ISM INTE Exam - Topic 3 Question 20 Discussion

Actual exam question for ISM's INTE exam

Question #: 20
Topic #: 3

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

Asupply chain mapping

Bmarket intelligence

Cearly supplier involvement

Dinventory control

Show Suggested Answer

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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Serita

6 months ago

Inventory control doesn't fit here at all.

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Harris

6 months ago

Wait, are they really doing all that? Seems too good to be true.

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Twana

6 months ago

Definitely early supplier involvement!

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Sue

7 months ago

I think it's more about supply chain mapping.

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Jamal

7 months ago

Sounds like market intelligence to me.

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Ollie

7 months ago

Inventory control seems off for this question; it’s more about managing stock levels, right?

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Dorsey

7 months ago

Early supplier involvement sounds familiar, but I feel like that’s more about collaboration than just analyzing capabilities.

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Keneth

7 months ago

I'm not entirely sure, but I remember something about supply chain mapping focusing more on logistics rather than trends.

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Rebbeca

8 months ago

I think this might be related to market intelligence since it involves analyzing trends and forecasts.

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Gladys

8 months ago

This is right up my alley! The company is doing all the classic supply chain management activities, so the answer has to be B - market intelligence.

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Lili

8 months ago

I'm a bit confused by all the details in the question. I'll need to re-read it carefully and think through each answer option to make sure I don't miss anything.

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Brittni

8 months ago

Okay, I've got this. The company is clearly engaged in strategic supply chain management, so the answer has to be B - market intelligence.

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Trinidad

8 months ago

Hmm, this is a tricky one. The question mentions a lot of different supply chain activities, so I'll need to carefully consider how they all fit together.

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Brock

8 months ago

This seems like a straightforward supply chain management question. I'll focus on the key activities described and match them to the answer choices.

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Fernanda

1 year 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

11 months ago

D) inventory control

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Adell

12 months ago

C) early supplier involvement

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Karan

12 months ago

B) market intelligence

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Selma

1 year ago

A) supply chain mapping

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Kathrine

1 year 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

1 year 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 year ago

I think market intelligence could also play a role in analyzing industry trends and forecasting materials.

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Nida

1 year ago

I agree, supply chain mapping is crucial for ensuring a steady supply of goods and services.

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Loren

1 year 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

1 year 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 year ago

Inventory control is essential for managing stock levels and avoiding shortages.

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Jesus

1 year ago

Early supplier involvement can help in building strong relationships and securing supply chains.

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Helene

1 year ago

Supply chain mapping could also be important in this scenario to optimize the flow of materials.

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Rashida

1 year ago

I agree, market intelligence is crucial for ensuring a continuous supply of goods and services.

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Cherry

1 year ago

I agree with Candida, it's definitely early supplier involvement.

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Candida

1 year ago

I believe it's early supplier involvement because they assess supplier capabilities.

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Jesusita

1 year ago

I think the company is engaged in market intelligence.

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