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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