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ISM INTE Exam Syllabus Topics:

Topic	Details
Topic 1	Supply Chain Strategy: This section deals with how to develop and implement material or service standardization programs and implement requirements planning to align supply management activities with organizational strategy.
Topic 2	Logistics and Materials Management: This section covers knowledge of transportation modes, warehousing, and inventory management practices.
Topic 3	Quality Management: This section covers understanding and applying quality management principles throughout the supply chain.
Topic 4	Sales and Operations Planning (SOP): This section covers sales and Operations Planning, Demand Planning, and Forecasting.
Topic 5	Project Management: This section covers applying project management principles to supply management activities.

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ISM Supply Management Integration Sample Questions (Q142-Q147):

NEW QUESTION # 142
Which of the following forecasting methods is regarded as participatory7

A. Exponential smoothing
B. Sales force composite
C. Market research
D. Box-Jenkins

Answer: B

Explanation:
The sales force composite method is participatory, involving input from the sales team who provide forecasts based on their knowledge of customer needs and market trends. This method leverages the insights of those directly engaged with customers, enhancing the accuracy of demand forecasts.

NEW QUESTION # 143
XYZ, Inc. has experienced a significant increase in the number of expedited orders with a key supplier over the last few months. In this situation, XYZ should

A. determine the reasons for the ongoing expedited orders, identify the root cause, and take corrective action
B. raise the reorder point level of the products purchased from the supplier, so that XYZ will not be affected by any stock shortages
C. request that the supplier offer a discount on its products, as the expedited requests are a financial burden
D. contact a freight forwarder and sign a priority shipping agreement, so that XYZ can secure the expedited services

Answer: A

Explanation:
When experiencing a significant increase in expedited orders, the best course of action for XYZ, Inc. is to determine the reasons for these orders, identify the root cause, and take corrective action. This approach helps in addressing the underlying issues, whether they are related to demand fore-casting inaccuracies, production delays, or supply chain inefficiencies. By understanding and cor-recting the root cause, XYZ can prevent future expedited orders, reduce costs, and improve overall supply chain performance. References:
*Chopra, S., & Meindl, P. (2015). Supply Chain Management: Strategy, Planning, and Op-eration. Pearson.
*Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2015). Purchasing and Supply Chain Management. Cengage Learning.

NEW QUESTION # 144
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. 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
B. Use an e-commerce provider for the sale of the device using a revenue share and risk compliance model
C. Execute an online auction in the secondary market to resell the new devices and the remorse returns
D. Contract with a third-party specialist for the destruction of the returned assets and the resale of the raw materials that result

Answer: C

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 # 145
Which of the following is a key requirement of xRP7

A. Supplier consolidation
B. Should-cost data
C. Smoothing algorithms
D. Data integrity

Answer: D

Explanation:
Data integrity is essential for any extended Resource Planning (xRP) system. Accurate and reliable data ensures effective planning, decision-making, and resource allocation across the supply chain. Maintaining data integrity minimizes errors and supports overall operational efficiency.

NEW QUESTION # 146
In sourcing packaging for industrial purposes, which of the following will be MOST useful for monitoring price behavior?

A. Producer Price Index - Intermediate Materials
B. Consumer Price Index - All Items
C. Producer Price Index - Finished Goods
D. Consumer Price Index - All Items Less Food & Energy

Answer: A

Explanation:
The Producer Price Index for Intermediate Materials is most relevant for monitoring price behavior in industrial packaging, reflecting changes in production costs that affect supply chain economics. References:
Price index reports are essential tools for tracking market trends and making informed procurement decisions in industrial sectors.

NEW QUESTION # 147
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