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ISM Exam LEAD Topic 4 Question 18 Discussion

Actual exam question for ISM's LEAD exam
Question #: 18
Topic #: 4
[All LEAD Questions]

A company's human resources manager feels that the HR department can obtain indirect services efficiently and that centralizing their purchases through supply management adds no value. Which is of the following is the BEST response supply management can make to these claims?

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Suggested Answer: D

Record/Database Management Overview: Policies governing records and databases are influenced by various factors, including storage location.

Impact of Storage Location: Where records are stored affects accessibility, security, compliance with regulations, and disaster recovery plans. This is crucial for ensuring data integrity and availability.

Considerations: Storage location impacts the physical security, environmental controls, and redundancy of records. It also determines the compliance with data protection laws and regulations.

Long-term Impact: Proper storage ensures that records are protected against loss, unauthorized access, and environmental damage, supporting effective management and retrieval processes.

Reference: Best practices in record management, as outlined in ISO 15489-1:2016 (Information and Documentation -- Records Management) and resources from the Association of Records Managers and Administrators (ARMA), emphasize the importance of secure and compliant storage locations for records management policies.


Contribute your Thoughts:

Micheline
2 days ago
While option A is good, I believe option B is even better. Validating the procurement efficiency metrics with finance will provide more credibility to the claims.
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Tess
3 days ago
I think option A is the best response. Quantifying the savings from indirect spend can clearly demonstrate the value that supply management brings to the organization.
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Chauncey
13 days ago
C) Eliminate bottlenecks at critical processes
upvoted 0 times
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Rosalyn
15 days ago
B) Validate procurement efficiency metrics with finance
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Christiane
21 days ago
A) Quantify procurement's indirect spend savings
upvoted 0 times
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