Online Access Free CPSMB Exam Questions

In benchmarking a project or process the planning stage involves 10 steps which step happens eighth?

• A.Establish functional goals.
• B.Develop action plans.
• C.Recalibrate benchmarks.
• D.Implement specific actions and monitor progress.

Typically the supply management professional will have sufficient time for competitive bidding. If increased urgency is required the supply management professional will resort to?

• A.Rapid ordering system for acquisition.
• B.Negotiation for best price best/product service.
• C.Succession bidding where the first bidder to supply wins the awards of the contract.
• D.FIRST IN delivery which is the fastest form.

Supply management functions are increasingly important in relation to organizational budgeting, objectives, staffing, and policy. Supply management professionals must include the elements of organizational composition which include all of the following EXCEPT.

• A.An environment within which the smaller parts have a greater effect than the total.
• B.An environment within which the whole is greater than the sum of its parts.
• C.An environment where each are as measured separately.
• D.An environment in which the whole is only compared to benchmarks.

Analyzing and resolving issues identified in supply management will require all of the following EXCEPT.

• A.Measurement of change initiatives.
• B.Validation of current policies and procedures.
• C.Performing the supply management audit.
• D.Prevention of mistakes and problems.

As the supply management professional which of the following is of least importance?

• A.The supplier has a formal safety program.
• B.The supplier never has accidents.
• C.The supplier continually reviews subcontractor safety policies.
• D.The supplier has a formal accident tracking system.