Trusted Worldwide Questions & Answers
Most Recent ISM INTE Exam Dumps
Prepare for the ISM Supply Management Integration exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.
QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the ISM INTE exam and achieve success.
The questions for INTE were last updated on Feb 18, 2025.
- Viewing page 1 out of 33 pages.
- Viewing questions 1-5 out of 167 questions
A product has the following characteristics:
COGS $1,000,000
Starting Inventory 20,000
Ending Inventory 10,000
What is the inventory turnover of this item'
Inventory turnover is calculated as COGS divided by the average inventory. Using the provided values: COGS ($1,000,000) and average inventory ((20,000 + 10,000) / 2), the turnover ratio is 50. This metric is crucial for assessing inventory management efficiency, indicating how often inventory is sold and replaced over a period.
A company is designing a new warehousing strategy. The firm wants to hire the most qualified personnel, utilize the best technology, and minimize the repetition of inventory across operations. Which of the following warehousing strategies will be BEST suited toward attaining the organization's goals?
A centralized warehousing strategy minimizes the repetition of inventory across locations, optimizing resource utilization and technology use. It facilitates hiring qualified personnel and streamlining operations, which aligns with the firm's goals of efficiency and effectiveness in warehousing.
A large retailer and one of its suppliers establish a process to combine intelligence from both organizations in order to improve product availability while reducing inventory, transportation, and logistics costs. This process is known as which of the following?
The process described is Collaborative Planning, Forecasting and Replenishment (CPFR), which involves both the retailer and supplier working together to improve product availability and reduce costs associated with inventory, transportation, and logistics. Reference: CPFR is a widely adopted strategy in supply chain management to enhance collaboration and optimize the supply chain.
A manufacturer is working to standardize high-volume, low-cost hardware components used in its assembly process. The manufacturer wants to transfer some of the risks associated with inventory carrying costs, warehousing costs, and re-stocking costs to the supplier. Which of the following will be MOST useful in accomplishing this goal?
Selection of a supplier takes place during which of the following phases of the project management process?
In project management, supplier selection typically occurs during the project planning phase. This phase involves defining the project's scope, setting objectives, and identifying necessary resources, including suppliers. Reference to the PMBOK Guide support that procurement planning and supplier selection are integral components of project planning.
Unlock All Questions for ISM INTE Exam
Full Exam Access, Actual Exam Questions, Validated Answers, Anytime Anywhere, No Download Limits, No Practice Limits
Get All 167 Questions & Answers