FREE PDF ISM - PASS-SURE LATEST LEAD LEARNING MATERIAL

Free PDF ISM - Pass-Sure Latest LEAD Learning Material

Free PDF ISM - Pass-Sure Latest LEAD Learning Material

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ISM LEAD dumps PDF version is printable and embedded with valid ISM LEAD questions to help you get ready for the LEAD exam quickly. Leadership and Transformation in Supply Management (LEAD) exam dumps pdf are also usable on several smart devices. You can use it anywhere at any time on your smartphones and tablets. We update our ISM LEAD Exam Questions bank regularly to match the changes and improve the quality of LEAD questions so you can get a better experience.

ISM LEAD Exam Syllabus Topics:

TopicDetails
Topic 1
  • Risk and Compliance: This domain covers identifying, assessing, and mitigating potential threats while ensuring adherence to regulations in supply management.
Topic 2
  • Corporate Social Responsibility and Ethics: This domain covers incorporating ethical and sustainable practices into decision-making and supply chain processes.
Topic 3
  • Strategy Development: This section covers creating and carrying out long-term supply management plans to meet organisational objectives.
Topic 4
  • Systems Capability and Technology: This domain covers developing talent and expanding skill sets among the supply management group members.

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ISM Leadership and Transformation in Supply Management Sample Questions (Q27-Q32):

NEW QUESTION # 27
An organization's management team requires each department head to submit information highlighting its contributions and justifying staffing levels. The firm's supply manager is a member of this management team. Which of the following would be the MOST effective way for the supply manager to communicate how supply management's value-added services support the organization's objectives?

  • A. An executive summary
  • B. A detailed graphic presentation
  • C. A memo outlining key points
  • D. A list of cost savings

Answer: B

Explanation:
The most effective way for the supply manager to communicate the value-added services of supply management to the organization's management team is through a detailed graphic presentation. Leadership and transformation management documents emphasize the power of visual communication in conveying complex information clearly and effectively. A graphic presentation can highlight key contributions, cost savings, efficiencies, and other value-added services in a visually engaging manner that is easy to understand and remember. Reference from leadership literature suggest that visual tools, such as charts and graphs, can be highly effective in presenting data and justifying staffing levels, as they provide a clear and concise overview of performance and impact.
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NEW QUESTION # 28
DEF Company acquires MNO, Incorporated. The new firm's chief procurement officer (CPO) is tasked with consolidating duplicate components under one supplier for the lowest total cost. The CPO plans to use the firms' combined cognitive procurement system to complete this task. Which of the following will this system MOST likely yield in order to aid the CPO?

  • A. The financial strength of the suppliers providing the components
  • B. The price, quality, performance and reliability of the components and the suppliers
  • C. The demand for the components for both DEF and MNO
  • D. The level of risk posed by each supplier based on location and disaster recovery plans

Answer: B

Explanation:
Using the firms' combined cognitive procurement system, the CPO is most likely to yield information on the price, quality, performance, and reliability of the components and the suppliers. This data is crucial for consolidating duplicate components under one supplier for the lowest total cost.
Cognitive Procurement Systems: These systems utilize artificial intelligence and data analytics to provide comprehensive insights into procurement activities. They help in assessing various parameters such as cost, quality, and supplier performance.
Decision-Making: Having detailed information on price, quality, performance, and reliability allows the CPO to make informed decisions about which suppliers to consolidate, ensuring that the best overall value is achieved.
Optimization: This approach helps in optimizing the supply chain by selecting suppliers that offer the best combination of cost efficiency and reliability, ultimately reducing total procurement costs.
Reference:
Handfield, R.B., & Nichols, E.L. (1999). Introduction to Supply Chain Management. Prentice Hall.
Monczka, R.M., Handfield, R.B., Giunipero, L.C., & Patterson, J.L. (2015). Purchasing and Supply Chain Management. Cengage Learning.


NEW QUESTION # 29
When evaluating the performance of supply management employees, which of the following types of input will be MOST comprehensive?

  • A. Peer input
  • B. 360 degree input
  • C. Customer input
  • D. Stakeholder input

Answer: B

Explanation:
Types of Input for Performance Evaluation:
Customer Input: Feedback from external customers or clients.
Peer Input: Feedback from colleagues at the same level within the organization.
360 Degree Input: Comprehensive feedback collected from an employee's subordinates, peers, and supervisors, as well as a self-evaluation.
Stakeholder Input: Feedback from all parties interested in or affected by the employee's performance.
Comprehensiveness of 360 Degree Input:
This method includes a full spectrum of feedback sources, covering supervisors (managerial perspective), peers (collegial perspective), subordinates (leadership perspective), and self-assessment (personal perspective).
This approach ensures a holistic view of the employee's performance, identifying strengths and areas for improvement from multiple viewpoints.
Conclusion: The 360 degree input is the most comprehensive type of feedback as it encompasses evaluations from all levels of interaction, providing a well-rounded understanding of an employee's performance.
Reference:
Harvard Business Review articles on performance management
Society for Human Resource Management (SHRM) guidelines on performance evaluation


NEW QUESTION # 30
A tech company creates several innovative software programs for internal usage, including a program that streamlines supply chain management. To leverage its efforts, the company markets a version of this program. An important potential customer asks the supply manager about future enhancements to the software. While such updates are in progress, they have not been announced. Given this situation, which of the following is the BEST course of action for the supply manager to take?

  • A. Invite the firm's marketing department to close a deal based on the future release
  • B. Highlight features of the new version to increase the customer's interest
  • C. Confirm the customer has signed a current Non-Disclosure Agreement (NDA)
  • D. Coordinate with the marketing department to determine if release details can be shared

Answer: D

Explanation:
Understanding the Situation:
The supply manager knows of future enhancements to a software program but these updates are not publicly announced.
It is essential to handle this information carefully to avoid breaching confidentiality or misrepresenting the product.
Best Course of Action:
Coordinating with Marketing: Ensures that any information shared with the potential customer is accurate and aligns with the company's communication strategy.
The marketing department can confirm whether the details of the future release can be disclosed and provide guidance on how to present this information appropriately.
Conclusion: By coordinating with the marketing department, the supply manager ensures proper handling of sensitive information, maintains alignment with company policies, and avoids potential legal or ethical issues.
Reference:
"Marketing Management" by Philip Kotler and Kevin Lane Keller
Corporate communication policies and guidelines from internal company documents


NEW QUESTION # 31
A firm wishes to lessen its environmental impact within the community. However, the firm must first establish a baseline measurement. In this situation, which of the following is the BEST way for the firm to measure its supply base's sustainability performance?

  • A. Include environmental reporting as part of tender submission requirements
  • B. Request environmental regulators establish a baseline and measure progress
  • C. Obtain published environmental reports of the firm's key suppliers
  • D. Adapt a recognized third-party scorecard to the firm's key suppliers

Answer: D

Explanation:
* Establishing Baseline Measurement: To lessen its environmental impact, the firm needs to establish a baseline measurement of its supply base's sustainability performance.
* Third-Party Scorecard: Adapting a recognized third-party scorecard, such as those from the Global Reporting Initiative (GRI) or the Carbon Disclosure Project (CDP), provides a standardized and credible way to measure and compare the sustainability performance of suppliers.
* Advantages: This approach ensures consistency, objectivity, and comparability across suppliers, and leverages established methodologies and metrics for environmental performance assessment.
* Implementation: The firm can customize the scorecard to focus on specific environmental criteria relevant to its operations and community impact, ensuring alignment with its sustainability goals.
* Reference: Best practices in supply chain sustainability, as discussed in resources like the Sustainable Supply Chain Management Guide by the World Economic Forum and the GRI Standards, support the use of third-party scorecards for measuring and managing sustainability performance.


NEW QUESTION # 32
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