Ism surepassexam free Inte Questions Attempt by Renesmae q167 vce pdf

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Exam Name:	Supply Management Integration
Exam Code:	INTE Dumps
Vendor:	ISM	Certification:	CPSM
Questions:	167 Q&A's	Shared By:	renesmae

Question 44

A company finds that delays and cost overruns are creating problems in its service contracts. To improve this situation, which of the following should the firm do FIRST?

Options:

Renegotiate pricing with current service suppliers

Convert cost reimbursable contracts into fixed prices

Revise the company's standard contract template for all of its services

Establish progress milestones and monitoring for existing contracts

Discussion

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Question 45

A supply manager receives four bids for a special piece of equipment. The equipment is large and does not fit into a normal sea container. The bids are as follows:

Supplier 1Supplier 2Supplier 3Supplier 4

Bid$2,110,000$2,105,000$2,110,000$2,115,000

Incoterms® 2020 RuleGIFDPUFCAFAS

The costs of transportation, included within each bid price, are as follows:

Responsibility for Payment to CarrierTransfer of Risk to BuyerCost of Transportation

Supplier, before goods are loaded onto vessel: purchaser thereafterAlongside vessel nominated by purchaser$50,000

Supplier to named port of destination: purchaser thereafterOnce goods have been loaded onto the vessel$55,000

Supplier to named place of destination once unloaded: purchaser thereafterOnce goods have been unloaded at named place of destination540,000

PurchaserWhere goods are loaded onto the collecting vehicle$30,000

The supply manager has taken account the firm's risk profile and wishes to use FCA for its Incoterms® 2020 rules. Adjusting the pricing in the tenders to reflect this, which supplier should be awarded the contract (based on the lowest price)?

Options:

Supplier 4

Supplier 2

Supplier 1

Supplier 3

Discussion

Question 46

XYZ, Inc. notices that one of its suppliers has been failing to achieve on-time delivery, even though XYZ sends it a 6-month projected order forecast every month. The supplier claims that it takes nine months to receive important raw materials, and that this causes the poor delivery performance. Nevertheless, XYZ must continue purchasing from this supplier, as it is a sole supplier. Given this situation, which of following is the BEST course of action for XYZ to take?

Options:

Send the 6-month forecast data weekly instead of monthly to the supplier, and request it purchase raw materials based on the projections

Request that the supplier submit an open order report on a weekly basis with details on the latest shipment status

Discuss the issue with engineering to determine if the firm can use different raw materials to manufacture the product

Extend the forecast timeline from six months to one year, and request the supplier purchase raw materials based on the projections