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ISM CORE Exam With Confidence Using Practice Dumps

Exam Code:
CORE
Exam Name:
Supply Management Core Exam
Certification:
Vendor:
Questions:
312
Last Updated:
Jul 18, 2025
Exam Status:
Stable
ISM CORE

CORE: CPSM Exam 2025 Study Guide Pdf and Test Engine

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Supply Management Core Exam Questions and Answers

Question 1

TUV Inc., a small manufacturing firm, hopes to rebuild its customer base and return to profitability after a period of losing market share. Negotiations with a key supplier will be an important factor in this turnaround if target costs and pricing can be worked out.

Given this situation, which of the following would create the MOST challenging constraints In negotiations?

Options:

A.

Demand for the supplier's products from competitors

B.

Need for flexible delivery schedules

C.

Troubled financial history of TUV

D.

Unpredictable future volume

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Question 2

FGH, Inc. has purchased components from Supplier A for many years. The supplier's performance has been very good, with reliable deliveries and consistently high quality. As contract renewal approaches, Supplier A informs FGH's supply manager that a significant price increase is anticipated, based primarily on the costs of building a new production facility. The supply manager has been directed to negotiate a new contract with Supplier A only if it agrees to maintain current pricing. Which of the following is the BEST way for the supply manager to prepare for negotiations with Supplier A?

Options:

A.

Determine if the parts made by Supplier A can be produced elsewhere

B.

Discuss alternate product designs with engineering

C.

Enlist FGH's executive management to participate in negotiations

D.

Research into whether Supplier A's recent expansion costs are reasonable

Question 3

A local utility's supply manager is preparing a solicitation to select a contractor to construct a controlling station for the utility's main plant. Construction must begin within four months and be completed in a year or less, as delays in bringing the new station online could cause serious losses for the utility. Which of the following will be MOST effective in monitoring performance and ensuring timely completion?

Options:

A.

Specifying high consequential damages for failure to complete the project in a timely manner

B.

Ensuring that the scope of work is clear, to minimize misunderstandings

C.

Requiring milestones, progress reports, and liquidated damages for noncompliance

D.

Including a strong for-cause termination clause