Become ISM Certified with updated CORE exam questions and correct answers
A director of supply management is tasked with determining where savings can be found in indirect cost
categories. If needed, the company will consider hiring additional staff to negotiate and administer contracts.
Which of the following is the FIRST step the supply manager should take?
Which of the following is the MOST important reason for supply management to share company business
plans with current and prospective suppliers?
According to the Law of Agency, a supply manager acting as an agent makes decisions and acts in whose
interest(s)?
A company's major supplier of sub-assemblies provides excellent quality and reasonable costs. However,
shipping delays and damage in transit make this supplier less reliable than desired. The supply manager would
like to retain this supplier if possible, but is concerned about the reliability issues. Given this situation, which
of the following is the BEST course of action for the supply manager to take?
A supply manager is trying to leverage spend on travel and meeting services for a series of conferences to be
held at various locations. The specifics of the conferences will vary according to
location and cultural considerations. The organization seeks the best solution to help the conferences succeed.
In this situation, which of the following will be MOST appropriate?
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