Latest PDF of CPSM: Certified Professional in Supply Management (CPSM) 2024

Certified Professional in Supply Management (CPSM) 2024 Practice Test

CPSM Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

CPSM is globally recognized as the gold standard of excellence for supply management professionals, in both the manufacturing and non-manufacturing sectors. Built on an in-depth analysis of supply management functions across industries, the program addresses the realities of supply management, as well as workplace complexities including globalization, use of technology, and expanded competencies that procurement and supply chain professionals employ to drive value in their organizations.

By earning a CPSM designation, you attain a greater understanding of end-to-end supply management and are better positioned to positively impact your organization.

CPSM emphasizes the major competencies of supply management including:

- Sourcing
- Category Management
- Negotiation
- Legal and Contractual
- Supplier Relationship Management
- Cost and Price Management
- Financial Analysis
- Supply Chain Strategy
- Sales and Operations Planning
- Quality Management
- Logistics and Material Management
- Project Management
- Leadership and Business Acumen
- Systems Capability and Technology
- Risk and Compliance
- Corporate Social Responsibility

CPSM candidates have demonstrated knowledge of the cross-functional skills that enable them to contribute value and lead their organization in today's global economy. CPSM emphasizes major segments of the supply management profession, all critical to their employer's success. They demonstrate a dedication to their profession and to continuous professional development. Senior supply management executives often find value in using CPSM certification as a development tool for their entire organization, to ensure that everyone shares a common understanding of the skills required by the profession.

Built on an in-depth analysis of supply management functions across industries, the CPSM program addresses the realities of supply management, as well as workplace complexities as globalization, use of technology, and expanded competencies that supply management professionals employ to drive value in their organizations.

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ISM
CPSM
Certified Professional in Supply Management (CPSM)(Foundation)
https://killexams.com/pass4sure/exam-detail/CPSM
QUESTION: 113
A one-way system with incoming goods flowing to the left of the entry and into one of
three storage areas, depending on usage is the:
the
warehouse
. A Inverted T
B. Cross-flow warehouse
C. Inverted U warehouse
D. Through-flow warehouse
Answer: B
QUESTION: 114
A pick module is a type of mechanized system used to:
. A to pick both bulk items and single items
B. to pick only bulk items
C. to pick only single items
D. None of the above
Answer: A
QUESTION: 115
A valid concept of connectedness that allows an organization to maintain a high level of
system is the:
confidence in its distribution
. A Commodity warehouse
B. Allocation warehouse
C. Virtual warehouse
D. Implicit warehouse
Answer: C
QUESTION: 116
What includes all activities that occur after a product is finished, including distribution
selection, product order response and the return of goods?
A. Operational management
B. Logistics management
C. Core management
D. Practical management
31
Answer: B
QUESTION: 117
Independent organizations that design and manage some or all of an organization�s
l og istical een d s are known :as
. A Third-party logistics
B. Freight forward logistics
C. Maintenance logistics
D. Global logistics
Answer: A
QUESTION: 118
Third parties who act as intermediaries between buyer and seller are known as:
. A Dealer
B. Brokers
C. Negotiator
D. Agent
Answer: B
QUESTION: 119
Who retain experts in global shipping to assist smaller organizations that do not have the
necessary experience or expertise?
. A Global trade fleet
B. Global third parties
C. Foreign freight forwarders
D. Global shipping and inspections
Answer: C
QUESTION: 120
Which of
the following is NOT the group of International Commercial Terms?
. A Group E
B. Group F
C. Group C
D. Group K 32
Answer: D
QUESTION: 121
Terms where the seller is responsible for delivering the goods to a carrier named by the
buyer is the:
. A Group E
B. Group F
C. Group C
D. Group K
Answer: B
QUESTION: 122
The supply management professional may use which mean to resolve the logical
conflicts?
. A Litigation
B. Negotiation
C. Acceptance
D. All of the above
Answer: D
QUESTION: 123
When both parties end a negotiation feeling content with what they have bargained, this
is referred to
as:
. A Procurement scheme
B. win-win proposition
C. Superior intention
D. Disputed proposal
Answer: B
QUESTION: 124
Organizations that perform freight auditing are called:
. A Traffic consultants
B. Auditing consultants 33
C. Transportation consultants
D. Service consultants
Answer: A
QUESTION: 125
Which of the following is the area of concern to logistics?
. A Inventory
B. Transportation
C. Customer service
D. All of the above
Answer: D
QUESTION: 126
A measure of velocity of total inventory movement through the organization, found by
dividing annual sales by the average aggregate inventory value maintained during the
year is
called:
. A Inventory proceeds
B. Inventory turnover
C. Inventory yield
D. Inventory return
Answer: B
QUESTION: 127
The costs of logistics services should be determined; these costs plus an added value or
markup becomes the:
. A Transfer price
B. Productivity cost
C. Operational price
D. Professional supply cost
Answer: A
QUESTION: 128
A scoreboard is simply a form of performance measurement and management that
records the ratings from a performance evaluation process.
34
. A True
B. False
Answer: A
35
/( 48(67,216

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Up-to-date Syllabus of Certified Professional in Supply Management (CPSM) 2024

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Certified Professional in Supply Management (CPSM) 2024 Practice Test

CPSM Exam Format | Course Contents | Course Outline | Exam Syllabus | Exam Objectives

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CPSM PDF Sample Questions

CPSM Sample Questions

Killexams VCE Exam Simulator 3.0.9

Free Test Prep of CPSM exam direct download link

Latest 2024 Updated CPSM Real Exam Questions

Up-to-date Syllabus of Certified Professional in Supply Management (CPSM) 2024

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