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ISM Exam INTE Topic 3 Question 20 Discussion

Actual exam question for ISM's INTE exam
Question #: 20
Topic #: 3
[All INTE Questions]

A company develops long range material forecasts, analyzes industry trends, determines commodities for value analysis, and assesses supplier capabilities to assure continual economic supply of goods and services. This company is engaged in

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Suggested Answer: C

Parts that were used for maintenance of equipment sold in the previous year but cannot be used on current equipment are best described as obsolete. Obsolete inventory refers to items that are no longer usable or saleable due to advancements in technology or changes in market demand. These parts should be identified and removed from active inventory to free up space and reduce carrying costs. Reference:

* Heizer, J., Render, B., & Munson, C. (2017). Operations Management: Sustainability and Supply Chain Management. Pearson.

* Chopra, S., & Meindl, P. (2015). Supply Chain Management: Strategy, Planning, and Op-eration. Pearson.


by Ronny at Jan 12, 2025, 11:49 AM

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Fernanda
2 months ago
If this company's forecasts are as long-range as the material they're procuring, they must be using a crystal ball or a time machine!
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Cheryll
16 days ago
D) inventory control
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Adell
26 days ago
C) early supplier involvement
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Karan
1 months ago
B) market intelligence
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Selma
2 months ago
A) supply chain mapping
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Kathrine
2 months ago
Haha, inventory control? Really? Option D is just way off the mark. This company is clearly focusing on strategic supply chain management, not just inventory.
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Bernardo
3 months ago
This is a tough one, but I think Option A is the best answer. Supply chain mapping is the core activity described in the question.
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Lindsey
1 months ago
I think market intelligence could also play a role in analyzing industry trends and forecasting materials.
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Nida
2 months ago
I agree, supply chain mapping is crucial for ensuring a steady supply of goods and services.
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Loren
3 months ago
I'm leaning towards Option C. Early supplier involvement is crucial for the company to assess supplier capabilities and assure economic supply.
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Titus
3 months ago
Option B seems to be the most accurate. The company is gathering market intelligence to ensure a continuous supply of goods and services.
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Cyril
1 months ago
Inventory control is essential for managing stock levels and avoiding shortages.
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Jesus
1 months ago
Early supplier involvement can help in building strong relationships and securing supply chains.
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Helene
2 months ago
Supply chain mapping could also be important in this scenario to optimize the flow of materials.
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Rashida
2 months ago
I agree, market intelligence is crucial for ensuring a continuous supply of goods and services.
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Cherry
3 months ago
I agree with Candida, it's definitely early supplier involvement.
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Candida
3 months ago
I believe it's early supplier involvement because they assess supplier capabilities.
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Jesusita
3 months ago
I think the company is engaged in market intelligence.
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