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CIPS L4M8 Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Supplier Relationships and Performance | - Performance improvement
|
| Topic 2: Risk, Ethics and Sustainability | - Procurement risk management
|
| Topic 3: Procurement and Supply Context | - Role of procurement in organisations
|
| Topic 4: Contracting and Legal Principles | - Contract formation
|
| Topic 5: Procurement Process and Sourcing | - Supplier selection and evaluation
|
| Topic 6: Procurement Technology and Innovation | - Innovation in supply management
|
CIPS Procurement and Supply in Practice Sample Questions:
1. Create a list of assets of a company with which you're familiar and divide them into standard and bespoke categorizing.
2. What potential costs could an organization face if it fails to conduct Due diligence effectively?
3. What is contract performance review and continuous improvement?
4. Describe a current or recent trade war of which you are aware and explain the implication it has for world trade.
5. Describe four factors that could damage reputation within the supply chair
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: Only visible for members | Question # 3 Answer: Only visible for members | Question # 4 Answer: Only visible for members | Question # 5 Answer: Only visible for members |
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