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CIPS L4M8 Exam

Certification Provider: CIPS
Exam Name: Procurement and Supply in Practice
Number of questions in our database: 104
Exam Version: Sep. 17, 2023
L4M8 Exam Official Topics:
  • Topic 1: Demonstrate the application of the procurement cycle/ Market analysis and testing
  • Topic 2: Supplier evaluation/ Tendering processes/ Supplier and stakeholder management/ Defining business need Demonstrate the application of the key stages of the sourcing process/ Creation of contract terms
  • Topic 3: Stages of the sourcing process/ Contract award/ Supplier selection/ Contract or supplier management
  • Topic 4: Demonstrate the application of whole life assetmanagement/ Ensure senior management support
  • Topic 5: Cross functional support ? ensure access to data/ Legal aspects ? waste management
  • Topic 6: Hidden costs ? global sourcing, risks associated with extended supply chain/ Removal or disposal processes
  • Topic 7: Include all costs ? purchase price through to disposal and end-of-life/ Only develop for larger purchases
  • Topic 8: Team working ? reduce data collection time/ Decommissioning
  • Topic 9: Demonstrate the application of ethical and responsible sourcing within an organisation/ Environmental factors
  • Topic 10: Expand reporting frameworks to include ecological and social performance/ Ethical codes of practice
  • Topic 11: Adopt sustainable practices, standards and specifications in the supply chain/ Application of the CIPS Code of Conduct
  • Topic 12: Consider the social impact of the organisation?s behaviours/ Bribery, Corruption, Fraud, Human rights, Modern slavery
  • Topic 13: Supporting information on ethical practices in supplier quotations and tenders/ Supplier monitoring and KPIs

Free CIPS L4M8 Exam Actual Questions

The questions for L4M8 were last updated On Sep. 17, 2023

Question #1

Explain why the behavior of an organization with which you are familiar could affect its business.

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Correct Answer: A

Question #2

What is a cross function team?

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Correct Answer: A

Question #3

Explain why it is deemed better to use Sea freight rather than air

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Correct Answer: A

Question #4

What is a cross function team?

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Correct Answer: A

Question #5

Explain why it is deemed better to use Sea freight rather than air

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Correct Answer: A


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