CIPS L4M8 Exam Questions

Name: CIPS L4M8 Exam
Brand: Pass4Success
SKU: L4M8
Price: 69.00 USD
Availability: InStock
Rating: 4.7 (115 reviews)

Exam Name: Procurement and Supply in Practice

Exam Code: L4M8

Related Certification(s): CIPS Level 4 Diploma in Procurement and Supply Certification

Certification Provider: CIPS

Number of L4M8 practice questions in our database: 104 (updated: Apr. 18, 2025)

Expected L4M8 Exam Topics, as suggested by CIPS :

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

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Dexter

28 days ago

The exam had a focus on strategic sourcing processes. Be ready to outline the steps involved and explain their importance.

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Amos

1 months ago

Passed CIPS Procurement and Supply! Pass4Success made my preparation so much easier.

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Joanna

1 months ago

Thanks to Pass4Success, I felt well-prepared for the questions on procurement law. Pay attention to contract formation and breach of contract scenarios.

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Louis

2 months ago

The section on spend analysis caught me off guard. Make sure you understand different spend categories and how to analyze spend data.

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Gilma

2 months ago

CIPS certified! Pass4Success's questions were right on target for the actual exam.

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2 months ago

There were several questions on performance measurement in procurement. Know your KPIs and how to use them effectively.

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Rossana

3 months ago

The exam tested knowledge on international procurement. Brush up on Incoterms and their implications for global sourcing.

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Vashti

3 months ago

Grateful for Pass4Success! Their exam prep helped me pass the CIPS certification quickly.

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Pauline

3 months ago

I passed the CIPS Procurement and Supply in Practice exam, and the Pass4Success practice questions were very helpful. One question that I struggled with was about the key stages of the sourcing process, particularly the techniques for supplier selection. Even though I was unsure, I passed.

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Catrice

3 months ago

Be prepared for questions on category management. You might need to explain how to develop and implement category strategies.

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Gwenn

4 months ago

Pass4Success really helped me prepare in a short time. The exam had quite a few questions on supply chain finance. Study different payment terms and their impacts on cash flow.

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Elliott

4 months ago

Nailed the CIPS Procurement exam! Pass4Success's practice materials were incredibly helpful.

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Sherill

4 months ago

The CIPS exam was challenging, but I passed it with the help of Pass4Success practice questions. A question that I found tricky was related to the procurement cycle, specifically the importance of stakeholder engagement. Despite my uncertainty, I managed to pass.

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Lashaun

4 months ago

I was surprised by the depth of questions on e-procurement systems. Make sure you understand the benefits and challenges of implementing these technologies.

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Eleonore

5 months ago

I successfully passed the CIPS exam, and the Pass4Success practice questions were a significant aid. One question that I found difficult was about whole life asset management, particularly the strategies for asset disposal. Even though I was unsure, I passed the exam.

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Katlyn

5 months ago

The exam covered a lot on sustainable procurement. Be ready to discuss the triple bottom line and how it applies to procurement decisions.

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Dexter

5 months ago

CIPS exam success! Pass4Success provided relevant questions that made all the difference.

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Lenna

5 months ago

Passing the CIPS Procurement and Supply in Practice exam was made easier with the help of Pass4Success practice questions. There was a question on ethical and responsible sourcing that asked about the importance of sustainability in procurement decisions. I wasn't sure of my answer, but I managed to pass.

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Shawnna

5 months ago

Don't underestimate the importance of ethical procurement practices. There were several scenario-based questions testing your understanding of ethical dilemmas in procurement.

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Vilma

6 months ago

I recently passed the CIPS exam, and the practice questions from Pass4Success were invaluable. One question that caught me off guard was about the key stages of the sourcing process, specifically the methods for evaluating supplier performance. Although I was uncertain, I still passed.

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Dorothy

6 months ago

Thanks to Pass4Success for their helpful practice questions! They really prepared me for the exam's format. Pay attention to questions about risk management in the supply chain - they came up quite a bit.

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Samira

6 months ago

Passed my CIPS certification! Pass4Success really helped me study efficiently in a short time.

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Zona

6 months ago

Clearing the CIPS exam was a great achievement, and the Pass4Success practice questions were a big help. A question that puzzled me was related to the procurement cycle, particularly the steps involved in contract management. Despite my doubts, I succeeded in passing the exam.

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Alaine

6 months ago

The exam had a good mix of theoretical and practical questions. I found the section on negotiation strategies particularly challenging. Study different negotiation techniques and their applications.

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Phil

7 months ago

I passed the CIPS Procurement and Supply in Practice exam, thanks in part to the Pass4Success practice questions. One challenging question was about whole life asset management, specifically how to calculate the total cost of ownership for a new asset. Even though I was unsure, I managed to get through the exam.

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Laquita

7 months ago

Whew, that CIPS exam was tough! Glad I used Pass4Success to prepare. Their questions were a lifesaver.

upvoted 0 times

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Alline

7 months ago

Heads up! There were several questions on contract management. Make sure you understand the key stages of the contract lifecycle and common contract terms.

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Madonna

7 months ago

Having just cleared the CIPS exam, I can confidently say that the practice questions from Pass4Success played a crucial role. There was a tricky question on ethical and responsible sourcing, asking about the best practices for ensuring supplier compliance with ethical standards. I wasn't entirely sure of my answer, but I still passed.

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Genevieve

7 months ago

Just passed the CIPS Certified: Procurement and Supply in Practice exam! The questions on supplier relationship management were tricky. Be prepared to analyze case studies on collaborative partnerships.

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Raymon

8 months ago

I recently passed the CIPS Procurement and Supply in Practice exam, and I must say that the Pass4Success practice questions were incredibly helpful. One question that stumped me was about the key stages of the sourcing process, specifically how to effectively conduct a supplier appraisal. Despite my uncertainty, I managed to pass the exam.

upvoted 0 times

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Jovita

8 months ago

Just passed the CIPS Procurement and Supply exam! Thanks Pass4Success for the spot-on practice questions.

upvoted 0 times

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Melinda

8 months ago

With the assistance of Pass4Success practice questions, I was able to pass the CIPS Procurement and Supply in Practice exam. The exam covered topics such as the procurement cycle, supplier management, and tendering processes. One question that I found challenging was about market analysis and how to conduct thorough testing to ensure the best supplier selection for a specific business need.

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Isreal

9 months ago

My exam experience was successful as I passed the CIPS Procurement and Supply in Practice exam. The topics included in the exam were market analysis, supplier evaluation, and creation of contract terms. One question that I remember was about the key stages of the sourcing process and how to effectively manage supplier relationships throughout the procurement cycle.

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Keneth

9 months ago

Aced the CIPS Procurement exam! Pass4Success's resources were invaluable. Thanks for making my study time so efficient!

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Linette

10 months ago

I passed the CIPS Procurement and Supply in Practice exam with the help of Pass4Success practice questions. The exam covered topics such as supplier evaluation, tendering processes, and defining business needs. One question that stood out to me was related to supplier management and how to effectively communicate with stakeholders to ensure successful procurement outcomes.

upvoted 0 times

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Audry

10 months ago

CIPS certified! Pass4Success's exam questions were incredibly similar to the real thing. Great resource for last-minute prep!

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Fabiola

11 months ago

Thrilled to have passed the CIPS exam! Pass4Success's practice questions were a lifesaver. Highly recommend for quick prep!

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Edison

12 months ago

CIPS exam success! Pass4Success really came through with relevant materials. Couldn't have done it without their help.

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Catrice

1 years ago

Just passed the CIPS Procurement and Supply exam! Thanks to Pass4Success for the spot-on practice questions. Saved me so much time!

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Free CIPS L4M8 Exam Actual Questions

Note: Premium Questions for L4M8 were last updated On Apr. 18, 2025 (see below)

Question #1

What is contract performance review and continuous improvement?

AExplanation:
Contract performance review and continuous improvement is the stage 11 of the CIPS procurement and supply cycle.
In order to effectively manage supplier performance and contractual obligations, the suppliers per-formance against key performance indicators (KPI) should be reviewed regularly. This KPI should have been agreed doing the post contract award negotiation. In addition to review KPIs suppliers and the procurement team should work towards continuous improvement. This is a continuous ef-fort to improve product or services within an organization. This may involve improving quality, reducing waste in the supply chain and focusing on innovation. It is an ongoing process that works toward perfection.

Reveal Solution

Correct Answer: A

Question #2

Why is it important to have adequate procedures in place within an organization in relation to bribery?

AExplanation:
Bribery is the act of giving someone something of value to persuade them to do something that benefits you. Ethical and responsible sourcing requires conducting due diligence on bribery before going into contractual relationship because failure to this might lead to loss in reputation.
In other for an organization to defend itself against a case of suspected bribery, the United Kingdom bribery Act introduced in 2010 suggests that organizations should have adequate procedures' in place.
The following are six procedures an organization should have in place to be able to defend itself against bribery
1) Proportionate procedure
2) Top level commitment
3) risk assessment
4) due diligence
5) communication
6) monitoring and reviewing

Reveal Solution

Correct Answer: A

Question #3

What are the 3Ps in the triple bottom line.

AExplanation:
Trying to measure how sustainable an organization was use to be challenging undertaking. However, during the 1990s, a concept brought up by American John Elkington change the way sustainability was measured. This framework is known as the triple bottom line (TBL) and measures sustainability in relation to organizational performance and investment against the 3Ps (1) Profits (2) People (3) Planet. For example;
Profit: A packaging manufacturer reinvesting its profits in State- of-the-art recycling machinery for it wasted cardboard.
People: A large privately owned call centre donate its end of life computers to a local youth clubs and social groups to help gain internet cases.
Planet: A driving instructors using only hybrid vehicles to teach her learners, thus to reducing Co2 emission.

Reveal Solution

Correct Answer: A

Question #4

What potential costs could an organization face if it fails to conduct Due diligence effectively?

AExplanation:
Though strong due diligence procurement professionals can assess which suppliers or potential suppliers appear to meet the criteria associated with ethical practice.
Prior to the contract being awarded, strong due diligence can save the organization from the following cost:
1) Cost of reputation
2) Environmental damage
3) Stakeholders dissatisfaction,
4) poor quality and rework
5) Breach of contract
6) Ethical concerns

Reveal Solution

Correct Answer: A

Question #5

What is depreciation and deterioration?

AExplanation:
When an organization want to purchase an asset, it considers the depreciation and deterioration in the whole life of the asset and how it will be manage.
Depreciation is the reduction in value of a tangible and a fixed asset over time. The purpose of calculating the depreciation of the asset is to give the organization a fair and current view of what the asset is worth at a particular time. Depreciation is a way of converting the cost of an asset into an expense over a period of time. Depreciation is a permanent feature listed against an asset throughout its life time and it based on wear and tear, reduction in performance and reduction in value.
Deterioration is the process of something becoming lower in quality or performance. The longer the asset can last without deteriorating the better value the asset represents.

Reveal Solution

Correct Answer: A

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