Pass Guaranteed Quiz Reliable ISM - INTE - Supply Management Integration Valid Exam Question

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ISM INTE Exam Syllabus Topics:

Topic	Details
Topic 1	Project Management: This section covers applying project management principles to supply management activities.
Topic 2	Sales and Operations Planning (SOP): This section covers sales and Operations Planning, Demand Planning, and Forecasting.
Topic 3	Quality Management: This section covers understanding and applying quality management principles throughout the supply chain.
Topic 4	Logistics and Materials Management: This section covers knowledge of transportation modes, warehousing, and inventory management practices.
Topic 5	Supply Chain Strategy: This section deals with how to develop and implement material or service standardization programs and implement requirements planning to align supply management activities with organizational strategy.

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Just only dozens of money on ISM INTE latest study guide will assist you pass exam and 24-hours worm aid service. These ISM INTE test questions will help you secure the ISM INTE credential on the first attempt. We are aware that students face undue pressure during the ISM INTE certification exam preparation.

ISM Supply Management Integration Sample Questions (Q136-Q141):

NEW QUESTION # 136
When executing a new project, which of the following is MOST important to a smooth transition?

A. Technological skills
B. Continuous improvement
C. Change management
D. Collaboration

Answer: C

Explanation:
Change management is crucial for smooth transitions in projects. It addresses the human and organizational aspects of change, ensuring stakeholder buy-in and reducing resistance. Effective change management facilitates successful implementation and integration of new initiatives. Reference: Kotter, J. P. (1996).
Leading Change.

NEW QUESTION # 137
A manufacturer must work to reduce cost of goods sold (COGS) to achieve profit objectives and remain competitive in a tight market. The manufacturer has long standing relationships with its main suppliers and a strong supply management department that conducts periodic reviews with the suppliers. Nevertheless, the manufacturer is not hitting targets. Which of the following is the BEST course of action for supply management to undertake in order to initiate improvements?

A. Continue to operate as usual, as manufacturing and operations must focus on labor cost reduction to best impact COGS
B. Demand each supplier provide price concessions regardless of contract terms, as it is a tight market
C. Conduct a workshop with suppliers and internal stakeholders, focusing on sustainable improvements and goal alignment
D. Retender the contracts representing the main cost drivers in order to maximize COGS reduction

Answer: C

Explanation:
Workshops facilitate collaboration and innovation, addressing cost drivers comprehensively and fostering alignment on sustainability and cost reduction goals. Reference: Bowersox, D. J., Closs, D. J., & Cooper, M.B. (2013). Supply Chain Logistics Management.

NEW QUESTION # 138
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?

A. Renegotiate pricing with current service suppliers
B. Revise the company's standard contract template for all of its services
C. Convert cost reimbursable contracts into fixed prices
D. Establish progress milestones and monitoring for existing contracts

Answer: D

Explanation:
Establishing progress milestones and monitoring allows the company to track performance and address issues promptly, reducing delays and cost overruns. It provides clear checkpoints and accountability in service contracts. References: Effective contract management involves setting measurable milestones to ensure timely and cost-effective project completion.

NEW QUESTION # 139
A manufacturer has historically ordered fasteners utilizing monthly fixed order quantities. The firm wishes to explore the feasibility of using economic order quantity (EOQ), and determines that the EOQ is less than the supplier's quoted price break. Which of the following is the BEST course of action for the firm to take?

A. Compare the price break to the carrying cost of buying at the economic order quantity
B. Place orders using the economic order quantity
C. Negotiate a new contract with the supplier to modify price breaks
D. Implement a Vendor Managed Inventory program with the supplier to transfer carrying costs

Answer: A

Explanation:
Comparing the price break to the carrying cost of buying at the economic order quantity is essential. This analysis will help the firm determine the most cost-effective purchasing strategy by weighing the benefits of the price break against the costs associated with holding additional inventory. Reference: Inventory management and cost analysis.

NEW QUESTION # 140
A firm collects the following forecasted and actual demand for a certain part:
PeriodForecastActual
KI30311
22531
32826
42520
What is the absolute value of the forecast error?

A. Cannot be determined from above information
B. 14;
C. 0
D. 1

Answer: B

Explanation:
The absolute value of the forecast error is calculated as the average of the absolute differences between forecasted and actual demand. Calculating each period: |30-31| + |25-31| + |28-26| + |25-20| = 1 + 6 + 2 + 5 =
14. Therefore, the absolute value of the forecast error is 14. Reference: Demand forecasting and error measurement techniques.

NEW QUESTION # 141
......

Holding a INTE certification in a certain field definitely shows that one have a good command of the INTE knowledge and professional skills in the related field. However, it is universally accepted that the majority of the candidates for the Supply Management Integration exam are those who do not have enough spare time and are not able to study in the most efficient way. Our INTE Study Materials sove this problem perfectly for you with high-efficience and you will know if you can just have a try!

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Pass Guaranteed Quiz Reliable ISM - INTE - Supply Management Integration Valid Exam Question

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ISM Supply Management Integration Sample Questions (Q136-Q141):

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