Become ISM Certified with updated LEAD exam questions and correct answers
Two gourmet food companies merge, and the combined entity attains an increase in its market share. The firm
is considering an expansion of its product line, but material costs have risen and stock shortages are creating
problems which need to be resolved before any expansion takes place. The firm’s supply managers find that
no clear definition of responsibilities was outlined during the merger process for several commodity
categories. Which of the following did executive management fail to address?
After analyzing its relationships with other departments, supply management decides to revise its stocking
levels and order forecasting in order to streamline processes and reduce costs. Which of the following is the
BEST way for the supply management organization to introduce these changes to the departments involved?
A new buyer is hired, and over time the department supervisor notices the buyer's writing style is consistently
unprofessional. To improve the buyer's written communications, the supervisor edits several of the buyer's
memos, and returns them with a note as an example of how company communications should be written.
However, this does not result in any changes in the buyer’s writing style.
How should the supervisor rate the "written communication" portion of the buyer's performance review?
A firm's human resources (HR) department would like to expand a successful training program butdoes not
have funding to do so. The firm's supply manager believes that strategic sourcing of other HR spend categories
can reduce costs to provide funding for the training program. Which of the following influencing tactics
should the supply manager use FIRST in order to convince HR to employ strategic sourcing?
Which of the following requires a working knowledge of payback and net present value?
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