CBA is offering in terms of volume

Inform Supplier X that the should cost price is the final offer, and terminate negotiations and source elsewhere if Supplier X refuses to accept the offer

Discussion

Question 79

The chief executive officer (CEO) of a candy company directs the firm to source, produce and market a line of organic clothing. The firm's internal stakeholders are not in agreement with the CEO. In this situation, which of the following courses of action should supply management take?

Options:

Create a steering committee

Poll external stakeholders for input

Select the best source of supply

Perform cost regression analysis (CRA)