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ISM CORE Dumps

Exam Code:
CORE
Exam Name:
Supply Management Core Exam
Last Update: Jul 16, 2024
312 Questions with Explanation
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Supply Management Core Exam Practice Questions

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Supply Management Core Exam Questions and Answers

Questions 1

XYZ Company asks a specialized fastener supplier for its help in choosing a fastener for a new product. The supplier recommends its proprietary part for the application. After several months of production, many field issues are reported due to loose fasteners. The supplier refuses to take responsibility, claiming that the blame lies with XYZ. In this situation, which of the following is TRUE?

Options:

A.

Implied warranties such as fitness for intended purpose cannot be waived, and therefore XYZ is protected.

B.

XYZ Is the product owner and therefore has sole responsibility and no recourse.

C.

XYZ is protected under implied warranty for intended purpose, as the supplier knew the planned use and was relied upon for expertise.

D.

As the requirement for the fastener to hold is not clearly described in the product specifications, XYZ has no recourse.

Questions 2

Which of the following Is a strategic deliverable whereby proactive steps are identified in order to execute tactical-level actions within the sourcing process?

Options:

A.

Supplier forum

B.

Category management plan

C.

Benchmarking

D.

Business review

Questions 3

A company creates a corporate sourcing team with category management responsibilities. Previously, the firm had no dedicated sourcing staff, and all procurement was decentralized and transactional. The sourcing team is ready to commence its initial project. Which of the following should the team do FIRST?

Options:

A.

Assign a project lead

B.

Determine whom to engage

C.

Assemble subject matter experts

D.

Deliver the project charter