Last Updated: Aug 19, 2026
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| Section | Objectives |
|---|---|
| Leadership and Business Acumen | - Financial and business analysis - Leadership in supply management - Risk management and decision-making |
| Sourcing and Category Strategy | - Strategic sourcing processes - Contracting and negotiation strategies - Supplier evaluation and selection |
| Supply Management Core Knowledge | - Category management principles - Procurement and sourcing fundamentals - Supply chain integration and operations |
| Compliance and Performance Management | - Supplier performance measurement - Ethics and compliance in procurement - Continuous improvement practices |
1. MRPII simulation answers "what if questions". MRPII also links all of the following supply management functions EXCEPT.
A) Execution of support systems for capacity and materials.
B) Alternative sourcing requirements.
C) Capacity requirements planning.
D) Master production scheduling.
2. The ISM glossary defines an item that will never be used or sold at full value as _______________ inventory.
A) Recyclable supply management material.
B) Surplus supply management material.
C) Obsolete supply management material.
D) Damaged supply management material.
3. As the supply management professional coordinating the site visit it is your responsibility to
_______________ to review engineering, quality, finance and processes.
A) Create evaluations pre-audit for the team
B) Arrange transportation to and from the airport for the team
C) Have subject matter experts available
D) Develop criteria for the audit team
4. In benchmarking a project or process the planning stage involves 10 steps which step happens fourth?
A) Determine the performance gap.
B) Project future performance levels.
C) Establish functional goals.
D) Communicate benchmark findings and gain acceptance.
5. Timing and communication are very important in the implementation phase or rollout plan. Which of the following defines what should be performed on the timeline based on attributes of the spend category?
A) Key tasks
B) Primary person responsible (PPR)
C) Resource requirements
D) Milestones
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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