CIPS L4M4 Exam - Topic 1 Question 28 Discussion

Actual exam question for CIPS's L4M4 exam

Question #: 28
Topic #: 1

When working closely with a supplier, waste can be reduced which can lead to improved business functions and cost savings. Which of the following are wastes that can be removed from the supply chain? Select THREE.

AOver-analyzing

BBarriers

CMotion

DWaiting

EInventory

Show Suggested Answer

Suggested Answer: D

This is a facilitation payment. It's when a sum of money is given for 'helping to facilitate' a contract. E.g. a procurement manager may accept a facilitation payment from a supplier for selecting him to be a new supplier for a big contract.

In the UK this is definitely considered a bribe. It's also against the CIPS Code of Conflict

by Mozell at Jan 13, 2025, 04:05 PM

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Temeka

9 months ago

Really? I didn't know barriers could be considered waste.

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Micaela

9 months ago

Totally agree, motion waste is often overlooked.

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Annelle

10 months ago

Over-analyzing? Not sure that counts as waste.

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Daniel

10 months ago

I think inventory management is key too!

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Keneth

10 months ago

Waiting is definitely a waste we can cut down on.

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Jutta

10 months ago

I recall a practice question where inventory was highlighted as a waste, so I’m leaning towards that being one of the answers as well.

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Karol

11 months ago

I think motion is a waste too, especially if it involves unnecessary movement of goods or people.

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Raina

11 months ago

I'm not entirely sure about over-analyzing, but I feel like it could be considered a waste if it delays decisions.

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Tiffiny

11 months ago

I remember we talked about how waiting can really slow down the supply chain, so I think that should definitely be one of the wastes to remove.

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Wai

11 months ago

This is a straightforward question. The key is to identify the waste types that are most relevant to the supply chain context. I'm confident I can nail this one.

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Jamal

11 months ago

I'm a bit unsure about this one. There are a lot of options, and I want to make sure I select the right three. I'll read through the choices carefully and try to eliminate the ones that don't fit.

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Herminia

11 months ago

Okay, I've got this. Waiting and inventory are definitely wastes that can be reduced by working closely with suppliers. Now I just need to pick one more.

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Kip

11 months ago

Hmm, let me think about this. Over-analyzing, barriers, and motion seem like the most obvious types of waste to target. I'll double-check the other options to make sure I don't miss anything.

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Mike

11 months ago

This looks like a classic supply chain management question. I'll focus on identifying the key types of waste that can be reduced through supplier collaboration.

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Rolland

1 year ago

Looks like we need to channel our inner Marie Kondo and get rid of the supply chain clutter. Motion, waiting, and inventory - those are the real wastes that spark no joy.

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Annita

1 year ago

E) Inventory

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Chery

1 year ago

C) Motion

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Tambra

1 year ago

A) Over-analyzing

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Cora

1 year ago

I don't know, man. What if I just select all the options and hope for the best? That's how I got through my driver's license exam.

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Shawn

1 year ago

I agree. Let's eliminate the options that seem less relevant.

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Sunny

1 year ago

I think we should focus on the ones that directly impact the supply chain.

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Milly

1 year ago

That might not be the best strategy. Let's think about it together.

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Tawna

1 year ago

Aha! I got this one. C, D, and E - motion, waiting, and inventory. Cutting down on those will definitely improve business functions and save some dough.

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