ISM INTE Exam - Topic 5 Question 26 Discussion

Actual exam question for ISM's INTE exam

Question #: 26
Topic #: 5

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?

AVendor-managed inventory

BCollaborative planning, forecasting and replenishment

CSales and operations planning

DEnterprise resource planning

Show Suggested Answer

Suggested Answer: B

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.

by Laurena at May 03, 2025, 02:19 PM

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Murray

5 months ago

Surprised to see people confused about this one!

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Carmela

6 months ago

Totally agree, it's the best way to optimize supply chains!

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Gregoria

6 months ago

Nope, it's definitely B!

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Mitzie

6 months ago

Really? I thought it was just vendor-managed inventory.

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Cornell

6 months ago

It's called Collaborative planning, forecasting and replenishment.

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Felix

6 months ago

I was leaning towards sales and operations planning, but now that I think about it, it might actually be the other one. I need to double-check my notes!

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Melissa

7 months ago

I feel like this question is similar to one we practiced on supply chain collaboration. I think the answer could be B, but I'm not completely confident.

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Cyndy

7 months ago

I'm not entirely sure, but I remember something about vendor-managed inventory being about suppliers taking control of stock levels.

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Shaunna

7 months ago

I think this might be related to collaborative planning, forecasting, and replenishment. It sounds familiar from our last study session.

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Charolette

7 months ago

I've seen this type of question before. The answer is definitely B - Collaborative planning, forecasting and replenishment. That's the process described in the question.

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Lawrence

8 months ago

Okay, let me break this down. The key is the process of combining intelligence from both the retailer and supplier to improve product availability and reduce costs. I'm leaning towards B, but I'll double-check the other options just to be sure.

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Phillip

8 months ago

Hmm, I'm a bit unsure about this one. I'll have to think it through carefully to make sure I don't miss anything.

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Honey

8 months ago

This question seems straightforward, I think the answer is B - Collaborative planning, forecasting and replenishment.

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Lai

1 year ago

Hmm, I was tempted to go with A) Vendor-managed inventory, but B) makes more sense given the collaboration mentioned in the question. I hope I don't 'supplier' this one up!

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Geoffrey

11 months ago

Let's go with B) then, it seems like the best choice for this scenario.

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Virgie

12 months ago

I agree, it involves combining intelligence from both organizations to improve product availability.

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Jesusita

12 months ago

I think B) Collaborative planning, forecasting and replenishment is the right answer.

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Anglea

1 year ago

I agree, B is the way to go. This process sounds like a win-win for both the retailer and supplier, as long as they can agree on the forecasting and replenishment plan.

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Paulene

11 months ago

B: Definitely, collaboration is key in this process.

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Van

11 months ago

A: Exactly, it's a win-win for both the retailer and supplier if they can agree on the plan.

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Maddie

12 months ago

B: Yeah, that makes sense. It's all about working together to improve product availability and reduce costs.

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Louvenia

12 months ago

A: I think the answer is B) Collaborative planning, forecasting and replenishment.

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Penney

1 year ago

I think D) Enterprise resource planning is not the correct answer, as it focuses more on integrating internal processes rather than collaboration with external partners.

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Lettie

1 year ago

B) Collaborative planning, forecasting and replenishment seems like the most accurate answer. The question mentions combining intelligence between the retailer and supplier, which aligns with the collaboration aspect of this process.

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