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ISM CPSMB Exam Syllabus Topics:

SectionObjectives
Topic 1: Supply Management Core Knowledge- Procurement and sourcing fundamentals
- Category management principles
- Supply chain integration and operations
Topic 2: Leadership and Business Acumen- Financial and business analysis
- Risk management and decision-making
- Leadership in supply management
Topic 3: Compliance and Performance Management- Ethics and compliance in procurement
- Continuous improvement practices
- Supplier performance measurement
Topic 4: Sourcing and Category Strategy- Strategic sourcing processes
- Contracting and negotiation strategies
- Supplier evaluation and selection

ISM CPSM Bridge Sample Questions:

Under the auspice of developing an operating plan, very specific types of deterministic information are used. Which type of deterministic information includes the organizations seasonal elements, growth trends and market indicators?

  • A. Geopolitical elements
  • B. Magnitude
  • C. Industry elements
  • D. Historical elements
Reveal Solution  Discussion  0

Correct Answer: D  🗳️

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A supply management approach to identify the allowable price for a suppliers goods and services when selling price is subtracted from the profit is called?

  • A. Competitive cost supply management approach.
  • B. Target cost supply management approach.
  • C. Irrelevant cost supply management approach.
  • D. Should cost supply management approach.
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

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Some services and products which are custom made and may not have sharply defined specifications, capable suppliers, or developed statements of work, may be best purchased under negotiations. Products which have the same specifications are best purchased under competitive bidding because the suppliers follow what?

  • A. Detailed instructions in the manufacture of similar products.
  • B. ISO guidelines for production or manufacture.
  • C. Industry norms and standards.
  • D. Same product manufacturing processes
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Correct Answer: C  🗳️

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If the supply management professional was developing a value statement all of the following are critical areas to be considered with the exception of what? This includes treatment of suppliers, treatment of employees and?

  • A. Performance measurement
  • B. The allocation of scarce resources.
  • C. Hiring practices
  • D. Resource allocation capital vs. labor
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Correct Answer: B  🗳️

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Intellectual property is a form of legal risk which is also known as confidential and proprietary information.
Which description would be most appropriate for a patent?

  • A. Commercial information describing a plan, process, or mechanism which is only known by the owner and a limited number of others, and is commonly protected by a confidentiality agreement.
  • B. A monopoly created by law that gives the patent holder the sole right to make use or sell an article and prevent others from doing so without their permission.
  • C. An identifying label, symbol, or words which exclusively identify a product or service.
  • D. Protection provided by law for authors and creators of intellectual property providing for exclusive rights to publish.
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Correct Answer: B  🗳️

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