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| Section | Objectives |
|---|---|
| CPSM Bridge Exam Content Areas | - Supply Chain Management and Operations
|
1. The activities of an organization can be divided into three groups. Ancillary activities can BEST be defined as?
A) Activities which determine need
B) Activities required to operate but are sufficiently generic across most organizations
C) The source of an organizations differentiation in the marketplace
D) Activities that are necessary to realize an organizations value add
2. In order to effectively manage risks, the supply management professional must conduct risk planning which includes confirming the current state of the organization as well as conducting impact assessments.
If the supply management professional was developing a comprehensive list of risks which step of risk planning are they performing?
A) Valuation phase of risk planning
B) The probability estimation phase of risk planning
C) The scope phase of risk planning
D) The Identification phase of risk planning
3. When managing transportation of goods, truck transportation shipments are reliable with minimal damage and flexibility however; it is not the cheapest nor the fastest mode of transportation. When trucking is used two categories exist Truckload and?
A) Less-than-truckload delivery.
B) Remaining-truckload delivery.
C) Partial-truckload delivery.
D) Half-truckload delivery.
4. Supply management professionals must understand the legal and regulatory requirements necessitating a good storage system for paper and data management of their organizations supply management information. The Uniform Commercial Code and many of the trade acts require documentation of activities the organization participates in. How long is a purchase order required to be kept after the contract terminates to conform with the statute of limitations?
A) Thirty Years
B) Five Years
C) Six Years
D) Seven Years
5. Project initiation includes obtaining the necessary approvals for a project to facilitate a new process. In the initiation stage the main supply management activities include all of the following EXCEPT.
A) Determining a funding source.
B) Obtaining project authorization.
C) Determining the feasibility of a project.
D) Identifying needs or defining the problem.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: D | Question # 3 Answer: A | Question # 4 Answer: C | Question # 5 Answer: A |
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