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.

AExplanation:
The social impact of an organization is formed by various behaviors. If an organization; behavior is poor this will create social impact which is likely to be reflected in the business performance. Organizations which display poor behavior face outcomes such as the following.
1. Reduce brand loyalty
2. Difficulty in recruiting
3. Negative media coverage
4. Reduced sales/profit
5. reputation damage

Reveal Solution

Correct Answer: A

Question #2

What is a cross function team?

AExplanation:
A cross-function Team is the involvement of all departments that are in an organization to contribute knowledge, skills and innovation towards adding value to achieving the organization's strategic goal. Example, procurement, maintenance, marketing, finance, human resources working together in procurement activity to come up with the best strategy or selecting the supplier that best suit the organization.
When working in a cross-functional team, members of the organization give support by believing in the end goal, assist during difficult time, help troubleshoot any issue, providing the required resources and sharing information

Reveal Solution

Correct Answer: A

Question #3

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

AExplanation:
It would be rare to find a supplier who does not emit any form of pollution. However, part of ethical and responsible sourcing is to make effort to reduce impact of population on the planets. Pollution can be factory emission, Noise, smell, Transportation Development, waste disposal. Transportation is a major cause of pollution. The carbon dioxide emitted from vehicles contributes greatly to air contamination. Yet it is better to use sea freight rather than air because it has a smaller impact on the environment.

Reveal Solution

Correct Answer: A

Question #4

What is a cross function team?

Reveal Solution

Correct Answer: A

Question #5

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

Reveal Solution

Correct Answer: A

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