QUIZ 2025 USEFUL ISM INTE: SUPPLY MANAGEMENT INTEGRATION LATEST EXAM LABS

Quiz 2025 Useful ISM INTE: Supply Management Integration Latest Exam Labs

Quiz 2025 Useful ISM INTE: Supply Management Integration Latest Exam Labs

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ISM Supply Management Integration Sample Questions (Q29-Q34):

NEW QUESTION # 29
A company purchases raw materials from a domestic supplier that offers competitive overland transportation rates. The firm requires the goods be delivered to its manufacturing plant. Which of the following Incoterms
2020 rules should be used if the firm wants risk to transfer at the manufacturing plant?

  • A. CIP
  • B. FCA
  • C. DAP
  • D. FOB

Answer: C

Explanation:
DAP (Delivered at Place) specifies that the seller bears all risks and costs until the goods are delivered to the specified location, in this case, the manufacturing plant. This ensures risk transfer at the point of delivery.
Reference: Incoterms 2020 by ICC.


NEW QUESTION # 30
A supplier of aircraft seating receives a forecast from a major aircraft manufacturer. The forecast information is considered confidential, and thus the supplier must sign a Non-Disclosure Agreement (NDA). Given this situation, which of the following is MOST likely to be protected by the NDA?

  • A. The time frame expected for completion
  • B. The name of the end customer submitting the request for bid
  • C. The number of aircraft anticipated to be built
  • D. The start date of the project

Answer: C

Explanation:
The number of aircraft anticipated to be built is most likely to be protected by the NDA. This information is sensitive as it relates directly to production forecasts and potential market demand, which can impact competitive positioning and business strategy.


NEW QUESTION # 31
A cell phone retailer experiences excess inventory of a particular model due to errors in demand forecasting.
In addition, remorse returns of this model are greater than anticipated. Which of the following is the BEST course of action the company can take to recover value from these assets?

  • A. Use an e-commerce provider for the sale of the device using a revenue share and risk compliance model
  • B. Deploy a permanent e-commerce platform for the sale of the assets, as this will be useful for any future instances of excess and remorse return
  • C. Contract with a third-party specialist for the destruction of the returned assets and the resale of the raw materials that result
  • D. Execute an online auction in the secondary market to resell the new devices and the remorse returns

Answer: D

Explanation:
Conducting an online auction is an effective strategy for rapidly liquidating excess inventory and remorse returns. This approach maximizes recovery value by reaching a broad audience of potential buyers in the secondary market, addressing inventory concerns promptly and efficiently.


NEW QUESTION # 32
Which of the following is MOST likely to be an advantage of a standardization program?

  • A. Creation of new supplier relationships
  • B. Reliance on fewer suppliers
  • C. Consistent quality
  • D. Improved supplier flexibility

Answer: C

Explanation:
Standardization ensures that products meet uniform quality standards, reducing variability and enhancing customer satisfaction. This advantage is vital in maintaining brand reputation and streamlining production processes.


NEW QUESTION # 33
PQR, Inc. produces office supplies for big box retailers. This is a highly competitive market and the requirement for maintaining a continuous inventory of product for retailers is a high priority for PQR.
Recently, the firm experienced shipping delays from overseas suppliers. Which of the costs associated with shortages would be MOST critical for PQR?

  • A. Lost sales
  • B. Idle workers
  • C. Production downtime
  • D. Expedited shipping

Answer: A

Explanation:
In a highly competitive market like office supplies, the most critical cost associated with shortag-es is typically lost sales. If PQR, Inc. experiences shipping delays and cannot maintain continuous inventory, customers are likely to turn to competitors to meet their needs. This can result in im-mediate lost sales and potentially long-term loss of customer loyalty. The cost of lost sales often outweighs other costs like idle workers or production downtime because it directly affects revenue and market share. References:
*Chopra, S., & Meindl, P. (2015). Supply Chain Management: Strategy, Planning, and Op-eration. Pearson.
*Christopher, M. (2016). Logistics & Supply Chain Management. Pearson UK.


NEW QUESTION # 34
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