CPSM Exam 2 Practice Questions - CPSM Exam 2 - Supply Management Integration Exam - CPSM Exam 2 Practice Questions - CPSM Exam 2

Question 1

A supply manager is developing a category strategy for indirect spend on facilities maintenance. Which first step BEST establishes the foundation for a multi-year category plan?

Issue an RFP to the three largest incumbent suppliers Conduct a spend analysis to understand current expenditure, supplier count, and sub-categories Negotiate a price freeze with the primary incumbent Outsource facilities management to a fourth-party logistics provider

Correct Answer:

Conduct a spend analysis to understand current expenditure, supplier count, and sub-categories

Question 2

A category team segments its portfolio using the Kraljic matrix. A purchased component falls in the 'strategic' quadrant (high supply risk, high profit impact). Which sourcing approach is MOST appropriate?

Automate purchasing through a catalog and reduce oversight Use competitive bidding to drive annual price reductions Develop a collaborative partnership with a preferred supplier Switch to spot-market buying to avoid long-term commitments

Correct Answer:

Develop a collaborative partnership with a preferred supplier

Question 3

During a category strategy review, stakeholders disagree on whether to consolidate five marketing agencies to one or maintain multiple relationships. Which analytical tool BEST supports the consolidation decision?

Monte Carlo simulation Supplier rationalization analysis comparing TCO, risk, and capability gaps PESTLE analysis Value stream mapping

Correct Answer:

Supplier rationalization analysis comparing TCO, risk, and capability gaps

Question 4

A category manager wants to align the IT hardware category plan with the company's three-year technology roadmap. Which action BEST integrates cross-functional alignment into the category strategy?

Submit the category plan for finance approval only Share the final category plan with IT after it is approved Co-develop the category strategy with IT stakeholders from the planning stage Delegate all IT hardware decisions to the IT department

Correct Answer:

Co-develop the category strategy with IT stakeholders from the planning stage

Question 5

A supply manager is conducting a category strategy for professional services. The spend is fragmented across 40 suppliers with no preferred-supplier agreements. Which sourcing wave sequence is MOST effective?

Begin with a single mega-RFP covering all 40 suppliers simultaneously Sub-segment by service type, prioritize the highest-spend sub-categories first, and run sequential sourcing waves Immediately implement a spend freeze until a single vendor is selected Route all purchases through procurement cards without a category strategy

Correct Answer:

Sub-segment by service type, prioritize the highest-spend sub-categories first, and run sequential sourcing waves

Question 1

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About this Exam

Prepare with the CPSM Exam 2 Practice Questions - CPSM Exam 2 - Supply Management Integration Exam practice quiz. This question bank includes 100 questions covering supply, manager, chain, supplier, and cost. Use it to review important concepts, identify knowledge gaps, and build confidence for the related exam, course, or assessment.

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CPSM Exam 2 Practice Questions - CPSM Exam 2 - Supply Management Integration Exam

This practice set contains 100 questions from the matching question bank and focuses on supply, manager, chain, supplier, and cost. Work through each question carefully, review the provided solutions, and revisit topics that need more study before your next attempt.

This is an independent study resource intended for practice and review; it is not an official examination or an endorsement by any organization named in the title.

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CPSM Exam 2 Practice Questions - CPSM Exam 2 - Supply Management Integration Exam

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