LEAD TRUSTWORTHY EXAM TORRENT | LEAD CURRENT EXAM CONTENT

LEAD Trustworthy Exam Torrent | LEAD Current Exam Content

LEAD Trustworthy Exam Torrent | LEAD Current Exam Content

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ExamsReviews online digital Leadership and Transformation in Supply Management (LEAD) exam questions are the best way to prepare. Using our Leadership and Transformation in Supply Management (LEAD) exam dumps, you will not have to worry about whatever topics you need to master. To practice for a ISM LEAD certification exam in the software (free test), you should perform a self-assessment. The ISM LEAD Practice Test software keeps track of each previous attempt and highlights the improvements with each attempt. The Leadership and Transformation in Supply Management (LEAD) mock exam setup can be configured to a particular style or arrive at unique questions.

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ISM Leadership and Transformation in Supply Management Sample Questions (Q106-Q111):

NEW QUESTION # 106
CDE, Inc. designates a team comprised of finance and procurement professionals to develop and implement a "No PO/No Pay" policy for the organization. The goal is for the firm to have 100% purchase order (PO) usage. The team spends twelve months re-structuring processes, defining metrics, and conducting employee training sessions on the policy. However, six months after launch, the level of PO adoption shows only a modest increase from 9% to 12%. Which of the following could the team have done to BEST ensure greater success in this initiative?

  • A. Set a more reasonable target goal, as the policy and processes are new to most end-users
  • B. Included stakeholders on the initial project team to foster buy-in and promote ownership
  • C. Offered more robust training prior to launch to make it easier for end-users to adapt to the change
  • D. Spent more time developing the policy, re-structuring related processes, and defining metrics

Answer: B

Explanation:
To ensure greater success in implementing the "No PO/No Pay" policy, the team should have included stakeholders on the initial project team to foster buy-in and promote ownership. Leadership and transformation management documents emphasize the importance of stakeholder engagement in change management initiatives. By involving stakeholders from the beginning, the team can gain valuable insights, address concerns, and build a sense of ownership among those affected by the policy. This approach increases the likelihood of successful adoption and compliance. Reference highlight that stakeholder involvement is crucial for overcoming resistance to change and ensuring that new policies are effectively integrated into organizational practices.


NEW QUESTION # 107
A junior buyer joins a procurement organization and spends the first month observing a senior buyer conduct various sourcing events. This is an example of what type of training delivery method?

  • A. Mentoring
  • B. Shadowing
  • C. Learn-by-domg
  • D. One-on-one

Answer: B

Explanation:
The junior buyer observing a senior buyer conduct various sourcing events is an example of shadowing.
Shadowing: This method involves one individual observing the day-to-day activities of another, gaining insights into their tasks and responsibilities. It is an effective way to learn through observation and informal mentorship.
On-the-Job Learning: Shadowing provides practical exposure to real-world scenarios and decision-making processes, which is crucial for developing the skills of a junior buyer.
Knowledge Transfer: This method facilitates the transfer of tacit knowledge, which can be difficult to acquire through formal training programs alone.
Reference:
Noe, R.A. (2017). Employee Training and Development. McGraw-Hill Education.
Goldstein, I.L., & Ford, J.K. (2002). Training in Organizations: Needs Assessment, Development, and Evaluation. Wadsworth.


NEW QUESTION # 108
A supply management department's resources have been stretched thin, and there are few opportunities for staff growth. To improve this situation, the supply manager plans to implement an e-sourcing system, which will streamline routine procurements and allow more time for supply professionals to concentrate on value-added tasks. The supply manager wants to introduce the system in a way that will help motivate the department staff. Which of the following will MOST likely bring about this result?

  • A. A shift from a transactional to a strategic approach
  • B. A greater flexibility in department staffing
  • C. A lower total cost of ownership
  • D. A reduction in procurement process costs

Answer: A

Explanation:
* Resource Optimization: Implementing an e-sourcing system will automate routine tasks, freeing up resources for more strategic activities. This shift allows supply professionals to focus on value-added tasks that can enhance the company's competitive advantage.
* Motivation Through Empowerment: Staff are more likely to be motivated when they see their roles evolving from mundane transactional activities to more impactful strategic tasks. This transition can lead to increased job satisfaction and professional growth.
* Strategic Impact: A strategic approach to supply management involves activities such as supplier relationship management, strategic sourcing, and risk management. These activities have a more significant impact on the company's overall performance.
* Long-Term Benefits: While cost reduction and efficiency are important, the long-term benefits of a strategic approach include improved supplier partnerships, innovation, and agility in responding to market changes.
* Reference: This approach aligns with best practices in supply chain management and strategic sourcing, as discussed in sources like the Supply Chain Management Review and the Chartered Institute of Procurement & Supply (CIPS) guidelines.


NEW QUESTION # 109
A supply manager issues a purchase order to buy battery packs over the next three years. The battery packs will be used for multiple applications within the company. The first shipment is delivered in accordance with the quality standards and the delivery schedule outlined in the purchase order. Shortly thereafter, the supply manager is informed by an end user that the batteries from a second shipment are missing a component and are of no value. The supply manager immediately notifies the supplier it is in material breach and terminates the purchase order. The supply manager then informs the user departments of this decision.
Which of the following BEST describes what the supply manager did wrong (if anything) in this scenario?

  • A. The supply manager failed to communicate with the user departments to assess the impact of the problem before terminating the purchase order.
  • B. The supply manager failed to validate that the batteries were defective.
  • C. The supply manager failed to research which user departments would be impacted by the decision to terminate the purchase order with the supplier.
  • D. The supply manager acted properly.

Answer: A

Explanation:
In this scenario, the supply manager's primary mistake was failing to communicate with the user departments to assess the impact of the defective shipment before terminating the purchase order. Leadership and transformation management documents emphasize the importance of stakeholder communication and impact assessment in decision-making processes. The supply manager should have validated the defect and discussed potential solutions with the affected departments to understand the full impact of the issue and to explore possible remediation steps, such as requesting a replacement shipment or working with the supplier to resolve the quality issue. Immediate termination without such consultation could lead to unnecessary disruptions and a lack of alignment with organizational needs. Reference from leadership literature highlight the importance of cross-functional communication and collaborative problem-solving in supply chain management.


NEW QUESTION # 110
A center-led supply management organization is BEST described as having which of the following types of decision-making structures?

  • A. Top-down
  • B. Hybrid
  • C. Centralized
  • D. Decentralized

Answer: B

Explanation:
A center-led supply management organization combines elements of both centralized and decentralized decision-making structures, making it a hybrid structure. In a center-led model, strategic decisions and policies are typically centralized to ensure consistency and leverage economies of scale, while operational decisions and daily activities are decentralized to allow for flexibility and responsiveness to local needs. This structure allows organizations to balance the benefits of both centralization (such as cost savings and standardization) and decentralization (such as increased agility and local responsiveness).
Reference:
Cousins, P. D., Lamming, R. C., Lawson, B., & Squire, B. (2008). Strategic Supply Management: Principles, Theories and Practice. Pearson Education.
Monczka, R. M., Handfield, R. B., Giunipero, L. C., & Patterson, J. L. (2015). Purchasing and Supply Chain Management. Cengage Learning.


NEW QUESTION # 111
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