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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.
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The questions for INTE were last updated on Jan 19, 2025.
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UVX, Inc. is seeking suppliers of components to be used in a new heavy equipment product UVX is introducing in the marketplace. The firm conducts a market intelligence analysis and spend analysis to determine feasibility. These findings are reported to the company stakeholders, who decide to produce 25 units every two weeks. UVX issues a solicitation for bids and includes the stakeholders' requirements with the specifications.
At the close of the bidding process, UVX receives one offer that can deliver enough components to produce 15 units every four weeks. The remaining potential bidders decline altogether, citing an inability to meet UVX's specifications.
Which of the following should UVX have done in order to ensure a better response to the solicitation?
Early Supplier Involvement (ESI) is a practice where suppliers are included early in the product development process. This can help UVX, Inc. by providing the suppliers with ample time and in-formation to understand and meet the specifications and requirements. By involving suppliers ear-ly, UVX can also benefit from the suppliers' expertise in manufacturing, which may lead to better design decisions, cost savings, and improved product quality. In the scenario provided, had UVX engaged potential suppliers early on, they would have been better positioned to understand the challenges and constraints of the suppliers, potentially leading to more bids that meet the re-quirements. Reference:
* Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2015). Purchasing and Supply Chain Management. Cengage Learning.
* Cousins, P. D., Lamming, R., Lawson, B., & Squire, B. (2008). Strategic Supply Manage-ment: Principles, Theories and Practice. Pearson Education.
XYZ, Inc. is a manufacturer and distributor of fishing gear. XYZ relies on poorly-executed forecasts from its retail partners, which leads to exaggerated demand. This in turn leads to XYZ experiencing increased inventory, material handling concerns, and difficulties managing its accounts payable. Which of the following BEST describes what is occurring in this situation?
The situation describes the bullwhip effect, where poor forecasting by retail partners leads to exaggerated demand signals, causing inefficiencies like excess inventory and handling challenges. This effect is common in supply chains with inadequate communication and coordination. Reference: Supply chain management literature extensively discusses the bullwhip effect as a critical issue in demand forecasting and inventory management.
XYZ, Inc. is implementing a new automated system in its distribution center. The supply manager is developing measures to evaluate the success of the automated system pilot. Which of the following is the BEST metric to measure overall success of the pilot7
When evaluating the success of a new automated system pilot in a distribution center, it is essential to choose metrics that directly measure the efficiency and effectiveness of the system.
Impact on labor hours is the best metric to measure the overall success of the pilot. Automation aims to streamline operations, reduce manual labor, and increase productivity. By tracking the impact on labor hours, the supply manager can quantify the reduction in manual work, which directly correlates with the efficiency gains from the automated system.
Other metrics mentioned, such as:
Average cost of orders: While important, this metric may be influenced by several factors beyond the automation system.
Competitiveness of pricing: This is more relevant to market strategy and less to internal operational changes.
Adherence to forecasts: Useful but does not directly reflect the operational improvements from the automation.
Measuring labor hours provides a clear, tangible indication of the automation system's impact on operational efficiency, making it the most relevant and direct measure of the pilot's success.
'Warehouse & Distribution Science' by John Bartholdi and Steven Hackman
'Automation in Warehouse Development: Impact on Workforce and Productivity' by the International Journal of Production Research
Which of the following refers to a computer-based system that determines the purchase requisition requirements that go into the manufacture of end items, and addresses an organization's operational, financial and marketing strategies?
MRP II is a computer-based system that integrates operational, financial, and marketing strategies, expanding beyond material requirements planning (MRP) to include broader resource planning and management. Reference: MRP II frameworks are essential for aligning production with organizational objectives and market demands.
Which of the following requires investment recovery action'
Investment recovery focuses on recouping value from obsolete or excess inventory. Slow-moving materials often require such actions to minimize losses and free up resources. This practice is part of effective inventory management and resource optimization strategies.
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