CPSM Diagnostic Exam Newest 2025
Complete Questions And Correct
Answers (Verified Answers) |Already
Graded A+
A supply manager issues a request to proposal for engineering services. In order
to provide clarification on the specification on the specifications, the company
holds a question-and-answer session for interested suppliers. Shortly after the
question-and-answer session is held and before any proposals are actually
received, the firm's engineering department revises the specifications. Given
this situation, which of the following should the supply manager do FIRST?
(A) Call and email the suppliers of the change, tell them when the new
specifications will be available, and ask for immediate notification if additional
time will be required.
(B) Write a letter to each supplier advising of the change, tell each supplier when
the new specifications will be available, and ask for immediate notification if
additional time will be required.
(C) Hold an interim pre-bid meeting withal suppliers to discuss and clarify the
revised specifications, and ask for immediate notification if additional item will
be required.
(D) Prepare and distribute a brand-new request for proposal package to be sent
to each supplier.
(A) Call and email the suppliers of the change, tell them when the new
specifications will be available, and ask for immediate notification if additional
time will be required.
,A manufacturer of computer parts has recently experienced several supply
interruptions that are negatively impacting the ability of the firm to deliver
product to customers. Which of the following will be the MOST effec Live way
for supply management to reduce these interruptions?
(A) Terminate the contracts of the poorest performing suppliers
(B) Meet with key suppliers and strengthen product delivery service levels
(C) Work with internal business partners to find process efficiencies in order to
reduce time to market
(D) Work with engineering to modify product designs in order to allow other
suppliers to provide parts
(B) Meet with key suppliers and strengthen product delivery service levels
Company A receives prototype hinges from Supplier B. As part of the quality
testing process, the prototypes are
subjected to abuse and destroyed. Which of the following is TRUE in this
situation?
(A) Supplier B should have been required to sign a non-disclosure agreement.
(B) Company A should have been required to sign a non-disclosure agreement.
(C) Company A should have paid for the samples.
(D) Company A should return the samples.
(C) Company A should have paid for the samples.
A supply manager has several suppliers that use copper in the products they
manufacture. However, none of the
suppliers is a major buyer of copper. The supply manager decides to purchase
the copper on behalf of their
suppliers. Which of the following BEST describes this type of arrangement?
(A) Multi-tier purchasing agreement
(B) Process improvement
,(C) Risk management
(D) Supply chain management
(A) Multi-tier purchasing agreement
The design and management of seamless, value-added processing across
oganizational boundaries to meet the real needs of the end customer BEST
describes which of the following?
(A) Value analysis
(B) Supply chain management
(C) Early supplier involvement
(D) Just-in time
(B) Supply chain management
Which of the following BEST illustrates traditional buyer-supplier relationships?
(A) Responsiveness and flexibility
(B) Suppliers treated as partners
(C) Short-term relationships
(D) Willingness to take risks
(C) Short-term relationships
While preparing for a new product launch, a supply manager learns that a
component will require that the organization's research and development group
and the supplier's technical staff will need to work together to
implement a proprietary technology. The supply manager arranges for an
internal team to visit and assist the supplier in developing this component. The
supply manager is engaging in
(A) co-located engineering
(B) development cycle time reduction
(C) reverse marketing
(D) supplier mentorship
, (A) co-located engineering
When it becomes necessary to share trade secrets with suppliers, which of the
following actions provides the BEST
protection to the buying organization?
(A) Marking information as confidential
(B) Patenting critical ideas
(C) Requiring non-disclosure agreements
(D) Pursuing compensation for any disclosures
(C) Requiring non-disclosure agreements
XYZ Inc. maintains a successful supplier diversity program that tracks payments
to direct suppliers and mandates the inclusion of minority and women owned
businesses (M/WBEs) in all solicitations. Which of the
following is MOST likely to improve this program?
(A) Instituting procedures to include tracking tier-two and tier-three spend
(B) Ensuring that supply management professionals have supplier diversity goals
(C) Conducting a M/WB supplier trade show for internal customers
(D) Placing the existing program under periodic legal review
(A) Instituting procedures to include tracking tier-two and tier-three spend
Which of the following refers to programs designed to identify qualified targeted
firms and encourage them to become part of the supply base?
(A) Reciprocity
(B) Reverse marketing
(C) Supplier partnering
(D) Outreach
(D) Outreach
Which of the following is TRUE with regard to small/disadvantaged businesses?
Complete Questions And Correct
Answers (Verified Answers) |Already
Graded A+
A supply manager issues a request to proposal for engineering services. In order
to provide clarification on the specification on the specifications, the company
holds a question-and-answer session for interested suppliers. Shortly after the
question-and-answer session is held and before any proposals are actually
received, the firm's engineering department revises the specifications. Given
this situation, which of the following should the supply manager do FIRST?
(A) Call and email the suppliers of the change, tell them when the new
specifications will be available, and ask for immediate notification if additional
time will be required.
(B) Write a letter to each supplier advising of the change, tell each supplier when
the new specifications will be available, and ask for immediate notification if
additional time will be required.
(C) Hold an interim pre-bid meeting withal suppliers to discuss and clarify the
revised specifications, and ask for immediate notification if additional item will
be required.
(D) Prepare and distribute a brand-new request for proposal package to be sent
to each supplier.
(A) Call and email the suppliers of the change, tell them when the new
specifications will be available, and ask for immediate notification if additional
time will be required.
,A manufacturer of computer parts has recently experienced several supply
interruptions that are negatively impacting the ability of the firm to deliver
product to customers. Which of the following will be the MOST effec Live way
for supply management to reduce these interruptions?
(A) Terminate the contracts of the poorest performing suppliers
(B) Meet with key suppliers and strengthen product delivery service levels
(C) Work with internal business partners to find process efficiencies in order to
reduce time to market
(D) Work with engineering to modify product designs in order to allow other
suppliers to provide parts
(B) Meet with key suppliers and strengthen product delivery service levels
Company A receives prototype hinges from Supplier B. As part of the quality
testing process, the prototypes are
subjected to abuse and destroyed. Which of the following is TRUE in this
situation?
(A) Supplier B should have been required to sign a non-disclosure agreement.
(B) Company A should have been required to sign a non-disclosure agreement.
(C) Company A should have paid for the samples.
(D) Company A should return the samples.
(C) Company A should have paid for the samples.
A supply manager has several suppliers that use copper in the products they
manufacture. However, none of the
suppliers is a major buyer of copper. The supply manager decides to purchase
the copper on behalf of their
suppliers. Which of the following BEST describes this type of arrangement?
(A) Multi-tier purchasing agreement
(B) Process improvement
,(C) Risk management
(D) Supply chain management
(A) Multi-tier purchasing agreement
The design and management of seamless, value-added processing across
oganizational boundaries to meet the real needs of the end customer BEST
describes which of the following?
(A) Value analysis
(B) Supply chain management
(C) Early supplier involvement
(D) Just-in time
(B) Supply chain management
Which of the following BEST illustrates traditional buyer-supplier relationships?
(A) Responsiveness and flexibility
(B) Suppliers treated as partners
(C) Short-term relationships
(D) Willingness to take risks
(C) Short-term relationships
While preparing for a new product launch, a supply manager learns that a
component will require that the organization's research and development group
and the supplier's technical staff will need to work together to
implement a proprietary technology. The supply manager arranges for an
internal team to visit and assist the supplier in developing this component. The
supply manager is engaging in
(A) co-located engineering
(B) development cycle time reduction
(C) reverse marketing
(D) supplier mentorship
, (A) co-located engineering
When it becomes necessary to share trade secrets with suppliers, which of the
following actions provides the BEST
protection to the buying organization?
(A) Marking information as confidential
(B) Patenting critical ideas
(C) Requiring non-disclosure agreements
(D) Pursuing compensation for any disclosures
(C) Requiring non-disclosure agreements
XYZ Inc. maintains a successful supplier diversity program that tracks payments
to direct suppliers and mandates the inclusion of minority and women owned
businesses (M/WBEs) in all solicitations. Which of the
following is MOST likely to improve this program?
(A) Instituting procedures to include tracking tier-two and tier-three spend
(B) Ensuring that supply management professionals have supplier diversity goals
(C) Conducting a M/WB supplier trade show for internal customers
(D) Placing the existing program under periodic legal review
(A) Instituting procedures to include tracking tier-two and tier-three spend
Which of the following refers to programs designed to identify qualified targeted
firms and encourage them to become part of the supply base?
(A) Reciprocity
(B) Reverse marketing
(C) Supplier partnering
(D) Outreach
(D) Outreach
Which of the following is TRUE with regard to small/disadvantaged businesses?
