CPSM ExaM 2 NEwESt 2025/2026 with CoMPlEtE QuEStioNS
aNd CorrECt aNSwErS |alrEady GradEd a+||BraNd NEw
VErSioN!
Two-by-two matrix - ANSWER-Low to high profit margin and supply risk. Items
categorized as strategic, routine, bottleneck, and leverage
Leverage items - ANSWER-Large volume purchases
Unit cost important
Can find substitutes
Many suppliers available
Bottleneck items - ANSWER-Unique requirements
Suppliers technology critical
Scarce source of supply
Difficult to substitute
Difficult to forecast usage
Strategic items - ANSWER-Continuous usage
Unique specifications
Supplier tech critical
Few suppliers available
Difficult to substitute
, Win-win partnership
Process mapping - ANSWER-Define and understand organization's processes
Process improvement methods - ANSWER-Six Sigma, lean operations
Lean supply management - ANSWER-TPS Toyota Production System
Optimize size of supply base and then work collaboratively with key
suppliers on product/service development. Focus on total cost of ownership,
continuous improvement with customer focus.
Value stream mapping - ANSWER-Transformation of materials is traced from
beginning to end to determine if there is any waste in process-no value add
or waiting time
Two common forms of risk analysis - ANSWER-Decision tree and two-by-two
portfolio matrix
Lean tools - ANSWER-Just in time, small lot sizes, short setup times, 5S system
Project process groups - ANSWER-Initiating, planning, executing, monitoring and
control, closing
SWOT analysis - ANSWER-Internal and external forces. Strengths, weaknesses,
opportunities, threats
aNd CorrECt aNSwErS |alrEady GradEd a+||BraNd NEw
VErSioN!
Two-by-two matrix - ANSWER-Low to high profit margin and supply risk. Items
categorized as strategic, routine, bottleneck, and leverage
Leverage items - ANSWER-Large volume purchases
Unit cost important
Can find substitutes
Many suppliers available
Bottleneck items - ANSWER-Unique requirements
Suppliers technology critical
Scarce source of supply
Difficult to substitute
Difficult to forecast usage
Strategic items - ANSWER-Continuous usage
Unique specifications
Supplier tech critical
Few suppliers available
Difficult to substitute
, Win-win partnership
Process mapping - ANSWER-Define and understand organization's processes
Process improvement methods - ANSWER-Six Sigma, lean operations
Lean supply management - ANSWER-TPS Toyota Production System
Optimize size of supply base and then work collaboratively with key
suppliers on product/service development. Focus on total cost of ownership,
continuous improvement with customer focus.
Value stream mapping - ANSWER-Transformation of materials is traced from
beginning to end to determine if there is any waste in process-no value add
or waiting time
Two common forms of risk analysis - ANSWER-Decision tree and two-by-two
portfolio matrix
Lean tools - ANSWER-Just in time, small lot sizes, short setup times, 5S system
Project process groups - ANSWER-Initiating, planning, executing, monitoring and
control, closing
SWOT analysis - ANSWER-Internal and external forces. Strengths, weaknesses,
opportunities, threats
