Exam Name: Certified in Planning and Inventory Management(Part 2)
Certification Provider: APICS
Corresponding Certification: CPIM Certification
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APICS CPIM-Part-2 Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Supply Management | 15% | - Material requirements planning - Procurement and contract management - Supplier selection and relationship management |
| Topic 2: Detailed Scheduling and Execution | 12% | - Scheduling techniques and shop floor control - Distribution and logistics planning - Capacity planning and management |
| Topic 3: Sales and Operations Planning (S&OP) | 18% | - Reconcile financial and operational plans - Aggregate demand and supply review - S&OP process governance |
| Topic 4: Continuous Improvement and Technology | 6% | - ERP and supply chain technology - Lean, Six Sigma, and TOC principles |
| Topic 5: Demand Management | 12% | - Demand shaping and collaboration - Forecasting techniques and accuracy - Customer requirements and order management |
| Topic 6: Inventory Management | 15% | - Order quantity and safety stock policies - Cycle counting and accuracy control - Inventory classification and optimization |
| Topic 7: Strategic Management of Resources | 22% | - Risk management and sustainability - Align operations with organizational strategy - Performance measurement and KPIs |
APICS Certified in Planning and Inventory Management(Part 2) Sample Questions:
A technique to manage load variability would be to:
- A. use capacity bills to provide a rough-cut method of planning total-time-per-unit value.
- B. plan additional safety capacity as a part of total available capacity to meet unplanned demand.
- C. design the shop floor with machines that sit idle until additional demand requires their use.
- D. apply capacity planning using overall factors (CPOF) to identify priority items at the work center.
Correct Answer: B 🗳️
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"We have observed the inventory system does not handle plastic parts well." Whatshould be added to the problemstatement to make it more useful?
- A. Measurements that help describe the problem
- B. Guidance to which problem-solving tools should be used
- C. Description of who is responsible for the problem
- D. Criteria for selecting the improvement team
Correct Answer: A 🗳️
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Which of the following activities would be effective to mitigate the bullwhip effect?
- A. Implement track and trace technology.
- B. Increase inventory.
- C. Reduce lead times.
- D. Use a push system.
Correct Answer: C 🗳️
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Which of the following actions will result in lower inventory levels?
- A. Level load the master production schedule (MPS).
- B. Reduce replenishment lead times.
- C. Decentralize inventory locations.
- D. Increase customer service level.
Correct Answer: B 🗳️
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Rivalry among competing sellers is generally weaker when:
- A. buyer costs to switch brands are low.
- B. the number of rivals increases, and rivals are of roughly equal size and competitive capability.
- C. the products of rival sellers are commodities.
- D. buyer demand is growing rapidly.
Correct Answer: D 🗳️
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